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10756 Woodbine Street

Los Angeles (City), CA 90034
  • $1,745,000
  • STATUS: Active
  • ON SITE: 33 Days
  • ID#: SB22080048
UPDATED: 54 min ago
$1,745,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1940
County:

School Ratings & Info

Listing Agent(s): Mario Gandara of W&D Real Estate Investments (310-562-0324)


Description

Excellent opportunity for an owner-user to occupy the 2 bedroom 2 bath single-family home while collecting rental income from the two additional units to offset the mortgage. The house will be delivered vacant. The single-family home boasts a private backyard and a nice layout. In addition, the new owner will have the opportunity to remodel and add square footage to the house (plans are available). The other two units are both 2 bedrooms and 1 bath and have significant upside in rents. Ample parking up to 9 cars can park on the driveway. The property is zoned LAR3 so there is an opportunity to develop the parcel. The property is exempt from soft story retrofit.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-25T20:35:37.52. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
www.northsdrealty.com/homes/127921358
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10756 Woodbine Street Los Angeles (City), CA 90034

  • Price: $1,745,000
  • Status: Active
  • On Site: 33 Days
  • Updated: 54 min ago
  • ID#: SB22080048
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1940
Built
Neighborhood:
C13 - Palms - Mar Vista
County:
Los Angeles
Area:
C13 - Palms - Mar Vista
Property Description
Excellent opportunity for an owner-user to occupy the 2 bedroom 2 bath single-family home while collecting rental income from the two additional units to offset the mortgage. The house will be delivered vacant. The single-family home boasts a private backyard and a nice layout. In addition, the new owner will have the opportunity to remodel and add square footage to the house (plans are available). The other two units are both 2 bedrooms and 1 bath and have significant upside in rents. Ample parking up to 9 cars can park on the driveway. The property is zoned LAR3 so there is an opportunity to develop the parcel. The property is exempt from soft story retrofit.
Exterior Features

Lot Features Back Yard Number Of Separate Electric Meters 3 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Cap Rate 3.11 Common Interest None Community Features Urban Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 93336 Gross Scheduled Income 93336 Insurance Expense 0 Land Lease YN No Laundry Features Inside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms 1031 Exchange Net Operating Income 57538 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 3 Number Of Units Leased 2 Operating Expense 32998 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Vacancy Allowance Rate 3 Water Sewer Expense 0 Water Source Public Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-25T20:35:37.52. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
 
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The Houston Team | Compass CA DRE#01991628
2100 Costa Del Mar
Carlsbad CA, 92009
Listing Agent(s): Mario Gandara of W&D Real Estate Investments (310-562-0324)