Status : Closed Sale
Area : C16 - Mid Los Angeles
List Date : 12/16/2015
Approx. Sq. Ft. : 4342
Listed days back : 674
Acreage : 0.14
Price : $785,000
Approx. Lot Size Sq. Ft. : 6379
Price Per Sqft : $180
Square Footage of Building : 4342
Sale Price : $780,000
Year Built : 1914
Last Modification Date : 11/23/2016
Units # : 5
County : Los Angeles
MLS# : SB15263058
Location : 1811 South Bonnie Brae Street , Los Angeles, CA 90006-5541

Gross Scheduled Income : $62,736
Operating Expense : $23,000
Net Operating Income : $39,736
Total Expenses : $23,987
Monthly Gross Income : $6,028
DESCRIPTION
Description : BACK ON THE MARKET! Splendid Los Angeles 5 Unit with great rents! The front building includes 4 : 1 bedroom, 1 bath units, the two upper units are larger with an enclosed patio. The second building is a 2 bedroom, 1 bath detached and will be vacant at the close of escrow. Metal fencing surrounds the property and the the parking area has room for 5 cars with a rolling metal gate off of the alley. The roof is approximately a year old, sewer lines have been replaced, 4 newer water heaters, and updated separate electric panels for each unit. Rents on the one bedrooms : $1018, $1260, $1250, and $1000. The two bedroom house with gated alley access and parking will be vacated and available to lease at market rents.
Driving Directions : Cross Streets: Hoover St & Washington Bl.
FEATURES
Attached Structure : Yes
Laundry : See Remarks
Common Walls : 2+ common walls
Parking : Assigned, On Site, Uncovered
Community Features : Curbs
Pool : None
Cooling : None
Sale Type : Probate Listing
Fencing : Wrought Iron
Water Source : District/Public
Fireplace : None
Parking # : 0
Heating : Wall Heater
Garage # : 0