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445 W 70th St

Los Angeles, CA 90003
  • $2,535,000
  • STATUS: Active
  • ON SITE: 321 Days
  • MLS #: 21-677642
UPDATED: 32 min ago
$2,535,000
  • 18
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,289
    SQFT
  • $273
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2011
County:

School Ratings & Info

Description

Constructed in 2011, the property consists entirely of well-appointed three bedroom townhomes, each above its own private two-car garage. Offered at an attractive 4.25% current CAP Rate, this building provides an investor with a recently-constructed, high-end asset that still generates a strong, stable cash flow. Each spacious floorplan includes three bedrooms and two- and-a-half bathrooms within more than 1,500 square feet. Tenants are attracted to the in-unit washer/dryers, granite countertops, central air/heat, fireplaces, walk-in closets, and high ceilings. Every apartment includes its own private balcony, private patio, breakfast bars, and tile flooring in the kitchen and entryway. A private two-car garage is attached to each unit, offering direct entry to the apartment. Each unit features its own individual water heater, while the entire premises are guarded by a security camera system.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-11-26T21:42:43.307. 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/113109338
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445 W 70th St Los Angeles, CA 90003

  • Price: $2,535,000
  • Status: Active
  • On Site: 321 Days
  • Updated: 32 min ago
  • MLS #: 21-677642
18
Beds
0
Baths
0
½ Baths
0.33
Acres
9,289
SQFT
$273
$/SQFT
2011
Built
Neighborhood:
Downtown L.A.
County:
Los Angeles
Area:
Downtown L.A.
Property Description
Constructed in 2011, the property consists entirely of well-appointed three bedroom townhomes, each above its own private two-car garage. Offered at an attractive 4.25% current CAP Rate, this building provides an investor with a recently-constructed, high-end asset that still generates a strong, stable cash flow. Each spacious floorplan includes three bedrooms and two- and-a-half bathrooms within more than 1,500 square feet. Tenants are attracted to the in-unit washer/dryers, granite countertops, central air/heat, fireplaces, walk-in closets, and high ceilings. Every apartment includes its own private balcony, private patio, breakfast bars, and tile flooring in the kitchen and entryway. A private two-car garage is attached to each unit, offering direct entry to the apartment. Each unit features its own individual water heater, while the entire premises are guarded by a security camera system.
Exterior Features

Lot Size Area 14197 Other Structures None Parking Garage Garage Is Attached Total Parking 0

Interior Features

Baths Total 12.00 Cooling Air Conditioning Equipment Other Heating Central

Property Features

Assessed Total Value 1491199 Gross Income 181200 Gross Operating Income 175764 Like Units1 6 Net Operating Income 107973.00 Number Of Buildings 1 Number Of Units 6 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 67791 Type Of Units Residential Year Built Source Vendor Enhanced Zoning Lac2

Listing provided courtesy of Roderick 'Rick' Raymundo DRE#01357019 of Marcus & Millichap.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-11-26T21:42:43.307. 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