5637 Hub Street

    Los Angeles (City), CA 90042
    • $1,699,000
    • STATUS: Active
    • ON SITE: 174 days
    • ID#: 19461580
    UPDATED: 79 min ago
    $1,699,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,593
      SQFT
    • $655
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1927
    County:

    School Ratings & Info

    Description

    ** VACANT SFR 3+2 for Owner-User ** Introducing this charming 3 Unit multi-family building in one of LA's hottest rental market - North Highland Park! The property was extensively renovated in 2018/2019 with no expense spared. This prime investment boasts one (1) detached 3 Bedroom & 2 Bathroom Single Family Residence & Two (2) 2 Bedroom & 1 Bath Units. Each unit is separately metered for Gas & Electric. PLEASE DO NOT DISTURB OCCUPANTS OR WALK ON PROPERTY- DRIVE BY ONLY! The property is located in the rapidly gentrifying location of Highland Park, which is home to a growing number of trendy restaurants, coffee houses and nightlife. The property is in close proximity to York Retail Corridor, Figueroa Retail Corridor, the Gold Line, Downtown Los Angeles, South Pasadena and the San Gabriel Valley. This property is near several parks, Highland Park Recreation Center, the Historic Southwest Museum and the 110 freeway.

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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/94295486

    5637 Hub Street Los Angeles (City), CA 90042

    • Price: $1,699,000
    • Status: Active
    • Updated: 79 min ago
    • ID#: 19461580
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    2,593
    SQFT
    $655
    $/SQFT
    1927
    Built
    Neighborhood:
    632 - Highland Park
    County:
    Los Angeles
    Area:
    632 - Highland Park
    Property Description
    ** VACANT SFR 3+2 for Owner-User ** Introducing this charming 3 Unit multi-family building in one of LA's hottest rental market - North Highland Park! The property was extensively renovated in 2018/2019 with no expense spared. This prime investment boasts one (1) detached 3 Bedroom & 2 Bathroom Single Family Residence & Two (2) 2 Bedroom & 1 Bath Units. Each unit is separately metered for Gas & Electric. PLEASE DO NOT DISTURB OCCUPANTS OR WALK ON PROPERTY- DRIVE BY ONLY! The property is located in the rapidly gentrifying location of Highland Park, which is home to a growing number of trendy restaurants, coffee houses and nightlife. The property is in close proximity to York Retail Corridor, Figueroa Retail Corridor, the Gold Line, Downtown Los Angeles, South Pasadena and the San Gabriel Valley. This property is near several parks, Highland Park Recreation Center, the Historic Southwest Museum and the 110 freeway.
    Exterior Features

    Lot Size Source See Remarks Lot Size Units Square Feet Parking Features Garage Parking YN Yes

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features See Remarks

    Property Features

    Cap Rate 4.67 Gross Multiplier 15.50 Gross Operating Income 106331.00 Improvements Amount 78046 Land Value 58527 Laundry YN Yes Net Operating Income 79335.00 Special Listing Conditions Standard Total Expenses 26997.00 Zoning Lar2

    Listing provided courtesy of Enrique Viramontes of Remax Commercial And Investmen and Eric Dilanian of


    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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    Covina CA, 91723