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4750 W 21st Street

Los Angeles (City), CA 90016
  • $2,345,000
  • STATUS: Active
  • ON SITE: 22 Days
  • ID#: 22180803
$2,345,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Listing Agent(s): Andres Diaz of Keller Williams Downtown La (213-797-7000)


Description

More than half of the units have been completely renovated to include high-end finishes. Four of the six units have been completely remodeled with brand new electrical, plumbing, and mechanical. The renovated units are completely sub-metered for gas, electrical and water resulting in an extremely low expense utility expense which is rare in the Los Angeles market. Due to the extent of the renovations, the expense profile of the property is extremely low, and will allow for strong, immediate cash flow. In addition, ownership has plans to add an ADU to the property which will allow the prospective buyer to immediately capitalize on additional income. Lastly, there are four on-site parking spaces at the subject property.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-12T00:29:53.897. 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 Rogers Realty Group/Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
www.searchsocalrealestate.com/homes/131079298
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4750 W 21st Street Los Angeles (City), CA 90016

  • Price: $2,345,000
  • Status: Active
  • On Site: 22 Days
  • ID#: 22180803
0
Beds
0
Baths
0
½ Baths
0.14
Acres
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - Mid Los Angeles
Property Description
More than half of the units have been completely renovated to include high-end finishes. Four of the six units have been completely remodeled with brand new electrical, plumbing, and mechanical. The renovated units are completely sub-metered for gas, electrical and water resulting in an extremely low expense utility expense which is rare in the Los Angeles market. Due to the extent of the renovations, the expense profile of the property is extremely low, and will allow for strong, immediate cash flow. In addition, ownership has plans to add an ADU to the property which will allow the prospective buyer to immediately capitalize on additional income. Lastly, there are four on-site parking spaces at the subject property.
Exterior Features

Parking Features Driveway Parking Total 4

Interior Features

Appliances DishwasherDisposalMicrowaveDryer Cooling Wall/Window Unit(S) Cooling YN Yes Heating Wall Furnace Heating YN Yes Window Features Double Pane Windows

Property Features

Association Fee 0 Gross Income 164916 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 124135 New Construction YN No Property Condition Updated/Remodeled Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Lard2



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-12T00:29:53.897. 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 Rogers Realty Group/Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
 
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Rogers Realty Group/Berkshire Hathaway HomeServices California Properties
1063 W Sixth Street
Ontario CA, 91762
Listing Agent(s): Andres Diaz of Keller Williams Downtown La (213-797-7000)