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    1/2 BATHS
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    $/SQFT

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

Location! Location! Tons of potential & upside with this Pico Union Residential Income property. Downstair is a 2 bedroom, 2 living rooms & 2 full bathrooms and 1 kitchen. 2 parking spots, small storage shed in the common area. Upstairs is divided into 4 SROs that share 1 restroom & 1 kitchen, + 1 Studio with its own kitchen & bathroom. 2 SRO's will be delivered vacant! There is also a income generating billboard on the property currently has a lease for $125.00 a month under current contract ends in 1 year, in which time the value could be renegotiated. Property profile shows building characteristics as a duplex. Buyer & Buyer's agent to do their own due diligence.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-20T12:29:02.607. 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/119871315
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1615 W 11th Street Los Angeles (City), CA 90015

  • Price: $729,000
  • Status: Active
  • Updated: 26 min ago
  • ID#: SB21167239
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1905
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
Location! Location! Tons of potential & upside with this Pico Union Residential Income property. Downstair is a 2 bedroom, 2 living rooms & 2 full bathrooms and 1 kitchen. 2 parking spots, small storage shed in the common area. Upstairs is divided into 4 SROs that share 1 restroom & 1 kitchen, + 1 Studio with its own kitchen & bathroom. 2 SRO's will be delivered vacant! There is also a income generating billboard on the property currently has a lease for $125.00 a month under current contract ends in 1 year, in which time the value could be renegotiated. Property profile shows building characteristics as a duplex. Buyer & Buyer's agent to do their own due diligence.
Exterior Features

Lot Features Corner LotFront Yard Number Of Separate Electric Meters 2 Open Parking Spaces 2 Parking Total 2 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features Street LightsSidewalksUrban Electric Expense 500 Fuel Expense 200 Garage YN No Gross Income 4204 Gross Scheduled Income 4204 Insurance Expense 800 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Net Operating Income 4004 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 200 Property Sub Type Duplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 500 Water Sewer Expense 650 Water Source Public Zoning Lac1

Listing provided courtesy of Alex Sanchez of Realty One Group United


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-20T12:29:02.607. 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