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Josh Gregorio

josh.gregoriorealestategroup@gmail.com +1(661) 447-5111

$ 1,125,000

Est. payment | -/mo

12 Beds

7 Baths

6,460 SqFt

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$ 1,125,000

Est. payment | -/mo

Save

12 Beds

7 Baths

6,460 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 6,460 sqft

Price per Sqft $174

MLS Listing ID 26982531

Bedrooms 12

HOA Y/N No

Year Built 1929

Lot Size 5,148 Sqft

Property Description

Investor' s Prime location, just minutes away from Downtown LA, USC, BMO Stadium, George Lucas' Billion Dollar Museum, Thomas Jefferson High School and Exposition Park, where the 2028 Olympics will be held! The property consists of 7 large UNITS / 2 two story buildings , with an attractive combination of existing income and long-term upside, a great unit mix consisting of (4) 2 Bed / 1 Bath, (3) 1 Bed / 1 Bath units. Excellent in-place cash flow on day one, with the benefit of an additional of 35% upside in rents. POSITIVE cash on cash return with current rents. ESTIMATED 7.36 % cap rate, 9.21GRM. Electric and Gas utilities for both buildings are separately metered. Inside with an accepted offer. Fully occupied building , do not disturb tenants . call agent for ore information and Make an offer on the car form RIPA.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LARD2

Interior

Interior Features Ceiling Fan(s)

Heating Natural Gas, Space Heater, Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet

Fireplace No

Appliance Oven, Refrigerator, Dryer, Washer

Exterior

Parking Features None

Building

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5116003001

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Marc Chorin ZARA Equity Corp. #01143383

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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(661) 447-5111

josh.gregoriorealestategroup@gmail.com

3400 Calloway Dr Suite 700, Bakersfield, California 93312, USA

4222 Hooper AVE Los Angeles, CA 90011

Josh Gregorio

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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4222 Hooper AVE