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    839 W 69Th St

    Los Angeles, CA 90044
    • $725,000
    • STATUS: Active
    • ON SITE: 52 days
    • ID#: 21-678684
    UPDATED: 100 min ago
    $725,000
    • 4
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,799
      SQFT
    • $403
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1929
    County:

    School Ratings & Info

    Description

    We are pleased to offer for sale this 4-unit multifamily investment opportunity. This is a current high yield 6% cap rate with approximately 35% rental upside. The offering consists of 3 detached buildings, totaling an actual 2,116 SF [county records reflect 1,799 sf, buyer to investigate with the City of LA for possible permits]. The extra long driveway takes you to the spacious backyard and 3 car garage. 2 of the units were recently renovated [new kitchen, laminate flooring, paint and more]. The investment will be delivered 100% occupied. This property is well situated near schools, parks, and public transportation.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-04T23:42:27.877. 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/113177796
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    839 W 69Th St Los Angeles, CA 90044

    • Price: $725,000
    • Status: Active
    • Updated: 100 min ago
    • ID#: 21-678684
    4
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1,799
    SQFT
    $403
    $/SQFT
    1929
    Built
    Neighborhood:
    Los Angeles Southwest
    County:
    Los Angeles
    Area:
    Los Angeles Southwest
    Property Description
    We are pleased to offer for sale this 4-unit multifamily investment opportunity. This is a current high yield 6% cap rate with approximately 35% rental upside. The offering consists of 3 detached buildings, totaling an actual 2,116 SF [county records reflect 1,799 sf, buyer to investigate with the City of LA for possible permits]. The extra long driveway takes you to the spacious backyard and 3 car garage. 2 of the units were recently renovated [new kitchen, laminate flooring, paint and more]. The investment will be delivered 100% occupied. This property is well situated near schools, parks, and public transportation.
    Exterior Features

    Lot Size Area 7152 Other Structures None Parking Garage Driveway - CombinationGarage Is DetachedGarage - 3 Car Total Parking 5

    Interior Features

    Baths Total 4.00 Cooling Air Conditioning Equipment Range/OvenRefrigeratorTrash CompactorGarbage DisposalMicrowave Heating None

    Property Features

    Assessed Total Value 310080 Gross Income 57168 Gross Operating Income 56025 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 43495.00 Number Of Buildings 4 Number Of Units 4 Sale Type Standard Source Living Area Assessor Source Lot Size Area Vendor Enhanced Total Annual Expense 12529 Type Of Units Apartments Year Built Source Vendor Enhanced Zoning Lard2

    Listing provided courtesy of Davis Saadian DRE#01921748 of Brc Advisors- Bh.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-04T23:42:27.877. 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