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    1451 S Fairfax Avenue

    Los Angeles, CA 90019
    • $1,949,000
    • STATUS: Pending
    • ON SITE: 52 days
    • ID#: 320002626
    Pending
    UPDATED: 27 min ago
    $1,949,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,168
      SQFT
    • $0
      $/SQFT
    Type:
    Multi-Family
    Built:
    1929
    County:

    School Ratings & Info

    Description

    Located in highly coveted Picfair neighborhood, at the edge of Miracle Mile of Los Angeles, just minutes to Culver City, The Grove, Beverly Hills, Santa Monica, and Downtown LA. The Spanish Style building boasts 4 very large 2 bedroom 1 bath units, with great architectural character, all units have laundry, gas fireplace, hardwood floors, tile kitchens, the two upper units have central AC and Heat and 3 out of the four have dishwashers. The building was painted in 2018, and has updated Electrical, the sewer was lined recently, there is no deferred maintenance. This building delivers currently a solid 4.7 Cap and is priced at a reasonable 15.3 GRM. This is a great investment now and in the future.

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    Based on information from CRISNet MLS as of 2020-09-26T07:55:50.257. 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.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2020-09-26T07:55:50.257. 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/108529031
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    1451 S Fairfax Avenue Los Angeles, CA 90019

    • Price: $1,949,000
    • Status: Pending
    • Updated: 27 min ago
    • ID#: 320002626
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    5,168
    SQFT
    $0
    $/SQFT
    1929
    Built
    Neighborhood:
    C19 - Beverly Center-Miracle Mile
    County:
    Los Angeles
    Area:
    C19 - Beverly Center-Miracle Mile
    Property Description
    Located in highly coveted Picfair neighborhood, at the edge of Miracle Mile of Los Angeles, just minutes to Culver City, The Grove, Beverly Hills, Santa Monica, and Downtown LA. The Spanish Style building boasts 4 very large 2 bedroom 1 bath units, with great architectural character, all units have laundry, gas fireplace, hardwood floors, tile kitchens, the two upper units have central AC and Heat and 3 out of the four have dishwashers. The building was painted in 2018, and has updated Electrical, the sewer was lined recently, there is no deferred maintenance. This building delivers currently a solid 4.7 Cap and is priced at a reasonable 15.3 GRM. This is a great investment now and in the future.
    Exterior Features

    Architectural Style Spanish Carport Spaces 0.00 Construction Materials Frame Levels Two Lot Size Area 7123.0000 Number Of Rented Garages 0 Parking Features Covered Parking Total 0.00 Parking YN Yes View YN No

    Interior Features

    Appliances RangeDishwasher Appliances YN Yes Fireplace Features Free StandingGasLiving Room Fireplace YN Yes Flooring VinylTileWood Heating CentralFireplace(S)Combination Heating YN Yes Interior Features Tile Counters

    Property Features

    Association YN No Electric Expense 0.00 Exclusions Washer And Dryer Along With Ceiling Fans From Unit 1451 Are Personal Property Belonging To Tenant. Fuel Expense 0.00 Garage Income 0.00 Gross Equity 0 Gross Income 0.00 Gross Multiplier 15.30 Gross Operating Income 0.00 Gross Scheduled Income 0.00 Gross Spendable Income 0.00 Improvements Amount 0 Improvements Percent 0.00 Insurance Expense 0.00 Land Lease YN No Laundry Income 0.00 Maintenance Expense 0.00 Net Operating Income 90923.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 0.00 Operating Expense Percent 0.00 Pest Control Expense 0.00 Pool Expense 0.00 Pool Private YN No Professional Management Expense 0.00 Spa YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Total Expenses 31884.00 Trash Expense 0.00 Water Sewer Expense 0.00 Zoning Lar3

    Listing provided courtesy of Carlos Borraez, CA DRE# , of Keller Williams R.E. Services.


    Based on information from CRISNet MLS as of 2020-09-26T07:55:50.257. 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.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2020-09-26T07:55:50.257. 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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