Real Estate and Homes   USA   CA   Greater LA   Los Angeles   Single-Family Home   9 BR -

W Th St, Los Angeles, Home For Sale

Yoon Sun Kwak

This listing was posted on RealtyWW.

$1,375,000

W Th St, Los Angeles, Home For Sale

Price:
$1,375,000
BR/BA:
9 BR, 6 BA
Location:
2300 W 12th St, Los Angeles, CA
Description:

We are pleased to present this great investment income property in the heart of Los Angeles nearby Downtown LA (LA Convention Center, Crypto.com Arena, USC) and Korea-Town (bars, restaurants, and cafes). The Mid-Wilshire area is a highly dense neighborhood with high occupancy rates. The property has 6-Units and is Zoned LAR4 for future development potential on the corner of Hoover St. and 12th St. All tenants are current on rent. This 2-story apartment is an expansive 4, 032 SF on a 6, 272 SF lot with 10 parking spaces. Units consist of one 3 beds and 2 baths unit, one 2 beds and 1 bath unit, two 1 bed and 1 bath units, and two studio units. Easy access to the 10, 101, and 110 freeways. The cap rate of 5.9% is based on current gross income ($114, 300) and expenses with the new property tax amount at the asking price of $1, 375, 000.For more details: https://realtyww.info/homes_los-angeles-d523223/for-sale_i77535206
Property Type:
Single-Family Houses
Amenities:
Parking
Posted:
November 4 on RealtyWW
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