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Key Details
Sold Price $953,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,376 sqft
Price per Sqft $401
MLS Listing ID PW21222587
Sold Date 02/25/22
HOA Y/N No
Year Built 1924
Lot Size 0.285 Acres
Acres 0.2851
Property Description
The subject property consists of six (6) units sitting on an oversized 12,419 SF lot located in the city of Los Angeles. There are three buildings containing two units each. Each unit is a one-bedroom and one-bath apartment independently metered for gas and electric. This property provides a great opportunity for an investor to acquire an asset with considerable future rental upside. The projected market cap rate is 8.49% while the market GRM is 8.08. It has been reported by the seller that tenants have been paying rents on time for the last 24 months. We are pleased to offer 239 W 113th St, Los Angeles, CA 90061 for sale. — MLS NOTES: for OM with additional property information > Click the Link "Listing has Supplements" right under the map
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning LAR2
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Pool None
Community Features Urban
Private Pool No
Building
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6074023031
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with NONE NONE • None MRML