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4728 York Boulevard

Los Angeles (City), CA 90042
  • $3,999,888
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: TR22072572
UPDATED: 51 min ago
$3,999,888
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1962
County:

School Ratings & Info

Listing Agent(s): Marina Ramirez-Lopez of Century 21 Prime Time Realtors (909-399-1172)


Description

This is a PERFECT INVESTMENT in a prime area of Los Angeles. This is YOUR OPPORTUNITY to own a piece of residential income property. It gets even better, there is a wonderful opportunity to EXPAND. The sale of this property is being sold in conjunction with the vacant lot next door APN:5474-017-016, Property Use: Commercial - Vacant Land, Zoning: LAC4. This is PRIME REAL ESTATE! The rents are low for this market. The property is centrally located with easy access to parks and trails of the Arroyo Seco, along with trendy restaurants of Pasadena and Highland Park as well as 110 Freeway to Downtown LA. The zoning for this property is LAC4. Offers subject to interior inspection once offer is accepted. Buyers/Investors to do their own investigation on the information submitted. This is a HIGH demand rental area. Gold line Metro Station is nearby. Great potential for investors or developers. Lots of newer homes are built or under construction in nearby area. Owners will not evict any tenants and will deliver the property in its "as-is" conditions with tenants. Rush before it is too late! Upstairs tenant 7-8 years, the bottom unit 10+years.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-19T22:30:37.01. 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/128246203
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4728 York Boulevard Los Angeles (City), CA 90042

  • Price: $3,999,888
  • Status: Active
  • On Site: 17 Days
  • Updated: 51 min ago
  • ID#: TR22072572
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1962
Built
Neighborhood:
632 - Highland Park
County:
Los Angeles
Area:
632 - Highland Park
Property Description
This is a PERFECT INVESTMENT in a prime area of Los Angeles. This is YOUR OPPORTUNITY to own a piece of residential income property. It gets even better, there is a wonderful opportunity to EXPAND. The sale of this property is being sold in conjunction with the vacant lot next door APN:5474-017-016, Property Use: Commercial - Vacant Land, Zoning: LAC4. This is PRIME REAL ESTATE! The rents are low for this market. The property is centrally located with easy access to parks and trails of the Arroyo Seco, along with trendy restaurants of Pasadena and Highland Park as well as 110 Freeway to Downtown LA. The zoning for this property is LAC4. Offers subject to interior inspection once offer is accepted. Buyers/Investors to do their own investigation on the information submitted. This is a HIGH demand rental area. Gold line Metro Station is nearby. Great potential for investors or developers. Lots of newer homes are built or under construction in nearby area. Owners will not evict any tenants and will deliver the property in its "as-is" conditions with tenants. Rush before it is too late! Upstairs tenant 7-8 years, the bottom unit 10+years.
Exterior Features

Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 2 Open Parking Spaces 2 Parking Features Assigned Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls Fireplace Features GasLiving Room Fireplace YN Yes

Property Features

Additional Parcels YN Yes Common Interest None Community Features BikingCurbsParkStreet LightsSidewalks Contingency Submit Your Offer Subject To inspection. Offers Must Be At Asking in Order To Gain Access. Don't Waste Your Time With A Call. Only Serious investors. Current Financing None Garage YN Yes Gross Income 1200 Gross Scheduled Income 32400 Insurance Expense 1100 Land Lease YN No Laundry Features See Remarks Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventionalSubmit Net Operating Income 27500 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 4900 Other Expense 2500 Property Sub Type Duplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGasTelephone Total Actual Rent 2700 Trash Expense 0 Water Sewer Expense 2400 Water Source Public Zoning Lac4



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-19T22:30:37.01. 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): Marina Ramirez-Lopez of Century 21 Prime Time Realtors (909-399-1172)