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    1/2 BATHS
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Listing Details

Status
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On Site
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On Market
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MLS #
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Neighborhood
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Type
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Built
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County
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School Ratings & Info

Description

A great investment property perfect for the investor client to add to his portfolio or for your 1031 clients. This 6 unit single building sits at the corner of Victoria and Corinth at the enclave of a much sought after residential neighborhood. In anticipation of selling the owner has left 3 units vacant. All units are 2 bedrooms and 1 bath with varying degrees of remodeling and each having either a private balcony or patio. Parking consists of carport parking with storage units. Coin laundry owned by the Seller. All units have individual addresses. Cap rate and GRM are calculated on actual with 3 units vacant during the last quarter. Buyer to cooperate in a 1031 tax deferred exchange at no cost to the Buyer.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-21T00:27:35.857. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
www.sellinglasouthbay.com/homes/120241088
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11316 Victoria Avenue Los Angeles (City), CA 90066

  • Price: $2,999,000
  • Status: Active
  • ID#: 21768246
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1955
Built
Neighborhood:
C13 - Palms - Mar Vista
County:
Los Angeles
Area:
C13 - Palms - Mar Vista
Property Description
A great investment property perfect for the investor client to add to his portfolio or for your 1031 clients. This 6 unit single building sits at the corner of Victoria and Corinth at the enclave of a much sought after residential neighborhood. In anticipation of selling the owner has left 3 units vacant. All units are 2 bedrooms and 1 bath with varying degrees of remodeling and each having either a private balcony or patio. Parking consists of carport parking with storage units. Coin laundry owned by the Seller. All units have individual addresses. Cap rate and GRM are calculated on actual with 3 units vacant during the last quarter. Buyer to cooperate in a 1031 tax deferred exchange at no cost to the Buyer.
Exterior Features

Carport Spaces 4 Carport YN Yes Parking Features Attached CarportAssigned Parking Total 4

Interior Features

Appliances DishwasherDisposalRefrigerator Cooling None Cooling YN No

Property Features

Gross Income 116 Insurance Expense 4247 Listing Agreement Exclusive Right To Sell Listing Service Full Service Maintenance Expense 4343 Net Operating Income 109496 New Taxes Expense 5785 Senior Community YN No Special Listing Conditions Standard Trash Expense 2954 Vacancy Allowance Rate 0 Zoning Lar3

Listing provided courtesy of Robin Dahlstrom of Re/Max Estate Properties


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-21T00:27:35.857. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
 
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Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay
23670 Hawthorne Blvd. #100
Torrance CA, 90505