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    1522 Hi Point Street

    Los Angeles (City), CA 90035
    • $6,275,000
    • STATUS: Active
    • ON SITE: 87 days
    • ID#: 21694366
    UPDATED: 26 min ago
    $6,275,000
    • 0
      BEDS
    • 0.39
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 11,766
      SQFT
    • $533
      $/SQFT
    Type:
    Multi-Family
    Built:
    1972
    County:

    School Ratings & Info

    Description

    Well-maintained building renovated down to the studs with copper plumbing throughout,15 of the 18 units include new electrical panels and windows | Large 17,003sf lot with ample opportunity for additional units through separating the lot and developing or via Accessory Dwelling Unit (ADU) program | Opportunity exists to enhance the units with new appliances for additional rental upside | 17.6% upside in rents with additional income opportunities in billing back utilities and charging for parking, with 27 spots for 18 units | 100% occupied with all tenants paying rent

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-16T17:32:06.727. 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 Compass. Licensed in the State of California, USA.
    www.sandiegohomesdirect.com/homes/114309140
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    1522 Hi Point Street Los Angeles (City), CA 90035

    • Price: $6,275,000
    • Status: Active
    • Updated: 26 min ago
    • ID#: 21694366
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.39
    Acres
    11,766
    SQFT
    $533
    $/SQFT
    1972
    Built
    Neighborhood:
    C09 - Beverlywood Vicinity
    County:
    Los Angeles
    Area:
    C09 - Beverlywood Vicinity
    Property Description
    Well-maintained building renovated down to the studs with copper plumbing throughout,15 of the 18 units include new electrical panels and windows | Large 17,003sf lot with ample opportunity for additional units through separating the lot and developing or via Accessory Dwelling Unit (ADU) program | Opportunity exists to enhance the units with new appliances for additional rental upside | 17.6% upside in rents with additional income opportunities in billing back utilities and charging for parking, with 27 spots for 18 units | 100% occupied with all tenants paying rent
    Exterior Features

    Parking Features GuestOne Space

    Interior Features

    Appliances DishwasherGas CooktopMicrowaveOvenRefrigerator Cooling None Cooling YN No Heating Central Heating YN Yes

    Property Features

    Gross Income 425815 Laundry Features Common Area Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 240507 Security Features Key Card Entry Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Lar3

    Listing provided courtesy of Jared Warren of Colliers International- Los Angeles


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-16T17:32:06.727. 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 Compass. Licensed in the State of California, USA.
     
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    Encinitas CA, 92024