216 W 49th Street

    Los Angeles, CA 90037
    • $569,000
    • STATUS: CONTINGENT
    • ON SITE: 11 days
    • ID#: 301762529
    Under Contract
    $569,000
    • 5
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1906
    County:

    School Ratings & Info

    Description

    Location, location, location!! Minutes from Downtown LA, blocks from USC, the Coliseum. This TRI PLEX is a cash flow property. Front unit is spacious 3 bedroom 2 bath with gated front yard and laundry room, back unit is gated 2 bed 1 bath, and 3rd unit is a studio. Driveway shared and parking in the back for tenants. Long term good tenants that would like to stay if possible. They are currently all month to month. Seller has not raised rents and current rents are under market value. Immediate upside when Location, location, location!! Minutes from Downtown LA, blocks from USC, the Coliseum. This TRI PLEX is a cash flow property. Front unit is spacious 3 bedroom 2 bath with gated front yard and laundry room, back unit is gated 2 bed 1 bath, and 3rd unit is a studio. Driveway shared and parking in the back for tenants. Long term good tenants that would like to stay if possible. They are currently all month to month. Seller has not raised rents and current rents are under market value. Immediate upside when you buy! Buyer to verify all permits and do their own due diligence.

    Monthly Payment Calculator

    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 © 2019 San Diego MLS, Inc. Licensed in the state of California.
    www.lajollaagent.com/homes/100686239

    216 W 49th Street Los Angeles, CA 90037

    • Price: $569,000
    • Status: CONTINGENT
    • ID#: 301762529
    5
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    1906
    Built
    Neighborhood:
    Los Angeles (90037)
    County:
    Los Angeles
    Area:
    Los Angeles (90037)
    Property Description
    Location, location, location!! Minutes from Downtown LA, blocks from USC, the Coliseum. This TRI PLEX is a cash flow property. Front unit is spacious 3 bedroom 2 bath with gated front yard and laundry room, back unit is gated 2 bed 1 bath, and 3rd unit is a studio. Driveway shared and parking in the back for tenants. Long term good tenants that would like to stay if possible. They are currently all month to month. Seller has not raised rents and current rents are under market value. Immediate upside when Location, location, location!! Minutes from Downtown LA, blocks from USC, the Coliseum. This TRI PLEX is a cash flow property. Front unit is spacious 3 bedroom 2 bath with gated front yard and laundry room, back unit is gated 2 bed 1 bath, and 3rd unit is a studio. Driveway shared and parking in the back for tenants. Long term good tenants that would like to stay if possible. They are currently all month to month. Seller has not raised rents and current rents are under market value. Immediate upside when you buy! Buyer to verify all permits and do their own due diligence.
    Exterior Features

    Pool N/K Site Sidewalks

    Interior Features

    Stories 1 Story Total Baths Unit1 2 Total Baths Unit2 1 Total Baths Unit3 1

    Property Features

    Actual Cap Rate 6 Annual Expense Actual 10865 Assessments Yes/Remarks Buildings 2 Gross Scheduled Income Actual 43920 Home Owners Fees 0 Terms CashConventionalExchangeFha Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit1 Rent Actual 2060 Unit2 Rent Actual 950 Unit3 Rent Actual 650 Water Meter On Property Zoning Lar2

    Listing provided courtesy of Keller Williams Realty. Listing information © 2019 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 © 2019 San Diego MLS, Inc. Licensed in the state of California.
     
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