1837 S Redondo Boulevard

    Los Angeles (City), CA 90019
    • $4,777,200
    • STATUS: Closed
    • ON SITE: 137 days
    • ID#: 18311218
    Sold - 05/02/2018
    $4,777,200
    SOLD - 05/02/2018
    • 0
      BEDS
    • 0.35
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,155
      SQFT
    • $393
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:

    School Ratings & Info

    Description

    1837 and 1841 South Redondo Boulevard is a 16-unit two-story garden-style apartment community near Miracle Mile in Los Angeles, California. Built in 1950, the property consists of two buildings with an attractive mix of 10 one-bedroom units and six two-bedroom units. This courtyard-style property features a newly renovated exterior; new roof coating with 12-year warranty; on-site laundry (9 units have in-unit washer/dryer); and tankless water heaters. The property is separately metered for gas and electricity. Out of the 16 units, six have undergone a complete renovation and seven have had partial renovations. Many of the units have upgraded electricity and plumbing (13 units).Rents Shown are AVERAGES; Offering Memorandum and Rent Roll is Posted on Property Website (see Private Remarks). Considering offers on a rolling basis.

    Sold by Subscriber Non of Non-Participant Office.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-25T00:27:11.463. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.themarellygroup.com/homes/80603176

    1837 S Redondo Boulevard Los Angeles (City), CA 90019

    • Price: $4,795,000
    • Status: Closed
    • Updated: 31 min ago
    • ID#: 18311218
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.35
    Acres
    12,155
    SQFT
    $393
    $/SQFT
    1950
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    1837 and 1841 South Redondo Boulevard is a 16-unit two-story garden-style apartment community near Miracle Mile in Los Angeles, California. Built in 1950, the property consists of two buildings with an attractive mix of 10 one-bedroom units and six two-bedroom units. This courtyard-style property features a newly renovated exterior; new roof coating with 12-year warranty; on-site laundry (9 units have in-unit washer/dryer); and tankless water heaters. The property is separately metered for gas and electricity. Out of the 16 units, six have undergone a complete renovation and seven have had partial renovations. Many of the units have upgraded electricity and plumbing (13 units).Rents Shown are AVERAGES; Offering Memorandum and Rent Roll is Posted on Property Website (see Private Remarks). Considering offers on a rolling basis.
    Exterior Features

    Lot Size Source See Remarks Lot Size Units Square Feet Parking Features CarportUncovered Parking YN Yes

    Interior Features

    Appliances RefrigeratorDishwasher Appliances YN Yes Cooling See Remarks Cooling YN Yes Laundry Features Washer IncludedDryer Included

    Property Features

    Cap Rate 4.30 Gross Multiplier 14.30 Gross Operating Income 324780.00 Improvements Amount 432900 Land Value 808082 Laundry YN Yes Net Operating Income 204174.00 Special Listing Conditions Standard Total Expenses 120606.00 Zoning Lard1.5

    Listing provided courtesy of Adrienne Barr of Berkadia.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-25T00:27:11.463. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003