5633 La Mirada Avenue , Los Angeles, CA - 90038 is For Sale

  • 24465121
  • 24465121
  • 24465121
  • 24465121
  • 24465121
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  • 24465121
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  • 24465121
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  • 24465121
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  • 24465121
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  • 24465121
  • 24465121
  • 24465121
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$1,599,000· Income property

Description

** $100,000.00 PRICE ADJUSTMENT. NOW WITH SERIOUS PRICE, LOOKING FOR THE SERIOUS BUYER. ** ALL EXPENSES PAID BY TENANTS. LOW MAINTEANCE COST. ** 1031 EXCHANGE BUYERS, LOOK NO FURTHER.** DON'T WAIT!! OPPORTUNITY/LUCK IS FOR THOSE WHO TAKE IT AND TAKE IT FASTER THAN ANYONE ELSE. LEAST EXPENSE BUILDING IN TOWN. Back unit Completely remodeled and permitted. Whopping 4 bedroom 4 bathroom(possibly to turn into 2 units, (one for top and one for bottom for separate tenants) 1838 Sq ft. CURRENTLY PAYING $4,500.00. BRAND NEW STOVE/OVEN, REFRIGERATOR, WASHER/DRYER, DISWASHER, SPLIT UNIT AIR CONDITIONERS, LARGE BACKYARD WITH SAIL CANOPY FOR PRIVACY. Over 6200 SQFT , R3 zoned Tier 3 in Hollywood, The Property consists of a remodeled duplex in the front with ( 3 bedroom/ 1bathroom)(RECENTLY LEASED) + (2 bedroom / 1 bathroom) (PAYING $2,250.00 PER MONTH) units totaling 2,046 Sq Feet expected to generate $5,540 a month. Close proximity to SilverLake , Paramount Pictures, Downtown Los Angeles and Hollywood. please do not disturb the tenants. THIS WILL BE A STABLE CASH FLOW COW FOR THOSE WHO NEED 1031 EXCHANGE, LOW MAINTENANCE COSTS (all utilities, including and not limited to water/sewer is being paid by tenants)

Features

MLS#: 24465121
List Price : $1,599,000
Total Units : 3
CAP rate : $5.64
Gross Operating Income : $116,880
Net Operating Income : $95,880
Sq M : 584 M2
Year Built : 1915
Days on market : 137 Days
Gross taxes : N/A
Address : 5633 La Mirada Avenue
City : Los Angeles
State : CA
Zip Code : 90038
Neighborhood : N/A
Appliances : Dishwasher, Disposal, Microwave, Refrigerator
Laundry : Washer Included, Dryer Included
Parking Features : Assigned
Sale Type : Standard
 
Property Type : Residential Income
Original List Price : $1,599,000
Acres : 0.1443
Lot Size (Acres) : 0.1443
Heating : Combination
Parking Features : Assigned
Interior Features : Ceiling Fan(s)
Driving Directions : North of Santa Monica, South of Fountain, Between Wilton, and St Andrews pl.
 
Courtesy of : Max Lee , Real Broker

Location

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