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    9301 S Western Ave

    Los Angeles, CA 90047
    • $750,000
    • STATUS: Active
    • ON SITE: 72 days
    • ID#: 20-603290
    UPDATED: 15 min ago
    $750,000
    • 8
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,560
      SQFT
    • $293
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1943
    County:

    School Ratings & Info

    Description

    MOTIVATED SELLER, PRICE REDUCED!! We are pleased to present the opportunity to acquire 9301 South Western Avenue, a four-unit apartment complex in Los Angeles. The property sits on a 5,702 square foot parcel with 2,560 square feet of rentable space. Built in 1943, 9301 S. Western Ave. is comprised of individual bungalow style units consisting of (4) Two Bedroom/One Bathroom units. The gas and electricity are both individually metered. The building offers tenants with (4) parking spaces and qualifies for favorable residential financing. With over 29% of upside in rents, this property provides an astute investor a unique value-add opportunity.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-24T10:42:17.9. 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/107806106
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    9301 S Western Ave Los Angeles, CA 90047

    • Price: $750,000
    • Status: Active
    • Updated: 15 min ago
    • ID#: 20-603290
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    2,560
    SQFT
    $293
    $/SQFT
    1943
    Built
    Neighborhood:
    Metropolitan Southwest
    County:
    Los Angeles
    Area:
    Metropolitan Southwest
    Property Description
    MOTIVATED SELLER, PRICE REDUCED!! We are pleased to present the opportunity to acquire 9301 South Western Avenue, a four-unit apartment complex in Los Angeles. The property sits on a 5,702 square foot parcel with 2,560 square feet of rentable space. Built in 1943, 9301 S. Western Ave. is comprised of individual bungalow style units consisting of (4) Two Bedroom/One Bathroom units. The gas and electricity are both individually metered. The building offers tenants with (4) parking spaces and qualifies for favorable residential financing. With over 29% of upside in rents, this property provides an astute investor a unique value-add opportunity.
    Exterior Features

    Lot Size Area 5702 Other Structures None Parking Garage Uncovered Total Parking 4

    Interior Features

    Baths Total 4.00 Cooling Other Equipment Other Heating Other

    Property Features

    Assessed Total Value 459000 Gross Income 66852 Gross Operating Income 64846 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 46540.00 Number Of Buildings 4 Number Of Units 4 Sale Type Standard Security Features Gated Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays GasElectricity Total Annual Expense 18306 Type Of Units Standard Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Sevak Keshishian DRE#01887505 of Marcus & Millichap.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-24T10:42:17.9. 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