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9418 S Central Avenue

Los Angeles (City), CA 90002
  • $1,108,888
  • STATUS: Active
  • ON SITE: 23 Days
  • ID#: RS22092298
$1,108,888
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1987
County:

School Ratings & Info

Listing Agent(s): Isaac Rosales of Executive Bankers Realty (562-869-4717)


Description

RARE OPPORTUNITY TO CAPITALIZE ON SEC 8 PAYMENT STANDARDS. Great investment, property consists of (3) 3bd 1 bath, recently rehabbed, built in 1987. 2 units are currently available to position top market rents, 3rd unit will be available June 1. Payment standard for county of LA is $3231. Possibilities to build additional 2 ADU's - buyer to verify with city.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-28T00:32:21.227. 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/128339365
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9418 S Central Avenue Los Angeles (City), CA 90002

  • Price: $1,108,888
  • Status: Active
  • On Site: 23 Days
  • ID#: RS22092298
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1987
Built
Neighborhood:
C36 - Metropolitan Southwest
County:
Los Angeles
Area:
C36 - Metropolitan Southwest
Property Description
RARE OPPORTUNITY TO CAPITALIZE ON SEC 8 PAYMENT STANDARDS. Great investment, property consists of (3) 3bd 1 bath, recently rehabbed, built in 1987. 2 units are currently available to position top market rents, 3rd unit will be available June 1. Payment standard for county of LA is $3231. Possibilities to build additional 2 ADU's - buyer to verify with city.
Exterior Features

Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 3 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 7.6 Common Interest Community Apartment Community Features Street LightsSidewalks Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 116316 Gross Scheduled Income 116316 Insurance Expense 0 Land Lease YN No Laundry Features None Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional Net Operating Income 84620 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 3 Number Of Units Leased 1 Operating Expense 28206 Property Sub Type Triplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 2606 Trash Expense 0 Vacancy Allowance Rate 3 Water Sewer Expense 0 Water Source Public Zoning Lac2



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-28T00:32:21.227. 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): Isaac Rosales of Executive Bankers Realty (562-869-4717)