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    1231 W 8th Street

    Los Angeles (City), CA 90017
    • $2,800,000
    • STATUS: Active
    • ON SITE: 128 days
    • ID#: SR20255150
    UPDATED: 108 min ago
    $2,800,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,143
      SQFT
    • $392
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1907
    County:

    School Ratings & Info

    Description

    Great investment opportunity in the bustling city of Downtown L.A.! On the corner of West 8th Street and Hartford Avenue is a neat income property offers 22 units within a 7,143-sqft building. Inside, the property has a community laundry area located on the first floor of the structure, includes two community kitchen areas, private bathrooms for a select four units, and four communal bathrooms for the remaining eighteen units. With easy access to public transportation, local dining, and markets, this property is an ideal location for potential tenants. Theres plenty of potential with this property and provides many possibilities! Find out more today!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-19T11:05:53.687. 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 Zember Realty Group. Licensed in the State of California, USA.
    www.zemberrealtygroup.com/homes/112548924
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    1231 W 8th Street Los Angeles (City), CA 90017

    • Price: $2,800,000
    • Status: Active
    • Updated: 108 min ago
    • ID#: SR20255150
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    7,143
    SQFT
    $392
    $/SQFT
    1907
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    Great investment opportunity in the bustling city of Downtown L.A.! On the corner of West 8th Street and Hartford Avenue is a neat income property offers 22 units within a 7,143-sqft building. Inside, the property has a community laundry area located on the first floor of the structure, includes two community kitchen areas, private bathrooms for a select four units, and four communal bathrooms for the remaining eighteen units. With easy access to public transportation, local dining, and markets, this property is an ideal location for potential tenants. Theres plenty of potential with this property and provides many possibilities! Find out more today!
    Exterior Features

    Lot Features Corner Lot Number Of Separate Electric Meters 4 Parking Features None Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Common Walls No Common Walls

    Property Features

    Additional Parcels YN No Common Interest None Community Features Street LightsSidewalks Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 199856 Gross Scheduled Income 199856 Insurance Expense 0 Land Lease YN No Laundry Features See Remarks Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional Maintenance Expense 22100 Net Operating Income 20010 New Construction YN No New Taxes Expense 0 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Operating Expense 179846 Rent Control YN Yes Senior Community YN No Sewer Unknown Special Listing Conditions Standard Total Actual Rent 15823 Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning Lacw

    Listing provided courtesy of Armine Emmoyan of Johnhart Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-19T11:05:53.687. 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 Zember Realty Group. Licensed in the State of California, USA.
     
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    Zember Realty Group
    1125 Linda Vista Dr.
    San Marcos CA, 92078