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    1001 Hi Point St

    Los Angeles, CA 90035
    • $2,050,000
    • STATUS: Active
    • ON SITE: 65 days
    • ID#: 20-609738
    UPDATED: 49 min ago
    $2,050,000
    • 7
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,648
      SQFT
    • $441
      $/SQFT
    Type:
    Multi-Family
    Built:
    1933
    County:

    School Ratings & Info

    Description

    Wonderful Spanish Character Fourplex Pride of Ownership Property - Hardwood floors throughout - Art Deco tiling - arches - stained glass - Main building consists of 3 units, 4th unit is over the parking garage - 2 long term tenants - Upper front unit recently rehabbed - floors - paint - new kitchen flooring - new appliances - large living room w/fireplace - separate bonus/den/office w/beamed ceiling - kitchen w/sep breakfast room - 2 baths - large bedroom - Ideally located close to Downtown, Beverly Hills, Century City, The Grove and all that LA has to offer. 3 of the units are leased out - one vacancy over the parking garage - Oil and mineral rights are excluded - this is a Trust Sale w/no court confirmation. Great investment for first time investor or owner/occupier. Property is being sold in its AS IS condition. Spacious units and well priced!

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-10-01T17:43:08.593. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/108272788
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    1001 Hi Point St Los Angeles, CA 90035

    • Price: $2,050,000
    • Status: Active
    • Updated: 49 min ago
    • ID#: 20-609738
    7
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    4,648
    SQFT
    $441
    $/SQFT
    1933
    Built
    Neighborhood:
    Beverly Center-Miracle Mile
    County:
    Los Angeles
    Area:
    Beverly Center-Miracle Mile
    Property Description
    Wonderful Spanish Character Fourplex Pride of Ownership Property - Hardwood floors throughout - Art Deco tiling - arches - stained glass - Main building consists of 3 units, 4th unit is over the parking garage - 2 long term tenants - Upper front unit recently rehabbed - floors - paint - new kitchen flooring - new appliances - large living room w/fireplace - separate bonus/den/office w/beamed ceiling - kitchen w/sep breakfast room - 2 baths - large bedroom - Ideally located close to Downtown, Beverly Hills, Century City, The Grove and all that LA has to offer. 3 of the units are leased out - one vacancy over the parking garage - Oil and mineral rights are excluded - this is a Trust Sale w/no court confirmation. Great investment for first time investor or owner/occupier. Property is being sold in its AS IS condition. Spacious units and well priced!
    Exterior Features

    Covered Parking 2 Direction Faces North Exterior Construction Stucco Lot Description Lawn Lot Location Corner Lot Lot Size Area 6867 Other Structures Guesthouse Parking Garage Garage Roof ClayComposition Style Spanish Total Parking 4 View Description City Lights View YN Yes

    Interior Features

    Baths Total 7.00 Cooling Other Den Yes Dining Room No Equipment Range/OvenRefrigerator Family Room No Fireplace Rooms Living Room Flooring Hardwood Heating Other Laundry Outside Rooms BreakfastDen/Office

    Property Features

    ADACompliance Yes Assessed Total Value 128395 Gross Income 122112 Gross Operating Income 0 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Net Operating Income 85572.00 Number Of Buildings 2 Number Of Units 4 Owner Pays OtherWaterGardener Rent Control YN Yes Sale Type Standard Sewer In Street Paid Source Living Area Assessor Source Lot Size Area Assessor Tenant Pays GasElectricity Total Annual Expense 36540 Type Of Units Apartments Water Public Water Heaters YN Yes Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of Stacey Babbitt DRE#01035847 of Coldwell Banker Realty.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-10-01T17:43:08.593. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Randy Plaice and Associates | RE/MAX
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    Valencia CA, 91355