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    150 S Alvarado Street

    Los Angeles (City), CA 90057
    • $1,680,000
    • STATUS: Active
    • ON SITE: 10 Days
    • ID#: WS21225916
    UPDATED: 60 min ago
    $1,680,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1954
    County:

    School Ratings & Info

    Description

    This two-story apartment has 10 units, each with 1 bedroom and 1 bath. Building Size totals 6,536 sqft; Built in 1954; Lot Size totals 6,388 sqft; Zoning is LAC2. Access either from Alvarado St or Mountain View Ave. Each unit is separately metered for gas and electricity.Conveniently located in City of Los Angeles, close to Fwy 101, Fwy 110 and Fwy 10. 100% occupied, This Apartment is 100% occupied, mostly long time tenants, Rents are significantly below market. This is a value-added property with upside potential.Drive by only. Please do not disturb tenants. Offer Subject to Inspection. Offer deadline: 5:00PM, Monday, 10/18/2021.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-23T00:28:10.14. 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 Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
    www.theparsonsrealestateteam.com/homes/122291705
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    150 S Alvarado Street Los Angeles (City), CA 90057

    • Price: $1,680,000
    • Status: Active
    • Updated: 60 min ago
    • ID#: WS21225916
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1954
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    This two-story apartment has 10 units, each with 1 bedroom and 1 bath. Building Size totals 6,536 sqft; Built in 1954; Lot Size totals 6,388 sqft; Zoning is LAC2. Access either from Alvarado St or Mountain View Ave. Each unit is separately metered for gas and electricity.Conveniently located in City of Los Angeles, close to Fwy 101, Fwy 110 and Fwy 10. 100% occupied, This Apartment is 100% occupied, mostly long time tenants, Rents are significantly below market. This is a value-added property with upside potential.Drive by only. Please do not disturb tenants. Offer Subject to Inspection. Offer deadline: 5:00PM, Monday, 10/18/2021.
    Exterior Features

    Entry Location Alvarado Or Mountain View Lot Features 11-15 Units/Acre Number Of Separate Electric Meters 10 Parking Total 8 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 2+ Common Walls

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Common Interest Community Apartment Community Features CurbsSidewalks Electric Expense 910 Fuel Expense 1431 Garage YN Yes Gross Income 90684 Gross Scheduled Income 89990 Insurance Expense 7812 Land Lease YN No Laundry Features None Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Maintenance Expense 8358 Net Operating Income 48045 New Construction YN No New Taxes Expense 17920 Number Of Separate Gas Meters 10 Number Of Separate Water Meters 1 Number Of Units Leased 10 Operating Expense 41945 Other Expense 660 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Unknown Special Listing Conditions Probate Listing Total Actual Rent 7557 Trash Expense 0 Water Sewer Expense 7347 Water Source Public Zoning Lac2

    Listing provided courtesy of Dorothy Sun of Irn Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-23T00:28:10.14. 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 Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
     
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