4060 W 162nd Street

    Lawndale, CA 90260
    • $795,000
    • STATUS: Active
    • ON SITE: 5 days
    • ID#: SB20096048
    New On Site 5 Days Ago
    UPDATED: 27 min ago
    $795,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,019
      SQFT
    • $394
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:

    School Ratings & Info

    Description

    4060 W 162nd St is a triplex centrally located in Lawndale. This building has a unit mix consisting of (2) 2-bed/ 1-bath units and (1) 1-bed/ 1-bath unit with a total living area of 2,019 SF. The property is situated on a 5,153 SF lot and features a 2-vehicle garage. This incredible location +GG walking distance from Alondra Park, El Camino College and Alondra Golf Course -- coupled with the significant upside in market rent potential, make this an excellent investment opportunity for a first-time buyer or seasoned owner.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-26T13:27:28.097. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.

    www.inlandempiresold.com/homes/106074090

    4060 W 162nd Street Lawndale, CA 90260

    • Price: $795,000
    • Status: Active
    • Updated: 27 min ago
    • ID#: SB20096048
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    2,019
    SQFT
    $394
    $/SQFT
    1950
    Built
    Neighborhood:
    113 - South Lawndale
    County:
    Los Angeles
    Area:
    113 - South Lawndale
    Property Description
    4060 W 162nd St is a triplex centrally located in Lawndale. This building has a unit mix consisting of (2) 2-bed/ 1-bath units and (1) 1-bed/ 1-bath unit with a total living area of 2,019 SF. The property is situated on a 5,153 SF lot and features a 2-vehicle garage. This incredible location +GG walking distance from Alondra Park, El Camino College and Alondra Golf Course -- coupled with the significant upside in market rent potential, make this an excellent investment opportunity for a first-time buyer or seasoned owner.
    Exterior Features

    Garage Spaces 2.00 Lot Features Yard Lot Size Source Assessor Lot Size Units Square Feet Parking Total 2.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    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 Laundry Features None

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 3.04 Community Features Sidewalks Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 1200.00 Gross Income 47400.00 Gross Multiplier 16.77 Gross Scheduled Income 47400.00 Insurance Expense 808.00 Land Lease YN No Laundry YN No Maintenance Expense 1422.00 Net Operating Income 24180.00 New Construction YN No New Taxes Expense 15021.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 20850.00 Other Expense 2400.00 Other Expense Description Utility Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 3950.00 Total Expenses 20850.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor Zoning Lnr2yy

    Listing provided courtesy of Brett Lyon of Lyon Stahl Investment Real Estate, Inc. and J.Woody Stahl of Lyon Stahl Investment Real Estate, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-26T13:27:28.097. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.

     
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    Hemet CA, 92545