1882 W 20th Street

    Los Angeles (City), CA 90007
    • $3,900,000
    • STATUS: Active
    • ON SITE: 101 days
    • ID#: DW19242447
    UPDATED: 20 min ago
    $3,900,000
    • 0
      BEDS
    • 0.27
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,074
      SQFT
    • $483
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2019
    County:

    School Ratings & Info

    Description

    WE ARE PROUD TO PRESENT THIS BEAUTIFUL 2019 NEW CONSTRUCTION BROUGHT TO YOU BY ONE OF LA'S MOST REPUTABLE BUILDERS. LOCATED JUST WEST OF DTLA JUST RIGHT OFF THE 10 FREEWAY, 8 UNITS, ALL UNITS ARE 3 BED/ 2 BATHS, FOUR SEPARATE BUILDINGS WITH 2 UNITS IN EACH BUILDING, TWO STORY BUILDINGS, UNITS HAVE OPEN FLOOR PLANS WITH BRIGHT CLEAN DESIGNED, MASTER BEDROOM IN ALL UNITS, WALK IN CLOSETS, QUARTZ COUNTER TOPS IN KITCHEN AND BATHROOMS WITH CUSTOM DECORATIVE BACK SPLASH GLASS THROUGHOUT EACH UNIT, BALCONIES, WATER AND SCRATCH RESISTANT FLOORING, CUSTOM WINDOW SHADES, BLACKOUT SHADES IN ALL BEDROOMS, STAINLESS STEEL APPLIANCES, CUSTOM KITCHEN CABINETS, TWO-TONED INTERIOR PAINTING, HVAC SYSTEM IN ALL UNITS, LOW VOLTAGE LED RECESSED LIGHTING THROUGHOUT E/A UNIT, LAUNDRY ROOMS EACH UNIT WITH WASHER & DRYER, GREEN CERTIFIED, DROUGHT RESISTANT, HIGH QUALITY CONSTRUCTION FINISHED, GREAT PROPERTY TO MAINTAIN EASY PASSIVE INCOME, AUTOMATIC FIRE SPRINKLER SYSTEM THROUGHOUT ALL UNITS, PROPERTY WELL SECURED, PARKING FOR 16 CARS WITH DECORATIVE PAVERS, INDIVIDUAL METERS FOR EACH UNIT WATER, GAS, AND ELECTRIC. OVER ALL THIS IS VERY LOW MAINTENANCE PROPERTY, NO RENT CONTROL, CENTRALLY LOCATED,QUICK EASY DRIVE TO DTLA, WEST LA AND KOREA TOWN

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-01-24T20:30:48.74. 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 RE/MAX Masters. Licensed in the State of California, USA.

