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    1/2 BATHS
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    $/SQFT

Listing Details

Status
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On Market
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MLS #
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Neighborhood
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Built
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School Ratings & Info

Description

Great investment opportunity in prime Downtown Fashion District with huge upsides in rent. The units are currently Single Room Occupancy units but could be converted into Studio Apartments (buyer to verify). There are 33 units-11 on each floor. There are 2 bathrooms on each floor. Building has tremendous cash flow potential. Rapidly gentrifying area, highly walkable, and with easy access to public transportation. There are separate Electric Meter per Each Apartment. Each apartment is currently on Month to Month rent. Sold AS-IS! Broker/Agent does not guarantee the accuracy of bedroom/bathroom counts, square footage, lot size, rents, expenses, or other information concerning the condition or features of property provided by Seller or obtained from public records or other sources. Buyer and/or Buyer's Agent to independently verify the information.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-18T23:42:41.19. 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/109636422
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825 Crocker St Los Angeles, CA 90021

  • Price: $4,400,000
  • Status: Active
  • Updated: 218 min ago
  • MLS #: 20-627076
33
Beds
0
Baths
0
½ Baths
0.15
Acres
13,371
SQFT
$329
$/SQFT
1908
Built
Neighborhood:
Downtown L.A.
County:
Los Angeles
Area:
Downtown L.A.
Property Description
Great investment opportunity in prime Downtown Fashion District with huge upsides in rent. The units are currently Single Room Occupancy units but could be converted into Studio Apartments (buyer to verify). There are 33 units-11 on each floor. There are 2 bathrooms on each floor. Building has tremendous cash flow potential. Rapidly gentrifying area, highly walkable, and with easy access to public transportation. There are separate Electric Meter per Each Apartment. Each apartment is currently on Month to Month rent. Sold AS-IS! Broker/Agent does not guarantee the accuracy of bedroom/bathroom counts, square footage, lot size, rents, expenses, or other information concerning the condition or features of property provided by Seller or obtained from public records or other sources. Buyer and/or Buyer's Agent to independently verify the information.
Exterior Features

Lot Size Area 6697 Other Structures None Parking Garage None Total Parking 0

Interior Features

Baths Total 6.00 Cooling None Equipment None Heating None

Property Features

Assessed Total Value 824618 Gross Income 316800 Gross Operating Income 316800 Like Units1 33 Net Operating Income 249960.00 Number Of Buildings 1 Number Of Units 33 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 66040 Type Of Units Sro Year Built Source Vendor Enhanced Zoning Lam2

Listing provided courtesy of Yehuda Rafael DRE#01924075 of Prime Group Realty.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-18T23:42:41.19. 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