1403 E 23RD Street

    Los Angeles (City), CA 90011
    • $698,000
    • STATUS: Active
    • ON SITE: 79 days
    • ID#: 18379130
    UPDATED: 28 min ago
    $698,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,900
      SQFT
    • $241
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1947
    County:

    School Ratings & Info

    Description

    PERFECT OPPORTUNITY FOR FIRST TIME INVESTORS OR IDEAL ADDITION TO AN EXISTING INVESTMENT PORTFOLIO! STEADY CASH FLOW & LOW MAINTENANCE. CONVENIENTLY LOCATED NEAR USC. DWTN LA, & CLOSE TO MAJOR FREEWAYS ALL UNITS HAVE BEEN MAINTAINED & CARED FOR, STRONG RENTAL UPSIDE; UP & COMING NEIGHBORHOOD W/ POTENTIAL FOR SIGNIFICANT GROWTH. PRICED TO SELL, LISTING PRICE FOR SUBJECT PROPERTY IS LESS THAN MOST 1BR/1BA CONDO IN DTWN LA. WILL NOT LAST!!! (SHOWINGS ONLY SUBJECT TO ACCEPTED OFFER)

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-18T21:29:37.49. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.debonishomes.com/homes/87037177

    1403 E 23RD Street Los Angeles (City), CA 90011

    • Price: $698,000
    • Status: Active
    • Updated: 28 min ago
    • ID#: 18379130
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    2,900
    SQFT
    $241
    $/SQFT
    1947
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    PERFECT OPPORTUNITY FOR FIRST TIME INVESTORS OR IDEAL ADDITION TO AN EXISTING INVESTMENT PORTFOLIO! STEADY CASH FLOW & LOW MAINTENANCE. CONVENIENTLY LOCATED NEAR USC. DWTN LA, & CLOSE TO MAJOR FREEWAYS ALL UNITS HAVE BEEN MAINTAINED & CARED FOR, STRONG RENTAL UPSIDE; UP & COMING NEIGHBORHOOD W/ POTENTIAL FOR SIGNIFICANT GROWTH. PRICED TO SELL, LISTING PRICE FOR SUBJECT PROPERTY IS LESS THAN MOST 1BR/1BA CONDO IN DTWN LA. WILL NOT LAST!!! (SHOWINGS ONLY SUBJECT TO ACCEPTED OFFER)
    Exterior Features

    Lot Size Units Square Feet Parking Features StreetGarage - Two DoorOtherUncovered Parking YN Yes

    Interior Features

    Appliances Garbage DisposalRefrigerator Appliances YN Yes Cooling Wall WindowSee Remarks Cooling YN Yes Laundry Features See Remarks

    Property Features

    Association Amenities Other Association YN Yes Cap Rate 8.30 Gross Multiplier 10.77 Gross Operating Income 64800.00 Improvements Amount 170166 Land Value 105657 Laundry YN Yes Net Operating Income 58320.00 Special Listing Conditions Standard Total Expenses 6480.00 Zoning Lar2

    Listing provided courtesy of Charles H. Le of Re/Max Estate Properties.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-18T21:29:37.49. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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