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    1013 E 28Th St

    Los Angeles, CA 90011
    • $750,000
    • STATUS: Active
    • ON SITE: 49 days
    • ID#: 20-613432
    UPDATED: 33 min ago
    $750,000
    • 9
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,642
      SQFT
    • $206
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1908
    County:

    School Ratings & Info

    Description

    5 units plus one storage! 3 separate Structure, Front Building is a Triplex, middle building free standing unit, Back building is free standing building. Great unit mix, 1 X 3 Bedroom 1 Bath, 1 X 2 Bedroom 1 Bath plus 3 X 1 Bedroom 1 Bath. All units are occupied, long term tenants, Low rents - Huge potential, lots of room for growth!!! UNDER RENT CONTROL AREA, 50 % potential upside based on the market rent, Price per unit $ 159,000, Actual Gross income 56,616 Actual Cap rate 4.7 Performa Monthly rent $ 9,650 Gross Yearly $ 115,800. Price per Sqft $ 218. Great investment opportunity. Property needs TLC, Plenty parking spaces, alley access, Across street from YMCA and two doors down from church. Garage is rented as storage and producing additional $ 400 monthly.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-23T17:42:46.51. 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/108541227
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    1013 E 28Th St Los Angeles, CA 90011

    • Price: $750,000
    • Status: Active
    • Updated: 33 min ago
    • ID#: 20-613432
    9
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    3,642
    SQFT
    $206
    $/SQFT
    1908
    Built
    Neighborhood:
    Downtown L.A.
    County:
    Los Angeles
    Area:
    Downtown L.A.
    Property Description
    5 units plus one storage! 3 separate Structure, Front Building is a Triplex, middle building free standing unit, Back building is free standing building. Great unit mix, 1 X 3 Bedroom 1 Bath, 1 X 2 Bedroom 1 Bath plus 3 X 1 Bedroom 1 Bath. All units are occupied, long term tenants, Low rents - Huge potential, lots of room for growth!!! UNDER RENT CONTROL AREA, 50 % potential upside based on the market rent, Price per unit $ 159,000, Actual Gross income 56,616 Actual Cap rate 4.7 Performa Monthly rent $ 9,650 Gross Yearly $ 115,800. Price per Sqft $ 218. Great investment opportunity. Property needs TLC, Plenty parking spaces, alley access, Across street from YMCA and two doors down from church. Garage is rented as storage and producing additional $ 400 monthly.
    Exterior Features

    Lot Size Area 7498 Other Structures None Parking Garage CarportDriveway Style California Bungalow Total Parking 6

    Interior Features

    Baths Total 5.00 Cooling Other Equipment CableGarbage Disposal Heating Wall

    Property Features

    Gross Income 56616 Gross Operating Income 56616 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Net Operating Income 37526.00 Number Of Buildings 3 Number Of Units 5 Sale Type Standard Source Living Area Assessor Source Lot Size Area Vendor Enhanced Total Annual Expense 19090 Type Of Units income Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Eliza Kerndian DRE#01398836 of Keller Williams Realty Westside.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-23T17:42:46.51. 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
    27720 Dickason Drive
    Valencia CA, 91355