Skip To Content

    931 S Hillview Ave

    Los Angeles, CA 90022
    • $1,299,000
    • STATUS: Active
    • ON SITE: 140 days
    • MLS #: 21-727860
    UPDATED: 31 min ago
    $1,299,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,983
      SQFT
    • $326
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1928
    County:
    Area:

    School Ratings & Info

    Description

    We are pleased to present an Attractive Investment Opportunity in East Los Angeles with a Mix of Studio, 1 and 2 Bedroom Units. Low Price Per Unit with 12.41 GRM and 4.66% Cap Rate on Current Rents! The Apartments are located in a Desirable Neighborhood which is Walking Distance to Whittier Blvd. Currently the Units are Professionally Managed & Maintained with Realistic Rental Upside Potential of +/- 43%. The Property is Surrounded Predominantly by Single Family Homes and is a Short Distanced to Shops and Restaurants on Atlantic Blvd and Whittier Blvd. The Cross Streets are Whittier Blvd and Verona St, just East of Atlantic Blvd.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-23T10:42:39.103. 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/116806615
    Print Image

    931 S Hillview Ave Los Angeles, CA 90022

    • Price: $1,299,000
    • Status: Active
    • Updated: 31 min ago
    • MLS #: 21-727860
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    3,983
    SQFT
    $326
    $/SQFT
    1928
    Built
    Neighborhood:
    East La
    County:
    Los Angeles
    Area:
    East La
    Property Description
    We are pleased to present an Attractive Investment Opportunity in East Los Angeles with a Mix of Studio, 1 and 2 Bedroom Units. Low Price Per Unit with 12.41 GRM and 4.66% Cap Rate on Current Rents! The Apartments are located in a Desirable Neighborhood which is Walking Distance to Whittier Blvd. Currently the Units are Professionally Managed & Maintained with Realistic Rental Upside Potential of +/- 43%. The Property is Surrounded Predominantly by Single Family Homes and is a Short Distanced to Shops and Restaurants on Atlantic Blvd and Whittier Blvd. The Cross Streets are Whittier Blvd and Verona St, just East of Atlantic Blvd.
    Exterior Features

    Lot Size Area 5053 Other Structures None Parking Garage Uncovered Total Parking 1

    Interior Features

    Baths Total 9.00 Cooling Other Equipment Other Heating Other

    Property Features

    Assessed Total Value 1020000 Gross Income 104676 Gross Operating Income 101536 Like Units1 1 Like Units2 6 Like Units3 2 Net Operating Income 60541.00 Number Of Buildings 2 Number Of Units 9 Sale Type Standard Source Living Area Owner Source Lot Size Area Vendor Enhanced Total Annual Expense 40995 Type Of Units Apartment Year Built Source Vendor Enhanced Zoning Lcr4yy

    Listing provided courtesy of Shant Sherbetdjian DRE#01713570 of Remax Commercial And Investment Realty.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-23T10:42:39.103. 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.
     
    https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-727860-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-727860-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-727860-2.jpg
    Logo
    The John Jay Group - Bennion Deville Homes
    74996 Highway 111
    Indian Wells CA, 92210