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Shawn Luong
Mobile Phone:
626-643-7090
reoagent@shawnluong.com
DRE# 00857818
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Shawn Luong
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Mobile Phone:
626-643-7090
reoagent@
shawnluong.com
DRE# 00857818
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1739 W 23rd Street,  Los Angeles CA, 90018 (Residential Income)

$1,250,000
372,500 sqft
Status: Active
MLS#: CV19027795
1of
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Last Updated: 2/22/2019 1:13 PM
Description for 1739 W 23rd Street Los Angeles, CA 90018
Great opportunity to acquire a 5-unit investment property located 1.5 walking-mile to USC right in the historic West Adams district. The 6749 sf lot is zoned LARD2 with 2 buildings - one built in the early 1900s and one built in the 1960s. The front building comprises of two 3-bedroom 1-bath units with the downstairs 3-bedroom completely renovated at the end of 2016. All 3 of the 1-bedroom units in the rear building have been recently updated and renovated with new kitchen cabinets and countertops and laminate wood and tile floor. The property offers better than 1-to-1 parking with a 2-car garage, 2 open space in front, 4 tandem parking for the two 3-bedroom units and 2 open space parking for the 1-bedroom units in the back. The 2-car garage can bring additional income as a garage rental, as it is currently used as a storage area by the ownership. All units are on separate electric and gas meters. DRIVE BY ONLY. Please do not disturb occupants.
Price
$1,250,000
Los Angeles
372,500 (approx)
CV19027795
Active
Description
Great opportunity to acquire a 5-unit investment property located 1.5 walking-mile to USC right in the historic West Adams district. The 6749 sf lot is zoned LARD2 with 2 buildings - one built in the early 1900s and one built in the 1960s. The front building comprises of two 3-bedroom 1-bath units with the downstairs 3-bedroom completely renovated at the end of 2016. All 3 of the 1-bedroom units in the rear building have been recently updated and renovated with new kitchen cabinets and countertops and laminate wood and tile floor. The property offers better than 1-to-1 parking with a 2-car garage, 2 open space in front, 4 tandem parking for the two 3-bedroom units and 2 open space parking for the 1-bedroom units in the back. The 2-car garage can bring additional income as a garage rental, as it is currently used as a storage area by the ownership. All units are on separate electric and gas meters. DRIVE BY ONLY. Please do not disturb occupants.
Listing Information
Property Type: Cluster, Ranch, Craftsman, 2 Story
0.15 Acres / 6,749 sq.ft. 372,500 (approx)
$335.57 1962
Yes- 2 spaces 2
Frame, Stucco
Pillars/Post
Gas Water Heater
5 Total
Neighborhood
Room Information
No Laundry Facility
Counter Top - Formica
Interior Features
Garbage Disposal, Gas Range/Cooktop
Wall Unit
Part Copper Plumbing
Window Bars,
Granite Counter Top, High Ceiling, Window Blinds
Exterior / Lot Features
2 Garage Spaces, 10 Parking Spaces, Assigned Parking Space, Driveway, Garage, On Site, RV parking
Stucco, Frame
Composition, Bituthene
None
No Pool
50 X 157
LARD2
Sidewalks, Street Lights, Courtyard, Curbs Walk, Urban
Driving Directions
East of Normandie, North of Adams
Financial Considerations
5128010008
$90,444 Income ,$23,839Expense
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90018 has a population of 3,971,883.

The median household income in Los Angeles, California 90018 is $49,682. The median household income for the surrounding county is $55,870 compared to the national median of $53,482. The median age of people living in Los Angeles 90018 is 34.6 years.

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Courtesy: SHAWN LUONG - CENTURY 21 MASTERS
Licensed in: DRE# 00857818
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Based on information from CARETS as of . The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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This content last refreshed on 2/22/2019 1:13 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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