3015 Virginia Road

  • Los Angeles

  • $1,200,000
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Residential Income Details

Description
Huge, classic 4plex in up-and-coming West Adams, walking distance to Expo Line. All huge 2 bedroom units (approx. 1200 sq ft each), with w/d hookups and garage parking. Building is in better than usual condition for 1920s 4plexes, due to partial rehab around 2011.2 units VACANT at closing (am forecasting $2400 / month)... move new tenants right in, or renovate for market-leading rents.True value-add opportunity... check market rents in the area for 2 beds and 3 beds... they're crazy high, because the neighborhood is a short drive to job centers in Culver City, Century City, Beverly Hills (to the west), Hollywood (to the north) and DTLA (to the east). *Note: All numbers in listing are approximate. Buyer / Buyer's broker to rely on own investigations. Listing broker is Manager of LLC which owns the property.
Essential
MLS #18380242
Price$1,200,000
Number of Units4
Sale TypeStandard
StatusPending
Listing BrokerageAdaptive Realty, Inc.
Listing AgentMoses Kagan
Listing Agent BRE #01918798
Interior
CoolingNone
Exterior
Community
AreaC16 - Mid Los Angeles
Address3015 Virginia Road
CityLos Angeles
CountyLos Angeles
StateCA
ZipCode90016
School

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Based on information from California Regional Multiple Listing Service, Inc. as of Thursday, September 6, 2018. 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.