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    1626 W 104th Street

    Los Angeles (City), CA 90047
    • $1,050,000
    • STATUS: Active Under Contract
    • ON SITE: 28 days
    • ID#: SB21113040
    Under Contract
    UPDATED: 50 min ago
    $1,050,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1983
    County:

    School Ratings & Info

    Description

    Turn Key, 1983 construction 3-unit asset located in the heart ofWestmont at 1626 W. 104th St., Los Angeles 90047. With Prop 21 failingto pass, investors can take advantage of this Turnkey, NON-RENTCONTROLLED asset offering strong current rents, with room to grow themonthly income. Two identical buildings for sale next door; Can be sold together for a total of 9 units.1626 W 104th St., is comprised of (1) 2-Bd/2-Ba units and (2) 2-Bd/1-Baunits. These spacious units feature new flooring, countertops,appliances and fixtures, as well dishwashers. Plumbing and electricalhave been upgraded. Additionally, each units comes with their ownparking spaces. Laundry room on site. There is still room to grow therental income nearly 20%.The subject property is located in a quiet neighborhood comprised ofprimarily single-family homes. Additionally, 1626 W 104th St. is minutesfrom new developments such as SoFi Stadium, Clippers Arena,Hawthorne Mall, Ring, Hollywood Park and SpaceX. This is an idealpickup for any investor or owner/user looking to live in one unit and letthe others pay off the mortgage!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-06-24T19:45:35.83. 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/117612425
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    1626 W 104th Street Los Angeles (City), CA 90047

    • Price: $1,050,000
    • Status: Active Under Contract
    • Updated: 50 min ago
    • ID#: SB21113040
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    1983
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    Turn Key, 1983 construction 3-unit asset located in the heart ofWestmont at 1626 W. 104th St., Los Angeles 90047. With Prop 21 failingto pass, investors can take advantage of this Turnkey, NON-RENTCONTROLLED asset offering strong current rents, with room to grow themonthly income. Two identical buildings for sale next door; Can be sold together for a total of 9 units.1626 W 104th St., is comprised of (1) 2-Bd/2-Ba units and (2) 2-Bd/1-Baunits. These spacious units feature new flooring, countertops,appliances and fixtures, as well dishwashers. Plumbing and electricalhave been upgraded. Additionally, each units comes with their ownparking spaces. Laundry room on site. There is still room to grow therental income nearly 20%.The subject property is located in a quiet neighborhood comprised ofprimarily single-family homes. Additionally, 1626 W 104th St. is minutesfrom new developments such as SoFi Stadium, Clippers Arena,Hawthorne Mall, Ring, Hollywood Park and SpaceX. This is an idealpickup for any investor or owner/user looking to live in one unit and letthe others pay off the mortgage!
    Exterior Features

    Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 3 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 2+ Common Walls

    Property Features

    Additional Parcels YN No Cap Rate 4.03 Common Interest None Community Features BikingCurbsHikingPark Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 65640 Gross Scheduled Income 65640 Insurance Expense 0 Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Conventional Net Operating Income 42294 New Construction YN No New Taxes Expense 0 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 20064 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Vacancy Allowance Rate 5 Water Sewer Expense 0 Water Source Public Zoning Lcr2*

    Listing provided courtesy of Cameron Samimi of Lyon Stahl Investment Real Estate, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-06-24T19:45:35.83. 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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