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4070 S San Pedro Street

Los Angeles (City), CA 90011
  • $1,189,000
  • STATUS: Active
  • ON SITE: 59 Days
  • ID#: SR21220889
UPDATED: 139 min ago
$1,189,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1920
County:

School Ratings & Info

Listing Agent: Tanya Barkhordar of Shans International Realty Brokerage


Description

3 VACANT UNITS!!!! 5 unit building bringing in current cap rate of 6.5%, with market cap rate of almost 8%. 3 units WILL BE DELIEVERED VACANT!!! (3) 1bedroom1 bath residential units and 2 commercial front units. 2 VACANT RESIDENTIAL UNITS, SECTION 8 APRROVED FOR RENT OF $1769, IF NEW OWNER WOULD LIKE TO FILL. 1 of the residential have been fully renovated, along with 1 of the stores in the front has been remodeled . This is a great INCOME GENERATING PROPERTY!! READY TO GO WITH 3 VACANT UNITS. Entire building electrical HAS BEEN UPDATED, ENTIRE BUILDING PLUMBING HAS BEEN UPDATED ( 7 years old only )! Building is super close to usc.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-04T00:27:26.463. 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 Realty ONE Group Southwest. Licensed in the State of California, USA.
www.necolrealty.com/homes/122087401
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4070 S San Pedro Street Los Angeles (City), CA 90011

  • Price: $1,189,000
  • Status: Active
  • On Site: 59 Days
  • Updated: 139 min ago
  • ID#: SR21220889
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1920
Built
Neighborhood:
699 - Not Defined
County:
Los Angeles
Area:
699 - Not Defined
Property Description
3 VACANT UNITS!!!! 5 unit building bringing in current cap rate of 6.5%, with market cap rate of almost 8%. 3 units WILL BE DELIEVERED VACANT!!! (3) 1bedroom1 bath residential units and 2 commercial front units. 2 VACANT RESIDENTIAL UNITS, SECTION 8 APRROVED FOR RENT OF $1769, IF NEW OWNER WOULD LIKE TO FILL. 1 of the residential have been fully renovated, along with 1 of the stores in the front has been remodeled . This is a great INCOME GENERATING PROPERTY!! READY TO GO WITH 3 VACANT UNITS. Entire building electrical HAS BEEN UPDATED, ENTIRE BUILDING PLUMBING HAS BEEN UPDATED ( 7 years old only )! Building is super close to usc.
Exterior Features

Lot Features 2-5 Units/Acre

Property Features

Additional Parcels YN No Common Interest None Electric Expense 0 Gross Scheduled Income 60048 Insurance Expense 1500 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Net Operating Income 0 Number Of Units Leased 4 Operating Expense 0 Property Sub Type Mixed Use Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 500 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-04T00:27:26.463. 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 Realty ONE Group Southwest. Licensed in the State of California, USA.
 
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Realty ONE Group Southwest
41463 Margarita Rd. Suite 100
Temecula CA, 92591
Listing Agent: Tanya Barkhordar of Shans International Realty Brokerage