2919 Van Buren Place

    Los Angeles (City), CA 90007
    • $1,399,990
    • STATUS: Active
    • ON SITE: 28 days
    • ID#: SB18016689
    UPDATED: 36 min ago
    $1,399,990
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,070
      SQFT
    • $276
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1916
    County:

    School Ratings & Info

    Description

    Excellent opportunity to own a large 4 unit building located in a great rental area near USC. Only 4 block away from USC campus, within minutes to upcoming Downtown LA Live and Korea Town, freeways, public transportation, University Town Center, restaurants and shopping centers. Fantastic opportunity for investors/owner occupant - huge upside potential Completely rehabbed with New kitchen cabinets, new granite counter top, new tiles and purgo flooring, new paint inside and etc...Information herein is not confirmed by Listing Broker and it is Buyer's responsibility to verify & rely on their own findings. Great opportunity to rent to USC students or large family. Current Rent $2600 (4BR+2BA), $2300 (3BR+2BA), $2050 (3BR+2BA) and one vacant unit that showing at (4BR+2).

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-21T09:25:54.41. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.inlandempiresold.com/homes/80187747

    2919 Van Buren Place Los Angeles (City), CA 90007

    • Price: $1,399,990
    • Status: Active
    • Updated: 36 min ago
    • ID#: SB18016689
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    5,070
    SQFT
    $276
    $/SQFT
    1916
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    Excellent opportunity to own a large 4 unit building located in a great rental area near USC. Only 4 block away from USC campus, within minutes to upcoming Downtown LA Live and Korea Town, freeways, public transportation, University Town Center, restaurants and shopping centers. Fantastic opportunity for investors/owner occupant - huge upside potential Completely rehabbed with New kitchen cabinets, new granite counter top, new tiles and purgo flooring, new paint inside and etc...Information herein is not confirmed by Listing Broker and it is Buyer's responsibility to verify & rely on their own findings. Great opportunity to rent to USC students or large family. Current Rent $2600 (4BR+2BA), $2300 (3BR+2BA), $2050 (3BR+2BA) and one vacant unit that showing at (4BR+2).
    Exterior Features

    Architectural Style Colonial Construction Materials StuccoWood Siding Direction Faces East Entry Level 1 Entry Location Front And Back Fence YN Yes Fencing MasonryWrought Iron Foundation Details Raised Garage Spaces 0.00 Lot Features 36-40 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Features Assigned Parking Total 4.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street

    Interior Features

    Appliances Garbage DisposalGas OvenGas RangeRefrigerator Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Cooling See Remarks Cooling YN Yes Fireplace Features None Fireplace YN No Flooring See Remarks Heating Wall Heater Heating YN Yes Interior Features Granite Counters Laundry Features Gas Dryer HookupIndividual RoomInsideWasher Hookup Levels One

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 6.96 Community Features Urban Country Us Electric Expense 600.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 500.00 Gross Income 80331.00 Gross Operating Income 106590.00 Gross Scheduled Income 112200.00 Insurance Expense 2500.00 Land Lease YN No Laundry YN Yes Net Operating Income 97440.00 New Taxes Expense 17499.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 3 Number Wall AC 1 Number With Disposal 4 Number With Range 4 Number With Refrigerator 4 Operating Expense 14760.00 Operating Expense Percent 13.00 Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 83340.00 Total Expenses 26259.00 Trash Expense 360.00 Vacancy Allowance 5610 Vacancy Allowance Rate 5.00 Water Sewer Expense 4800.00 Water Source Public Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of Jonathan Kim of Jonathan Kim.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-21T09:25:54.41. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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    Hemet CA, 92545