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    918 W 40Th Pl

    Los Angeles, CA 90037
    • $797,500
    • STATUS: Active
    • ON SITE: 18 days
    • ID#: 20-631078
    UPDATED: 54 min ago
    $797,500
    • 4
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,910
      SQFT
    • $204
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1915
    County:

    School Ratings & Info

    Description

    We are pleased to offer for sale this three (3) unit multifamily investment offering, located in the City of Los Angeles. The subject property is constructed of wood frame and stucco, built-in 1915, with approximately 3,910 rentable sqft on a 5,068 sqft lot. The asset is comprised of a two-story structure, with a unit mix consisting of three (3) 1+1 units. 50% upside in rents and 1 block away from the Coliseum.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-29T06:43:19.47. 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/109900054
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    918 W 40Th Pl Los Angeles, CA 90037

    • Price: $797,500
    • Status: Active
    • Updated: 54 min ago
    • ID#: 20-631078
    4
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    3,910
    SQFT
    $204
    $/SQFT
    1915
    Built
    Neighborhood:
    Los Angeles Southwest
    County:
    Los Angeles
    Area:
    Los Angeles Southwest
    Property Description
    We are pleased to offer for sale this three (3) unit multifamily investment offering, located in the City of Los Angeles. The subject property is constructed of wood frame and stucco, built-in 1915, with approximately 3,910 rentable sqft on a 5,068 sqft lot. The asset is comprised of a two-story structure, with a unit mix consisting of three (3) 1+1 units. 50% upside in rents and 1 block away from the Coliseum.
    Exterior Features

    Lot Size Area 5068 Other Structures None Parking Garage Driveway Total Parking 2

    Interior Features

    Baths Total 4.00 Cooling Central Equipment FreezerDishwasherRefrigerator Heating Central

    Property Features

    Assessed Total Value 39243 Gross Income 29832 Gross Operating Income 28340 Like Units1 1 Like Units2 1 Like Units3 1 Net Operating Income 19391.00 Number Of Buildings 1 Number Of Units 3 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 10441 Type Of Units Apartments Year Built Source Vendor Enhanced Zoning Lar3

    Listing provided courtesy of Sherwin Soumekh DRE#02022101 of Brc Advisors- Bh.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-29T06:43:19.47. 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