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    1402 N Las Palmas Avenue

    Los Angeles, CA 90028
    • $3,700,000
    • STATUS: ACTIVE
    • ON SITE: 123 days
    • ID#: 302873546
    UPDATED: 16 min ago
    $3,700,000
    • 3
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Los Angeles (90028)
    Type:
    Multi-Family
    Built:
    1921
    County:
    Los Angeles
    Area:
    Los Angeles (90028)

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    Description

    PRICE REDUCED $300,000 !! Extraordinary cute bungalows (separate units and duplexes) in a unique garden setting. 10 units total in the heart of high rent-demand Hollywood. Each separately metered. Great commuter location and a short walk to Hollywood and Vine Metro Station. Walking distance to restaurants and local nightlife. Secured perimeter gate helps make grounds safe for childrens play. Quiet street. Pleasant neighborhood. Please do not disturb tenants. Shown on accepted offers only. Can be purchased PRICE REDUCED $300,000 !! Extraordinary cute bungalows (separate units and duplexes) in a unique garden setting. 10 units total in the heart of high rent-demand Hollywood. Each separately metered. Great commuter location and a short walk to Hollywood and Vine Metro Station. Walking distance to restaurants and local nightlife. Secured perimeter gate helps make grounds safe for childrens play. Quiet street. Pleasant neighborhood. Please do not disturb tenants. Shown on accepted offers only. Can be purchased individually or as part of a seven-property portfolio (see attached Offering Memoranda for this individual property and the portfolio of seven properties). $3,700,000 Dan Corcoran #00451125 Corcoran Group of California, Inc. #01787829 dmcor@cgroupca.com (310) 435-9106

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.lajollaagent.com/homes/110316621
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    1402 N Las Palmas Avenue Los Angeles, CA 90028

    • Price: $3,700,000
    • Status: ACTIVE
    • Updated: 16 min ago
    • ID#: 302873546
    3
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    1921
    Built
    Neighborhood:
    Los Angeles (90028)
    County:
    Los Angeles
    Area:
    Los Angeles (90028)
    Property Description
    PRICE REDUCED $300,000 !! Extraordinary cute bungalows (separate units and duplexes) in a unique garden setting. 10 units total in the heart of high rent-demand Hollywood. Each separately metered. Great commuter location and a short walk to Hollywood and Vine Metro Station. Walking distance to restaurants and local nightlife. Secured perimeter gate helps make grounds safe for childrens play. Quiet street. Pleasant neighborhood. Please do not disturb tenants. Shown on accepted offers only. Can be purchased PRICE REDUCED $300,000 !! Extraordinary cute bungalows (separate units and duplexes) in a unique garden setting. 10 units total in the heart of high rent-demand Hollywood. Each separately metered. Great commuter location and a short walk to Hollywood and Vine Metro Station. Walking distance to restaurants and local nightlife. Secured perimeter gate helps make grounds safe for childrens play. Quiet street. Pleasant neighborhood. Please do not disturb tenants. Shown on accepted offers only. Can be purchased individually or as part of a seven-property portfolio (see attached Offering Memoranda for this individual property and the portfolio of seven properties). $3,700,000 Dan Corcoran #00451125 Corcoran Group of California, Inc. #01787829 dmcor@cgroupca.com (310) 435-9106
    Exterior Features

    Parking Garage Desc Unit1 Assigned Pool N/K Site Sidewalks Topography Level

    Interior Features

    Cooling Wall/Window Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1

    Property Features

    Actual Cap Rate 5.61 Annual Expense Actual 26980 Buildings 7 Gross Rent Multiplier Actual 15.3 Gross Scheduled Income Actual 241769 Terms Cash Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit1 Rent Actual 888.0 Unit2 Rent Actual 1947.0 Unit3 Rent Actual 1728.0 Zoning Assessor

    Listing provided courtesy of Corcoran Group Of California Inc.. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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