822 Sweetzer Avenue , Los Angeles, CA - 90069 is For Sale

  • 23332451
  • 23332451
  • 23332451
  • 23332451
  • 23332451
  • 23332451
  • 23332451
  • 23332451
  • 23332451
  • 23332451
  • 23332451
  • 23332451
  • 23332451
  • 23332451
  • 23332451
  • 23332451
  • 23332451
  • 23332451
  • 23332451
  • 23332451
  • 23332451
  • 23332451
  • 23332451
$2,495,000· Income property

Description

Being sold as a package with the adjacent 4 plex at 822 N Sweetzer. Total Land for both properties is over 16,000 sf. Well maintained 6 unit in Prime Los Angeles Location between Santa Monica Bl. and Melrose Ave. Units are in good shape and have a mix of short and long term tenants. Offering is just over 13 GRM with plenty of upside! Current expenses seem high for this type of building and could be lower with owner operator. Please see Rent Roll and expenses attached to this listing. Seller insists on to selling this building with Adjacent property at 828 N Sweetzer to make a total of 16,080 sf land and will not consider selling buildings separately. Lot is over 8000sf.

Features

MLS#: 23332451
List Price : $2,495,000
Total Units : 6
Gross Operating Income : $182,208
Net Operating Income : $134,049
Sq M : 748 M2
Year Built : 1946
Days on market : 152 Days
Gross taxes : N/A
Address : 822 Sweetzer Avenue
City : Los Angeles
State : CA
Zip Code : 90069
Neighborhood : N/A
Appliances : Refrigerator
Stories : 2
Laundry : Community
Parking Features : Assigned
Sale Type : Standard
 
Property Type : Residential Income
Property Style : Contemporary
Original List Price : $2,495,000
Acres : 0.1848
Lot Dimensions : 50x160
Lot Size (Acres) : 0.1848
Heating : Floor Furnace
Parking Features : Assigned
Flooring : Wood
Driving Directions : West of Crescent Heights between Harper and La Jolla. City of Los Angeles
 
Courtesy of : Richard Klug , Sotheby's International Realty

Location

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