5841 Ernest Avenue

    Los Angeles (City), CA 90034
    • $2,500,000
    • STATUS: Active
    • ON SITE: 79 days
    • ID#: 19504426
    $2,500,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,840
      SQFT
    • $651
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    Description

    Live near the Culver City arts district & generate income at the same time? Located in one of the hottest neighborhoods on the Westside, that is home to some of the best dining, entertainment & shopping, this four-plex offers a prime investment opportunity. Own in a neighborhood known for Second Saturdays where you are invited to explore art galleries, and the Art Walk & Roll Festival that features interactive experiences, live music, food trucks and more. All units are individually metered w/ their own water heaters & laundry hook-ups. Seize this moment to live next to Helms Bakery, Downtown Culver City, The Platform, Ivy Station & so much more.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-17T00:28:38.107. 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/98478691

    5841 Ernest Avenue Los Angeles (City), CA 90034

    • Price: $2,500,000
    • Status: Active
    • ID#: 19504426
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    3,840
    SQFT
    $651
    $/SQFT
    1924
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    Live near the Culver City arts district & generate income at the same time? Located in one of the hottest neighborhoods on the Westside, that is home to some of the best dining, entertainment & shopping, this four-plex offers a prime investment opportunity. Own in a neighborhood known for Second Saturdays where you are invited to explore art galleries, and the Art Walk & Roll Festival that features interactive experiences, live music, food trucks and more. All units are individually metered w/ their own water heaters & laundry hook-ups. Seize this moment to live next to Helms Bakery, Downtown Culver City, The Platform, Ivy Station & so much more.
    Exterior Features

    Lot Size Units Square Feet Parking Features StreetAssigned Parking YN Yes

    Interior Features

    Appliances Disposal Appliances YN Yes Cooling Central AirNone Cooling YN No Laundry Features Gas Dryer Hookup

    Property Features

    Electric Expense 630.00 Garage Income 960.00 Gross Multiplier 15.67 Gross Operating Income 160140.00 Insurance Expense 3092.00 Laundry YN Yes Net Operating Income 122308.00 Other Expense 500.00 Pest Control Expense 250.00 Special Listing Conditions Standard Total Expenses 37832.00 Water Sewer Expense 1150.00 Zoning Lard1.5

    Listing provided courtesy of Adam Rosal of Compass and David Fein of Compass


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-17T00:28:38.107. 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.
     
    Rogers Realty Group/Berkshire Hathaway HomeServices California Properties
    1063 W Sixth Street
    Ontario CA, 91762