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    430 N Bixel St

    Los Angeles, CA 90026
    • $1,845,000
    • STATUS: Active
    • ON SITE: 98 days
    • MLS #: 21-702024
    UPDATED: 41 min ago
    $1,845,000
    • 11
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,462
      SQFT
    • $286
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    SEE OM IN DOCS SECTION OF LISITNG. 430 N Bixel St is an eight-unit, classic 1920s vintage apartment building constructed in 1923. The unit mix consists of four 1bed+1bath units, one 1bed+1bath+den unit, and three 2 bed+1bath units. One of the occupied two-bedroom units has been fully renovated, and the vacant two-bedroom unit has been partially renovated. The superior location and classic building architecture provide the perfect opportunity for an investor to complete their own renovation plan on the rest of the units and significantly increase rents. The property is fronted by two streets (Firmin St and Bixel St) with an alley to the north of the property that provides drive-through access to both streets. All units at the property have separate space dedicated to laundry with washer/dryer hookups and feature individual water heaters and entrances in the front and rear of the unit. All two-bedroom units are in the four-plex on Firmin St and feature large bedrooms, huge open kitchens, very large living room areas and ample storage space and closet space (including built-in features). Both upstairs two-bedrooms feature balconies with views of Downtown Los Angeles and the northern part of Echo Park. The two bungalow-style buildings facing Bixel St each contain one-bedroom units, and the other two one-bedroom units are together in a single building.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-16T12:42:47.773. 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.
    www.deserthouseseekers.com/homes/114898354
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    430 N Bixel St Los Angeles, CA 90026

    • Price: $1,845,000
    • Status: Active
    • Updated: 41 min ago
    • MLS #: 21-702024
    11
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    6,462
    SQFT
    $286
    $/SQFT
    1923
    Built
    Neighborhood:
    Silver Lake - Echo Park
    County:
    Los Angeles
    Area:
    Silver Lake - Echo Park
    Property Description
    SEE OM IN DOCS SECTION OF LISITNG. 430 N Bixel St is an eight-unit, classic 1920s vintage apartment building constructed in 1923. The unit mix consists of four 1bed+1bath units, one 1bed+1bath+den unit, and three 2 bed+1bath units. One of the occupied two-bedroom units has been fully renovated, and the vacant two-bedroom unit has been partially renovated. The superior location and classic building architecture provide the perfect opportunity for an investor to complete their own renovation plan on the rest of the units and significantly increase rents. The property is fronted by two streets (Firmin St and Bixel St) with an alley to the north of the property that provides drive-through access to both streets. All units at the property have separate space dedicated to laundry with washer/dryer hookups and feature individual water heaters and entrances in the front and rear of the unit. All two-bedroom units are in the four-plex on Firmin St and feature large bedrooms, huge open kitchens, very large living room areas and ample storage space and closet space (including built-in features). Both upstairs two-bedrooms feature balconies with views of Downtown Los Angeles and the northern part of Echo Park. The two bungalow-style buildings facing Bixel St each contain one-bedroom units, and the other two one-bedroom units are together in a single building.
    Exterior Features

    Lot Size Area 7417 Other Structures None Parking Garage Other Total Parking 3

    Interior Features

    Baths Total 8.00 Cooling Other Equipment Other Heating Other

    Property Features

    Assessed Total Value 1020000 Gross Income 125437 Gross Operating Income 126237 Like Units1 4 Like Units2 1 Like Units3 3 Net Operating Income 83468.00 Number Of Buildings 4 Number Of Units 8 Sale Type Standard Source Living Area Title Company Source Lot Size Area Vendor Enhanced Total Annual Expense 42770 Type Of Units Mult-Family Year Built Source Vendor Enhanced Zoning Lacw

    Listing provided courtesy of Josh Kaplan DRE#01934177 of Transwestern Property Company West, Inc..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-16T12:42:47.773. 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.
     
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    Zwemmer Realty Group | Keller Williams Realty
    75486 Augusta Drive
    Indian Wells CA, 92210