"Owner-User Three Bedroom Unit Vacant Available or Hurry Investors!" View video! First time on the market in several years, this five-unit residential property features a three-bedroom single family home plus a four-unit building. The apartment building is a two-story building consisting of four (4) one bedroom one bath… Read More units. The single-family home consists of three-bedroom one bath unit. This three-bedroom unit is currently vacant. Long term tenancy may explain the rents, however, there exists a very lucrative upside soon for the astute investor. Interior inspection only upon an accepted offer. Drive by only. DO NOT DISTRUB TENANTS! Centrally located within minutes of the 110 and 10 Freeways, this location provides access to major shopping areas in midtown Los Angeles, minutes from West Los Angeles and Beverly Hills. Near by educational opportunities abound with University of Southern California, Los Angeles City College, with minutes away with all the cultural opportunities afforded to the greater Los Angeles area, The Hollywood Bowl, the Disney Concert Hall and many more. Property is sold in "its current present condition." Buyer to rely solely on Buyer's independent investigations. Drive by only. Upon an accepted offer, Buyer shall have the right to inspect the property at Buyer's expense and rely solely on buyer's inspections and investigations. Property is sold for All Cash, or Cash to New Loan. The seller shall select all services, including escrow, title services and pest control services, if applicable. Please contact listing agents for more information. The seller shall participate in a 1031 exchange as a result of this transaction. Seller requests Buyer's cooperation in such exchange and agrees to hold Buyer harmless from all claims, liabilities, or delays in time resulting from such an exchange. Buyer agrees to an assignment of this contract to a qualified intermediary by the Seller. Read Less
Property listed by Realty Executives Westside, Luther Henderson 310-737-1992
Listing Snapshot
Days Online
126
Last Updated
Beds
7
3/4 Baths
5
Square Ft.
4,846
Lot Size
0.12 Acres
Year Built
1907
MLS Number
26849515
Additional Details
Building
Built in 1907, Living area: 4846.0, 2 buildings, 2 stories, Levels: Two
Cooling
None
Disclosures
TrustConservatorship
Heating
WallFurnace
Income
Gross Income: $4,339, Net Operating Income: $52,068
Lot
0.1194 acres, Dimensions: 40x130
Parking
Covered, OnStreet
Taxes
Parcel Number: 5053006012, Zoning: LAR1
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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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