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213 E 67th Street

Los Angeles (City), CA 90003
  • $749,000
  • STATUS: Active
  • ON SITE: 9 days
  • ID#: SB21156845
$749,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

Description

213 E 67th St. is a newly remodeled triplex located in South Los Angeles. Built in 1920, this property sits on a 5,402 sqft lot and is comprised of (1) Studio, (1) 1Bd/1Ba and (1) 2Bd/1Ba unit with a large detached garage that has the potential to be converted into an ADU. This turn-key investment is being offered at a CAP rate of 4.5% and purchase price of $749,000. Totally renovated and with professional management in place, this property runs efficiently and makes a great addition to any portfolio.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-26T17:35:13.06. 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/119436469
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213 E 67th Street Los Angeles (City), CA 90003

  • Price: $749,000
  • Status: Active
  • ID#: SB21156845
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1920
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
213 E 67th St. is a newly remodeled triplex located in South Los Angeles. Built in 1920, this property sits on a 5,402 sqft lot and is comprised of (1) Studio, (1) 1Bd/1Ba and (1) 2Bd/1Ba unit with a large detached garage that has the potential to be converted into an ADU. This turn-key investment is being offered at a CAP rate of 4.5% and purchase price of $749,000. Totally renovated and with professional management in place, this property runs efficiently and makes a great addition to any portfolio.
Exterior Features

Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 2 Parking Features Door-MultiGarage Parking Total 2 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls Fireplace Features None Fireplace YN No

Property Features

Additional Parcels YN No Cap Rate 4.45 Common Interest None Community Features Sidewalks Current Financing Conventional Electric Expense 678 Fuel Expense 0 Garage YN Yes Gross Income 51900 Gross Scheduled Income 51900 Insurance Expense 900 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventionalFha Net Operating Income 33330 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 17013 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 51900 Trash Expense 336 Vacancy Allowance 1557 Vacancy Allowance Rate 3 Water Sewer Expense 1591 Water Source Public Zoning Lar2

Listing provided courtesy of John Alden of Alden Pacific Investments, Inc.


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-26T17:35:13.06. 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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