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    1174 E 53Rd St

    Los Angeles, CA 90011
    • $658,000
    • STATUS: Active Under Contract
    • ON SITE: 54 days
    • ID#: 20-601628
    Under Contract
    UPDATED: 17 min ago
    $658,000
    • 7
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,262
      SQFT
    • $291
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    Excellent investment opportunity in most desires rental area! Very Good CASH FLOW! All units will remain tenant occupied at close of escrow. Tenants have been paid on time in COVID 19. All utilities are paid by tenants except water bills. Housing Inspection(SCEP) passed May 2019. CAP 5.21% GRM 13.

    Monthly Payment Calculator



    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/108380985
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    1174 E 53Rd St Los Angeles, CA 90011

    • Price: $658,000
    • Status: Active Under Contract
    • Updated: 17 min ago
    • ID#: 20-601628
    7
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    2,262
    SQFT
    $291
    $/SQFT
    1923
    Built
    Neighborhood:
    Downtown L.A.
    County:
    Los Angeles
    Area:
    Downtown L.A.
    Property Description
    Excellent investment opportunity in most desires rental area! Very Good CASH FLOW! All units will remain tenant occupied at close of escrow. Tenants have been paid on time in COVID 19. All utilities are paid by tenants except water bills. Housing Inspection(SCEP) passed May 2019. CAP 5.21% GRM 13.
    Exterior Features

    Entry Location Other Lot Size Area 5121 Other Structures None Parking Garage Assigned Pool Description None Pool YN No Roof Flat Spa None Spa YN No Sprinklers None Style Craftsman Total Parking 4 View Description Any View YN Yes

    Interior Features

    Bathroom Features Shower And Tub Baths Total 4.00 Cooking Appliances GasOven Cooling None Equipment Ceiling Fan Fireplace Rooms None Flooring CarpetTile Heating Wall Laundry None Water Heater Features Gas Windows Screens

    Property Features

    Assessed Total Value 209735 Gross Income 48408 Gross Operating Income 14100 Like Units1 1 Like Units2 2 Like Units3 3 Net Operating Income 34308.00 Number Of Buildings 3 Number Of Units 3 Owner Pays Water Sale Type Standard Security Features Carbon Monoxide Detector(S)GatedSmoke Detector Sewer In Street Source Living Area Appraiser Source Lot Size Area Vendor Enhanced Tenant Pays ElectricityGas Total Annual Expense 0 Type Of Units Triplex Water Meter On Property Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar2

    Listing provided courtesy of Eui Chang DRE#01722361 of Masters Realty Group.


    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