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    1607 Manning Avenue

    Westwood - Century City, CA 90024
    • $3,100,000
    • STATUS: Active
    • ON SITE: 11 days
    • ID#: SR20237882
    UPDATED: 65 min ago
    $3,100,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,283
      SQFT
    • $587
      $/SQFT
    Type:
    Commercial
    Built:
    1954
    County:

    School Ratings & Info

    Description

    This has been a Family Owned Property since 1954. Great Opportunity for Builders or Investors. This is a Prime Westwood Location. Close to Restaurants, University of California (UCLA), Shopping, with in walking distance to Places of Worship and Freeway. This 6 Unit apartment building is fully rented and has never been on the market. There are 5 parking spaces and on for street parking. There is a Laundry room located in the center portion of the building. Please Do Not Disturb Occupants. This Property falls under Los Angeles Rent Control. Please Verify all Information. Financial Data are Estimates

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-24T20:30:58.927. 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, LA Harbor. Licensed in the State of California, USA.

    www.sellinglasouthbay.com/homes/111824856
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    1607 Manning Avenue Westwood - Century City, CA 90024

    • Price: $3,100,000
    • Status: Active
    • Updated: 65 min ago
    • ID#: SR20237882
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    5,283
    SQFT
    $587
    $/SQFT
    1954
    Built
    Neighborhood:
    C05 - Westwood - Century City
    County:
    Los Angeles
    Area:
    C05 - Westwood - Century City
    Property Description
    This has been a Family Owned Property since 1954. Great Opportunity for Builders or Investors. This is a Prime Westwood Location. Close to Restaurants, University of California (UCLA), Shopping, with in walking distance to Places of Worship and Freeway. This 6 Unit apartment building is fully rented and has never been on the market. There are 5 parking spaces and on for street parking. There is a Laundry room located in the center portion of the building. Please Do Not Disturb Occupants. This Property falls under Los Angeles Rent Control. Please Verify all Information. Financial Data are Estimates
    Exterior Features

    Carport Spaces 5.00 Construction Materials FrameStucco Fence YN Yes Fencing BlockChain LinkWood Lot Features Gentle SlopingIrregular LotUp Slope From Street Lot Size Dimensions 6463 Lot Size Source Assessor Lot Size Units Square Feet Parking Total 5.00 Roof Flat

    Interior Features

    Condo Area Units Square Feet Cooling Wall/Window Unit(S) Cooling YN Yes Heating Wall FurnaceNatural Gas Heating YN Yes Laundry Features Common Area

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Building Status Existing Country Us Current Financing None Electric Electricity - On Property Electric Expense 818.17 Insurance Expense 15559.00 Investment Property YN Yes Land Use Multi-Family Laundry Income 635.79 Laundry YN Yes Leasable Area Units Square Feet Lot Dimensions Source Public Records Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 67016.26 Number Of Units Leased 6 Professional Management Expense 8885.75 Property Sub Type Multi Family Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Special Listing Conditions Standard Tax Annual Amount 3794.54 Tax Year 2019 Total Expenses 77929.70 Total Monthly Rent 11880 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 2524.98 Water Source Public Zoning Lar3

    Listing provided courtesy of Michele Woods of The Olson Agency


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-24T20:30:58.927. 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, LA Harbor. Licensed in the State of California, USA.

     
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    Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor
    28901 S. Western Avenue #139
    Rancho Palos Verdes CA, 90731