416
N
Marianna Avenue,
Los Angeles,
California
CA
90063-3430
Sold For: $740,000
Listing ID: PW19194754
Price/SqFt:
$320.49
Status:
Closed
Sold Date:
1/28/2022
SqFt:
2,309
Sq Ft
Year Built:
1913
Excellent location for this rental property. Located near freeway access and public transportation including schools and shopping. The property is in good condition but it does need some cosmetic repairs. This property investment is running a good return for investment at 5.44%. Call for any further questions. The cap rate after new expenses and taxes is at 5.44%
Excellent opportunity to own your own investment property. Become a landlord. This property is has a good location with positive cash flow to the current owner. Take advantage of the low interest rates available for lending. 100% occupancy on the property. We can do a full Cash Flow Analysis for you.
Primary Features
County:
Los Angeles
Price/SqFt:
320.49
Property Sub Type:
Multi Family
Property Type:
Commercial Sale
Year Built:
1913
Interior
Building Area Units:
Square Feet
Condo Area Units:
Square Feet
Laundry Features:
Community
External
Lot Size Source:
Assessor
Minimum Total Area Units:
Square Feet
Number Of Buildings:
2
Water Source:
Public
Location
Country:
US
MLS Area Major:
699 - Not Defined
Additional
Additional Parcels:
no
Building Status:
Existing
Days On Market:
891
Land Use:
Multi-Family
List Agent State License:
01704180
List Office State License:
01218499
Max Total Area Units:
Square Feet
Number Of Units Total:
5
Parcel Number:
5234003017
Financial
Accounting Type:
Actual
Cap Rate:
5.67
Expense Year:
10575
Gross Scheduled Income:
53100
Insurance Expense:
600
Investment Property:
yes
Net Operating Income:
34515
Real Estate Tax Expense:
9375
Special Listing Conditions:
Standard
Trash Expense:
600
© 2024. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to 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. Any correspondence from IDX pages are routed to Realty Masters and Associates or one of their associates. Last updated Thursday, March 28th, 2024.
Based on information from CARETS as of Thursday, March 28th, 2024 01:20:37 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. 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.
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Listed by: LuisCarrion, DRE #01704180 from Coldwell Banker Alliance 562-945-2221
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