Excellent Opportunity for those investors looking for a nice building build in 1989. Each unit consists of 2BD/1Bth, Units have been well maintained, The complex has its own Washer and dryer for tenant convenience and each unit has 2 carports. You have to see it to appreciate the potential and its future value. Currently some units are being built next to them which will increase future value. Owner has never had vacancies. Bring your 1031 Exchange clients theyll love it.
Multi-familyProperty Type
1989Year Built
10,100 sq ftLot Size
$166Price/Sq.Ft.
12 spacesParking
Listed by Ricardo Arias•DRE #01275626• Century 21 A Better Service
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
12
Baths
6
Stories
—
Lot width
—
Lot depth
—
Lot size
10,100
Year renovated
—
Sq. Ft.
4,946
Year built
1989
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
6194027019
Parking Spaces
12
Basement
No
Accessible
No
HOA Dues
—
Garage
No
Features
—
Last updated by owner on Dec 5, 2022.
R3
Multi-Family Residential District
The residential high density designation allows multi-family developments of apartments, condominiums, and single-family attached units. Town homes, stacked flats, apartments, and multi-story senior housing is permitted. This designation is designed to serve as a transition from single-family to commercial and industrial land uses. Locations should be on major arterials and near bus routes, and within close proximity to shopping and employment centers. Densities may range up to 18 units per gross acre. Maximum of 1 unit per 2,420 sq ft of gross property area.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Senior
Housing-Other
Housing-Mobile home park
Property details
Parking
Parking / Garage Information
# of Carport Spaces: 12
Carport
# of Parking Spaces: 12
Interior
Laundry Information
Community
Flooring Information
Tile
Heating Information
Natural Gas
Has Heating
Interior Features
Levels: Two
Expenses
Trash: $1,368
Insurance: $1,200
Water Sewer: $3,600
Electric: $600
New Taxes: $5,805
Multi-Unit Information
# of Units With Patio: 1
# of Units With Disposal: 6
# of Units With Carpet: 6
Net Operating Income: $51,972
Average 2 Bed Area: 825
Total Building Area: 4,946
Gross Scheduled Income: $69,300
Gross Multiplier: 11.69
Gross Income: $5,435
Laundry Equipment Own or Lease: Lease
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 6
# Of Separate Electric Meters: 6
# Of Buildings: 3
Vacancy Allowance: 0
Exterior
Exterior Information
Roof: See Remarks
Lot Information
Lot Size Source: Assessor's Data
Property Information
Total # of Units: 6
Parcel Number: 6194027019
Financial
Lease / Rental Details
Land Lease
Operating Expense: $17,328
Other Expense Description: 0
Tenant Pays: Cable TV, Electricity, Gas
Utilities
Utilities Information
Sewer Connected
Water Source: District/Public
Location
Location Information
Latitude: 33.92549900
Longitude: -118.17884300
Public facts
Beds: 12
Baths: 6.0
Sq. Ft.: 4,946
Stories: —
Parking Spaces: 12
Basement: No
Accessible: No
Lot Size: 10,100 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1989
Year Renovated: —
County: Los Angeles County
APN: 6194027019
HOA Dues: —
Garage: No
Features: —
Home facts updated by owner on Dec 5, 2022
Other
Listing Information
Days Active in MLS: 31
Continuous Days Active in MLS: 31
Listing Agent Information
List Agent First Name: Ricardo
List Agent Last Name: Arias
Listing Office Information
List Office Name: C-21 A Better Service
Selling Agent Information
Buyer Agent First Name: Nabil
Buyer Agent Last Name: Antonious
Selling Office Information
Buyer Office Name: C-21 Astro
Around this home
Schools
Will Rogers Elementary School
Public K-6 • Assigned • 0.2mi
6/10
Hosler Middle School
Public 7-8 • Assigned • 1.3mi
2/10
Lynwood High School
Public 9-12 • Assigned • 1.5mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
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