Residential Income Details
ATTENTION INVESTORS! or developers 3 Legal Units, 3- 2 Br + 2 (1) Ba.Large lot zoned LAR3 in wide/clean/quiet Street &fast growing area of East Hollywood. With Development potential a larger Apartment Building, the existing units generate income $$8,300 included owner unit,until permits are ready. 2 units will be delivered/tenants. Seller's unit/will be deliveryvacant. Total gross income closed to $99,600/year.
There is one big apartment project is be built at down the street. Following with major development in all directions, such as The EDMOND & CIM's 5.3 acre proposed project on Santa Monica Blvd.This area of East Hollywood is fast becoming the new hot spot in LA. It's central to the Metro, LA City College, Griffith Park, Los Feliz, Silver Lake, and DTLA. Hollywood FWY101 of Santa Monica Blvd Exit. Property subject to rent control.There is no sign on property
Property SOLD in its "AS IS" present condition. No Termite work, any repair or any credit to the buyer.
Broker/Agent does not guarantee accuracy of square footage, lot size, ordinances, zoning, rent control, permits, use code, income, schools and/or other information concerning the conditions or features of the property provided by the seller or obtained from public records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals, LA City Of Building & Safety, Planning Department and to satisfy themselves.
|Number of Units||3|
|Listing Brokerage||Home Investment Property, Inc.|
|Listing Agent||Josephine Chung|
|Listing Agent BRE #||01011333|
Based on information from California Regional Multiple Listing Service, Inc. as of Saturday, August 11, 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.
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