3835 Whittier Boulevard, Los Angeles, CA 90023 | MLS OC15116924 | Listing Information | Real Living Pacific Realty | Real Living Real Estate
Real Living Pacific Realty
800-660-9140

3835 Whittier Boulevard,  Los Angeles CA, 90023

Status: Sold
MLS#: OC15116924
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Real Living Pacific Realty
800-660-9140

Listing Provided Courtesy Of: Frederick F. Furey, Broker
Last Updated: 12/2/2016 6:41 PM
Description for 3835 Whittier Boulevard Los Angeles, CA 90023
CURRENT .6.7% CAP RATE WITH CURRENT MASTER LEASE. CURRENT LEASE EXPIRES IN 6 MOS! OR RUN IT YOURSELF WITH A YEARLY INCOME OF APPROX $124K GROSS WITH A 9% CAP RATE !! NO RENT CONTROL! HUGE PRICE REDUCTION! OWNER VERY MOTIVATED MAKE OFFER! NO RENT CONTROL- ALMOST A NEW BUILDING! NEWLY RENOVATED WITH OVER $400,000 SPENT ON UPDATES! Beautiful Mixed-Use building 6144SQFT with COMMERCIAL/RETAIL (3 spaces), STORAGE/OFC (2 SPACES) and RESIDENTIAL/BOARDING (9 units). New Roof, All New Interior Walls, All New Ceilings, Freshly Painted Exterior and Interior, All New HVAC, All New Electrical, Updated Plumbing, New Flooring. The residential units have an excellent mix of high-demand studio and 1B units. 1ST TIME ON MARKET SINCE 1945**BRING YOUR INVESTORS**MOTIVATED SELLER**MUST SEE
Price
Sold Price:
$870,000
Sold Date:01/06/2016
Los Angeles
OC15116924
Closed
Description
CURRENT .6.7% CAP RATE WITH CURRENT MASTER LEASE. CURRENT LEASE EXPIRES IN 6 MOS! OR RUN IT YOURSELF WITH A YEARLY INCOME OF APPROX $124K GROSS WITH A 9% CAP RATE !! NO RENT CONTROL! HUGE PRICE REDUCTION! OWNER VERY MOTIVATED MAKE OFFER! NO RENT CONTROL- ALMOST A NEW BUILDING! NEWLY RENOVATED WITH OVER $400,000 SPENT ON UPDATES! Beautiful Mixed-Use building 6144SQFT with COMMERCIAL/RETAIL (3 spaces), STORAGE/OFC (2 SPACES) and RESIDENTIAL/BOARDING (9 units). New Roof, All New Interior Walls, All New Ceilings, Freshly Painted Exterior and Interior, All New HVAC, All New Electrical, Updated Plumbing, New Flooring. The residential units have an excellent mix of high-demand studio and 1B units. 1ST TIME ON MARKET SINCE 1945**BRING YOUR INVESTORS**MOTIVATED SELLER**MUST SEE
Listing Information
Property Type: General Commercial, Other
0.1 Acres $141.35 1922
Natural Gas
Neighborhood
Room Information
Interior Features
Gas Heat, Forced Air
Exterior / Lot Features
None
Security Lighting
Driving Directions
East of the 5 FWY AT INDIANA AVE EXIT
Financial Considerations
5239002030
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90023 has a population of 3,804,503.

The median household income in Los Angeles, California 90023 is $49,745. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Los Angeles 90023 is 34.1 years.

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Courtesy: Frederick F. Furey, Broker Fred Furey
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Information is deemed reliable but is not guaranteed.

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