2424 West

    Los Angeles (City), CA 90016
    • $639,888
    • STATUS: Active Under Contract
    • ON SITE: 88 days
    • ID#: 18386640
    Under Contract
    UPDATED: 38 min ago
    $639,888
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 400
      SQFT
    • $1,600
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    Great investment opportunity in Mid City LA border with West Adams District. The back house is a fixer and it has 3 bedrooms 1.5 bathrooms. The tenants have agreed to relocation amount and will move out once they find a property they are looking to buy. The middle unit is 1 bed 1 bath and is vacant. because tenant has accepted cash for keys. Front unit has not been approached for any relocation. back house Current Rent $1,519 ... market rents $3000 Mid Unit market rent $1450. It is vacant. Front unit market rent $1,450 it is occupied with Current Rent $928 *. Opportunity to create value and hold long term in a neighborhood that is getting better every day.

    Monthly Payment Calculator



    Based on information from CARETS as of 2018-12-12T18:50:03.273. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.scvnest.com/homes/87521358

    2424 West Los Angeles (City), CA 90016

    • Price: $639,888
    • Status: Active Under Contract
    • Updated: 38 min ago
    • ID#: 18386640
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    400
    SQFT
    $1,600
    $/SQFT
    1923
    Built
    Neighborhood:
    Mid Los Angeles (C16)
    County:
    Los Angeles
    Area:
    Mid Los Angeles (C16)
    Property Description
    Great investment opportunity in Mid City LA border with West Adams District. The back house is a fixer and it has 3 bedrooms 1.5 bathrooms. The tenants have agreed to relocation amount and will move out once they find a property they are looking to buy. The middle unit is 1 bed 1 bath and is vacant. because tenant has accepted cash for keys. Front unit has not been approached for any relocation. back house Current Rent $1,519 ... market rents $3000 Mid Unit market rent $1450. It is vacant. Front unit market rent $1,450 it is occupied with Current Rent $928 *. Opportunity to create value and hold long term in a neighborhood that is getting better every day.
    Exterior Features

    Parking Features Driveway Parking Spaces Total 3

    Interior Features

    Appliances None Cooling Type Other Heating Type Wall Heater Total Floors 0 Unit Furnished01 Unfurnished Unit Furnished02 Partially Unit Furnished03 Partially Unit Furnished04 Partially Unit Furnished05 Partially Unit Furnished06 Partially Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 1.5 Unit Number Of Bath02 1.0 Unit Number Of Bath03 1.0 Unit Number Of Bed01 3 Unit Number Of Bed02 1 Unit Number Of Bed03 1

    Property Features

    Adjusted Gross Income 3368.00 Assessed Improvement Value 79576.00 Assessed Land Value 212207.00 Cap Rate 5.00 Country United States Of America Expense Total Annual 500.00 Gross Operating Income 3368.00 Gross Rent Multiplier 16.00 Hoa YN N Legal Disclosures Take Property As Is Lot Size Source Public Records Net Operating Income 2868.00 Number Of Buildings 3 Special Conditions Standard Sale Square Footage Source Vendor Enhanced Unit Monthly Rent01 1519.00 Unit Monthly Rent02 1450.00 Unit Monthly Rent03 921.00 Unit Projected Total Monthly Rent01 1519.00 Unit Projected Total Monthly Rent02 1450.00 Unit Projected Total Monthly Rent03 921.00 Unit Total Monthly Rent01 1519.00 Unit Total Monthly Rent02 1450.00 Unit Total Monthly Rent03 921.00 Unit Type01 1 Unit Type02 1 Unit Type03 1 Units Total In Complex 3 Zoning Lar2

    Listing provided courtesy of Ronald Escobar DRE#01844635 of Century 21 Select.


    Based on information from CARETS as of 2018-12-12T18:50:03.273. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
    RE/MAX of Santa Clarita
    25101 The Old Road
    Santa Clarita CA, 91381