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    239 W 113th Street

    Los Angeles (City), CA 90061
    • $945,000
    • STATUS: Active
    • ON SITE: 11 Days
    • ID#: PW21222587
    UPDATED: 57 min ago
    $945,000
    • 0
      BEDS
    • 0.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    Description

    The subject property consists of six (6) units sitting on an oversized 12,419 SF lot located in the city of Los Angeles. There are three buildings containing two units each. Each unit is a one-bedroom and one-bath apartment independently metered for gas and electric. This property provides a great opportunity for an investor to acquire an asset with considerable future rental upside. The projected market cap rate is 8.49% while the market GRM is 8.08. It has been reported by the seller that tenants have been paying rents on time for the last 24 months. We are pleased to offer 239 W 113th St, Los Angeles, CA 90061 for sale. MLS NOTES: for OM with additional property information > Click the Link "Listing has Supplements" right under the map

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-18T00:25:52.45. 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/122157766
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    239 W 113th Street Los Angeles (City), CA 90061

    • Price: $945,000
    • Status: Active
    • Updated: 57 min ago
    • ID#: PW21222587
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.29
    Acres
    1924
    Built
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    Property Description
    The subject property consists of six (6) units sitting on an oversized 12,419 SF lot located in the city of Los Angeles. There are three buildings containing two units each. Each unit is a one-bedroom and one-bath apartment independently metered for gas and electric. This property provides a great opportunity for an investor to acquire an asset with considerable future rental upside. The projected market cap rate is 8.49% while the market GRM is 8.08. It has been reported by the seller that tenants have been paying rents on time for the last 24 months. We are pleased to offer 239 W 113th St, Los Angeles, CA 90061 for sale. MLS NOTES: for OM with additional property information > Click the Link "Listing has Supplements" right under the map
    Exterior Features

    Number Of Separate Electric Meters 6 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 1 Common Wall

    Property Features

    Additional Parcels YN No Common Interest None Community Features Urban Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 68436 Gross Scheduled Income 68436 Insurance Expense 1307 Land Lease YN No Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Conventional Net Operating Income 35504 New Construction YN No Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Operating Expense 30879 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 1350 Water Sewer Expense 650 Water Source Public Zoning Lar2

    Listing provided courtesy of Alex Colombo of Lyon Stahl Investment Real Est


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-18T00:25:52.45. 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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    The Parsons Team | Keller Williams Realty
    251 S. Lake Ave #150
    Pasadena CA, 91101