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    4070 S San Pedro Street

    Los Angeles (City), CA 90011
    • $1,189,000
    • STATUS: Active
    • ON SITE: 22 Days
    • ID#: SR21220884
    $1,189,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:

    School Ratings & Info

    Description

    5 unit building bringing in current cap rate of 6.5%, with market cap rate of almost 8%. 3 units WILL BE DELIEVERED VACANT!!! (3) 1bedroom1 bath residential units and 2 commercial front units. 2 VACANT RESIDENTIAL UNITS, SECTION 8 APRROVED FOR RENT OF $1769, IF NEW OWNER WOULD LIKE TO FILL. 1 of the residential have been fully renovated, along with 1 of the stores in the front has been remodeled . This is a great INCOME GENERATING PROPERTY!! READY TO GO WITH 3 VACANT UNITS. Entire building electrical HAS BEEN UPDATED, ENTIRE BUILDING PLUMBING HAS BEEN UPDATED ( 7 years old only )! Building is super close to usc.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-28T00:27:02.387. 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/122087408
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    4070 S San Pedro Street Los Angeles (City), CA 90011

    • Price: $1,189,000
    • Status: Active
    • ID#: SR21220884
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    1920
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    5 unit building bringing in current cap rate of 6.5%, with market cap rate of almost 8%. 3 units WILL BE DELIEVERED VACANT!!! (3) 1bedroom1 bath residential units and 2 commercial front units. 2 VACANT RESIDENTIAL UNITS, SECTION 8 APRROVED FOR RENT OF $1769, IF NEW OWNER WOULD LIKE TO FILL. 1 of the residential have been fully renovated, along with 1 of the stores in the front has been remodeled . This is a great INCOME GENERATING PROPERTY!! READY TO GO WITH 3 VACANT UNITS. Entire building electrical HAS BEEN UPDATED, ENTIRE BUILDING PLUMBING HAS BEEN UPDATED ( 7 years old only )! Building is super close to usc.
    Exterior Features

    Lot Features 2-5 Units/Acre 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 Curbs Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 60000 Gross Scheduled Income 60048 Insurance Expense 1500 Land Lease YN No Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Net Operating Income 0 New Construction YN No New Taxes Expense 0 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 0 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 500 Water Source Public Zoning Lac2

    Listing provided courtesy of Tanya Barkhordar of Shans International Realty Brokerage


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-28T00:27:02.387. 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