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Real Living Pacific Realty
(800)660-9140

2749 SAN MARINO ST, LOS ANGELES CA, 90006

(Closed)
Sold Price:
$2,225,000
Date:08/18/2014
|
20,289 sqft
|
MLS# 14743197
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Listing Provided Courtesy Of: Coldwell Banker Wilshire
Last Updated: 9/17/2014 3:43 PM
Description for 2749 SAN MARINO ST LOS ANGELES, CA 90006
Here's a great opportunity for an apt investor to own Low Income Housing that's been owned for since 1994. The building is an "Excellent Excellent" condition., current owner and housing had strict restrictions for tenants., no pets were allowed and number of people on each unit were strongly monitored. One manager oversees the building for 20years, well established with no vacancies. Out of 32 units (permitted for 36 as per title), 16 units to be restricted (has cap for rent amount) as per monitoring agencies with annual reports around September each year, all is done electronically thru online via web portal. Affordable Housing maybe qualify for Conditional Tax Exemptions both for SCEP/RSO and Property Tax however, this info is not guaranteed, rely on your own discovery. No parking and it is master metered both for Gas and Electric.
Price
Sold Price:
$2,225,000
Sold Date:08/18/2014
Los Angeles
20,289 (approx)
14743197
Closed
Description
Here's a great opportunity for an apt investor to own Low Income Housing that's been owned for since 1994. The building is an "Excellent Excellent" condition., current owner and housing had strict restrictions for tenants., no pets were allowed and number of people on each unit were strongly monitored. One manager oversees the building for 20years, well established with no vacancies. Out of 32 units (permitted for 36 as per title), 16 units to be restricted (has cap for rent amount) as per monitoring agencies with annual reports around September each year, all is done electronically thru online via web portal. Affordable Housing maybe qualify for Conditional Tax Exemptions both for SCEP/RSO and Property Tax however, this info is not guaranteed, rely on your own discovery. No parking and it is master metered both for Gas and Electric.
Listing Information
Property Type: Multi-Family
6,750 Sq. Ft. Public Records 20,289 (approx)
Public Records $110.9 1928
32 Total
Neighborhood
Room Information
Interior Features
Built-Ins
None
Wall Unit
Exterior / Lot Features
LAR4
Driving Directions
Between Normandie and Hoover, One Block North of Olympic Blvd and East of Normandie
Financial Considerations
5077028022
Income ,$100,353
Semi Annually
Listing Price History

LOS ANGELES Real Estate

LOS ANGELES is located in California. LOS ANGELES, California 90006 has a population of  3,804,503.

The median household income in LOS ANGELES, California 90006 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 90006 is 34.1 years.

Sales History
Tax Info
Listing Provided Courtesy Of: Coldwell Banker Wilshire Connie Kim
The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved.
Information is deemed reliable but is not guaranteed.

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