1375 W 20Th Street

  • Los Angeles

  • $1,695,000
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Residential Income Details

Description
We are pleased to present an eight unit multifamily property located at 1375 West 20th Street, in Los Angeles, California. The property is situated just north of the 10 Freeway and west of Hoover Street.The offering features an excellent unit mix of one (1) one bedroom / one bathroom unit, and seven (7) two bedroom / one bathroom units. It comes with an assumable loan that is fixed at an attractive interest rate of 3.7% for the next four years; ultimately benefitting the investor with great initial cash flow. The property also hosts ample on-site parking for tenants and guests. With close proximity to the 10 freeway, this location allows tenants quick access throughout Los Angeles and Santa Monica.The subject property is a great opportunity for any investor to acquire an asset in one of Los Angeles' hottest markets, with great initial cash flow, low vacancy rates, and the opportunity to capitalize on excellent upside in rental potential.
Essential
MLS #18392524
Price$1,695,000
Number of Units8
Sale TypeStandard
StatusActive
Listing BrokerageMarcus & Millichap
Listing AgentJason Tuvia
Listing Agent BRE #01772495
Interior
Exterior
ParkingParking Space
Community
AreaC16 - Mid Los Angeles
Address1375 W 20Th Street
CityLos Angeles
CountyLos Angeles
StateCA
ZipCode90007
School

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Based on information from California Regional Multiple Listing Service, Inc. as of Saturday, October 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.