3361 Andrita Street

    Los Angeles (City), CA 90065
    • $2,100,000
    • STATUS: Closed
    • ON SITE: 244 days
    • MLS #: 19-514652
    Sold - 01/15/2020
    $2,100,000
    SOLD - 01/15/2020
    • 11
      BEDS
    • 0.48
      ACRES
    • 11
      BATHS
    • 0
      1/2 BATHS
    • 5,783
      SQFT
    • $0
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    Description

    We are pleased to offer for sale this ten (10) unit, multifamily investment opportunity located at 3361 Andrita Street, in the City of Los Angeles. These two-story buildings, consisting of four (4) separate structures, was constructed of wood frame and stucco on a raised foundation built in 1960 with a square footage of 5,783 on a 20,786-square foot lot. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of six (6) 1+1 units, one (1) studio, two (2) 2+1 units, and one (1) 3+1 unit. Excellent value-add opportunity for a new investor or developer. The site is fully entitled with permits, Ready to Issue, and shovel ready for 10 subdivision homes.

    Sold by Davis Saadian BRE#01921748 of Brc Advisors- Bh.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-05-26T23:43:37.767. 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/99335916

    3361 Andrita Street Los Angeles (City), CA 90065

    • Price: $2,495,000
    • Status: Closed
    • Updated: 72 min ago
    • MLS #: 19-514652
    11
    Beds
    11
    Baths
    0
    ½ Baths
    0.48
    Acres
    5,783
    SQFT
    $0
    $/SQFT
    1960
    Built
    Neighborhood:
    Glassell Park (623)
    County:
    Los Angeles
    Area:
    Glassell Park (623)
    Property Description
    We are pleased to offer for sale this ten (10) unit, multifamily investment opportunity located at 3361 Andrita Street, in the City of Los Angeles. These two-story buildings, consisting of four (4) separate structures, was constructed of wood frame and stucco on a raised foundation built in 1960 with a square footage of 5,783 on a 20,786-square foot lot. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of six (6) 1+1 units, one (1) studio, two (2) 2+1 units, and one (1) 3+1 unit. Excellent value-add opportunity for a new investor or developer. The site is fully entitled with permits, Ready to Issue, and shovel ready for 10 subdivision homes.
    Exterior Features

    Parking Spaces Total 11 Parking Type Other

    Interior Features

    Cooling Type Other Heating Type Other Interior Features Other Total Floors 0 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Unfurnished Unit Furnished04 Unfurnished Unit Furnished05 Unfurnished Unit Furnished06 Unfurnished Unit Furnished07 Unfurnished Unit Furnished08 Unfurnished Unit Furnished09 Unfurnished Unit Furnished10 Unfurnished 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 1.0 Unit Number Of Bath04 1.0 Unit Number Of Bath05 1.0 Unit Number Of Bath06 1.0 Unit Number Of Bath07 1.0 Unit Number Of Bath08 1.0 Unit Number Of Bath09 1.0 Unit Number Of Bath10 1.0 Unit Number Of Bed01 1 Unit Number Of Bed02 1 Unit Number Of Bed03 1 Unit Number Of Bed04 1 Unit Number Of Bed05 1 Unit Number Of Bed06 1 Unit Number Of Bed07 0 Unit Number Of Bed08 2 Unit Number Of Bed09 2 Unit Number Of Bed10 3

    Property Features

    Adjusted Gross Income 219000.00 Assessed Improvement Value 285184.00 Assessed Land Value 664377.00 Cap Rate 6.60 Country United States Of America Expense Total Annual 50809.00 Gross Operating Income 219000.00 Gross Rent Multiplier 11.39 Hoa YN N Legal Disclosures Take Property As Is Lot Size Source Appraiser Net Operating Income 163811.00 Number Of Buildings 4 Special Conditions Standard Sale Square Footage Source Appraiser Unit Monthly Rent01 1700.00 Unit Monthly Rent02 1700.00 Unit Monthly Rent03 1700.00 Unit Monthly Rent04 1700.00 Unit Monthly Rent05 1700.00 Unit Monthly Rent06 1700.00 Unit Monthly Rent07 1350.00 Unit Monthly Rent08 2100.00 Unit Monthly Rent09 2100.00 Unit Monthly Rent10 2500.00 Unit Projected Total Monthly Rent01 1700.00 Unit Projected Total Monthly Rent02 1700.00 Unit Projected Total Monthly Rent03 1700.00 Unit Projected Total Monthly Rent04 1700.00 Unit Projected Total Monthly Rent05 1700.00 Unit Projected Total Monthly Rent06 1700.00 Unit Projected Total Monthly Rent07 1350.00 Unit Projected Total Monthly Rent08 2100.00 Unit Projected Total Monthly Rent09 2100.00 Unit Projected Total Monthly Rent10 2500.00 Unit Total Monthly Rent01 1700.00 Unit Total Monthly Rent02 1700.00 Unit Total Monthly Rent03 1700.00 Unit Total Monthly Rent04 1700.00 Unit Total Monthly Rent05 1700.00 Unit Total Monthly Rent06 1700.00 Unit Total Monthly Rent07 1350.00 Unit Total Monthly Rent08 2100.00 Unit Total Monthly Rent09 2100.00 Unit Total Monthly Rent10 2500.00 Unit Type01 1 Unit Type02 1 Unit Type03 1 Unit Type04 1 Unit Type05 1 Units Total In Complex 10 Zoning Lard2

    Listing provided courtesy of Davis Saadian DRE#01921748 of Brc Advisors- Bh.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-05-26T23:43:37.767. 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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