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Listing Details

Status
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On Site
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MLS #
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Neighborhood
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Type
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School Ratings & Info

Description

Great Upside income and incredible opportunity of the most apricated zip code in the USA , Seller willing to carry 2nd , so you can come in with low down payment, Do not disturb tenants. Due to covid-19 restrictions and the sensitivity of the tenants, there will be no interior tours until the property is under contract. Buyer must assume the current Chase loan or pay the prepayment penalty and cooperate with Seller's 1031 exchange or Deferred Sales Trust. ADU Unit quote of $188,000 available for the garage to be converted into a two-bedroom unit.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-20T15:32:08.883. 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/116949022
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1296 S Citrus Avenue Los Angeles (City), CA 90019

  • Price: $2,097,000
  • Status: Active
  • Updated: 26 min ago
  • ID#: 21729536
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Beds
0
Baths
0
½ Baths
0.16
Acres
1927
Built
Neighborhood:
C18 - Hancock Park-Wilshire
County:
Los Angeles
Area:
C18 - Hancock Park-Wilshire
Property Description
Great Upside income and incredible opportunity of the most apricated zip code in the USA , Seller willing to carry 2nd , so you can come in with low down payment, Do not disturb tenants. Due to covid-19 restrictions and the sensitivity of the tenants, there will be no interior tours until the property is under contract. Buyer must assume the current Chase loan or pay the prepayment penalty and cooperate with Seller's 1031 exchange or Deferred Sales Trust. ADU Unit quote of $188,000 available for the garage to be converted into a two-bedroom unit.
Exterior Features

Carport Spaces 4 Carport YN Yes Construction Materials Stucco Direction Faces South Foundation Details Raised Parking Features CarportDoor-MultiGarageOn Street Parking Total 6 Roof CompositionShingle Spa Features None Spa YN No

Interior Features

Appliances Refrigerator Flooring LaminateWood Window Features Double Pane Windows

Property Features

Additional Parcels YN No Buyer Financing Assumed Community Features Gated Garage YN Yes Gross Income 53848 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 53848 Rent Control YN Yes Security Features Gated Community Senior Community YN No Special Listing Conditions Standard Tenant Pays Cable TvElectricityGasTrash Collection Vacancy Allowance Rate 0 Zoning Lar3

Listing provided courtesy of Simon Stone of Exp Realty Of California Inc


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-20T15:32:08.883. 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