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1834 W 11th Place

Los Angeles (City), CA 90006
  • $1,490,000
  • STATUS: Active
  • ON SITE: 14 Days
  • ID#: PW22098896
UPDATED: 13 min ago
$1,490,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1930
County:

School Ratings & Info

Listing Agent(s): Soo Yeol Oh of New Star Realty & Investment (714-994-3377) and Hyun Soo Oh of New Star Realty & Investment(714-994-3377)


Description

Location! Location! Location! It's a great location near downtown L.A. and perfect for Air B&B. Staples Center, Convention Center, and Loyola Law School are within walking distance. And it is three blocks away from Korea Town. Great income property in good condition with hardwood flooring. 4 units: 1) 2 beds, 1 bath, 2) 2 beds, 1 bath, 3) 3 beds, 1 bath, 4) 3 beds 2 baths. It is over 5,432 sqft living area. Each unit has its own garage. Front and back entrances. The current rent is lower than the market. This property is potential for increase in income. Excellent potential for new owner. This is AS-IS condition sale. Buyers advised to verify all permits, records to their own satisfaction.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-26T09:30:26.053. 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/128605513
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1834 W 11th Place Los Angeles (City), CA 90006

  • Price: $1,490,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 13 min ago
  • ID#: PW22098896
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1930
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
Location! Location! Location! It's a great location near downtown L.A. and perfect for Air B&B. Staples Center, Convention Center, and Loyola Law School are within walking distance. And it is three blocks away from Korea Town. Great income property in good condition with hardwood flooring. 4 units: 1) 2 beds, 1 bath, 2) 2 beds, 1 bath, 3) 3 beds, 1 bath, 4) 3 beds 2 baths. It is over 5,432 sqft living area. Each unit has its own garage. Front and back entrances. The current rent is lower than the market. This property is potential for increase in income. Excellent potential for new owner. This is AS-IS condition sale. Buyers advised to verify all permits, records to their own satisfaction.
Exterior Features

Entry Level 1 Entry Location Ground Lot Features Near Public Transit Number Of Separate Electric Meters 4 Open Parking Spaces 4 Parking Total 8 Pool Features None Pool Private YN No Property Attached YN No Spa Features None Spa YN No View None View YN No

Interior Features

Common Walls No Common Walls Flooring Wood Heating Forced Air Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 3.42 Common Interest Community Apartment Community Features Sidewalks Electric Standard Garage YN Yes Gross Income 77100 Gross Scheduled Income 77100 Insurance Expense 3400 Land Lease YN No Laundry Features Common AreaWasher HookupGas Dryer Hookup Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan1031 Exchange Net Operating Income 50900 New Construction YN No New Taxes Expense 18000 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 26200 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public SewerSewer Tap Paid Special Listing Conditions Standard Trash Expense 800 Utilities Sewer Connected Water Sewer Expense 4000 Water Source Public Zoning Lard1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-26T09:30:26.053. 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): Soo Yeol Oh of New Star Realty & Investment (714-994-3377) and Hyun Soo Oh of New Star Realty & Investment(714-994-3377)