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    130 W 85th Street

    Los Angeles (City), CA 90003
    • $1,200,000
    • STATUS: Coming Soon
    • ON SITE: 11 days
    • ON MARKET: 06/19/2021
    • ID#: CV21121644
    Coming Soon
    UPDATED: 70 min ago
    $1,200,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    FHA OFFERS WELCOME!!!! GREAT INVESTMENT PROPERTY IN THE BEST AREA OF SOUTH CENTRAL....3 UNITS! CONVENTIONAL & CASH OFFERS WELCOME. TITLE SHOWS PROPERTY AS A 4 BED/3 BA. HOWEVER, PROPERTY SHOWS AS A 1 BED/1 BA., 1 BED/ 1BA. W/ A BONUS ROOM, AND A 2 BED/1 BA. W/ BONUS ROOM. BUYER TO CONDUCT THEIR OWN INVESTIGATION TO SATISFY THEMSELVES. PROPERTY HAS PASSED CITY INSPECTIONS. ONE UNIT TO POSSIBLY BE DELIVERED VACANT WITH ATTRACTIVE OFFER. AMAZING INCOME PROPERTY FOR ALL INVESTORS.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-06-17T14:51:56.793. 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 or First Team Real Estate. Licensed in the State of California, USA.
    www.homesforsaleinorangecountyca.com/homes/117956764
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    130 W 85th Street Los Angeles (City), CA 90003

    • Price: $1,200,000
    • Status: Coming Soon
    • Updated: 70 min ago
    • ID#: CV21121644
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    1923
    Built
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    Property Description
    FHA OFFERS WELCOME!!!! GREAT INVESTMENT PROPERTY IN THE BEST AREA OF SOUTH CENTRAL....3 UNITS! CONVENTIONAL & CASH OFFERS WELCOME. TITLE SHOWS PROPERTY AS A 4 BED/3 BA. HOWEVER, PROPERTY SHOWS AS A 1 BED/1 BA., 1 BED/ 1BA. W/ A BONUS ROOM, AND A 2 BED/1 BA. W/ BONUS ROOM. BUYER TO CONDUCT THEIR OWN INVESTIGATION TO SATISFY THEMSELVES. PROPERTY HAS PASSED CITY INSPECTIONS. ONE UNIT TO POSSIBLY BE DELIVERED VACANT WITH ATTRACTIVE OFFER. AMAZING INCOME PROPERTY FOR ALL INVESTORS.
    Exterior Features

    Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 3 Open Parking Spaces 4 Parking Features Assigned Parking Total 7 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Appliances Gas Oven Common Walls 1 Common Wall Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring LaminateTile Heating Wall Furnace Heating YN Yes

    Property Features

    Additional Parcels YN No Cap Rate 4.6 Common Interest None Community Features CurbsStorm Drain(S)Street LightsSidewalksUrban Contingency Contingent Upon 1031 Exchange. Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 70800 Gross Scheduled Income 70800 Insurance Expense 1560 Laundry Features In Garage Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To Existing LoanCash To New LoanConventionalCal Vet Loan1031 ExchangeFha 203(B)Fha 203(K)FhaFannie MaeSubmitVa Loan Net Operating Income 59700 New Construction YN No New Taxes Expense 16200 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 11100 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 300 Utilities Sewer Connected Water Sewer Expense 6000 Water Source Public Zoning Lac2

    Listing provided courtesy of Cesar Gonzalez of Homequest Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-06-17T14:51:56.793. 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 or First Team Real Estate. Licensed in the State of California, USA.
     
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