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    1501 Firestone Blvd

    Los Angeles, CA 90001
    • $2,390,000
    • STATUS: Active
    • ON SITE: 75 days
    • MLS #: 21-696208
    $2,390,000
    • 6
      BEDS
    • 0.44
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,306
      SQFT
    • $257
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    Description

    Commercial Lot, North East Corner at the busy Intersection of crossing two big streets, Firestone Blvd. and Compton Ave. There are alleys surrounded along backside to help benefit for this property as convenience. It should be great news to the Investors or Developers ! This Lot is consist of 4 parcels (6028-034-013, 6028-034-014, 6028-034-015, 6028-034-016). Please take a look the property outside only and do not talk to any tenant in this property and not interrupt their business and private living lives regarding the property sale. All 16 units have their own separate Electric and Gas Meters. Lower rent and No Vacancy. Rent to be increased as potential. Regarding the Financial analysis on the property, Buyer should calculate by his/her own view point, it may be come out different results against Seller's one. Listing agent is a one of the seller.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-08T23:42:19.19. 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/114421123
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    1501 Firestone Blvd Los Angeles, CA 90001

    • Price: $2,390,000
    • Status: Active
    • MLS #: 21-696208
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.44
    Acres
    9,306
    SQFT
    $257
    $/SQFT
    1924
    Built
    Neighborhood:
    Metropolitan South
    County:
    Los Angeles
    Area:
    Metropolitan South
    Property Description
    Commercial Lot, North East Corner at the busy Intersection of crossing two big streets, Firestone Blvd. and Compton Ave. There are alleys surrounded along backside to help benefit for this property as convenience. It should be great news to the Investors or Developers ! This Lot is consist of 4 parcels (6028-034-013, 6028-034-014, 6028-034-015, 6028-034-016). Please take a look the property outside only and do not talk to any tenant in this property and not interrupt their business and private living lives regarding the property sale. All 16 units have their own separate Electric and Gas Meters. Lower rent and No Vacancy. Rent to be increased as potential. Regarding the Financial analysis on the property, Buyer should calculate by his/her own view point, it may be come out different results against Seller's one. Listing agent is a one of the seller.
    Exterior Features

    Direction Faces South Levels One Lot Location Corner LotAlley AccessCity Lot Size Area 18983 Other Structures Other Parking Garage Driveway Patio Features None Paved YN Yes Pool Description None Pool YN No Roof Other Spa None Spa YN No Sprinklers None Style Contemporary Tennis Court None Tennis YN No Total Parking 10

    Interior Features

    Baths Total 16.00 Common Walls Detached/No Common Walls Cooling Other Equipment Other Flooring Other Heating Other Interior Features Other Water Heater Features Gas

    Property Features

    Alley YN Yes Assessed Total Value 99221 Gross Income 158700 Gross Operating Income 158700 Like Units1 16 Net Operating Income 115676.95 Number Of Buildings 8 Number Of Units 16 Owner Pays Water Rent Control YN Yes Sale Type Standard Security Features Other Sewer In Street Source Living Area Owner Source Lot Size Area Owner Tenant Pays ElectricityGas Total Annual Expense 43023.05 Type Of Units Multi Water Public Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lcc3*

    Listing provided courtesy of Chung Suk Kim DRE# of America Realty Los Angeles.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-08T23:42:19.19. 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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