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1232 S Indiana Street

East Los Angeles, CA 90023
  • $699,000
  • STATUS: Active
  • ON SITE: 189 Days
  • ID#: AR21108519
UPDATED: 54 min ago
$699,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1929
County:

School Ratings & Info

Listing provided courtesy of James Kuang of Standard Prosperity

Description

**MAKE YOUR BEST OFFER | ALL OFFERS CONSIDERED** This HIGHLY sought after 3 unit multi-family opportunity in East LA (LA County, not City) is now accepting offers. Seller has opened the door because Seller is consolidating their portfolio closer to where Seller resides, thus allowing more efficient management. This opportunity consists of 3 units, (one) 2bd/1ba unit and (two) 1bd/1ba units. The front building is 2 stories with the (two) 1bd/ba units and the rear single story structure is the 2bd/1ba unit. There are 2 parking spaces for each unit and room to create storage space, all of which can add additional income that is not rent control applicable. Property is located conveniently for easy access to the 5fwy and only 10 minutes to DTLA. Property is very close to Olympic Blvd for easy access to life necessities, nearby industrial centers and rail yards, thus making this location a prime spot for employment and economic activity. Overall, you can expect long term stability with many strong factors in place for peace of mind.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-11-26T17:26:27.237. 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 Marelly Group | Sentry Residential. Licensed in the State of California, USA.
www.themarellygroup.com/homes/117433561
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1232 S Indiana Street East Los Angeles, CA 90023

  • Price: $699,000
  • Status: Active
  • On Site: 189 Days
  • Updated: 54 min ago
  • ID#: AR21108519
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1929
Built
Neighborhood:
ELA - East Los Angeles
County:
Los Angeles
Area:
ELA - East Los Angeles
Property Description
**MAKE YOUR BEST OFFER | ALL OFFERS CONSIDERED** This HIGHLY sought after 3 unit multi-family opportunity in East LA (LA County, not City) is now accepting offers. Seller has opened the door because Seller is consolidating their portfolio closer to where Seller resides, thus allowing more efficient management. This opportunity consists of 3 units, (one) 2bd/1ba unit and (two) 1bd/1ba units. The front building is 2 stories with the (two) 1bd/ba units and the rear single story structure is the 2bd/1ba unit. There are 2 parking spaces for each unit and room to create storage space, all of which can add additional income that is not rent control applicable. Property is located conveniently for easy access to the 5fwy and only 10 minutes to DTLA. Property is very close to Olympic Blvd for easy access to life necessities, nearby industrial centers and rail yards, thus making this location a prime spot for employment and economic activity. Overall, you can expect long term stability with many strong factors in place for peace of mind.
Exterior Features

Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 3 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 Suburban Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 36360 Gross Scheduled Income 36360 Insurance Expense 1300 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Conventional Net Operating Income 24090 New Construction YN No New Taxes Expense 0 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 12270 Rent Control YN Yes Senior Community YN No Sewer Unknown Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 1800 Water Source Other Zoning R3



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-11-26T17:26:27.237. 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 Marelly Group | Sentry Residential. Licensed in the State of California, USA.
 
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The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003
Listing provided courtesy of James Kuang of Standard Prosperity