WHERE CAN YOU FIND AMPLE PARKING SPACES FOR ALL OF YOUR TENANTS IN LOS ANGELES? YES, YOU FOUND IT!! THIS IS THE PLACE!! IF YOU KNOW WHAT CURRENT TENANTS NEED, YOU WILL MAKE A FORTUNE AND MAKE A GREAT DECISION AS WELL!! EACH UNIT GETS 3… Read More PARKING SPACES, TOTAL OF 12 PARKING SPACES ON A CORNER LOT. CONVENIENT ACCESS TO FREEWAY 10 SPANING SANTA MONICA BEACH TO DOWNTOWN LOS ANGELES. THIS APARTMENT COMES WITH A CONVENIENT STORE JUST ACROSS THE STREET BUT ALSO A QUIET NEIGHBORHOOD STREET(THE CONVENIENT STORE IS NOT INCLUDED IN THIS SALE PRICE AND NOT AFFILIATED WITH EACH OTHER.) BONUS: NOT A RENT CONTROLLED BUILDING. 12 BEDROOMS WITH EN-SUITE 14 BATHROOMS, PERFECT FOR TODAY'S RENTAL MARKET/TENANTS. IF YOU SATISFY THE TENANTS/CUSTOMERS, THE MONEY WILL NEVER DRY UP. EASY TO GET IN & OUT FOR THE TENANTS AS WELL. ALL OF THE UNITS ARE SINGLE-FLOORED UNITS. OTHER BUILDINGS YOU SEE NOW-A-DAYS, YOU WILL SEE TYPICAL 3 STORIED BUILDINGS YOU SEE IN TODAY'S MARKET. WHEN YOU ARE 6 YEARS OLD, THAT MIGHT BE FUN, BUT NOT IN TODAY'S RENTAL MARKET. WITH LOWERED INTEREST RATES IT'S PERFECT TIME TO OWN YOUR OWN INCOME PRODUCING PASSIVE INCOME. LIVE IN ONE AND RENT THE OTHERS FOR STABLE INCOME. AMAZING PROPERTY TO OWN. 1031 EXCHANGE BUYERS COME AND COME ALL. ONE UNIT CAN BE DELIVERED VACANT AT COE. PLEASE DO NOT DISTURB THE TENANTS. HERE IS EXTRA SPECIAL ABOUT THIS PROPERTY: TENANTS PAY ALL UNITILITIES, INCLUDING NOT LIMITED TO WATER/SEWER, ELECTRICITY, GAS, TRASH, RENTER'S INSURANCE, INTERNET USE. *2nd Floor units have extra 1/2 bathrooms so total of 14 bathrooms as mentioend above. Read Less
Property listed by Real Broker, Max Lee 619-663-8680
Listing Snapshot
Days Online
31
Last Updated
Property Type
Other
Beds
16
Square Ft.
6,660
Lot Size
0.16 Acres
Year Built
2021
MLS Number
24452509
30 Days Snapshot Of 90019
$1,484k
+7%
(avg) sold price
6
-62%
homes sold
83
+20%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher, Disposal, Refrigerator, Dryer, Washer
Building
Built in 2021, Building area total: 6,660, Levels: One, Living area: 6660, 1 story, 2 buildings, Architectural style: Modern
Cooling
CentralAir
Expenses
Electric expense: $753, Other expense: $15,999
Floors
Laminate, Tile
Heating
Central
Income
Gross income: $227,400, Net operating income: $175,923
Lot
0.1599 acres, 6,966 square feet, Size: 6,966
Parking
11 open parking spaces, 12 totals parking, Assigned, Gated
Property
Zoning: LARD1.5, CityLights, Hills
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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