520--522 W Colden Avenue

    Los Angeles (City), CA 90044
    • $699,888
    • STATUS: Active Under Contract
    • ON SITE: 89 days
    • ID#: OC18147027
    Under Contract
    UPDATED: 58 min ago
    $699,888
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,392
      SQFT
    • $293
      $/SQFT
    Type:
    Multi-Family
    Built:
    2008
    County:

    School Ratings & Info

    Description

    NEWER FULLY OCCUPIED DUPLEX CASH-FLOWS LIKE AN INVESTOR'S DREAM! TWO 4-BED/2-BATH UNITS ON LARGE RD-2 LOT IN TIER 1 TOD ZONE = BUILD 4 ADDITIONAL UNITS FOR 6 X $2,750.00 PER MONTH ($16,500 GSI). BEST CAP RATE IN LOS ANGELES, PRICE REDUCED TO SELL, NO RENT CONTROL, EXCELLENT EXISTING CASH FLOW WITH ADDITIONAL UPSIDE DEVELOPMENT POTENTIAL (buyer to verify all information provided).

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-09-18T21:28:43.487. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.kimmeeker.com/homes/84827741

    520--522 W Colden Avenue Los Angeles (City), CA 90044

    • Price: $699,888
    • Status: Active Under Contract
    • Updated: 58 min ago
    • ID#: OC18147027
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,392
    SQFT
    $293
    $/SQFT
    2008
    Built
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    Property Description
    NEWER FULLY OCCUPIED DUPLEX CASH-FLOWS LIKE AN INVESTOR'S DREAM! TWO 4-BED/2-BATH UNITS ON LARGE RD-2 LOT IN TIER 1 TOD ZONE = BUILD 4 ADDITIONAL UNITS FOR 6 X $2,750.00 PER MONTH ($16,500 GSI). BEST CAP RATE IN LOS ANGELES, PRICE REDUCED TO SELL, NO RENT CONTROL, EXCELLENT EXISTING CASH FLOW WITH ADDITIONAL UPSIDE DEVELOPMENT POTENTIAL (buyer to verify all information provided).
    Exterior Features

    Garage Spaces 2.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 4.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Laundry Features Gas Dryer HookupWasher Hookup

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 9.16 Community Features Sidewalks Country Us Elevation Units Feet Garage Income 100.00 Garage Rental Rate 50.00 Gross Income 66540.00 Gross Multiplier 10.60 Gross Operating Income 62400.00 Gross Scheduled Income 66540.00 Insurance Expense 1200.00 Land Lease YN No Laundry YN Yes Net Operating Income 64140.00 New Taxes Expense 6999.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Wall AC 2 Number With Carpet 2 Number With Drapes 2 Number With Range 2 Number With Refrigerator 2 Operating Expense 2400.00 Property Sub Type Duplex Rent Control YN No Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGasParking Fee Total Expenses 9750.00 Trash Expense 600.00 Vacancy Allowance Rate 1.00 Water Sewer Expense 600.00 Water Source Public Year Built Source Assessor Zoning Lard2

    Listing provided courtesy of Omid Yousofi of Titan Pacific Group Inc and Milaad Forootan of Titan Pacific Group Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-09-18T21:28:43.487. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
    Realty One Group Southwest
    41463 Margarita Road #100
    Temecula CA, 92592