1325 W 87TH Street

    Los Angeles (City), CA 90044
    • $884,000
    • STATUS: Active
    • ON SITE: 309 days
    • ID#: 19456118
    UPDATED: 62 min ago
    $884,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1965
    County:

    School Ratings & Info

    Description

    LOCATION! LOCATION! AND CASH FLOW!!! This Fourplex is with established tenants in place. The subject consist of 4 units attached. All 4 units will be delivered occupied (Great tenants!), not pro-forma. Each unit features 2 bedrooms and 1 bathroom. Units have washer and dryer hook ups. There is a s a single converted garage may not be permitted. 4 parking spaces plus 3 car garages, accessible from the alley. Centrally located to schools, public transit, 110 and the 105 freeway. Less than 3 miles from Hollywood Park. Minutes away from downtown Los Angeles, USC Village and much more. Definitely a great hold for any investor or developer. Do not disturb tenants. Buyer to verify all information herein.Great investment and cash flow. Low expenses, Seller is doing 1031 Exchange not expenses to the buyer

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-27T20:31:17.817. 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 The Costantino Group | Cal American Homes and Realty. Licensed in the State of California, USA.

    www.livelovethefoothills.com/homes/93974599

    1325 W 87TH Street Los Angeles (City), CA 90044

    • Price: $884,000
    • Status: Active
    • Updated: 62 min ago
    • ID#: 19456118
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1965
    Built
    Neighborhood:
    C36 - Metropolitan Southwest
    County:
    Los Angeles
    Area:
    C36 - Metropolitan Southwest
    Property Description
    LOCATION! LOCATION! AND CASH FLOW!!! This Fourplex is with established tenants in place. The subject consist of 4 units attached. All 4 units will be delivered occupied (Great tenants!), not pro-forma. Each unit features 2 bedrooms and 1 bathroom. Units have washer and dryer hook ups. There is a s a single converted garage may not be permitted. 4 parking spaces plus 3 car garages, accessible from the alley. Centrally located to schools, public transit, 110 and the 105 freeway. Less than 3 miles from Hollywood Park. Minutes away from downtown Los Angeles, USC Village and much more. Definitely a great hold for any investor or developer. Do not disturb tenants. Buyer to verify all information herein.Great investment and cash flow. Low expenses, Seller is doing 1031 Exchange not expenses to the buyer
    Exterior Features

    Parking Features Attached Carport Parking YN Yes

    Interior Features

    Heating Electric Heating YN Yes

    Property Features

    Additional Parcels YN No Gross Income 69000.00 Gross Multiplier 13.00 Gross Operating Income 69000.00 Net Operating Income 48812.00 Senior Community YN No Special Listing Conditions Standard Zoning Lcr320u*

    Listing provided courtesy of Patricia Malik of Gene Armstrong Inc


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-27T20:31:17.817. 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 The Costantino Group | Cal American Homes and Realty. Licensed in the State of California, USA.

     
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    Claremont CA, 91711