The subject property is a six-unit apartment building located in the Leimert Park neighborhood of Los Angeles. The complex was built in 1933 and contains of 3,174 square feet. There is a large 6,500 square feet lot which is zoned LAR1. The unit mix consists of all… Read More one-bedrooms averaging almost 600 square feet each. The monthly income is $6,321 per month and $75,860 annually. With a GRM of 12.5 and extremely low rents there is plenty of upside for a new owner Read Less
Property listed by McAlpin & Company, Jerome McAlpin 310-437-4172
Listing Snapshot
Days Online
9
Last Updated
Beds
6
Square Ft.
3,174
Lot Size
0.15 Acres
Year Built
1933
MLS Number
26641131
Additional Details
Building
Built in 1933, Living area: 3174.0, 2 buildings, 1 storey, Levels: Two
Cooling
None
Heating
WallFurnace
Income
Gross Income: $75,860, Net Operating Income: $54,234
Lot
0.1506 acres, Dimensions: 50x130
Parking
ConvertedGarage
Taxes
Parcel Number: 5034018012, Zoning: LAR1
Tenant Pays
Electricity, Gas
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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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