    www.bestlahomefinder.com/homes/99937942

    1882 W 20th Street Los Angeles (City), CA 90007

    • Price: $3,900,000
    • Status: Active
    • Updated: 20 min ago
    • ID#: DW19242447
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.27
    Acres
    8,074
    SQFT
    $483
    $/SQFT
    2019
    Built
    Neighborhood:
    C23 - Metropolitan
    County:
    Los Angeles
    Area:
    C23 - Metropolitan
    Property Description
    WE ARE PROUD TO PRESENT THIS BEAUTIFUL 2019 NEW CONSTRUCTION BROUGHT TO YOU BY ONE OF LA'S MOST REPUTABLE BUILDERS. LOCATED JUST WEST OF DTLA JUST RIGHT OFF THE 10 FREEWAY, 8 UNITS, ALL UNITS ARE 3 BED/ 2 BATHS, FOUR SEPARATE BUILDINGS WITH 2 UNITS IN EACH BUILDING, TWO STORY BUILDINGS, UNITS HAVE OPEN FLOOR PLANS WITH BRIGHT CLEAN DESIGNED, MASTER BEDROOM IN ALL UNITS, WALK IN CLOSETS, QUARTZ COUNTER TOPS IN KITCHEN AND BATHROOMS WITH CUSTOM DECORATIVE BACK SPLASH GLASS THROUGHOUT EACH UNIT, BALCONIES, WATER AND SCRATCH RESISTANT FLOORING, CUSTOM WINDOW SHADES, BLACKOUT SHADES IN ALL BEDROOMS, STAINLESS STEEL APPLIANCES, CUSTOM KITCHEN CABINETS, TWO-TONED INTERIOR PAINTING, HVAC SYSTEM IN ALL UNITS, LOW VOLTAGE LED RECESSED LIGHTING THROUGHOUT E/A UNIT, LAUNDRY ROOMS EACH UNIT WITH WASHER & DRYER, GREEN CERTIFIED, DROUGHT RESISTANT, HIGH QUALITY CONSTRUCTION FINISHED, GREAT PROPERTY TO MAINTAIN EASY PASSIVE INCOME, AUTOMATIC FIRE SPRINKLER SYSTEM THROUGHOUT ALL UNITS, PROPERTY WELL SECURED, PARKING FOR 16 CARS WITH DECORATIVE PAVERS, INDIVIDUAL METERS FOR EACH UNIT WATER, GAS, AND ELECTRIC. OVER ALL THIS IS VERY LOW MAINTENANCE PROPERTY, NO RENT CONTROL, CENTRALLY LOCATED,QUICK EASY DRIVE TO DTLA, WEST LA AND KOREA TOWN
    Exterior Features

    Architectural Style Contemporary Carport Spaces 0.00 Construction Materials Drywall WallsFrameStucco Fence YN Yes Fencing BlockElectricNew ConditionPrivacyWrought Iron Foundation Details Slab Garage Spaces 0.00 Lot Features 6-10 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 16.00 Pool Features None Pool Private YN No Property Attached YN Yes Roof CompositionFlat View HillsLandmarkNeighborhoodPanoramic View YN Yes

    Interior Features

    Appliances 6 Burner StoveDishwasherEnergy Star Qualified AppliancesGas RangeHigh Efficiency Water HeaterMicrowaveRefrigeratorWater HeaterWater Line To Refrigerator Appliances YN Yes 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 Cooling Central AirElectricGasEnergy Star Qualified Equipment Cooling YN Yes Door Features Panel DoorsSliding Doors Fireplace Features None Fireplace YN No Flooring LaminateTile Heating CentralForced AirElectricNatural GasEnergy Star Qualified Equipment Heating YN Yes Interior Features BalconyRecessed Lighting Laundry Features Dryer IncludedGas & Electric Dryer HookupIn ClosetIn GarageInsideWasher HookupWasher Included Levels Two Room Type KitchenMaster BathroomWalk-In Closet Window Features BlindsCustom CoveringDouble Pane WindowsEnergy Star Qualified Windows

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 5.40 Community Features SidewalksStreet Lights Country Us Electric Standard Electric Expense 1600.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 278400.00 Gross Multiplier 14.01 Gross Scheduled Income 278400.00 Insurance Expense 2826.00 Land Lease YN No Laundry YN Yes Licenses Expense 150.00 Maintenance Expense 3200.00 Net Operating Income 215214.00 New Construction YN Yes New Taxes Expense 46410.00 Number Of Separate Electric Meters 8 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 8 Operating Expense 63186.00 Other Expense 2500.00 Other Expense Description Uto Professional Management Expense 6500.00 Property Condition Building Permit Rent Control YN No Security Features Automatic GateCarbon Monoxide Detector(S)Fire Sprinkler SystemSecurity LightsSmoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 278400.00 Total Expenses 63186.00 Trash Expense 0.00 Utilities Electricity AvailableNatural Gas AvailableSewer ConnectedWater Available Water Sewer Expense 0.00 Water Source Public Year Built Source Builder Zoning Lar3

    Listing provided courtesy of Joe Vivanco of Intero Real Estate Services


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-01-24T20:30:48.74. 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 RE/MAX Masters. Licensed in the State of California, USA.

     
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