East Los Angeles
Residential Income Details
LOCATION, LOCATION, LOCATION...This 2-story Spanish-style building features nine spacious units. All nine units are 1 bedroom 1 bath units. Property also consist of five single-car garages, which are currently rented out individually. All units are currently occupied, rents are currently under market value and have an increased income potential. Units are separately metered for both, gas and electric. The units have a combined square footage of 6,429 and sit on a 5,349 square foot lot. Over $60K in recent upgrades and repairs have been made on the property which include: exterior paint, retro-fitted and bolted to the foundation for seismic requirements, new heater heater units installed in four of the units, and a variety of cosmetic upgrades throughout the interior and exterior of the property. This complex is in a highly desirable neighborhood and is located within walking distance to local schools, shops, and restaurants near Whittier Blvd. This is a great opportunity for a savvy investor. Property is located within the Unincorporated Los Angeles County area, non-rent control city (pending) of East Los Angeles.
|Number of Units||9|
|Listing Brokerage||Reliance Real Estate Services|
|Listing Agent||Jacob Abeelen|
|Listing Agent BRE #||01973535|
|Co-Listing Agent||James Oronoz|
|Co-Listing Agent BRE #||02056694|
|Appliances||Water Heater Unit|
|Heating||Wall Heater,Electric,Natural Gas|
|Parking||Assigned,Garage,Garage - Single Door,No Driveway|
Based on information from California Regional Multiple Listing Service, Inc. as of Sunday, October 14, 2018.
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