3983 Denker Avenue

    Los Angeles (City), CA 90062
    • $780,000
    • STATUS: Active Under Contract
    • ON SITE: 90 days
    • ID#: 18385898
    Under Contract
    UPDATED: 52 min ago
    $780,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,112
      SQFT
    • $369
      $/SQFT
    Type:
    Multi-Family
    Built:
    1921
    County:

    School Ratings & Info

    Description

    PRICE REDUCED FOR QUICK SALE. The property consists of four individual bungalow units with new exterior paint and landscaping. One unit was recently rehabbed (see photos). The back unit has a private yard. This property is under LA rent control. There is upside in rent. One unit is 1/3 of market rent and tenant may vacate by January 2019. Close to MetroRail station at Western & Exposition Bl. Mostly single-family homes on the street and in the neighborhood. Great cap rate 5.7% and GRM 12.44. MOTIVATED SELLER.

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    Based on information from CARETS as of 2018-12-13T17:48:37.597. 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/87473333

    3983 Denker Avenue Los Angeles (City), CA 90062

    • Price: $780,000
    • Status: Active Under Contract
    • Updated: 52 min ago
    • ID#: 18385898
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    2,112
    SQFT
    $369
    $/SQFT
    1921
    Built
    Neighborhood:
    Los Angeles Southwest (C34)
    County:
    Los Angeles
    Area:
    Los Angeles Southwest (C34)
    Property Description
    PRICE REDUCED FOR QUICK SALE. The property consists of four individual bungalow units with new exterior paint and landscaping. One unit was recently rehabbed (see photos). The back unit has a private yard. This property is under LA rent control. There is upside in rent. One unit is 1/3 of market rent and tenant may vacate by January 2019. Close to MetroRail station at Western & Exposition Bl. Mostly single-family homes on the street and in the neighborhood. Great cap rate 5.7% and GRM 12.44. MOTIVATED SELLER.
    Exterior Features

    Parking Features Driveway - Concrete Parking Spaces Total 4

    Interior Features

    Appliances None Cooling Type Air Conditioning Heating Type Wall Heater Total Floors 1 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Unfurnished Unit Furnished04 Unfurnished 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 1.0 Unit Number Of Bath02 1.0 Unit Number Of Bath03 1.0 Unit Number Of Bath04 1.0 Unit Number Of Bed01 1 Unit Number Of Bed02 1 Unit Number Of Bed03 1 Unit Number Of Bed04 1 Water Heaters YN Y

    Property Features

    Adjusted Gross Income 62676.00 Assessed Improvement Value 201932.00 Assessed Land Value 310666.00 Cap Rate 5.70 Country United States Of America Expense Electric 800.00 Expense Gardener 600.00 Expense Insurance 1500.00 Expense Maintenance 2500.00 Expense Other 1000.00 Expense Tax 9360.00 Expense Total Annual 17960.00 Expense Trash 0.00 Expense Water 2200.00 Gross Operating Income 62676.00 Gross Rent Multiplier 12.44 Gross Scheduled Income 62676.00 Hoa YN N Legal Disclosures Take Property As IsRent Control Lot Size Source Other Monthly Gross Income 5223.00 Net Operating Income 44716.00 Number Of Buildings 4 Special Conditions Standard Sale Square Footage Source Other Unit Monthly Rent01 668.00 Unit Monthly Rent02 1245.00 Unit Monthly Rent03 1860.00 Unit Monthly Rent04 1450.00 Unit Projected Total Monthly Rent01 1800.00 Unit Projected Total Monthly Rent02 1800.00 Unit Projected Total Monthly Rent03 1800.00 Unit Projected Total Monthly Rent04 1800.00 Unit Total Monthly Rent01 668.00 Unit Total Monthly Rent02 1245.00 Unit Total Monthly Rent03 1860.00 Unit Total Monthly Rent04 1450.00 Unit Type01 1 Unit Type02 1 Unit Type03 1 Unit Type04 1 Units Total In Complex 4 Zoning Lard2

    Listing provided courtesy of Keith Brennan DRE#01214434 of Brennen Realty.


    Based on information from CARETS as of 2018-12-13T17:48:37.597. 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