3325 Andrita Street

    Los Angeles (City), CA 90065
    • $4,350,000
    • STATUS: Active
    • ON SITE: 16 days
    • MLS #: 19517386
    UPDATED: 78 min ago
    $4,350,000
    • 18
      BEDS
    • 0.29
      ACRES
    • 14
      BATHS
    • 0
      1/2 BATHS
    • 10,040
      SQFT
    • $433
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1991
    County:

    School Ratings & Info

    Description

    *20% potential rent upside versus current market rents*1991 Year Built Construction*Excellent Unit Mix*Recently replaced roof*Controlled Access parking and walk-in entry*Not subject to City of Los Angeles Rent Control OrdinanceThis may be one of the last low hanging fruit value add repositioning opportunities in Los Angeles.*Ample covered ground level parking*Separately metered for gas and electric*Proposed CA Tenant Protection Act Allows Up to 10% Rent increases annually and unlimited increases on vacated units*In regentrifying Glassell Park district of Los Angeles*Leverage the value you may may with low interest rate financing

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    Based on information from CARETS as of 2019-10-20T09:44:02.867. 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 web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.jelmbergteam.com/homes/99588295

    3325 Andrita Street Los Angeles (City), CA 90065

    • Price: $4,350,000
    • Status: Active
    • Updated: 78 min ago
    • MLS #: 19517386
    18
    Beds
    14
    Baths
    0
    ½ Baths
    0.29
    Acres
    10,040
    SQFT
    $433
    $/SQFT
    1991
    Built
    Neighborhood:
    Glassell Park (623)
    County:
    Los Angeles
    Area:
    Glassell Park (623)
    Property Description
    *20% potential rent upside versus current market rents*1991 Year Built Construction*Excellent Unit Mix*Recently replaced roof*Controlled Access parking and walk-in entry*Not subject to City of Los Angeles Rent Control OrdinanceThis may be one of the last low hanging fruit value add repositioning opportunities in Los Angeles.*Ample covered ground level parking*Separately metered for gas and electric*Proposed CA Tenant Protection Act Allows Up to 10% Rent increases annually and unlimited increases on vacated units*In regentrifying Glassell Park district of Los Angeles*Leverage the value you may may with low interest rate financing
    Exterior Features

    Parking Features Private Garage Parking Spaces Total 17

    Interior Features

    Cooking Appliances Range Cooling Type Wall Or Window Units Heating Type Other Total Floors 3 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Unfurnished Unit Furnished04 Unfurnished Unit Furnished05 Partially Unit Furnished06 Partially Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 1.0 Unit Number Of Bath02 1.0 Unit Number Of Bath03 2.0 Unit Number Of Bath04 2.0 Unit Number Of Bed01 1 Unit Number Of Bed02 2 Unit Number Of Bed03 2 Unit Number Of Bed04 3

    Property Features

    Adjusted Gross Income 259824.00 Assessed Improvement Value 739371.00 Assessed Land Value 1436492.00 Buyer Financing Cash To New Loan Country United States Of America Expense Total Annual 88340.00 Gross Operating Income 252029.00 Gross Rent Multiplier 16.70 Hoa YN N Legal Disclosures No Property Assessments Listing Terms Cash To New Loan Lot Size Source Other Net Operating Income 163689.00 Number Of Buildings 1 Special Conditions Standard Sale Square Footage Source Other Unit Monthly Rent01 1412.50 Unit Monthly Rent02 1544.00 Unit Monthly Rent03 1675.00 Unit Monthly Rent04 1700.00 Unit Projected Total Monthly Rent01 6450.00 Unit Projected Total Monthly Rent02 1881.00 Unit Projected Total Monthly Rent03 15505.00 Unit Projected Total Monthly Rent04 2200.00 Unit Total Monthly Rent01 5650.00 Unit Total Monthly Rent02 12350.00 Unit Total Monthly Rent03 12350.00 Unit Total Monthly Rent04 1700.00 Unit Type01 4 Unit Type02 8 Unit Type03 1 Unit Type04 1 Units Total In Complex 14 Zoning Lard2

    Listing provided courtesy of Carlos A.G. Gonzalez DRE#00976287 of Dealtrade Inc..


    Based on information from CARETS as of 2019-10-20T09:44:02.867. 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 web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
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