5233 Stratford Road

    Los Angeles (City), CA 90042
    • $1,745,000
    • STATUS: Active Under Contract
    • ON SITE: 47 days
    • ID#: 19506230
    Under Contract
    UPDATED: 81 min ago
    $1,745,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,750
      SQFT
    • $635
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1926
    County:

    School Ratings & Info

    Description

    Trophy 4 unit property in the heart of red-hot Highland Park. Walking distance to all the shops and restaurants on York Blvd. 2 Detached houses + 1 Duplex + bonus area. Look at the VR Tour to view each unit. The back 2 houses have been remodeled and tastefully done with all of the amenities of a high-end house. The back house features 2br+2ba, Hardwood floors, central a/c, large kitchen with quartz counters, SS appliances, private laundry. Awesome tiled bathrooms- one with a walk-in shower, the other with a clawfoot tub. Huge private deck and patio and a large detached office. Middle house features: 2+2, Hwd Floors, open beamed ceiling, updated kitchen, 2 custom tiled bathrooms with walk-in shower. Private patio area, Private laundry, central a/c. Front building host 2- 1+1 units, hwd floors, original period details throughout, wall A/C unit. The large common garden area hosts many fruit trees, veggie garden, bbq area. Great investment with upside/ 1031 exchange/ or to live in.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-23T16:38:14.263. 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/98697492

    5233 Stratford Road Los Angeles (City), CA 90042

    • Price: $1,745,000
    • Status: Active Under Contract
    • Updated: 81 min ago
    • ID#: 19506230
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,750
    SQFT
    $635
    $/SQFT
    1926
    Built
    Neighborhood:
    632 - Highland Park
    County:
    Los Angeles
    Area:
    632 - Highland Park
    Property Description
    Trophy 4 unit property in the heart of red-hot Highland Park. Walking distance to all the shops and restaurants on York Blvd. 2 Detached houses + 1 Duplex + bonus area. Look at the VR Tour to view each unit. The back 2 houses have been remodeled and tastefully done with all of the amenities of a high-end house. The back house features 2br+2ba, Hardwood floors, central a/c, large kitchen with quartz counters, SS appliances, private laundry. Awesome tiled bathrooms- one with a walk-in shower, the other with a clawfoot tub. Huge private deck and patio and a large detached office. Middle house features: 2+2, Hwd Floors, open beamed ceiling, updated kitchen, 2 custom tiled bathrooms with walk-in shower. Private patio area, Private laundry, central a/c. Front building host 2- 1+1 units, hwd floors, original period details throughout, wall A/C unit. The large common garden area hosts many fruit trees, veggie garden, bbq area. Great investment with upside/ 1031 exchange/ or to live in.
    Exterior Features

    Lot Size Units Square Feet Parking Features StreetUncovered Parking YN Yes

    Interior Features

    Appliances DisposalRefrigeratorDishwasherVented Exhaust Fan Appliances YN Yes Cooling Central AirWall/Window Unit(S) Cooling YN Yes Flooring Wood Laundry Features Washer IncludedDryer Included

    Property Features

    Cap Rate 5.20 Gross Multiplier 15.50 Gross Operating Income 112656.00 Improvements Amount 255000 Insurance Expense 1639.00 Land Value 714000 Laundry YN Yes Maintenance Expense 2340.00 Net Operating Income 92656.00 Pest Control Expense 770.00 Special Listing Conditions Standard Total Expenses 20000.00 Water Sewer Expense 1783.00 Zoning Lar1

    Listing provided courtesy of Christopher Furstenberg of Nourmand & Associates-Hw


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-23T16:38:14.263. 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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