Property
Beds
8
Full Baths
None
1/2 Baths
None
Year Built
1949
Sq.Footage
3,213
THIS 4-UNIT APARTMENT BUILDING, SITUATED SOUTH OF DOWNTOWN LOS ANGELES, PRESENTS AN IDEAL OPPORTUNITY FOR FIRST-TIME INVESTORS OR A VALUABLE ADDITION TO AN EXISTING INVESTMENT PORTFOLIO. THE PROPERTY COMPRISES TWO 3-BEDROOM, 2-BATHROOM UNITS AND TWO 1-BEDROOM, 1-BATHROOM UNITS. SUBJECT TO RENT CONTROL, IT FEATURES SEPARATELY METERED GAS AND ELECTRICITY, WITH EACH UNIT EQUIPPED WITH ITS OWN WATER HEATER. IMPECCABLY MAINTAINED BY THE CURRENT OWNER, THE BUILDING IS 100% OCCUPIED, ENSURING CONSISTENT CASH FLOW AND MINIMAL MAINTENANCE COSTS. THE ROOF AND COPPER PLUMBING WERE UPGRADED IN 2009, AND SEVERAL UNITS HAVE BEEN THOUGHTFULLY RENOVATED, INCLUDING KITCHEN AND BATHROOM UPDATES.PERFECTLY POSITIONED NEAR THE UNIVERSITY OF SOUTHERN CALIFORNIA AND DOWNTOWN LOS ANGELES, THIS PROPERTY IS PRICED TO SELLOFFERING A REMARKABLE VALUE, PARTICULARLY WHEN COMPARED TO MOST 1-BEDROOM CONDOS IN DOWNTOWN LA. SET IN A BURGEONING NEIGHBORHOOD WITH CONSIDERABLE RENTAL UPSIDE, IT PROVIDES IMMEDIATE INCOME POTENTIAL WHILE OFFERING FUTURE GROWTH OPPORTUNITIES. WITH EASY ACCESS TO PUBLIC TRANSPORTATION, LOCAL RETAIL, AND PROXIMITY TO THE 110 FREEWAY, BETWEEN THE 105 AND 10 FREEWAYS, THIS PROPERTY REPRESENTS AN OUTSTANDING INVESTMENT IN A PRIME LOCATION. ACTUAL RENT FOR THE 4 UNITS IS AS FOLLOWS: 8504 SAN PEDRO - $875, 8504 1/2 SAN PEDRO - $1,200, 8506 SAN PEDRO - $1,735, AND 8506 1/2 SAN PEDRO - $1,478.
Features & Amenities
Interior
-
Total Bedrooms
8
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
YES
-
Heating
Wall Furnace
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
None
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.1343
-
Property Type
Residential Income
Price
-
Sales Price
$875,000
-
Sq. Footage
3, 213
-
Price/SqFt
$272
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Senior Community YN
NO
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Charles Le , Beverly Hills Fabulous Estates Inc.
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

FOUNDER
LinaMirza
Call Lina today to schedule a private showing.

* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
