Offered for Sale: Two Multifamily Apartment Buildings: Westchester Neighborhood Prime Development Opportunity 'TWO PARCELS' side by side. The two properties are being sold as ‘One Purchase’ under this Listing Agreement. The ‘Data Analysis’ for the two properties have been combined under one total, as it applies to each of the ‘Data’ categories. Total Units: 18: Building Size 13,259 SF: Lot Size: 24,308 SFTotal Gross Income: $ 282,852 yrly. --- Total Gross Income $23,571 monthly --- Total Operating Expenses: $ 53,744 yrly----Net Income: $ 229,108 yrly Apartment Building: Lead Address: 7113 La Tijera Blvd Los Angeles CA 90045: APN 4103-008-02614 Units: Building: 10,495 SF Lot: 16,206 SF Apartment Building: Lead Address: 7107 La Tijera Blvd Los Angeles CA 90045: APN 4103-008-0254 Unit: Building: 2,764 SF Lot: 8,102 SF Property is subject to the City of Los Angeles Rent Control Ordinance. Laundry facilities on-site: Great opportunity to develop the two properties to their full potential. Will cooperate with 1031 exchange
|
DAYS ON MARKET
|
320
|
LAST UPDATED
|
10/16/2024
|
|
YEAR BUILT
|
1952
|
COMMUNITY
|
Westchester
|
|
GARAGE SPACES
|
15.0
|
COUNTY
|
Los Angeles
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
|
Prior to Dec 30, '23
|
$5,300,000
|
| Dec 30, '23 - Today |
$5,000,000 |
| AREA |
Westchester |
| FIREPLACE |
Yes |
| GARAGE |
Yes |
| HEAT |
Central |
| HOA DUES |
0 |
| LOT |
0.56 acre(s) |
| LOT DESCRIPTION |
0-1 Unit/Acre |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| TAXES |
26004 |
| WATER |
Public |
| ZONING |
LAR3 |
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Listed with United Property Network
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/30/24 12:27 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
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