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1435 W 53rd Street

Los Angeles (City), CA 90062
  • $1,199,888
  • STATUS: Active
  • ON SITE: 12 Days
  • ID#: 21106487
Price Reduced
UPDATED: 117 min ago
$1,199,888
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1930
County:

School Ratings & Info

Listing provided courtesy of Matt Christensen of Harcourts Hunter Mason Realty

Description

6% Cap Rate!! Pro forma rent at $96,600 Approx per year. Come own a piece of history in one of the world's most influential cities, this is a multi-family triplex that was completely renovated and the final product was unveiled this month November 2021. This property contains three separate units, All are considered 2 bedrooms 1 bathroom, with separate meters, fully upgraded appliances, and fixtures throughout. Close proximity to USC and an amazing investment opportunity a true diamond in the rough. Opportunities like this one do not come around very often. Due to the high demand and desirability of this property time is limited.. feel free to schedule a showing with the listing agent this one will not last long!!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-02T21:29:04.5. 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/123417676
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1435 W 53rd Street Los Angeles (City), CA 90062

  • Price: $1,199,888
  • Status: Active
  • On Site: 12 Days
  • Updated: 117 min ago
  • ID#: 21106487
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1930
Built
Neighborhood:
C34 - Los Angeles Southwest
County:
Los Angeles
Area:
C34 - Los Angeles Southwest
Property Description
6% Cap Rate!! Pro forma rent at $96,600 Approx per year. Come own a piece of history in one of the world's most influential cities, this is a multi-family triplex that was completely renovated and the final product was unveiled this month November 2021. This property contains three separate units, All are considered 2 bedrooms 1 bathroom, with separate meters, fully upgraded appliances, and fixtures throughout. Close proximity to USC and an amazing investment opportunity a true diamond in the rough. Opportunities like this one do not come around very often. Due to the high demand and desirability of this property time is limited.. feel free to schedule a showing with the listing agent this one will not last long!!
Exterior Features

Number Of Separate Electric Meters 3 Parking Features AssignedDrivewayGarage Parking Total 7 Pool Features None Pool Private YN No Spa Features None Spa YN No View None View YN No

Interior Features

Appliances DishwasherWasher Interior Features Open FloorplanStorage

Property Features

Association Fee 0 Disclosures Rent Control Garage YN Yes Gross Income 8050 Insurance Expense 1393 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 75909 New Construction YN No New Taxes Expense 14387 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Possession Close Of Escrow Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Trash Expense 2089 Water Sewer Expense 1789 Zoning Lar2



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-02T21:29:04.5. 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 Matt Christensen of Harcourts Hunter Mason Realty