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1409 -1411 West 84th Place

Los Angeles (City), CA 90047
  • $1,195,000
  • STATUS: Active
  • ON SITE: 21 Days
  • ID#: OC22165540
UPDATED: 63 min ago
$1,195,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
2015
County:

School Ratings & Info

Listing Agent(s): Christine Bova of First Team Real Estate (714-536-9292)


Description

Great investment opportunity in Los Angeles near transportation and businesses. Built in 2015, each unit has 5 bedrooms and 3 bathrooms, carpet and tile flooring. Each unit has approximately 1900 square feet of living space and the lot size is a generous 6695 square feet. Rod iron fencing along the front, low maintenance landscape, 3 garages and extra carports in the rear. The bedrooms have mirrored closet doors, blinds and newer carpet. Laundry area inside each unit. The units have been occupied with long term tenants, $6264 rents received monthly. Property is managed by Ocean Properties. Similar units are receiving $7600-8000/month so there is only upside to this investment, but buyer gets the benefit of the lower valuation since it will be sold with the tenants.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-19T09:31:44.967. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Massa & Associates Real Estate Group | eXp California Realty Inc. Licensed in the State of California, USA.
www.itsyourmovesandiego.com/homes/131355418
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1409 -1411 West 84th Place Los Angeles (City), CA 90047

  • Price: $1,195,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 63 min ago
  • ID#: OC22165540
0
Beds
0
Baths
0
½ Baths
0.15
Acres
2015
Built
Neighborhood:
C36 - Metropolitan Southwest
County:
Los Angeles
Area:
C36 - Metropolitan Southwest
Property Description
Great investment opportunity in Los Angeles near transportation and businesses. Built in 2015, each unit has 5 bedrooms and 3 bathrooms, carpet and tile flooring. Each unit has approximately 1900 square feet of living space and the lot size is a generous 6695 square feet. Rod iron fencing along the front, low maintenance landscape, 3 garages and extra carports in the rear. The bedrooms have mirrored closet doors, blinds and newer carpet. Laundry area inside each unit. The units have been occupied with long term tenants, $6264 rents received monthly. Property is managed by Ocean Properties. Similar units are receiving $7600-8000/month so there is only upside to this investment, but buyer gets the benefit of the lower valuation since it will be sold with the tenants.
Exterior Features

Architectural Style Contemporary Carport Spaces 3 Carport YN Yes Construction Materials Stucco Entry Location Front And Side Exterior Features Rain Gutters Fencing Average ConditionWoodWrought Iron Lot Features 0-1 Unit/AcrePavedSprinklers TimerSprinkler System Number Of Separate Electric Meters 2 Parking Features AssignedDoor-MultiDetached CarportGarageGarage Faces Side Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Composition Spa Features None Spa YN No View None View YN No

Interior Features

Appliances DisposalGas OvenGas RangeIce MakerRefrigeratorRange Hood Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring CarpetTile Heating None Heating YN No Interior Features Laminate CountersTile Counters Window Features Blinds

Property Features

Association Fee 0 Association YN No Common Interest None Community Features Street LightsSidewalksUrban Disclosures Rent Control Electric Expense 2000 Garage YN Yes Gross Income 75168 Gross Scheduled Income 75168 Insurance Expense 1900 Land Lease YN No Laundry Features Inside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To Existing LoanCash To New LoanCal Vet Loan1031 Exchange Maintenance Expense 1200 Net Operating Income 60168 New Construction YN No New Taxes Expense 8800 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 2 Operating Expense 15000 Pest Control Expense 420 Pool Expense 0 Possession Close Of Escrow Property Condition Turnkey Property Sub Type Duplex Rent Control YN Yes Security Features Smoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Supplies Expense 0 Tenant Pays None Total Actual Rent 75168 Trash Expense 100 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 100 Water Source Public Zoning Lard2



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-19T09:31:44.967. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Massa & Associates Real Estate Group | eXp California Realty Inc. Licensed in the State of California, USA.
 
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Massa & Associates Real Estate Group | eXp California Realty Inc
848 Prospect St
La Jolla CA, 92037
Listing Agent(s): Christine Bova of First Team Real Estate (714-536-9292)