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1442 S Fairfax Avenue

Los Angeles (City), CA 90019
  • $1,774,900
  • STATUS: Active
  • ON SITE: 28 Days
  • ID#: 320009667
UPDATED: 41 min ago
$1,774,900
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1937
County:

School Ratings & Info

Listing Agent(s): Carlos Borraez of Keller Williams R. E. Services (818-432-3200)


Description

French County Fourplex in the fantastic Pico Fairfax Neighborhood Fantastic fourplex building with lots of character. The French Country Architecture construction from 1938 counts with private entrances to each unit, decorative fireplaces, thick crown moldings, dining rooms and Laundry in all units, beautiful hardwood floors and independent garages for each tenant. The property is in the trendy Pico Fairfax area also known as the Picfair neighborhood. The location is so close to all the great places in LA, just minutes to Culver City, the Grove, Beverly Hills, Santa Monica, and Downtown LA. The building delivers a solid 3.5 CAP and 17.8 GRM. This is a very stable well managed asset, with great tenants and nearly market rents. Information deem reliable but not verified. It is up to the buyer to verify all information here contain, including sqft, lot size, zoning, permits and everything else deem necessary. Agents nor seller guarantees accuracy of information. Drive by only please do not walk through the property or disturb tenants. Thank you

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-25T21:30:18.813. 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/128069154
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1442 S Fairfax Avenue Los Angeles (City), CA 90019

  • Price: $1,774,900
  • Status: Active
  • On Site: 28 Days
  • Updated: 41 min ago
  • ID#: 320009667
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1937
Built
Neighborhood:
Not Applicable-105
County:
Los Angeles
Area:
C16 - Mid Los Angeles
Property Description
French County Fourplex in the fantastic Pico Fairfax Neighborhood Fantastic fourplex building with lots of character. The French Country Architecture construction from 1938 counts with private entrances to each unit, decorative fireplaces, thick crown moldings, dining rooms and Laundry in all units, beautiful hardwood floors and independent garages for each tenant. The property is in the trendy Pico Fairfax area also known as the Picfair neighborhood. The location is so close to all the great places in LA, just minutes to Culver City, the Grove, Beverly Hills, Santa Monica, and Downtown LA. The building delivers a solid 3.5 CAP and 17.8 GRM. This is a very stable well managed asset, with great tenants and nearly market rents. Information deem reliable but not verified. It is up to the buyer to verify all information here contain, including sqft, lot size, zoning, permits and everything else deem necessary. Agents nor seller guarantees accuracy of information. Drive by only please do not walk through the property or disturb tenants. Thank you
Exterior Features

Architectural Style French Carport Spaces 0 Number Of Separate Electric Meters 4 Parking Features Private Parking Total 4 Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features DecorativeLiving Room Fireplace YN Yes Flooring Wood Heating Forced AirNatural Gas Heating YN Yes

Property Features

Cap Rate 0 Current Financing Conventional Fuel Expense 0 Garage YN Yes Gross Scheduled Income 100212 Insurance Expense 2088 Land Lease Amount 0 Land Lease YN No Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional Maintenance Expense 3750 Net Operating Income 61938 New Construction YN No New Taxes Expense 19525 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 0 Operating Expense 38274 Other Expense 0 Pest Control Expense 1375 Possession Close Of Escrow Special Listing Conditions Standard Supplies Expense 0 Tax Annual Amount 0 Total Actual Rent 8351 Trash Expense 0 Vacancy Allowance 0 Vacancy Allowance Rate 0 Water Sewer Expense 4046 Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-25T21:30:18.813. 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): Carlos Borraez of Keller Williams R. E. Services (818-432-3200)