2437 Exposition Place

    Los Angeles (City), CA 90018
    • $655,000
    • STATUS: Active Under Contract
    • ON SITE: 42 days
    • ID#: 19516688
    Under Contract
    UPDATED: 38 min ago
    $655,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,575
      SQFT
    • $416
      $/SQFT
    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

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-14T12:30:20.533. 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 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: Active Under Contract
    • Updated: 38 min ago
    • ID#: 19516688
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    1,575
    SQFT
    $416
    $/SQFT
    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

    Interior Features

    Laundry Features See Remarks

    Property Features

    Cap Rate 4.66 Gross Multiplier 14.14 Gross Operating Income 44919.00 Improvements Amount 99331 Land Value 193608 Laundry YN Yes Net Operating Income 30512.00 Special Listing Conditions Standard Total Actual Rent 46308.00 Total Expenses 14407.00 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 2019-11-14T12:30:20.533. 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 Keller Williams Realty, LA Harbor. Licensed in the State of California, USA.
     
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