4806 8TH Avenue

    Los Angeles (City), CA 90043
    • $839,000
    • STATUS: Active
    • ON SITE: 30 days
    • MLS #: 20558928
    UPDATED: 67 min ago
    $839,000
    • 6
      BEDS
    • 0.15
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,790
      SQFT
    • $469
      $/SQFT
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    Description

    This beautiful Spanish duplex is an incredible investment opportunity in prime Leimert Park. With strong cash flow and upside potential in rents, you can't go wrong with this one! Upgrades to kitchens, baths, plumbing, electrical/panels, central AC/heat. Walking distance to the new Crenshaw expo line station (near completion), blocks from new Kaiser hospital and the development project set to go underway at the site of the Baldwin Hills Crenshaw Mall.

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    Based on information from CRISNet MLS as of 2020-03-30T10:43:07.24. 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.

    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-03-30T10:43:07.24. 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.

    Based on information from the Conejo Simi Moorpark Association of Realtors as of 2020-03-30T10:43:07.24. 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.

    Based on information from the i-Tech MLS as of 2020-03-30T10:43:07.24. 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.

    Licensed in the State of California, USA.
    www.jelmbergteam.com/homes/103693516

    4806 8TH Avenue Los Angeles (City), CA 90043

    • Price: $839,000
    • Status: Active
    • Updated: 67 min ago
    • MLS #: 20558928
    6
    Beds
    2
    Baths
    0
    ½ Baths
    0.15
    Acres
    1,790
    SQFT
    $469
    $/SQFT
    1924
    Built
    Neighborhood:
    Park Hills Heights (PHHT)
    County:
    Los Angeles
    Area:
    Park Hills Heights (PHHT)
    Property Description
    This beautiful Spanish duplex is an incredible investment opportunity in prime Leimert Park. With strong cash flow and upside potential in rents, you can't go wrong with this one! Upgrades to kitchens, baths, plumbing, electrical/panels, central AC/heat. Walking distance to the new Crenshaw expo line station (near completion), blocks from new Kaiser hospital and the development project set to go underway at the site of the Baldwin Hills Crenshaw Mall.
    Exterior Features

    Building Structure Style Spanish Other Structures Shed Parking Features Driveway - Concrete Parking Spaces Total 4

    Interior Features

    Appliances DryerGarbage DisposalRefrigeratorWasher Cooking Appliances MicrowaveRange Cooling Type Central A/C Heating Type Central Furnace Laundry Locations Laundry Area In Unit Levels One Level Total Floors 1 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Partially Unit Furnished04 Partially 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 Bed01 3 Unit Number Of Bed02 3

    Property Features

    Adjusted Gross Income 52632.00 Assessed Improvement Value 150000.00 Assessed Land Value 260000.00 Cap Rate 4.80 Country United States Of America Expense Total Annual 13158.00 Gross Operating Income 52632.00 Gross Rent Multiplier 15.90 Hoa YN N Legal Disclosures Take Property As Is Lot Size Source Public Records Net Operating Income 39474.00 Number Of Buildings 1 Property Condition Updated/Remodeled Special Conditions Standard Sale Square Footage Source Public Records Unit Monthly Rent01 2225.00 Unit Monthly Rent02 2161.00 Unit Projected Total Monthly Rent01 2750.00 Unit Projected Total Monthly Rent02 2750.00 Unit Total Monthly Rent01 2225.00 Unit Total Monthly Rent02 2161.00 Unit Type01 1 Unit Type02 1 Units Total In Complex 2 Zoning Lar1

    Listing provided courtesy of Kaela Whelan DRE#01965737 of Keller Williams Silicon Beach.


    Based on information from CRISNet MLS as of 2020-03-30T10:43:07.24. 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.

    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-03-30T10:43:07.24. 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.

    Based on information from the Conejo Simi Moorpark Association of Realtors as of 2020-03-30T10:43:07.24. 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.

    Based on information from the i-Tech MLS as of 2020-03-30T10:43:07.24. 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.

    Licensed in the State of California, USA.
     
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