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450 S Benton Way

Los Angeles, CA 90057
  • $2,995,000
  • STATUS: Active
  • ON SITE: 32 Days
  • MLS #: 21-113745
UPDATED: 31 min ago
$2,995,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,772
    SQFT
  • $341
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1924
County:
Area:

School Ratings & Info

Description

Fantastic opportunity to purchase an 18 unit building and adjacent parking lot for under $3,000,000! In place cap rate of 4 % with tremendous rental upside. Fantastic rental area of Rampart Village, 2 blocks from prime K Town and close to Downtown LA. Wood-frame building with individual meters for electricity. Huge basement perfect for owned laundry room.4 units remodeled with brand new kitchens and baths , flooring, plumbing and lighting. Building has nice lobby and updated common areas with new flooring , paint and lighting.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-24T11:42:31.283. 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/124258493
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450 S Benton Way Los Angeles, CA 90057

  • Price: $2,995,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 31 min ago
  • MLS #: 21-113745
0
Beds
0
Baths
0
½ Baths
0.09
Acres
8,772
SQFT
$341
$/SQFT
1924
Built
Neighborhood:
Mid-Wilshire
County:
Los Angeles
Area:
Mid-Wilshire
Property Description
Fantastic opportunity to purchase an 18 unit building and adjacent parking lot for under $3,000,000! In place cap rate of 4 % with tremendous rental upside. Fantastic rental area of Rampart Village, 2 blocks from prime K Town and close to Downtown LA. Wood-frame building with individual meters for electricity. Huge basement perfect for owned laundry room.4 units remodeled with brand new kitchens and baths , flooring, plumbing and lighting. Building has nice lobby and updated common areas with new flooring , paint and lighting.
Exterior Features

Lot Size Area 4015 Other Structures None Parking Garage Controlled EntranceRv PossibleGatedUncovered Total Parking 16

Interior Features

Baths Total 18.00 Cooling Heat Pump(S) Equipment CableGarbage Disposal Heating Heat Pump

Property Features

Assessed Total Value 1241833 Gross Income 224080 Gross Operating Income 217357 Like Units1 16 Net Operating Income 120418.00 Number Of Buildings 1 Number Of Units 18 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 96939 Type Of Units Studios Year Built Source Vendor Enhanced Zoning Lar4

Listing provided courtesy of Alex Galuz DRE#01291486 of Keller Williams Realty Calabasas.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-24T11:42:31.283. 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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