The median home value in Los Angeles, CA is $209,000.
This is
lower than
the county median home value of $358,100.
The national median home value is $152,300.
The average price of homes sold in Los Angeles, CA is $209,000.
Approximately 23.71% of Los Angeles homes are owned,
compared to 68.6% rented, while
7.68% are vacant.
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Please see private remarks. 16 unfinished residence apartments on Normandie. The building consists of seven one bedroom one bath, two two bedroom one bath and seven three bedroom one bath units. There is a quiet enclosed courtyard that provides a sanctuary for tenants along with secured access and subterranean parking with 23 parking spaces. Listed at $1,245,000, the completion and carrying costs are estimated at $700,000 for a total investment of $1,945,000. At market rents that is potentially 8 times gross rents, a 7.8% cap rate and a cash on cash return of 14% once you put financing on the property. All of the building, electrical and plumbing permits have been updated all you need to do is add your name and get started with the final construction. This provides a rare opportunity to acquire new construction that is not subject to rent control with controlled access in an area where those features are not available in many properties.
Traditional Sale. 12 bedroom / 12 bath individual studios with kitchen. Individual studios range from 300 to 500 sq ft. Recent $150K upgrade to building's electricity and plumbing. 2 blocks from University of Southern California (USC). Walking distance to public transportation - buses and Metrolink.
Great income producing 8 unit property. 2 separate buildings, 4 units each. Property has new electrical meters, the Wesley building has all new wiring in the 4 units. 7 of the 8 units have all been updated and remodeled. Mostly all copper plumbing. New kitchen cabinets in most of the units. One building is on Hoover and the other on Wesley. All city inspections have been completed. Mostly tile flooring, mixed hardwood and carpet.. Close to Downtown, Staples Center, Coliseum etc. All tenants pay gas and electric bills. Interior inspection subject to accepted offer.!
Opportunity of owning this great income$$ investment property. In the heart of the city great income multi Units 15 bedrooms and eight bath - 7 units are -2 bedroom 1 bath long with one unit 1 -1 bath -units are on seperate meters.Two story complex In the vaccinity of USC WOW! Take a look at this great deal and great building with lot's of curb-appeal. The building is a 2-story. What a Great 8-unit investment opportunity!! Talk about opportunity knocking on your door. Please do NOT disturb the tenants. The rents are very low but represent a huge upside income potential.BUYER TO VARIFY All it needs is you
******************************** PRICED TO SELL HUGH PRICE REDUCTION ******************************************This well maintained attractive nine unit property has reduced its price. The court yard unit mix consists of Six one bedrooms, Two singles and One two bedrooms. Each unit is metered for gas, electricty and water. Clean building 100% occupied. Large return on investment.******************************** DO NOT DISTURB TENANTS DRIVE BY ONLY ******************************************
MIX USE PROPERTY.. 3 STORES AND 2 UNITS ON THE TOP, CLOSE TO SHOPPING STORES, DOWNTOWN LA AND STAPLES CENTER. GOOD LOCATION WITH LOTS OF POTENTIAL, GREAT CAP
DO NOT disturb tenants. This is a standard sale. Mediterranean 4 ?Unit building: Each unit is 1,474 sq. ft. Each unit has inside wash/dryer hook-up, garage, formal dining room with built-in shelves, 2 downstairs units have real fireplace, upstairs 2 units have mock fireplace (all four have built in shelves around the fireplace). Unit #1 downstairs has 1-1/2 bathrooms fully operational (units 2-4 also have 1-1/2 bathroom - 1 bathroom fully operational but the 1/2 bathroom need to have toilet and sink installed). In 2007 unit #3 - bathroom was completely remodeled. Each unit has French doors from the living to the dining room. In addition, all units have authentic hardwood floors plus many more unique features.
/// Reduced Price /// Presenting 5 units of income property, right across from Los Angeles Memorial Coliseum on Vermont. This property has been completely remodeled in year of 2004, both INTERIOR & EXTERIOR with a new plumbing, electricity, paint, tile carpet, excellent condition remained. Perfect for starter investor with secure and stable and easy management set up. A strong income CASH COW.