Property Showcase

1570 E 110Th StLos Angeles, CA 90059

$849,000
Multi-Family
Status: Active
  • Bed:4
  • Bath:5
  • Sqft:2,052
  • Lot:4,162 sq ft
  • MLS#: 21-681854
33.935703277587891-118.24662780761719
Courtesy Of BRC Advisors- BH

Description:

We are pleased to offer this five unit offering, located in the City of Los Angeles. The unit mix consists of four 1+1 units and one large commercial unit. The commercial unit is currently vacant, and can be converted into an ADU and rented out for additional income. On-site parking includes two secure one-car driveways, with plenty of street parking available nearby. Recent property upgrades include a new roof (2018), updated aluminum windows throughout, new exterior lighting, new exterior paint, new exterior wrought iron, and new exterior building and unit numbers. Additionally, the four occupied 1+1 units have all been remodeled within the last two years, and the property is separately metered for gas & electricity. The property is located in a Qualified Opportunity Zone, the property is subject to City of Los Angeles Rent Stabilization Ordinance, and not subject to the Los Angeles Soft-Story Retrofit Program.

Main Features:

Listing Status Active Year Built 1927
County Los Angeles Rental Price $0
Units 5 Zoning LAR2

Additional Features:

Board The Combined Los Angeles/Westside MLS
Cooling None
Disclosures None
Heating Wall Gas
Other Structures None
OtherEquipment None
Parking Driveway Gate
Special Conditions Standard
Unit 1 Furnished No
Unit 2 Furnished No
Unit 3 Furnished No
Unit 4 Furnished No
Unit 5 Furnished No

Extra Features:

Cap Rate 7.14 Co Listing Office ID X82405
Expenses 18641 Gross Income 82843
Gross Operating Income 78701 Listing Agent License Number 02031785
Lot Size Area 4162 LP Per SQFT 413.74
Net Operating Income 60060.00 Number of Buildings 2
Office Co List Name BRC Advisors- BH Parking Spaces 2
Total Acres 0.0955 Unit 1 Bathrooms 1.00
Unit 1 Bedrooms 1 Unit 1 Rent 1509.00
Unit 1 Total Units 1 Unit 2 Bathrooms 1.00
Unit 2 Bedrooms 1 Unit 2 Rent 1531.00
Unit 2 Total Units 1 Unit 3 Bathrooms 1.00
Unit 3 Bedrooms 1 Unit 3 Rent 1500.00
Unit 3 Total Units 1 Unit 4 Bathrooms 1.00
Unit 4 Bedrooms 1 Unit 4 Rent 1463.00
Unit 5 Bathrooms 1.00 Unit 5 Bedrooms 0
Unit 5 Rent 900.00 Unit 5 Total Units 1

Information being provided is 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. The information is copyrighted in 2021 by the Combined L.A./Westside Multiple Listing Service, Inc. L.A., CA. Any dissemination of this information in violation of copyright laws is strictly prohibited. TheMLS
Information deemed reliable but not guaranteed.
Copyright© 2021 Combined L.A./Westside Multiple Listing Service, Inc. L.A., CA. All Rights Reserved.
Last Updated On: 5/11/2021 7:33:39 AM

1570 E 110Th St, Los Angeles, CA 90059

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Information being provided is 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. The information is copyrighted in 2021 by the Combined L.A./Westside Multiple Listing Service, Inc. L.A., CA. Any dissemination of this information in violation of copyright laws is strictly prohibited. TheMLS
Information deemed reliable but not guaranteed.
Copyright© 2021 Combined L.A./Westside Multiple Listing Service, Inc. L.A., CA. All Rights Reserved.
Last Updated On: 5/11/2021 7:33:39 AM

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