2437 Exposition Place

    Los Angeles (City), CA 90018
    • $665,000
    • STATUS: Closed
    • ON SITE: 240 days
    • ID#: 19516688
    Sold - 12/19/2019
    $665,000
    SOLD - 12/19/2019
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1958
    County:

    School Ratings & Info

    Description

    VALUE-ADD INVESTMENT OPPORTUNITY AVAILABLE IN RAPIDLY GROWING NEIGHBORHOOD! Great FHA or Owner-Occupier Opportunity.This one story triplex is nestled perfectly on a quiet side street, bordering Leimert Park & Jefferson Park, two of the most rapidly evolving neighborhoods in Los Angeles. The location offers easy access to the new Expo Line, Metro stops, 110 Fwy. / 10 Fwy., shopping, restaurants, local museums & parks, as well as Downtown L.A. & USC. Each unit is currently occupied (one unit will be DELIVERED VACANT at close of escrow). The measure roughly 525 sqft each, for a comfortable one bedroom / one bathroom setup, each w/ an open-air parking space. The building and property is in an overall good condition, with maintenance performed when needed. Disclosures - Sold AS-IS, as where the seller will not be making any improvements that extend past the government compliance requirements. Offering Memorandum available by request. OFFER DEADLINE - 10/11/2019 @ 2:00PM

    Sold by Demetrius Brown of Change Lives Real Estate.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-30T16:26:24.707. 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/99535945

    2437 Exposition Place Los Angeles (City), CA 90018

    • Price: $655,000
    • Status: Closed
    • Updated: 55 min ago
    • ID#: 19516688
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    1958
    Built
    Neighborhood:
    PHHT - Park Hills Heights
    County:
    Los Angeles
    Area:
    PHHT - Park Hills Heights
    Property Description
    VALUE-ADD INVESTMENT OPPORTUNITY AVAILABLE IN RAPIDLY GROWING NEIGHBORHOOD! Great FHA or Owner-Occupier Opportunity.This one story triplex is nestled perfectly on a quiet side street, bordering Leimert Park & Jefferson Park, two of the most rapidly evolving neighborhoods in Los Angeles. The location offers easy access to the new Expo Line, Metro stops, 110 Fwy. / 10 Fwy., shopping, restaurants, local museums & parks, as well as Downtown L.A. & USC. Each unit is currently occupied (one unit will be DELIVERED VACANT at close of escrow). The measure roughly 525 sqft each, for a comfortable one bedroom / one bathroom setup, each w/ an open-air parking space. The building and property is in an overall good condition, with maintenance performed when needed. Disclosures - Sold AS-IS, as where the seller will not be making any improvements that extend past the government compliance requirements. Offering Memorandum available by request. OFFER DEADLINE - 10/11/2019 @ 2:00PM
    Exterior Features

    Carport Spaces 0.00 Lot Size Units Square Feet Parking Features Driveway Parking Total 0.00 Parking YN Yes

    Property Features

    Additional Parcels YN No Gross Income 46308.00 Gross Multiplier 14.14 Gross Operating Income 44919.00 Net Operating Income 30512.00 Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Total Actual Rent 46308.00 Vacancy Allowance Rate 33.00 Zoning Lard1.5

    Listing provided courtesy of Sj Van Der Berg of Vault Brokerage


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-30T16:26:24.707. 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.

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