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2904 W 14th Street

Los Angeles, CA 90006
  • $1,750,000
  • STATUS: ACTIVE
  • ON SITE: 19 Days
  • ID#: IN22082122
UPDATED: 42 min ago
$1,750,000
  • 6
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
T
Type:
Multi-Family
County:

School Ratings & Info

Description

Same owner for 33 years, multifamily (9BR & 8BA) investment located in Koreatown, Los Angeles. Huge rental upside potential, tenants own refrigerator and gas oven, the owner bears no responsibility to repair or replace. The property is 100% occupied and collections have been 100% throughout Covid. 24/7 CCTV Security Camera. New roof in 2019 with a guarantee certificate. Building amenities include on-site parking in the rear (currently 8 cars parked) and in-unit washer hookups except 0+1. Unit 0+1 bachelor, no kitchen - owner pays hot water gas bill $10 per month. Owner occupied one unit to be delivered with a storage. Situated between two major streets Western Ave and Pico Blvd the building is walking distance to an elementary school, high school, strip shopping mall, and restaurants. Easy access to public transportation options which include bus stops and Wilshire/Western Stations Metro B line (Red). Adjacent to USC, LA Downtown, Fashion District, Crypto.com Arena. Same owner for 33 years, multifamily (9BR & 8BA) investment located in Koreatown, Los Angeles. Huge rental upside potential, tenants own refrigerator and gas oven, the owner bears no responsibility to repair or replace. The property is 100% occupied and collections have been 100% throughout Covid. 24/7 CCTV Security Camera. New roof in 2019 with a guarantee certificate. Building amenities include on-site parking in the rear (currently 8 cars parked) and in-unit washer hookups except 0+1. Unit 0+1 bachelor, no kitchen - owner pays hot water gas bill $10 per month. Owner occupied one unit to be delivered with a storage. Situated between two major streets Western Ave and Pico Blvd the building is walking distance to an elementary school, high school, strip shopping mall, and restaurants. Easy access to public transportation options which include bus stops and Wilshire/Western Stations Metro B line (Red). Adjacent to USC, LA Downtown, Fashion District, Crypto.com Arena.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
www.realestaterubino.com/homes/128289453
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2904 W 14th Street Los Angeles, CA 90006

  • Price: $1,750,000
  • Status: ACTIVE
  • On Site: 19 Days
  • Updated: 42 min ago
  • ID#: IN22082122
6
Beds
0
Baths
0
½ Baths
0.16
Acres
Neighborhood:
T
County:
Los Angeles
Area:
Los Angeles (90006)
Property Description
Same owner for 33 years, multifamily (9BR & 8BA) investment located in Koreatown, Los Angeles. Huge rental upside potential, tenants own refrigerator and gas oven, the owner bears no responsibility to repair or replace. The property is 100% occupied and collections have been 100% throughout Covid. 24/7 CCTV Security Camera. New roof in 2019 with a guarantee certificate. Building amenities include on-site parking in the rear (currently 8 cars parked) and in-unit washer hookups except 0+1. Unit 0+1 bachelor, no kitchen - owner pays hot water gas bill $10 per month. Owner occupied one unit to be delivered with a storage. Situated between two major streets Western Ave and Pico Blvd the building is walking distance to an elementary school, high school, strip shopping mall, and restaurants. Easy access to public transportation options which include bus stops and Wilshire/Western Stations Metro B line (Red). Adjacent to USC, LA Downtown, Fashion District, Crypto.com Arena. Same owner for 33 years, multifamily (9BR & 8BA) investment located in Koreatown, Los Angeles. Huge rental upside potential, tenants own refrigerator and gas oven, the owner bears no responsibility to repair or replace. The property is 100% occupied and collections have been 100% throughout Covid. 24/7 CCTV Security Camera. New roof in 2019 with a guarantee certificate. Building amenities include on-site parking in the rear (currently 8 cars parked) and in-unit washer hookups except 0+1. Unit 0+1 bachelor, no kitchen - owner pays hot water gas bill $10 per month. Owner occupied one unit to be delivered with a storage. Situated between two major streets Western Ave and Pico Blvd the building is walking distance to an elementary school, high school, strip shopping mall, and restaurants. Easy access to public transportation options which include bus stops and Wilshire/Western Stations Metro B line (Red). Adjacent to USC, LA Downtown, Fashion District, Crypto.com Arena.
Exterior Features

Pool N/K Spa N/K

Interior Features

Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 2 Total Baths Unit4 1

Property Features

Actual Cap Rate 4.07 Annual Expense Actual 35501 Buildings 1 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 106776 Home Owners Fees 0.0 Tenant Pays ElectricityGas/Propane Terms Exchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 1031.0 Unit2 Rent Actual 1750.0 Unit3 Rent Actual 1994.0 Unit4 Rent Actual 976.0 Zoning Public Rec

San Diego MLS logo Listing provided courtesy of Real Estate Source Inc. Listing information © 2022 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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