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    244 W 62nd Street

    Los Angeles (City), CA 90003
    • $829,999
    • STATUS: Active
    • ON SITE: 108 days
    • ID#: DW21013179
    UPDATED: 38 min ago
    $829,999
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,385
      SQFT
    • $245
      $/SQFT
    Type:
    Multi-Family
    Built:
    1922
    County:

    School Ratings & Info

    Description

    Amazing Investment Opportunity! One building with 4 units fully occupied to collect cash flow from the get go. It is located only 10 min away from USC and in close proximity to the 110 fwy to make it an easy comfortable commute. 3 units consist of 1 Bedroom 1 Bath each and the 4th unit is 2 Bedrooms 1 Bath. Property has rear parking though alley access to accommodate all tenants.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-09T15:32:09.867. 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/113455454
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    244 W 62nd Street Los Angeles (City), CA 90003

    • Price: $829,999
    • Status: Active
    • Updated: 38 min ago
    • ID#: DW21013179
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    3,385
    SQFT
    $245
    $/SQFT
    1922
    Built
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    Property Description
    Amazing Investment Opportunity! One building with 4 units fully occupied to collect cash flow from the get go. It is located only 10 min away from USC and in close proximity to the 110 fwy to make it an easy comfortable commute. 3 units consist of 1 Bedroom 1 Bath each and the 4th unit is 2 Bedrooms 1 Bath. Property has rear parking though alley access to accommodate all tenants.
    Exterior Features

    Lot Features 0-1 Unit/AcreBack Yard Number Of Separate Electric Meters 2 Open Parking Spaces 5 Parking Features Asphalt Parking Total 5 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 Street LightsSidewalks Electric Expense 1860 Fuel Expense 1500 Garage YN No Gross Income 57600 Gross Scheduled Income 57600 Insurance Expense 2600 Land Lease YN No Laundry Features Common AreaWasher HookupGas Dryer Hookup Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To Existing LoanConventionalFhaSubmitVa Loan Net Operating Income 50716 New Construction YN No New Taxes Expense 10625 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 8384 Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 4800 Trash Expense 1440 Water Sewer Expense 984 Water Source Public Zoning Lar2

    Listing provided courtesy of Jose Perez of Nueva Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-09T15:32:09.867. 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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