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    1/2 BATHS
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Listing Details

Status
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On Site
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On Market
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MLS #
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Neighborhood
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Type
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Built
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School Ratings & Info

Description

Great investment opportunity in the bustling city of Downtown L.A.! On the corner of West 8th Street and Hartford Avenue is a neat income property offers 22 units within a 7,143-sqft building. Inside, the property has a community laundry area located on the first floor of the structure, includes two community kitchen areas, private bathrooms for a select four units, and four communal bathrooms for the remaining eighteen units. At present, all units are occupied with varying rental amounts. With easy access to public transportation, local dining, and markets, this property is an ideal location for potential tenants. Theres plenty of potential with this property and provides many possibilities! Find out more today!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-16T17:33:05.913. 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 Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center. Licensed in the State of California, USA.
www.marknazzalrealty.com/homes/119963522
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1231 W 8Th Street Los Angeles (City), CA 90017

  • Price: $2,800,000
  • Status: Active
  • Updated: 46 min ago
  • ID#: 21767150
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1907
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
Great investment opportunity in the bustling city of Downtown L.A.! On the corner of West 8th Street and Hartford Avenue is a neat income property offers 22 units within a 7,143-sqft building. Inside, the property has a community laundry area located on the first floor of the structure, includes two community kitchen areas, private bathrooms for a select four units, and four communal bathrooms for the remaining eighteen units. At present, all units are occupied with varying rental amounts. With easy access to public transportation, local dining, and markets, this property is an ideal location for potential tenants. Theres plenty of potential with this property and provides many possibilities! Find out more today!
Exterior Features

Number Of Separate Electric Meters 4 Parking Features None Parking Total 0 Pool Features None Pool Private YN No

Interior Features

Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes

Property Features

Garage YN No Gross Income 15823 Levels Multi/Split Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Net Operating Income 169850 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Security Features Security Gate Senior Community YN No Special Listing Conditions Standard Total Actual Rent 241850 Zoning Lacw

Listing provided courtesy of Chad Schlotterback of Beverly And Company, Inc.


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-16T17:33:05.913. 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 Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center. Licensed in the State of California, USA.
 
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Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center
1473 Ford St., Suite 200
Redlands CA, 92373