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    6818 N Figueroa Street

    Los Angeles (City), CA 90042
    • $949,000
    • STATUS: Active Under Contract
    • ON SITE: 126 days
    • ID#: 20549096
    Under Contract
    $949,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1947
    County:

    School Ratings & Info

    Description

    Price Improvement! Don't miss out on this investment opportunity; take advantage of a 4 unit income property located in prime Highland Park. Projected Cap: 6.52%. The complex features a two bedroom unit at the front, followed by three one bedroom units moving towards the back of the property. Each unit has its own spacious private patio as well as washer and dryer hook ups. The location is highly desirable for tenants, with the Eagle Rock dog park, schools, shopping and services all in the neighborhood along with easy access to the 134 and 110 freeways. The property has a total of 5 garages. Three along the street, and two at the back of the property that can be accessed by the long driveway that runs down the side of the complex.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-06-05T00:26:24.98. 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/102777841

    6818 N Figueroa Street Los Angeles (City), CA 90042

    • Price: $949,000
    • Status: Active Under Contract
    • ID#: 20549096
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1947
    Built
    Neighborhood:
    632 - Highland Park
    County:
    Los Angeles
    Area:
    632 - Highland Park
    Property Description
    Price Improvement! Don't miss out on this investment opportunity; take advantage of a 4 unit income property located in prime Highland Park. Projected Cap: 6.52%. The complex features a two bedroom unit at the front, followed by three one bedroom units moving towards the back of the property. Each unit has its own spacious private patio as well as washer and dryer hook ups. The location is highly desirable for tenants, with the Eagle Rock dog park, schools, shopping and services all in the neighborhood along with easy access to the 134 and 110 freeways. The property has a total of 5 garages. Three along the street, and two at the back of the property that can be accessed by the long driveway that runs down the side of the complex.
    Exterior Features

    Lot Size Source Estimated Lot Size Units Square Feet Parking Features Driveway Parking YN Yes

    Interior Features

    Appliances DishwasherRefrigerator Appliances YN Yes Heating Floor FurnaceWall Furnace Heating YN Yes

    Property Features

    Garage Income 1260.00 Gross Income 67368.00 Gross Multiplier 15.31 Gross Operating Income 67368.00 Net Operating Income 61950.00 New Taxes Expense 3258.00 Senior Community YN No Special Listing Conditions Standard Total Expenses 5417.44 Zoning Lard1.5

    Listing provided courtesy of Yuichi Bryan Miyamoto of Keller Williams Realty Los Feliz


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-06-05T00:26:24.98. 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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