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940 W 48Th St , 1-4

Los Angeles, CA 90037
  • $1,325,000
  • STATUS: Active
  • ON SITE: 165 Days
  • MLS #: 21-753626
UPDATED: 148 min ago
$1,325,000
  • 10
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,658
    SQFT
  • $362
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1965
County:

School Ratings & Info

Description

Great Investment Opportunity to own 4 Units in Los Angeles. Exterior newly painted. Very impressive well maintained building . The subject property has a great unit mix of (1) 4 Bdrm 2 Ba, (1) 3 Bdrm 1 Ba, (1) 2 Bdrm 1Ba, (1) 1 Bdrm 1Ba. There's Copper plumbing and new electrical panels. Each unit has a separate gas and electrical meter. Updated laundry room with new washer and dryer for tenant use (potential extra income for Owner). Exciting News! Owner will pay Relocation Assistance for one Unit. Funds will be placed in Escrow. The neighborhood and surrounding areas are improving rapidly. Only blocks away from USC Campus, Science Center, Lucas Museum, and BANC of Calif Stadium. Close to DTLA and all activities at LA Live.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-08T23:43:04.307. 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/118762628
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940 W 48Th St , 1-4 Los Angeles, CA 90037

  • Price: $1,325,000
  • Status: Active
  • On Site: 165 Days
  • Updated: 148 min ago
  • MLS #: 21-753626
10
Beds
0
Baths
0
½ Baths
0.13
Acres
3,658
SQFT
$362
$/SQFT
1965
Built
Neighborhood:
Los Angeles Southwest
County:
Los Angeles
Area:
Los Angeles Southwest
Property Description
Great Investment Opportunity to own 4 Units in Los Angeles. Exterior newly painted. Very impressive well maintained building . The subject property has a great unit mix of (1) 4 Bdrm 2 Ba, (1) 3 Bdrm 1 Ba, (1) 2 Bdrm 1Ba, (1) 1 Bdrm 1Ba. There's Copper plumbing and new electrical panels. Each unit has a separate gas and electrical meter. Updated laundry room with new washer and dryer for tenant use (potential extra income for Owner). Exciting News! Owner will pay Relocation Assistance for one Unit. Funds will be placed in Escrow. The neighborhood and surrounding areas are improving rapidly. Only blocks away from USC Campus, Science Center, Lucas Museum, and BANC of Calif Stadium. Close to DTLA and all activities at LA Live.
Exterior Features

Exterior Construction ConcreteStucco Lot Description FencedCurbsExterior Security LightsGutters Lot Size Area 5849 Other Structures None Parking Garage GatedAssigned Patio Features None Paved YN Yes Pool Description None Pool YN No Spa None Spa YN No Sprinklers None Style Contemporary Total Parking 6 View Description None View YN No

Interior Features

Bathroom Features Shower And TubShower Stall Baths Total 5.00 Cooking Appliances None Cooling Ceiling Fan Den No Dining Room No Equipment Garbage DisposalDryerWasher Family Room No Fireplace Rooms None Heating Wall Interior Features Common Walls220V ThroughoutDrywall Walls Laundry Outside Laundry Equipment Own Rooms Breakfast AreaCenter Hall Water Heater Features Gas Windows Bay Window

Property Features

Alley YN No Gross Income 65616 Gross Operating Income 65616 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Monthly Gross Income 5468.00 Net Operating Income 55767.00 Number Of Buildings 1 Number Of Units 4 Owner Pays Other Rent Control YN Yes Sale Type Standard Security Features None Sewer In Street Source Living Area Assessor Source Lot Size Area Assessor Tenant Pays ElectricityGas Total Annual Expense 9849 TVServices Cable Tv Type Of Units Apt Water District Water Heaters YN Yes Year Built Source Assessor Zoning Lard2

Listing provided courtesy of Sharlene Mosley DRE#00825700 of Briarwood Realty Co..


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-08T23:43:04.307. 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
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