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4371 S St Andrews Pl

Los Angeles, CA 90062
  • $699,000
  • STATUS: Active
  • ON SITE: 104 days
  • MLS #: 21-702260
$699,000
  • 6
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,544
    SQFT
  • $453
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

Description

We are pleased to present this two unit investment opportunity in South Los Angeles. The units are ideally located near the intersection of Western and Vernon, providing direct access to public transportation and job centers in DTLA and Leimert Park. The complex consists of a 4 Bedroom 1 Bath house with an updated 2 Bedroom 1 Bath unit in the rear. The front house is currently producing $2,750 per month and the rear unit is currently vacant, but Seller is considering rental applicants. There are separate meters for gas and electricity to keep monthly expenses low. Buyer and buyer's agent to check with the City and rely on their own findings regarding bedroom-bathroom count, square footage, zoning and permitted and non-permitted rooms and usage. Great opportunity for the small, first time investor and the local developer. Please do not walk on property and please do not disturb tenants in any way. All offers to be made subject to inspection. Do not use ShowingsPlus.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-20T23:42:24.463. 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/114876781
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4371 S St Andrews Pl Los Angeles, CA 90062

  • Price: $699,000
  • Status: Active
  • MLS #: 21-702260
6
Beds
0
Baths
0
½ Baths
0.14
Acres
1,544
SQFT
$453
$/SQFT
1920
Built
Neighborhood:
Park Hills Heights
County:
Los Angeles
Area:
Park Hills Heights
Property Description
We are pleased to present this two unit investment opportunity in South Los Angeles. The units are ideally located near the intersection of Western and Vernon, providing direct access to public transportation and job centers in DTLA and Leimert Park. The complex consists of a 4 Bedroom 1 Bath house with an updated 2 Bedroom 1 Bath unit in the rear. The front house is currently producing $2,750 per month and the rear unit is currently vacant, but Seller is considering rental applicants. There are separate meters for gas and electricity to keep monthly expenses low. Buyer and buyer's agent to check with the City and rely on their own findings regarding bedroom-bathroom count, square footage, zoning and permitted and non-permitted rooms and usage. Great opportunity for the small, first time investor and the local developer. Please do not walk on property and please do not disturb tenants in any way. All offers to be made subject to inspection. Do not use ShowingsPlus.
Exterior Features

Lot Description Alley PavedSidewalksCurbsSingle Lot Lot Location Corner Lot Lot Size Area 6255 Other Structures None Parking Garage Garage - 1 Car Paved YN Yes Style Contemporary Total Parking 1

Interior Features

Baths Total 2.00 Cooling None Equipment None Flooring Mixed Heating Wall

Property Features

Alley YN Yes Assessed Total Value 218901 Gross Income 60000 Gross Operating Income 60000 Like Units1 1 Like Units2 1 Net Operating Income 42000.00 Number Of Buildings 1 Number Of Units 2 Rent Control YN Yes Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 18000 Type Of Units Duplex Year Built Source Vendor Enhanced Zoning Lar4

Listing provided courtesy of Jerome McAlpin DRE#00939725 of Mcalpin & Company.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-20T23:42:24.463. 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