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700 W 41ST Street

Los Angeles (City), CA 90037
  • $890,000
  • STATUS: Active
  • ON SITE: 31 Days
  • ID#: 22146433
UPDATED: 46 min ago
$890,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1927
County:

School Ratings & Info

Listing Agent(s): Andres Epps of Haven Homes Realty (310-433-7777)


Description

Attention Investors. Don't miss this opportunity to own a well maintained income unit walking distance from the LA Coliseum, Exposition Park and the California Science Center. NET INCOME $48,528. The units require very little maintenance and have a high rental potential. With a few cosmetic upgrades this building would look brand new. There are separate meters for gas and electricity and water. The owner pays for water only. Very close to shops, restaurants, and public transportation and is minutes from , Grand Central Market, USC, Staples Center, Dodger Stadium. It's close proximity to the Coliseum provides a great opportunity to get into a potentially high income producing building before the 2028 Summer Olympics come to Los Angeles. Please do not disturb the tenants. All offers are subject to interior inspection. Property is being sold with tenants in place. Current Tenants are Section 8. Large Lot Size. Plenty of room to build another unit in rear. Interior Pictures Coming soon. Please do not disturb tenants.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-12T16:37:00.507. 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/130790661
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700 W 41ST Street Los Angeles (City), CA 90037

  • Price: $890,000
  • Status: Active
  • On Site: 31 Days
  • Updated: 46 min ago
  • ID#: 22146433
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1927
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
Attention Investors. Don't miss this opportunity to own a well maintained income unit walking distance from the LA Coliseum, Exposition Park and the California Science Center. NET INCOME $48,528. The units require very little maintenance and have a high rental potential. With a few cosmetic upgrades this building would look brand new. There are separate meters for gas and electricity and water. The owner pays for water only. Very close to shops, restaurants, and public transportation and is minutes from , Grand Central Market, USC, Staples Center, Dodger Stadium. It's close proximity to the Coliseum provides a great opportunity to get into a potentially high income producing building before the 2028 Summer Olympics come to Los Angeles. Please do not disturb the tenants. All offers are subject to interior inspection. Property is being sold with tenants in place. Current Tenants are Section 8. Large Lot Size. Plenty of room to build another unit in rear. Interior Pictures Coming soon. Please do not disturb tenants.
Exterior Features

Direction Faces North Entry Location Ground Level W/Steps Parking Features Driveway Parking Total 4 Pool Features None Pool Private YN No Spa Features None Spa YN No View None View YN No

Interior Features

Cooling None Cooling YN No Heating Floor Furnace Heating YN Yes Interior Features Ceiling Fan(S)

Property Features

Association Fee 0 Buyer Financing Cash Gross Income 50928 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 48528 New Construction YN No Property Condition Repairs Cosmetic Security Features Window Bars Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Lard1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-12T16:37:00.507. 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.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_369314385-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_369314385-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_369314385-1.jpg
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Rogers Realty Group/Berkshire Hathaway HomeServices California Properties
1063 W Sixth Street
Ontario CA, 91762
Listing Agent(s): Andres Epps of Haven Homes Realty (310-433-7777)