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Listing Details

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School Ratings & Info

Description

6019 8th Avenue is a 6-unit property located in the rapidly improving area of South Los Angeles. The property consists of three 2+1's, two 3+2's, and one 2+2. Five of the six units have been tastefully renovated, including stainless steel appliances and reimagined kitchens and bathrooms. Additionally, the property is fully parked and is individually metered for gas and electricity. There is also on-site laundry with owned machines for extra income. 6019 8th Avenue is central to major employment, freeways, and points of interest alike. Most errands can be accomplished by foot or with a short car ride. Moreover, the property lies a mere 2.8 miles from the brand new SoFi Stadium development, 4 miles from the LA Memorial Coliseum and University of Southern California campus, and 3.9 miles from the Kenneth Hahn State Recreation Area. Tenants with young children will enjoy walking them to either 59th Street Elementary School or Hyde Park Elementary School. The property is also a short 5 minute drive to the Van Ness Recreation Center and a variety of dining and shopping options. This is an excellent opportunity to acquire an investment property with steady and reliable cash flow with additional future upside.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-21T11:26:42.917. 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/119383334
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6019 8Th Avenue Los Angeles (City), CA 90043

  • Price: $1,849,000
  • Status: Active
  • Updated: 51 min ago
  • ID#: 21761706
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1962
Built
Neighborhood:
PHHT - Park Hills Heights
County:
Los Angeles
Area:
PHHT - Park Hills Heights
Property Description
6019 8th Avenue is a 6-unit property located in the rapidly improving area of South Los Angeles. The property consists of three 2+1's, two 3+2's, and one 2+2. Five of the six units have been tastefully renovated, including stainless steel appliances and reimagined kitchens and bathrooms. Additionally, the property is fully parked and is individually metered for gas and electricity. There is also on-site laundry with owned machines for extra income. 6019 8th Avenue is central to major employment, freeways, and points of interest alike. Most errands can be accomplished by foot or with a short car ride. Moreover, the property lies a mere 2.8 miles from the brand new SoFi Stadium development, 4 miles from the LA Memorial Coliseum and University of Southern California campus, and 3.9 miles from the Kenneth Hahn State Recreation Area. Tenants with young children will enjoy walking them to either 59th Street Elementary School or Hyde Park Elementary School. The property is also a short 5 minute drive to the Van Ness Recreation Center and a variety of dining and shopping options. This is an excellent opportunity to acquire an investment property with steady and reliable cash flow with additional future upside.
Exterior Features

Carport YN Yes Parking Features CoveredCarportPrivateUncovered

Interior Features

Appliances DisposalRefrigerator Cooling None Cooling YN No

Property Features

Disclosures Rent Control Gross Income 127704 Laundry Features Common AreaLaundry Room Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 86523 Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 1 Zoning Lar3

Listing provided courtesy of Jordan Peikin of Clement Partners Real Estate and Nathan Richards of Nathan Richards


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-21T11:26:42.917. 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