255 Isabel Street

    Los Angeles (City), CA 90065
    • $2,100,000
    • STATUS: Closed
    • ON SITE: 214 days
    • ID#: 19525228
    Sold - 12/17/2019
    $2,100,000
    SOLD - 12/17/2019
    • 0
      BEDS
    • 0.31
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1925
    County:

    School Ratings & Info

    Description

    255 Isabel Street ia a one-of- a-kind 7-unit apartment community located in Mt. Washington (90065). 255 Isabel Street was built in 1925 and consists of seven charming stand-alone bungalow homes. Each one has its own private entrance and exit and a unique outdoor space. The bungalows are large in size and have one bedroom and one bathroom. They sit on a sprawling 13,380 square foot lot, offering plenty of privacy and space for the tenants to enjoy. Stairs lead to a large yard at the rear of the property. Each unit has its own covered parking garage. The expenses are low as each unit is separately metered for gas and electricity and has its own water heater. 255 Isabel Street is centrally located in Los Angeles, a short drive from Highland Park, Hollywood and Downtown. While geographically located in Mt. Washington, the property neighbors the up-and-coming Cypress Park. It is poised to capitalize on the tremendous momentum in this unique market.

    Sold by Rich Johns of Kw Commercial Studio City.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-06-01T00:25:50.923. 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/100392531

    255 Isabel Street Los Angeles (City), CA 90065

    • Price: $2,095,000
    • Status: Closed
    • Updated: 35 min ago
    • ID#: 19525228
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.31
    Acres
    1925
    Built
    County:
    Los Angeles
    Property Description
    255 Isabel Street ia a one-of- a-kind 7-unit apartment community located in Mt. Washington (90065). 255 Isabel Street was built in 1925 and consists of seven charming stand-alone bungalow homes. Each one has its own private entrance and exit and a unique outdoor space. The bungalows are large in size and have one bedroom and one bathroom. They sit on a sprawling 13,380 square foot lot, offering plenty of privacy and space for the tenants to enjoy. Stairs lead to a large yard at the rear of the property. Each unit has its own covered parking garage. The expenses are low as each unit is separately metered for gas and electricity and has its own water heater. 255 Isabel Street is centrally located in Los Angeles, a short drive from Highland Park, Hollywood and Downtown. While geographically located in Mt. Washington, the property neighbors the up-and-coming Cypress Park. It is poised to capitalize on the tremendous momentum in this unique market.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Garage Parking YN Yes

    Property Features

    Gross Income 134808.00 Gross Multiplier 15.54 Gross Operating Income 133460.00 Net Operating Income 88530.00 Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0.00 Zoning Lar1

    Listing provided courtesy of Nick Astrupgaard of Kw Commercial Studio City and Rich Johns of Kw Commercial Studio City


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-06-01T00:25:50.923. 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.

     
    The Houston Team | Compass CA DRE#01991628
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    Carlsbad CA, 92009