6821 11th Ave., Los Angeles, CA 90043

$1,699,900

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List Price
$1,699,900
Status
ACTIVE
MLS#
OC26134374
Year Built
1958
Lot Size
8,500
Acres
0.20
Lot Location
Sprinklers In Front, Landscaped, Near Public Transit, Rectangular Lot, Street Level
Days on Market
40
Property Type
Commercial
Property Sub Type
Multi Family

Property Description

Over $16,100 in monthly rental income!!!! Take a look at this beautiful 8-unit investment property, now available in the up-and-coming Park Hills Heights neighborhood of Los Angeles. This property is comprised of 2 separate buildings. The main building consists of 7 different units (mix of 1 and 2 bedrooms), plus there's an additional newly-built 3-bedroom/2-bath bungalow located in the back of the property. Each unit has their own assigned gated parking space. Separate laundry room on-site creates additional monthly income. The majority of the units have been renovated over the past few years. Property is gated with a nicely-manicured front yard and great curb appeal. Very low maintenance and very friendly/cooperative tenants and on-site tenant manager.

Additional Information

Appliances
Dryer, Washer
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Water
Public
Attached Structure
Detached
Number Of Units Total
8
Gross Scheduled Income
$191,784
Operating Expense
131940

Listing courtesy of Listing Agent: Cameron Davis (Cameron@SellingOC.com) from Listing Office: Selling OC Real Estate.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.