1375 W 20th Street

    Los Angeles (City), CA 90007
    • $1,695,000
    • STATUS: Active Under Contract
    • ON SITE: 112 days
    • MLS #: 18392524
    Under Contract
    UPDATED: 211 min ago
    $1,695,000
    • 15
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,740
      SQFT
    • $295
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    We are pleased to present an eight unit multifamily property located at 1375 West 20th Street, in Los Angeles, California. The property is situated just north of the 10 Freeway and west of Hoover Street.The offering features an excellent unit mix of one (1) one bedroom / one bathroom unit, and seven (7) two bedroom / one bathroom units. It comes with an assumable loan that is fixed at an attractive interest rate of 3.7% for the next four years; ultimately benefitting the investor with great initial cash flow. The property also hosts ample on-site parking for tenants and guests. With close proximity to the 10 freeway, this location allows tenants quick access throughout Los Angeles and Santa Monica.The subject property is a great opportunity for any investor to acquire an asset in one of Los Angeles' hottest markets, with great initial cash flow, low vacancy rates, and the opportunity to capitalize on excellent upside in rental potential.

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    ©2019 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hacienda Group Inc. Based on information from the California Desert Association of Realtors as of 2019-01-22T23:36:05.917. 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 of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

    Licensed in the State of California, USA
    www.haciendagroupinc.com/homes/88159886

    1375 W 20th Street Los Angeles (City), CA 90007

    • Price: $1,695,000
    • Status: Active Under Contract
    • Updated: 211 min ago
    • MLS #: 18392524
    15
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    5,740
    SQFT
    $295
    $/SQFT
    1963
    Built
    Neighborhood:
    Mid Los Angeles
    County:
    Los Angeles
    Area:
    Mid Los Angeles
    Property Description
    We are pleased to present an eight unit multifamily property located at 1375 West 20th Street, in Los Angeles, California. The property is situated just north of the 10 Freeway and west of Hoover Street.The offering features an excellent unit mix of one (1) one bedroom / one bathroom unit, and seven (7) two bedroom / one bathroom units. It comes with an assumable loan that is fixed at an attractive interest rate of 3.7% for the next four years; ultimately benefitting the investor with great initial cash flow. The property also hosts ample on-site parking for tenants and guests. With close proximity to the 10 freeway, this location allows tenants quick access throughout Los Angeles and Santa Monica.The subject property is a great opportunity for any investor to acquire an asset in one of Los Angeles' hottest markets, with great initial cash flow, low vacancy rates, and the opportunity to capitalize on excellent upside in rental potential.
    Exterior Features

    Carport Or Covered Spaces 0 Pool No Total Other Spaces 0 Total Parking Spaces 8

    Interior Features

    Avg Sq Ft Studio 0 Avg Sq Ft1 Bedroom 0 Avg Sq Ft2 Bedroom 0 Avg Sq Ft3 Bedroom 0 Bathrooms 8.00 Cooling Type Air Conditioning Entry Level 0

    Property Features

    Act Total Rent 0.00 Adj Gross Income 127916.00 Annual Gross Rent 0.00 Annual Land Lease Amount 0.00 Green Year Certified 0 Gross Annual Income 0.00 Gross Operating Inc 127916.00 Gross Schedule Inc 0.00 Lot Size Source (Other) MLS Claw Mls Monthly Gross Income 0.00 Net Operating Inc 71568.00 Number Of Buildings 1 Operating Expenses 0.00 Property Subtype Residential Income Realtor Association Palm Springs Assocation Of Realtors Sale Type Standard Sale Square Footage Source Other Tax Rate 0.00 Total Annual Op Exp 53410.00 Total Taxes 0.00

    Listing information © 2019 California Desert Association of Realtors.
    Listing provided courtesy of Jason Tuvia of Marcus & Millichap.
    ©2019 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hacienda Group Inc. Based on information from the California Desert Association of Realtors as of 2019-01-22T23:36:05.917. 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 of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

    Licensed in the State of California, USA
     
    Hacienda Group Inc
    77935 Calle Tampico # 201
    La Quinta CA, 92253