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    $/SQFT

Listing Details

Status
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On Market
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MLS #
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Neighborhood
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School Ratings & Info

Description

Great opportunity to acquire a well maintained 13 unit apartment building with pool, laundry and designated tenant parking. Commuter friendly central LA location easy to access Downtown, Westside & Valley areas east & west. LA retrofit completed. Below market rents provides huge upside potential. Has not been on the market since the mid 80's.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-19T15:42:42.06. 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.
www.jelmbergteam.com/homes/121375440
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129 S Avenue 64 Los Angeles, CA 90042

  • Price: $3,425,000
  • Status: Active Under Contract
  • Updated: 49 min ago
  • MLS #: 21-782986
22
Beds
0
Baths
0
½ Baths
0.29
Acres
10,705
SQFT
$320
$/SQFT
1962
Built
Neighborhood:
Highland Park
County:
Los Angeles
Area:
Highland Park
Property Description
Great opportunity to acquire a well maintained 13 unit apartment building with pool, laundry and designated tenant parking. Commuter friendly central LA location easy to access Downtown, Westside & Valley areas east & west. LA retrofit completed. Below market rents provides huge upside potential. Has not been on the market since the mid 80's.
Exterior Features

Exterior Construction Stucco Lot Size Area 12545 Other Structures Other Parking Garage GatedCarport Detached Pool Description In Ground Pool YN Yes Roof CompositionShingle Style Spanish Total Parking 13 View Description CourtyardCity View YN Yes

Interior Features

Baths Total 13.00 Common Walls Attached Cooling Wall/Window Equipment Built-InsHood FanRange/Oven Flooring Mixed Heating Other Laundry Community

Property Features

Assessed Total Value 428695 Gross Income 165911 Gross Operating Income 165911 Like Units1 13 Net Operating Income 70353.00 Number Of Buildings 1 Number Of Units 13 Owner Pays WaterOther Sale Type Standard Security Features GatedCarbon Monoxide Detector(S)Smoke DetectorFire And Smoke Detection System Sewer In Street Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 95558 Type Of Units Multi Unit Water District Year Built Source Vendor Enhanced Zoning Lard1.5

Listing provided courtesy of Richard R.J. Kas DRE#01352771 of Coldwell Banker Realty.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-19T15:42:42.06. 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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The Jelmberg Team | Keller Williams
39-575 Washington Street, Suite #105
Palm Desert CA, 92211