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9301 S Western Avenue

Los Angeles (City), CA 90047
  • $870,000
  • STATUS: Pending
  • ON SITE: 25 Days
  • ID#: PW22160370
Pending
UPDATED: 23 min ago
$870,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1943
County:

School Ratings & Info

Listing Agent(s): Boris Almengor of Exp Realty Of California Inc (888-584-9427)


Description

We are pleased to present the opportunity to acquire 9301 South Western Avenue, a four-unit apartment complex in Los Angeles. The property sits on a 5,702 square foot parcel with 2,560 square feet of rentable space. Built in 1943, 9301 S. Western Ave. is comprised of individual bungalow style units consisting of (4) Two Bedroom/One Bathroom units. The gas and electricity are both individually metered. The building offers tenants with (4) parking spaces and qualifies for favorable residential financing. This property provides an astute investor a unique value-add opportunity with plenty of upside in rents.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-16T18:40:19.19. 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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9301 S Western Avenue Los Angeles (City), CA 90047

  • Price: $870,000
  • Status: Pending
  • On Site: 25 Days
  • Updated: 23 min ago
  • ID#: PW22160370
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1943
Built
Neighborhood:
C36 - Metropolitan Southwest
County:
Los Angeles
Area:
C36 - Metropolitan Southwest
Property Description
We are pleased to present the opportunity to acquire 9301 South Western Avenue, a four-unit apartment complex in Los Angeles. The property sits on a 5,702 square foot parcel with 2,560 square feet of rentable space. Built in 1943, 9301 S. Western Ave. is comprised of individual bungalow style units consisting of (4) Two Bedroom/One Bathroom units. The gas and electricity are both individually metered. The building offers tenants with (4) parking spaces and qualifies for favorable residential financing. This property provides an astute investor a unique value-add opportunity with plenty of upside in rents.
Exterior Features

Architectural Style Bungalow Direction Faces East Fencing Wire Foundation Details Pillar/Post/Pier Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 4 Parking Features Assigned Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No Roof Shingle

Interior Features

Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Common Interest None Community Features BikingCurbsSidewalks Contingency None Current Financing Fha Disclosures Rent Control Garage YN No Gross Income 67464 Gross Scheduled Income 67464 Insurance Expense 1440 Land Lease YN No Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To Existing LoanCash To New LoanConventionalFha Net Operating Income 62644 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 4800 Possession Close Of Escrow Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 5622 Trash Expense 0 Utilities Electricity ConnectedNatural Gas ConnectedSewer Connected Water Sewer Expense 4200 Water Source Public Zoning Lard1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-16T18:40:19.19. 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): Boris Almengor of Exp Realty Of California Inc (888-584-9427)