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Listed by Jose Leon • Pak Home Realty
$1,599,900
Est. payment /mo
8,732 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 8,732 sqft
Price per Sqft $183
MLS Listing ID CRDW25075677
HOA Y/N No
Year Built 1912
Lot Size 7,832 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
Great Investment Opportunity......fantastic income producing property. This well kept low maintenance 8 Unit apartment building consisting of 6 Units (2 bedrooms, 1 bath) and 2 Units (1 bedroom 1 bath). All remodeled extensively around seven years ago, newer electrical, plumbing, interior and exterior, newer kitchens, bathrooms, tile, carpet, laminate flooring throughout, and much more. The roof on both buildings was replaced around 4 years ago and foundation reinforced. All units have their own water shut off valve and seven of the eight water heaters have been replaced. Rents are currently below market value, allowing upside in rental income for a new buyer with these long term tenants. There is 4 units facing Wesley Ave and the other 4 units facing Hoover St. All separate electrical and gas meters. Nearby destinations include the University of Southern California, LA Memorial Coliseum, BMO Stadium, Exposition Park, Lucas Museum of Narrative Art, Natural History Museum, and California Science Center. For commuters, the 10 and 110 Freeways are minutes away, providing access throughout Greater Los Angeles.
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Tile, Carpet
Fireplace No
Appliance Gas Water Heater
Laundry In Kitchen
Exterior
View Mountain(s), Other
Building
Water Public
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