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    4938 Gambier Street

    Los Angeles (City), CA 90032
    • $1,000,000
    • STATUS: Pending
    • ON SITE: 51 days
    • ID#: PW21060316
    Pending
    UPDATED: 44 min ago
    $1,000,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,455
      SQFT
    • $289
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:

    School Ratings & Info

    Description

    4938 Gambier Street is a four-unit apartment property in Los Angeles desirable El Sereno neighborhood, where the median home price has increased 8.5% in just the past year. The property is located two blocks from El Sereno Middle School and two miles from Cal State Los Angeles and the 710 and 10 freeways. 4938 Gambier Street is a 1920 construction that consists of two duplexes with all two-bedroom one-bath units and all units are separately metered for gas and electricity. The property also offers in-unit laundry hookups, eight surface parking spaces, and an underutilized back patio. Recent improvements include new electrical panels.This offering presents a great opportunity for an astute investor to acquire an asset in an up-and-coming neighborhood, reposition the property, and capture substantial rental upside.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-14T18:37:53.58. 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/115385725
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    4938 Gambier Street Los Angeles (City), CA 90032

    • Price: $1,000,000
    • Status: Pending
    • Updated: 44 min ago
    • ID#: PW21060316
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    3,455
    SQFT
    $289
    $/SQFT
    1920
    Built
    Neighborhood:
    621 - El Sereno
    County:
    Los Angeles
    Area:
    621 - El Sereno
    Property Description
    4938 Gambier Street is a four-unit apartment property in Los Angeles desirable El Sereno neighborhood, where the median home price has increased 8.5% in just the past year. The property is located two blocks from El Sereno Middle School and two miles from Cal State Los Angeles and the 710 and 10 freeways. 4938 Gambier Street is a 1920 construction that consists of two duplexes with all two-bedroom one-bath units and all units are separately metered for gas and electricity. The property also offers in-unit laundry hookups, eight surface parking spaces, and an underutilized back patio. Recent improvements include new electrical panels.This offering presents a great opportunity for an astute investor to acquire an asset in an up-and-coming neighborhood, reposition the property, and capture substantial rental upside.
    Exterior Features

    Lot Features Rectangular Lot Number Of Separate Electric Meters 4 Open Parking Spaces 8 Parking Total 8 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Common Walls No Common Walls

    Property Features

    Additional Parcels YN No Common Interest None Community Features Suburban Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 60770 Gross Scheduled Income 60770 Insurance Expense 0 Land Lease YN No Laundry Features Washer HookupElectric Dryer Hookup Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 38981 New Construction YN No New Taxes Expense 0 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 0 Operating Expense 20217 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning Lard3

    Listing provided courtesy of Steven Bogoyevac of Steven M. Bogoyevac, Broker and David O'keefe of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-14T18:37:53.58. 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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