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    4371 S St Andrews Pl

    Los Angeles, CA 90062
    • $699,000
    • STATUS: Active
    • ON SITE: 95 days
    • MLS #: 21-702260
    UPDATED: 41 min ago
    $699,000
    • 6
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,544
      SQFT
    • $453
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:

    School Ratings & Info

    Description

    We are pleased to present this two unit investment opportunity in South Los Angeles. The units are ideally located near the intersection of Western and Vernon, providing direct access to public transportation and job centers in DTLA and Leimert Park. The complex consists of a 4 Bedroom 1 Bath house with an updated 2 Bedroom 1 Bath unit in the rear. The front house is currently producing $2,750 per month and the rear unit is currently vacant, but Seller is considering rental applicants. There are separate meters for gas and electricity to keep monthly expenses low. Buyer and buyer's agent to check with the City and rely on their own findings regarding bedroom-bathroom count, square footage, zoning and permitted and non-permitted rooms and usage. Great opportunity for the small, first time investor and the local developer. Please do not walk on property and please do not disturb tenants in any way. All offers to be made subject to inspection.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-12T22:42:48.703. 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.
    www.markwiseproperties.com/homes/114876781
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    4371 S St Andrews Pl Los Angeles, CA 90062

    • Price: $699,000
    • Status: Active
    • Updated: 41 min ago
    • MLS #: 21-702260
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1,544
    SQFT
    $453
    $/SQFT
    1920
    Built
    Neighborhood:
    Park Hills Heights
    County:
    Los Angeles
    Area:
    Park Hills Heights
    Property Description
    We are pleased to present this two unit investment opportunity in South Los Angeles. The units are ideally located near the intersection of Western and Vernon, providing direct access to public transportation and job centers in DTLA and Leimert Park. The complex consists of a 4 Bedroom 1 Bath house with an updated 2 Bedroom 1 Bath unit in the rear. The front house is currently producing $2,750 per month and the rear unit is currently vacant, but Seller is considering rental applicants. There are separate meters for gas and electricity to keep monthly expenses low. Buyer and buyer's agent to check with the City and rely on their own findings regarding bedroom-bathroom count, square footage, zoning and permitted and non-permitted rooms and usage. Great opportunity for the small, first time investor and the local developer. Please do not walk on property and please do not disturb tenants in any way. All offers to be made subject to inspection.
    Exterior Features

    Lot Description Alley PavedSidewalksCurbsSingle Lot Lot Location Corner Lot Lot Size Area 6255 Other Structures None Parking Garage Garage - 1 Car Paved YN Yes Style Contemporary Total Parking 1

    Interior Features

    Baths Total 2.00 Cooling None Equipment None Flooring Mixed Heating Wall

    Property Features

    Alley YN Yes Assessed Total Value 218901 Gross Income 60000 Gross Operating Income 60000 Like Units1 1 Like Units2 1 Net Operating Income 42000.00 Number Of Buildings 1 Number Of Units 2 Rent Control YN Yes Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 18000 Type Of Units Duplex Year Built Source Vendor Enhanced Zoning Lar4

    Listing provided courtesy of Jerome McAlpin DRE#00939725 of Mcalpin & Company.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-12T22:42:48.703. 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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    Mark Wise | Bennion Deville Homes
    71691 Highway 111
    Rancho Mirage CA, 92270