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Real Living Pacific Realty
27281 Las Ramblas
Mission Viejo CA 92691
(800)660-9140
1240 West 105th Street,  LOS ANGELES CA, 90044 (Active)
$4,200,000
|
31,444 sqft
|
MLS# PW13035496
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Last Updated: 5/22/2013 5:15 AM
Description for 1240 West 105th Street LOS ANGELES, CA 90044
We are proud to present a 42-unit apartment building located at 1230-1240 West 105th Street in a non-rent control community of Los Angeles. The subject property is located one block east of Normandie Avenue and five blocks south of Century Boulevard. Built in 1965, these two story walk-up style buildings consists of 17 one-bedroom/one-bath units and 25 two-bedrooms/one-bath units. The building is comprised of approximately 31,444 rentable square feet spread across a 36,814-square foot lot. Some units have been rehabbed with hardwood flooring, new windows, new cabinets and new countertops. The property is separately metered for gas and electricity. There are 42 tuck under parking spaces to accommodate the tenants, as well as a laundry room which generates income. This is a great opportunity to acquire a well maintained asset conveniently located near the 105 and 110 freeways. Surrounding the property you will find Woodcrest Elementary, Woodcrest Christian, Los Angeles County Library, Los Angeles Southwest College Library, Food 4 Less, Starbucks and Ralphs. The strong demographics and rent growth in this non-rent controlled area makes this a brilliant addition to any investor's portfolio.
Price
$4,200,000
Los Angeles
31,444 (approx)
PW13035496
Active
Description
We are proud to present a 42-unit apartment building located at 1230-1240 West 105th Street in a non-rent control community of Los Angeles. The subject property is located one block east of Normandie Avenue and five blocks south of Century Boulevard. Built in 1965, these two story walk-up style buildings consists of 17 one-bedroom/one-bath units and 25 two-bedrooms/one-bath units. The building is comprised of approximately 31,444 rentable square feet spread across a 36,814-square foot lot. Some units have been rehabbed with hardwood flooring, new windows, new cabinets and new countertops. The property is separately metered for gas and electricity. There are 42 tuck under parking spaces to accommodate the tenants, as well as a laundry room which generates income. This is a great opportunity to acquire a well maintained asset conveniently located near the 105 and 110 freeways. Surrounding the property you will find Woodcrest Elementary, Woodcrest Christian, Los Angeles County Library, Los Angeles Southwest College Library, Food 4 Less, Starbucks and Ralphs. The strong demographics and rent growth in this non-rent controlled area makes this a brilliant addition to any investor's portfolio.
Listing Information
Property Type: Multi-Family
36,814 Sq. Ft. Public Records 31,444 (approx)
$133.57 1965
Public, Water District
Unknown
42 Total
Neighborhood
Room Information
Exterior / Lot Features
42 Carport Spaces, 42 Parking Spaces
None
No Pool
Sidewalks
Driving Directions
Google Map
Financial Considerations
6060012025
$69,300
2011
Cash To New Loan
Income ,$161,623
456244.0000
Semi Annually
Listing Price History

LOS ANGELES Real Estate

LOS ANGELES is located in California. LOS ANGELES, California 90044 has a population of  3,792,621.

The median household income in LOS ANGELES, California 90044 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 90044 is 34.2 years.

Sales History
Tax Info
Listing Provided Courtesy Of: Marcus & Millichap
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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505441 - Real Living Pacific Realty