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1435 W 53rd St

Los Angeles, CA 90062
  • $1,250,000
  • STATUS: Active
  • ON SITE: 6 Days
  • MLS #: 21-106487
New On Site 6 Days Ago
UPDATED: 30 min ago
$1,250,000
  • 6
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,431
    SQFT
  • $514
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1930
County:

School Ratings & Info

School District:

Description

6% Cap Rate!! Pro forma rent at $96,600 per year. Come own a piece of history in one of the world's most influential cities, this is a multi-family triplex that was completely renovated and the final product was unveiled this month November 2021. This property contains three separate units, All are considered 2 bedrooms 1 bathroom, with separate meters, fully upgraded appliances, and fixtures throughout. Close proximity to USC and an amazing investment opportunity a true diamond in the rough. Opportunities like this one do not come around very often. Due to the high demand and desirability of this property time is limited.. feel free to schedule a showing with the listing agent this one will not last long!!

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-11-26T20:42:51.07. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/123418478
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1435 W 53rd St Los Angeles, CA 90062

  • Price: $1,250,000
  • Status: Active
  • On Site: 6 Days
  • Updated: 30 min ago
  • MLS #: 21-106487
6
Beds
0
Baths
0
½ Baths
0.13
Acres
2,431
SQFT
$514
$/SQFT
1930
Built
Neighborhood:
Los Angeles Southwest
County:
Los Angeles
Area:
Los Angeles Southwest
School District:
Los Angeles Unified
Property Description
6% Cap Rate!! Pro forma rent at $96,600 per year. Come own a piece of history in one of the world's most influential cities, this is a multi-family triplex that was completely renovated and the final product was unveiled this month November 2021. This property contains three separate units, All are considered 2 bedrooms 1 bathroom, with separate meters, fully upgraded appliances, and fixtures throughout. Close proximity to USC and an amazing investment opportunity a true diamond in the rough. Opportunities like this one do not come around very often. Due to the high demand and desirability of this property time is limited.. feel free to schedule a showing with the listing agent this one will not last long!!
Exterior Features

Levels Ground Level Lot Size Area 5621 Other Structures None Parking Garage DrivewayAssignedGarage Pool Description None Pool YN No Spa None Spa YN No Tennis Court None Tennis YN No Total Parking 7 View Description None View YN No Water Frontage None

Interior Features

Bathroom Features RemodeledTile Baths Total 3.00 Common Walls Attached Cooling Wall Unit(S)Air Conditioning Equipment Gas Or Electric Dryer HookupWasherDishwasher Heating Wall Electric Interior Features Storage SpaceOpen Floor Plan Kitchen Features Stone Counters Laundry In UnitLaundry Area

Property Features

Assessed Total Value 45213 Gardener Expense 420.00 Gross Income 8050 Gross Operating Income 8050 Insurance Expense 1393.00 Like Units1 1 Like Units2 2 Like Units3 3 Net Operating Income 75909.00 Number Of Buildings 2 Number Of Units 3 Sale Type Standard Source Living Area Other Source Lot Size Area Vendor Enhanced Total Annual Expense 20078 Trash Expense 2089.00 Type Of Units Multi Family Water Expense 1789.00 Year Built Source Vendor Enhanced Zoning Lar2

Listing provided courtesy of Matt Christensen DRE# of Harcourts Hunter Mason Realty.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-11-26T20:42:51.07. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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