6112 Greenwood Avenue

    Commerce, CA 90040
    • $899,000
    • STATUS: Active
    • ON SITE: 76 days
    • ID#: AR18287825
    UPDATED: 196 min ago
    $899,000
    • 0
      BEDS
    • 0.27
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,083
      SQFT
    • $220
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1957
    County:

    School Ratings & Info

    Description

    Location. Location. Location. Great investment property in a wonderful City of Commerce that sits in a sizable lot with tons of potential. Close to the public transportation, schools, stores, church, library, major freeways and the Bicycle Casino. It consists of three spacious separate homes with its own laundry room and private backyard plus a large permitted workshop with separate rooms perfect for storage & other uses with an attached 2-car garage! It offers a long driveway with plenty of parking space which can fit up to 9 cars for tenants+GG convenience including a carport designated for the back unit. Great cash flow & has huge upside potential. Currently rented below market to long term tenants! Drive by Only, please do not disturb tenants. Hurry this won+GGt last!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-22T01:01:56.25. 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. Licensed in the State of California, USA.
    www.bestlahomefinder.com/homes/89939372

    6112 Greenwood Avenue Commerce, CA 90040

    • Price: $899,000
    • Status: Active
    • Updated: 196 min ago
    • ID#: AR18287825
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.27
    Acres
    4,083
    SQFT
    $220
    $/SQFT
    1957
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    Location. Location. Location. Great investment property in a wonderful City of Commerce that sits in a sizable lot with tons of potential. Close to the public transportation, schools, stores, church, library, major freeways and the Bicycle Casino. It consists of three spacious separate homes with its own laundry room and private backyard plus a large permitted workshop with separate rooms perfect for storage & other uses with an attached 2-car garage! It offers a long driveway with plenty of parking space which can fit up to 9 cars for tenants+GG convenience including a carport designated for the back unit. Great cash flow & has huge upside potential. Currently rented below market to long term tenants! Drive by Only, please do not disturb tenants. Hurry this won+GGt last!
    Exterior Features

    Fence YN Yes Fencing WoodWrought Iron Garage Spaces 0.00 Lot Features Yard Lot Size Source Owner Lot Size Units Square Feet Parking Features CarportDriveway - Concrete Parking Total 9.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No

    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 No Common Walls Laundry Features Area

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 6.70 Community Features Street Lighting Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 75060.00 Gross Scheduled Income 66480.00 Insurance Expense 1500.00 Land Lease YN No Laundry YN Yes Net Operating Income 60261.00 New Construction YN No New Taxes Expense 11613.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 4 Operating Expense 14798.00 Property Sub Type Triplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 5540.00 Total Expenses 14799.00 Trash Expense 600.00 Water Sewer Expense 1086.00 Water Source Public Year Built Source Assessor Zoning R3

    Listing provided courtesy of Sunshine Coyle-Pardo of Coldwell Banker George Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-22T01:01:56.25. 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. Licensed in the State of California, USA.
     
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