3325 Andrita Street

    Los Angeles (City), CA 90065
    • $4,350,000
    • STATUS: Active
    • ON SITE: 48 days
    • ID#: 19517386
    $4,350,000
    • 0
      BEDS
    • 0.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,040
      SQFT
    • $433
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1991
    County:

    School Ratings & Info

    Description

    *20% potential rent upside versus current market rents*1991 Year Built Construction*Excellent Unit Mix*Recently replaced roof*Controlled Access parking and walk-in entry*Not subject to City of Los Angeles Rent Control OrdinanceThis may be one of the last low hanging fruit value add repositioning opportunities in Los Angeles.*Ample covered ground level parking*Separately metered for gas and electric*Proposed CA Tenant Protection Act Allows Up to 10% Rent increases annually and unlimited increases on vacated units*In regentrifying Glassell Park district of Los Angeles*Leverage the value you may may with low interest rate financing

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-21T00:31:05.453. 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/99589006

    3325 Andrita Street Los Angeles (City), CA 90065

    • Price: $4,350,000
    • Status: Active
    • ID#: 19517386
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.29
    Acres
    10,040
    SQFT
    $433
    $/SQFT
    1991
    Built
    Neighborhood:
    623 - Glassel Park
    County:
    Los Angeles
    Area:
    623 - Glassel Park
    Property Description
    *20% potential rent upside versus current market rents*1991 Year Built Construction*Excellent Unit Mix*Recently replaced roof*Controlled Access parking and walk-in entry*Not subject to City of Los Angeles Rent Control OrdinanceThis may be one of the last low hanging fruit value add repositioning opportunities in Los Angeles.*Ample covered ground level parking*Separately metered for gas and electric*Proposed CA Tenant Protection Act Allows Up to 10% Rent increases annually and unlimited increases on vacated units*In regentrifying Glassell Park district of Los Angeles*Leverage the value you may may with low interest rate financing
    Exterior Features

    Lot Features Sprinklers None Lot Size Source See Remarks Lot Size Units Square Feet

    Interior Features

    Cooling Wall/Window Unit(S) Cooling YN Yes

    Property Features

    Gross Multiplier 16.70 Gross Operating Income 252029.00 Improvements Amount 739371 Land Value 1436492 Net Operating Income 163689.00 Special Listing Conditions Standard Total Expenses 88340.00 Zoning Lard2

    Listing provided courtesy of Carlos A.G. Gonzalez of Dealtrade Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-21T00:31:05.453. 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
    2100 Costa Del Mar
    Carlsbad CA, 92009