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Dilbeck Real Estate
Real Living
818-790-6774

1517 HI POINT ST, LOS ANGELES CA, 90035

(Closed)
Sold Price:
$3,600,000
Date:01/28/2014
|
11,760 sqft
|
MLS# 13711965
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Listing Provided Courtesy Of: Century 2000 Realty
Last Updated: 4/17/2014 10:15 AM
Description for 1517 HI POINT ST LOS ANGELES, CA 90035
No rent control 10 unit apartment building providing an investment opportunity for an astute investor with the rare and unique opportunity to acquire a pride of ownership asset in a centrally located and popular neighborhood with an ability to improve cashflow by capturing the 15%+loss-to-lease. Each unit is a townhome with 2 bedrooms/2.5 baths, large living room with fireplace and a side-by-side washer-dryer hookup in each unit.Eight units are on month to month and two units-leases with be up in less than six months.Underground gated parking, also condo conversion opportunity available. Located centrally in mid-wilshire, and close proximity to a wide array of entertainment,dining and shopping. Located near the Grove, Beverly Center, and Cedar Sinai Hospital.
Price
Sold Price:
$3,600,000
Sold Date:01/28/2014
Los Angeles
11,760 (approx)
13711965
Closed
Description
No rent control 10 unit apartment building providing an investment opportunity for an astute investor with the rare and unique opportunity to acquire a pride of ownership asset in a centrally located and popular neighborhood with an ability to improve cashflow by capturing the 15%+loss-to-lease. Each unit is a townhome with 2 bedrooms/2.5 baths, large living room with fireplace and a side-by-side washer-dryer hookup in each unit.Eight units are on month to month and two units-leases with be up in less than six months.Underground gated parking, also condo conversion opportunity available. Located centrally in mid-wilshire, and close proximity to a wide array of entertainment,dining and shopping. Located near the Grove, Beverly Center, and Cedar Sinai Hospital.
Listing Information
Property Type: Multi-Family
8,840 Sq. Ft. Vendor Enhanced (N) 11,760 (approx)
Vendor Enhanced (N) $340.05 1990
10 Total
Neighborhood
Room Information
Interior Features
Dishwasher, Gas Or Electric Dryer Hookup, Built-Ins, Range
Air Cond. Unit
Central
Exterior / Lot Features
20 Parking Spaces, Gated Underground Parking
LAR3
Cable TV
Driving Directions
1 block s of pico, 2 blocks w of fairfax
Financial Considerations
5068016009
20512.0000
Income ,$52,477
Semi Annually
Listing Price History

LOS ANGELES Real Estate

LOS ANGELES is located in California. LOS ANGELES, California 90035 has a population of  3,792,621.

The median household income in LOS ANGELES, California 90035 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 90035 is 34.2 years.

Sales History
Tax Info
Listing Provided Courtesy Of: Century 2000 Realty Philip Saunders
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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