Los Angeles CA  home offered at $1,098,000 

Call Lisa DiNoto Group at (909)921-2544 to see this home.

 

649 Alpine Street
Los Angeles, California CA 90012-1370
Sold For: $1,025,000
Listing ID: 22180347
Price/SqFt: $292.25
Status: Closed
Sold Date: 12/16/2022
SqFt: 3,757 Sq Ft
Acres: 0.090 Acres
Year Built: 1973

Have you been searching for the perfect investment property? Well look no further! This 3-unit building was a dream built by the patriarch of the family. In 1973 he saw an empty dirt lot in a prime Chinatown location and decided to build a family home with the extra security of rental income. The owner's unit has an upstairs and a downstairs with a built-in wok in the kitchen. Each unit is spacious with 3 bedrooms and 2 baths. Plenty of storage space and parking for 4 cars. Unit 1, the owner's unit will be delivered vacant and the other 2 units will be delivered with tenants. Wonderful opportunity to buy and hold. Centrally located to public transportation, shopping, great restaurants, and all the culture of Chinatown and the Downtown art galleries and museums. Great potential!

Primary Features

County: Los Angeles
Price Reduction Date: 2022-09-16T17:12:28+00:00
Price/SqFt: 292.25
Property Type: Residential Income
Year Built: 1973
Zoning: LAR4

Interior

Cooling: no
Cooling Type: None
Garage Spaces: 4
Heating: yes
Heating Type: Wall Furnace
Stories Total: 3

External

Architectural Style: Contemporary
Lot Size Area: 3940
Lot Size Source: Assessor
Lot Size Square Feet: 3940
Number Of Buildings: 1
Parking: yes
Parking Features: Covered
Parking Total: 4

Location

Country: US
MLS Area Major: CHNA - Chinatown

Additional

Association: no
Days On Market: 87
List Agent State License: 01737314
Lot Size Units: Square Feet
New Construction: no
Number Of Units Total: 3
Parcel Number: 5407010008
Senior Community: no
Year Built Source: Assessor

Financial

Gross Multiplier: 61.93
Gross Operating Income: 18244
Net Operating Income: 18244
Special Listing Conditions: Standard
Tenant Pays: Electricity, Gas
Total Expenses: 1100
Vacancy Allowance Rate: 1

Zoning Info


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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: AndreaMarcum-Valentine, DRE #01737314 from eXp Realty of California Inc 888-584-9427

Contact - Listing ID 22180347

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Lisa DiNoto

9483 Haven Ave #100
Rancho Cucamonga, CA 91730
Phone: 9099212544

Data services provided by IDX Broker
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