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1749 E 69th Street

Los Angeles (City), CA 90001
  • $999,999
  • STATUS: Active
  • ON SITE: 203 Days
  • ID#: PW24053449
Price Reduced
UPDATED: 84 min ago
$999,999
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1901
County:

School Ratings & Info

Listing Agent(s): Miguel Pompa of RE/MAX New Dimension (714-542-7475) and Edgar Adame of ()


Description

7-unit apartment building. There are 2 buildings with a unit mix of (3) studios, (3) one-bedroom, one-bathroom units and (1) two-bedroom, one-bathroom unit. Prime investment opportunity with significant value add potential, 90% rental upside. The property is situated in the Florence-Graham area and is just a few miles away from Downtown and a short distance to many restaurants, retail outlets and metro stations.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-10-05T23:28:56.863. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Go Gabby | RE/MAX Estate Properties. Licensed in the State of California, USA.
www.gogabby.com/homes/148654966
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1749 E 69th Street Los Angeles (City), CA 90001

  • Price: $999,999
  • Status: Active
  • On Site: 203 Days
  • Updated: 84 min ago
  • ID#: PW24053449
0
Beds
0
Baths
0
½ Baths
0.22
Acres
1901
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
7-unit apartment building. There are 2 buildings with a unit mix of (3) studios, (3) one-bedroom, one-bathroom units and (1) two-bedroom, one-bathroom unit. Prime investment opportunity with significant value add potential, 90% rental upside. The property is situated in the Florence-Graham area and is just a few miles away from Downtown and a short distance to many restaurants, retail outlets and metro stations.
Exterior Features

Construction Materials Drywall Entry Level 1 Fencing Chain Link Lot Features Corner Lot Roof Shingle Sign On Property YN No

Interior Features

Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Common Interest Community Apartment Electric Expense 7970 Gross Scheduled Income 74184 Insurance Expense 7363 Land Lease YN No Laundry Features Washer HookupGas Dryer Hookup Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 ExchangeSubmit Net Operating Income 38574 Number Of Units Leased 7 Operating Expense 35610 Property Sub Type Multi Family Security Features Carbon Monoxide Detector(s)Fire Detection SystemSmoke Detector(s) Special Listing Conditions Standard Tax Annual Amount 12969.4 Tax Year 2023 Trash Expense 0 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 3060 Water Source Public Zoning LCR4YY



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-10-05T23:28:56.863. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Go Gabby | RE/MAX Estate Properties. Licensed in the State of California, USA.
 
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Go Gabby | RE/MAX Estate Properties
1901 S Catalina Ave.
Redondo Beach CA, 90277
Listing Agent(s): Miguel Pompa of RE/MAX New Dimension (714-542-7475) and Edgar Adame of ()