5633 La Mirada Avenue , Los Angeles, CA - 90038, Los Angeles CA is for sale :

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Dmitry Litvishkov (310)-709-4920

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

Details

Price : $1,599,000

Address : 5633 La Mirada Avenue

City : Los Angeles

State : CA

Area : C20 - Hollywood

Property Type : Residential Income

Sq M : 584 M²

Total Units : 3

CAP rate : $6

Gross Operating Income : $116,880

Net Operating Income : $95,880

MLS# : 24465121

Lot Size (Acres) : 0.1443 ac

Property Description

Los Angeles Home For Sale. ** $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)

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