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244 W 62nd Street

Los Angeles (City), CA 90003
  • $789,000
  • STATUS: Active
  • ON SITE: 34 Days
  • ID#: AR21241799
$789,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1922
County:

School Ratings & Info

Listing Agent: Robby Moon of Moon Realty and Stmaltzin Torresmalaga of Moon Realty


Description

Amazing opportunity to own this 4 unit property with positive cash flow. All lease agreements in place and proof of payments are in tact. Location is everything and this property is only 10 minutes away from USC and close to the 110 freeway for convenience. Property also has a large gated parking lot to accommodate all tenants. The potential for growth while receiving positive cash flow does not come around often. Take a look now while this investment opportunity is available!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-08T00:26:55.663. 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/123012798
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244 W 62nd Street Los Angeles (City), CA 90003

  • Price: $789,000
  • Status: Active
  • On Site: 34 Days
  • ID#: AR21241799
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1922
Built
Neighborhood:
C34 - Los Angeles Southwest
County:
Los Angeles
Area:
C34 - Los Angeles Southwest
Property Description
Amazing opportunity to own this 4 unit property with positive cash flow. All lease agreements in place and proof of payments are in tact. Location is everything and this property is only 10 minutes away from USC and close to the 110 freeway for convenience. Property also has a large gated parking lot to accommodate all tenants. The potential for growth while receiving positive cash flow does not come around often. Take a look now while this investment opportunity is available!
Exterior Features

Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 2 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features CurbsStreet LightsSidewalks Electric Expense 1498 Fuel Expense 1500 Garage YN No Gross Income 65400 Gross Scheduled Income 65400 Insurance Expense 2600 Land Lease YN No Laundry Features Electric Dryer HookupGas Dryer HookupInside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 51392 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 11008 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 1440 Water Sewer Expense 3970 Water Source Public Zoning Lar2



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-08T00:26:55.663. 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 Agent: Robby Moon of Moon Realty and Stmaltzin Torresmalaga of Moon Realty