5407 2nd Avenue

    Los Angeles (City), CA 90043
    • $750,000
    • STATUS: Active Under Contract
    • ON SITE: 65 days
    • MLS #: 18407070
    Under Contract
    $750,000
    • 8
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,704
      SQFT
    • $159
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1922
    County:

    School Ratings & Info

    Description

    Huge four (4) unit building. Each unit is spacious 2BD/2BA and over 1175sqft each. Near 54th St. and soon-to-be-finished Crenshaw Line. Can be perfect for FHA owner occupant. Over 4700+ sqft on large 6150+ sqft lot. Newer electrical, newer meters. 2 units have been completely remodeled in last few years. 2 units are older. All bathrooms have new bathtubs and tile floors. Entire building remodeled to city code in 2001. Parking in back (enter thru alley) plus four (1) one car detached garages (need roof repair) can rent $150/month each. All tenants on month-to-month, paying electric, gas and trash. Conveniently located close to new Crenshaw Line and Inglewood Football Stadium. Seller can provide Property Profile with current market comps ranging from $1.3M-$950k. But owner wants it sold for another project. This property has great upside for major profit over next 3-5 years. Could be great for owner occupant FHA. Wont last!

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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 2019-01-17T23:36:35.973. 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/89375264

    5407 2nd Avenue Los Angeles (City), CA 90043

    • Price: $750,000
    • Status: Active Under Contract
    • MLS #: 18407070
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    4,704
    SQFT
    $159
    $/SQFT
    1922
    Built
    Neighborhood:
    Park Hills Heights
    County:
    Los Angeles
    Area:
    Park Hills Heights
    Property Description
    Huge four (4) unit building. Each unit is spacious 2BD/2BA and over 1175sqft each. Near 54th St. and soon-to-be-finished Crenshaw Line. Can be perfect for FHA owner occupant. Over 4700+ sqft on large 6150+ sqft lot. Newer electrical, newer meters. 2 units have been completely remodeled in last few years. 2 units are older. All bathrooms have new bathtubs and tile floors. Entire building remodeled to city code in 2001. Parking in back (enter thru alley) plus four (1) one car detached garages (need roof repair) can rent $150/month each. All tenants on month-to-month, paying electric, gas and trash. Conveniently located close to new Crenshaw Line and Inglewood Football Stadium. Seller can provide Property Profile with current market comps ranging from $1.3M-$950k. But owner wants it sold for another project. This property has great upside for major profit over next 3-5 years. Could be great for owner occupant FHA. Wont last!
    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 None Entry Level 0

    Property Features

    Act Total Rent 0.00 Adj Gross Income 32666.00 Annual Gross Rent 0.00 Annual Land Lease Amount 0.00 Disclosures Property As Is Green Year Certified 0 Gross Annual Income 0.00 Gross Operating Inc 49896.00 Gross Schedule Inc 0.00 Lot Size Source (Assessor) MLS Claw Mls Monthly Gross Income 0.00 Net Operating Inc 32666.00 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 Assessor Tax Rate 0.00 Total Annual Op Exp 17230.00 Total Taxes 0.00

    Listing information © 2019 California Desert Association of Realtors.
    Listing provided courtesy of Andrew Watkins of Pacific Playa Realty.
    ©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 2019-01-17T23:36:35.973. 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