5218 Latham Street

    Los Angeles (City), CA 90011
    • $1,574,999
    • STATUS: Active
    • ON SITE: 121 days
    • ID#: 20548096
    $1,574,999
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1959
    County:

    School Ratings & Info

    Description

    Pleased to present an 8-unit multifamily building with a great unit mix of all 2 bedrooms and 1 bathrooms in Southeast Los Angeles. Built in 1959, the property consists of approximately 4800 Square Feet and is situated on a 7,500 Square Feet lot. 100% occupied at the time of sale. This offering presents an excellent opportunity to add value and capture annual gross income in excess of 76% rental upside. OM available upon request.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-28T00:25:55.52. 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/102634050

    5218 Latham Street Los Angeles (City), CA 90011

    • Price: $1,574,999
    • Status: Active
    • ID#: 20548096
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1959
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    Pleased to present an 8-unit multifamily building with a great unit mix of all 2 bedrooms and 1 bathrooms in Southeast Los Angeles. Built in 1959, the property consists of approximately 4800 Square Feet and is situated on a 7,500 Square Feet lot. 100% occupied at the time of sale. This offering presents an excellent opportunity to add value and capture annual gross income in excess of 76% rental upside. OM available upon request.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features AssignedDrivewayPrivate Parking YN Yes

    Interior Features

    Fireplace Features None Fireplace YN No Heating Central Heating YN Yes Laundry Features None Levels Two

    Property Features

    Additional Parcels YN No Country Us Gross Income 163200.00 Gross Multiplier 9.80 Gross Operating Income 158304.00 Land Lease YN No Laundry YN No Net Operating Income 125874.00 Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Taxes Percent 1.17 Tenant Pays ElectricityGas Total Expenses 32430.00 Zoning Lar2

    Listing provided courtesy of Jacob Kesherim of Brc Advisors- Bh


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-28T00:25:55.52. 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.

     
    RE/MAX Empire Properties
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    Hemet CA, 92545