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    1/2 BATHS
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Listing Details

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School Ratings & Info

Description

OPPORTUNITY ZONE- Attention Investors! The property consists of three brand new ground-up units. Buy before CofO is issued to take advantage of the tax opportunities. These three units consist on one Single Family Home (1,863 sqft) with four bedrooms and three and a half bathrooms, and a duplex unit in the back (each of these two units is 1,219 sqft) with three bedrooms and three bathrooms each. These units are built with great materials by one of the most reputable development groups in the area. Location is a plus! Close to Culver City, Downtown, and 10 freeway. Easy to rent.

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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/120453019
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5462-5464 Geer St Los Angeles, CA 90016

  • Price: $2,240,000
  • Status: Active
  • Updated: 60 min ago
  • MLS #: 21-771040
10
Beds
0
Baths
0
½ Baths
0.11
Acres
4,303
SQFT
$521
$/SQFT
2021
Built
Neighborhood:
Mid Los Angeles
County:
Los Angeles
Area:
Mid Los Angeles
Property Description
OPPORTUNITY ZONE- Attention Investors! The property consists of three brand new ground-up units. Buy before CofO is issued to take advantage of the tax opportunities. These three units consist on one Single Family Home (1,863 sqft) with four bedrooms and three and a half bathrooms, and a duplex unit in the back (each of these two units is 1,219 sqft) with three bedrooms and three bathrooms each. These units are built with great materials by one of the most reputable development groups in the area. Location is a plus! Close to Culver City, Downtown, and 10 freeway. Easy to rent.
Exterior Features

Covered Parking 6 Lot Size Area 4804 Other Structures None Parking Garage Covered Parking Style Architectural Total Parking 6

Interior Features

Baths Total 10.00 Cooling Central Equipment Garbage DisposalDishwasherDryerRange/OvenRefrigeratorWasher Heating Central Laundry In Unit

Property Features

Assessed Total Value 720000 Electric Expense 720.00 Gross Income 140400 Gross Operating Income 136188 Insurance Expense 2500.00 Like Units1 1 Like Units2 1 Like Units3 1 Net Operating Income 109968.00 Number Of Buildings 2 Number Of Units 3 Owner Pays Electricity Rent Control YN No Sale Type Standard Source Living Area Developer Source Lot Size Area Assessor Source Lot Size Dimensions Assessor Tenant Pays GasElectricityCable TvWaterTrash Collection Total Annual Expense 26220 Type Of Units Sfh & Duplex Water Heaters YN Yes Year Built Source Builder Zoning Lard1.5

Listing provided courtesy of Maria Anderson DRE#01874132 of Phoenix Re Consulting.


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