4141 W 161st Street

    Lawndale, CA 90260
    • $710,000
    • STATUS: Active
    • ON SITE: 5 days
    • ID#: CV20096796
    New On Site 5 Days Ago
    UPDATED: 43 min ago
    $710,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,874
      SQFT
    • $379
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    Description

    This is an Excellence Investment Great for first time investor or season portfolio holder, Conveniently located in the nice part of Lawndale , 405 freeway and LAX. Nearby shopping centers and restaurants. 2 homes on a lot, one on 161st Street and the other has entry thru alley, back unit was built in the 1960's, This is one to see, great return , rents are currently low and tenants have been there for years with no issues. Property sold in as is condition and seller will not deliver any empty units. Buyer and Buyers agent to do own inspection in regard to city ordinance and rent control guidelines. Needs some TLC but worth every penny.

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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/106075182

    4141 W 161st Street Lawndale, CA 90260

    • Price: $710,000
    • Status: Active
    • Updated: 43 min ago
    • ID#: CV20096796
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    1,874
    SQFT
    $379
    $/SQFT
    1960
    Built
    Neighborhood:
    113 - South Lawndale
    County:
    Los Angeles
    Area:
    113 - South Lawndale
    Property Description
    This is an Excellence Investment Great for first time investor or season portfolio holder, Conveniently located in the nice part of Lawndale , 405 freeway and LAX. Nearby shopping centers and restaurants. 2 homes on a lot, one on 161st Street and the other has entry thru alley, back unit was built in the 1960's, This is one to see, great return , rents are currently low and tenants have been there for years with no issues. Property sold in as is condition and seller will not deliver any empty units. Buyer and Buyers agent to do own inspection in regard to city ordinance and rent control guidelines. Needs some TLC but worth every penny.
    Exterior Features

    Garage Spaces 1.00 Lot Features Level With Street Lot Size Source Assessor Lot Size Units Square Feet Parking Total 1.00 Pool Features None Pool Private YN No Property Attached YN No

    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 No Common Walls Laundry Features See Remarks

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Street Lights Country Us Electric Expense 200.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 37980.00 Gross Scheduled Income 37980.00 Insurance Expense 1400.00 Land Lease YN No Laundry YN Yes Net Operating Income 34412.00 New Construction YN No New Taxes Expense 8875.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Operating Expense 3568.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 11435.00 Trash Expense 960.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor Zoning Lnr2yy

    Listing provided courtesy of Alex Avilez of Excellence Socal Real Estate


    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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