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Dilbeck Real Estate
Real Living
818-790-6774

229 S AVENUE 22, LOS ANGELES CA, 90031

(Pending)
$1,600,000
|
5,676 sqft
|
MLS# 14770249
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Listing Provided Courtesy Of: Lilly Enterprises, Inc.
Last Updated: 7/28/2014 12:46 PM
Description for 229 S AVENUE 22 LOS ANGELES, CA 90031
BRC Advisors - South Bay Office, as the exclusive listing agent, is pleased to present the rare opportunity to acquire a portfolio sale of two (2) nine (9) unit apartments in China Town and a ten (10) unit apartment in Lincoln Heights. All 3 apartments can be sold together as a portfolio or they can be sold off individually (900 N Beaury, 938 White Knoll and 229 S Avenue 22). Property is entitled for 10 units, 2 of which must be reserved for low income tenants and reported annually to the City of Los Angeles. There is no restriction on the amount of rent that the new owners may charge the 2 low income tenants, as long as the new owners provide supporting documentation to the City that they are low income tenants (welfare, social security, minimum wage, etc.). Building amenities include 20 covered parking spaces and all units are separately metered for gas and electricity. (900 N Beaudry MLS# - 14-770245938 White Knoll MLS# - 14-770247229 S Avenue 22 MLS# - 14-770249)
Price
$1,600,000
Los Angeles
5,676 (approx)
14770249
Pending
Description
BRC Advisors - South Bay Office, as the exclusive listing agent, is pleased to present the rare opportunity to acquire a portfolio sale of two (2) nine (9) unit apartments in China Town and a ten (10) unit apartment in Lincoln Heights. All 3 apartments can be sold together as a portfolio or they can be sold off individually (900 N Beaury, 938 White Knoll and 229 S Avenue 22). Property is entitled for 10 units, 2 of which must be reserved for low income tenants and reported annually to the City of Los Angeles. There is no restriction on the amount of rent that the new owners may charge the 2 low income tenants, as long as the new owners provide supporting documentation to the City that they are low income tenants (welfare, social security, minimum wage, etc.). Building amenities include 20 covered parking spaces and all units are separately metered for gas and electricity. (900 N Beaudry MLS# - 14-770245938 White Knoll MLS# - 14-770247229 S Avenue 22 MLS# - 14-770249)
Listing Information
Property Type: Multi-Family
7,749 Sq. Ft. Public Records 5,676 (approx)
Vendor Enhanced (N) $281.89 1989
10 Total
Neighborhood
Room Information
Interior Features
A/C - Other
Other
Other
Exterior / Lot Features
20 Parking Spaces, Covered Parking
LARD3
Driving Directions
Just S of S Ave. 22 & N Broadway, right off the 5 Freeway at the Broadway exit.
Financial Considerations
5204006029
Income ,$50,687
Semi Annually
Listing Price History

LOS ANGELES Real Estate

LOS ANGELES is located in California. LOS ANGELES, California 90031 has a population of  3,792,621.

The median household income in LOS ANGELES, California 90031 is $46,901. The median household income for the surrounding county is $52,874 compared to the national median of $50,935. The median age of people living in LOS ANGELES 90031 is 34.2 years.

Sales History
Tax Info
Listing Provided Courtesy Of: Lilly Enterprises, Inc. Matthew Lee
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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409774 - Dilbeck Real Estate
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