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1400 Exposition Blvd

Los Angeles, CA 90018
  • $1,500,000
  • STATUS: Active
  • ON SITE: 92 Days
  • MLS #: 21-778240
$1,500,000
  • 12
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,996
    SQFT
  • $375
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Description

We are pleased to offer the opportunity to acquire this four (4) unit multifamily investment opportunity located at 1400 Exposition Blvd, just a short distance from the internationally renowned University of Southern California (USC). This two-story building is located in an Opportunity Zone, and was constructed of wood frame and stucco on a raised foundation built in 1963 with a square footage of 3,996 on a 6,002-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 four (4) spacious 3-bedroom+ 1-bathroom units. The subject property is 100% occupied, and all tenants are current with rental payments.The investment boasts spacious floor plans, secured gated entry, an on-site laundry room for additional income, Ten (10) on-site parking spaces, and individually metered for gas and electricity.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-11-30T23:43:16.143. 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.haciendagroupinc.com/homes/120949416
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1400 Exposition Blvd Los Angeles, CA 90018

  • Price: $1,500,000
  • Status: Active
  • On Site: 92 Days
  • MLS #: 21-778240
12
Beds
0
Baths
0
½ Baths
0.14
Acres
3,996
SQFT
$375
$/SQFT
1963
Built
Neighborhood:
Los Angeles Southwest
County:
Los Angeles
Area:
Los Angeles Southwest
Property Description
We are pleased to offer the opportunity to acquire this four (4) unit multifamily investment opportunity located at 1400 Exposition Blvd, just a short distance from the internationally renowned University of Southern California (USC). This two-story building is located in an Opportunity Zone, and was constructed of wood frame and stucco on a raised foundation built in 1963 with a square footage of 3,996 on a 6,002-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 four (4) spacious 3-bedroom+ 1-bathroom units. The subject property is 100% occupied, and all tenants are current with rental payments.The investment boasts spacious floor plans, secured gated entry, an on-site laundry room for additional income, Ten (10) on-site parking spaces, and individually metered for gas and electricity.
Exterior Features

Lot Size Area 6002 Other Structures Other Parking Garage Carport Total Parking 10

Interior Features

Baths Total 4.00 Cooling Other Equipment Other Heating Other

Property Features

Assessed Total Value 764721 Gross Income 115800 Gross Operating Income 115800 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 89978.00 Number Of Buildings 1 Number Of Units 4 Sale Type Standard Source Living Area Other Source Lot Size Area Other Total Annual Expense 24665 Type Of Units Apartment Year Built Source Other Zoning Lard1.5

Listing provided courtesy of Adam Shamooelian DRE# of Keller Williams Beverly Hills.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-11-30T23:43:16.143. 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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Hacienda Agency Inc
77935 Calle Tampico # 201
La Quinta CA, 92253