This 11-unit two story apartment complex, consist of good size units, (1) 2 bedroom + 1 Bath, (5) 1 bedroom + 1 bath and (5) single + 1 bath.… Read More On site parking and on-site laundry facility with additional $3600.00 income. Owner recently completed retrofitting, new paint for the building and newly paved parking spaces. Low maintenance building and easy to maintain. The current rents are low but has great potential for increase in rental income. This apartment complex is conveniently located in the heart of K-Town and mid-Wilshire area, short distance to DTLA, Hollywood, shopping center, market, restaurants and many well-known eateries in K-Town. Walking distances to public transportation and easy access to 10 & 101 FWY. This is a great opportunity for investors as property being R-4 Tier-4 with over 8700 sq. ft. lot. Read Less
Property listed by Ivy Realty Co., Enny E. Chong 213-386-8888
Listing Snapshot
Days Online
101
Last Updated
Property Type
Other
Beds
8
Square Ft.
6,616
Lot Size
0.2 Acres
Year Built
1962
MLS Number
24428865
30 Days Snapshot Of 90006
$727k
+5%
(avg) sold price
2
-33%
homes sold
56
-25%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
GasCooktop, GasOven, Oven, Refrigerator
Building
Built in 1962, Building area total: 6,616, Levels: Two, Living area: 6616, 2 stories, 1 building
Cooling
WallWindowUnits
Heating
WallFurnace
Income
Gross income: $160,440, Net operating income: $100,831
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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