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    1630 W 104th Street

    Los Angeles (City), CA 90047
    • $1,050,000
    • STATUS: Active Under Contract
    • ON SITE: 28 days
    • ID#: SB21112989
    Under Contract
    UPDATED: 92 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 of Westmont at1630 W. 104th St., Los Angeles 90047. Investors can take advantage of thisTurnkey, NON-RENT CONTROLLED asset offering strong current rents, withnearly 20% upside once units are rented for market. Two identical buildingsfor sale next door; Can be sold together for a total of 9 units.1630 W 104th St., is comprised of (1) 2-Bd/2-Ba and (2) 2-Bd/1-Ba units.These spacious units feature brand new flooring, countertops, appliances andfixtures, as well dishwashers. Plumbing and electrical have been upgraded.Additionally, each units comes with their own parking spaces. There is still roomto grow the monthly rental income once units are rented for market rate.The subject property is located in a quiet neighborhood comprised ofprimarily single-family homes. Additionally, 1630 W 104th St. is minutes fromnew developments such as SoFi Stadium, Clippers Arena, Hawthorne Mall,Ring, Hollywood Park and SpaceX. This is an ideal pickup for any investor orowner/user looking to live in one unit and let the 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/117612443
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    1630 W 104th Street Los Angeles (City), CA 90047

    • Price: $1,050,000
    • Status: Active Under Contract
    • Updated: 92 min ago
    • ID#: SB21112989
    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 of Westmont at1630 W. 104th St., Los Angeles 90047. Investors can take advantage of thisTurnkey, NON-RENT CONTROLLED asset offering strong current rents, withnearly 20% upside once units are rented for market. Two identical buildingsfor sale next door; Can be sold together for a total of 9 units.1630 W 104th St., is comprised of (1) 2-Bd/2-Ba and (2) 2-Bd/1-Ba units.These spacious units feature brand new flooring, countertops, appliances andfixtures, as well dishwashers. Plumbing and electrical have been upgraded.Additionally, each units comes with their own parking spaces. There is still roomto grow the monthly rental income once units are rented for market rate.The subject property is located in a quiet neighborhood comprised ofprimarily single-family homes. Additionally, 1630 W 104th St. is minutes fromnew developments such as SoFi Stadium, Clippers Arena, Hawthorne Mall,Ring, Hollywood Park and SpaceX. This is an ideal pickup for any investor orowner/user looking to live in one unit and let the 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 Common Interest None Community Features BikingCurbsDog ParkHikingPark Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 62460 Gross Scheduled Income 62460 Insurance Expense 0 Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Conventional Net Operating Income 39273 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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