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    1724 El Cerrito Pl

    Los Angeles, CA 90028
    • $3,088,000
    • STATUS: Active
    • ON SITE: 7 days
    • ID#: 21-694948
    UPDATED: 31 min ago
    $3,088,000
    • 8
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,148
      SQFT
    • $600
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1939
    County:
    Area:

    School Ratings & Info

    Description

    SOMETHING DIFFERENT THAN YOUR AVERAGE APARTMENT BUILDING! For those discerning buyers who value beauty, location, and something special, 1724 El Cerrito Pl is for you. The market is competitive for good tenants, stand out from the competition with this one-of-a-kind 8 unit gem WHERE 6 OF THE 8 UNITS WILL BE DELIVERED VACANT! Added bonus, 1724 El Cerrito Pl is located in the Opportunity Zone. 1724 El Cerrito Pl is about more than just being located in the most desirable, vibrant, and trendy part of Hollywood or having a great mix of four studios and four one bedroom apartments.1724 El Cerrito Pl is about the additional bump in rent, occupancy rate, and quality of tenant you will attract because the building is designer done with gorgeous furniture and furnishings. Well designed to be move-in ready, all apartments come with fully equipped kitchens and bathrooms and are completely furnished from the designer furniture down to the wine glasses and flat screen TV. The fully furnished Studio and One Bedroom apartments range in size from 450 to 875 Sq. Ft. All of the units have hardwood floors, marble countertops, recessed lighting and parking. All of the pictures are of the apartments.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-02-26T16:42:49.323. 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.
    www.brandiprattrealestate.com/homes/114344184
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    1724 El Cerrito Pl Los Angeles, CA 90028

    • Price: $3,088,000
    • Status: Active
    • Updated: 31 min ago
    • ID#: 21-694948
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    5,148
    SQFT
    $600
    $/SQFT
    1939
    Built
    Neighborhood:
    Hollywood
    County:
    Los Angeles
    Area:
    Hollywood
    Property Description
    SOMETHING DIFFERENT THAN YOUR AVERAGE APARTMENT BUILDING! For those discerning buyers who value beauty, location, and something special, 1724 El Cerrito Pl is for you. The market is competitive for good tenants, stand out from the competition with this one-of-a-kind 8 unit gem WHERE 6 OF THE 8 UNITS WILL BE DELIVERED VACANT! Added bonus, 1724 El Cerrito Pl is located in the Opportunity Zone. 1724 El Cerrito Pl is about more than just being located in the most desirable, vibrant, and trendy part of Hollywood or having a great mix of four studios and four one bedroom apartments.1724 El Cerrito Pl is about the additional bump in rent, occupancy rate, and quality of tenant you will attract because the building is designer done with gorgeous furniture and furnishings. Well designed to be move-in ready, all apartments come with fully equipped kitchens and bathrooms and are completely furnished from the designer furniture down to the wine glasses and flat screen TV. The fully furnished Studio and One Bedroom apartments range in size from 450 to 875 Sq. Ft. All of the units have hardwood floors, marble countertops, recessed lighting and parking. All of the pictures are of the apartments.
    Exterior Features

    Entry Location Ground Level W/Steps Exterior Construction ConcreteStucco Lot Description CurbsFront YardLawnStreet LightingSidewalks Lot Location City Lot Size Area 7462 Other Structures None Parking Garage Parking For GuestsParking SpaceOn StreetPrivateUncoveredTandem Paved YN Yes Pool Description None Pool YN No Roof Shingle Spa None Spa YN No Sprinklers Sprinkler System Style Mid-Century Tennis Court None Total Parking 8 View Description Walk StreetCourtyard View YN Yes

    Interior Features

    Bathroom Features TileShower Over Tub Baths Total 8.00 Bedroom Features Main Floor BedroomWalkincloset Cooking Appliances Cooktop - GasOven Cooling Wall Unit(S) Den No Dining Room No Equipment RefrigeratorRange/OvenFreezer Family Room No Flooring TileHardwood Foundation Details Slab Heating Wall Interior Features Crown MoldingsBuilt-InsFurnishedWainscottingRecessed Lighting Kitchen Features Marble CountersTile CountersCounter TopRemodeled Laundry None Rooms Walk-In ClosetLiving RoomDining Area Windows Bay Window

    Property Features

    Alley YN Yes Assessed Total Value 1244943 Gross Income 248400 Gross Operating Income 240948 Inclusions Sold With Furniture And Furnishings Valued At $40K in Each Unit. Like Units1 4 Like Units2 4 Net Operating Income 170249.00 Number Of Buildings 1 Number Of Units 8 Owner Pays WaterGardener Property Condition Updated/Remodeled Rent Control YN Yes Sale Type Standard Sewer In Street Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 70699 Type Of Units Apartments Water Public Year Built Source Vendor Enhanced Zoning Lar4

    Listing provided courtesy of David Weinberger DRE#01349349 of Keller Williams Studio City.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-02-26T16:42:49.323. 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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    eXp Realty of California, Inc.
    2603 Camino Ramon, Suite 200
    San Ramon CA, 94583