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1038 N Stone Street

Los Angeles (City), CA 90063
  • $780,000
  • STATUS: Closed
  • ON SITE: 98 Days
  • ID#: OC22134788
Sold - 09/27/2022
$780,000
SOLD - 09/27/2022
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1922
County:

School Ratings & Info

Listing Agent(s): Masoud Ardalan of Coldwell Banker Platinum Prop (949-552-0505)


Description

OPPORTUNITY KNOCKS on this One of a kind DUPLEX with SCENIC VIEWS of Downtown Los Angeles at its door steps. Property consist of two 3 Bedrooms and 1 Bath side by side units with an extra space underneath for storage and an ample space to park 4 CARS in the back. One of the units was completely RENOVATED in 2020 and the other was partially renovated as needed within the last 5-6 years. This WELL PRICED duplex needs little care on the exterior to become that PERFECT HOME. Best for an OWNER OCCUPIED to live in one and collect rent from the other unit or an INVESTOR since ALL UTILITIES are separate (TENANTS ALSO PAY FOR THEIR WATER USAGE). Minutes away from DTLA and ART DISTRICT, Restaurants and Shoppings, easy access to 5, 10, and 710 freeways. MAKE A MOVE...

Sold by Itay Raz of Dogtown Realty.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-09-30T17:36:27.633. 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 deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
www.tolivebythesea.com/homes/130193175
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1038 N Stone Street Los Angeles (City), CA 90063

  • Price: $749,500
  • Status: Closed
  • On Site: 98 Days
  • Updated: 40 min ago
  • ID#: OC22134788
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1922
Built
Neighborhood:
BOYH - Boyle Heights
County:
Los Angeles
Area:
BOYH - Boyle Heights
Property Description
OPPORTUNITY KNOCKS on this One of a kind DUPLEX with SCENIC VIEWS of Downtown Los Angeles at its door steps. Property consist of two 3 Bedrooms and 1 Bath side by side units with an extra space underneath for storage and an ample space to park 4 CARS in the back. One of the units was completely RENOVATED in 2020 and the other was partially renovated as needed within the last 5-6 years. This WELL PRICED duplex needs little care on the exterior to become that PERFECT HOME. Best for an OWNER OCCUPIED to live in one and collect rent from the other unit or an INVESTOR since ALL UTILITIES are separate (TENANTS ALSO PAY FOR THEIR WATER USAGE). Minutes away from DTLA and ART DISTRICT, Restaurants and Shoppings, easy access to 5, 10, and 710 freeways. MAKE A MOVE...
Exterior Features

Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 2 Open Parking Spaces 4 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Additional Parcels YN No Buyer Financing Trade Cap Rate 5 Common Interest None Community Features Urban Contingency None. Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 0 Gross Scheduled Income 44700 Insurance Expense 1000 Land Lease YN No Laundry Features Laundry Room Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To Existing LoanConventional Net Operating Income 38030 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 6670 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Trash Expense 1000 Water Sewer Expense 500 Water Source PublicSee Remarks Zoning Lar2



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-09-30T17:36:27.633. 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 deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
 
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Beach City Brokers | BCB Premier Estates | The Miller Group
1716 South Catalina Avenue
Redondo Beach CA, 90277
Listing Agent(s): Masoud Ardalan of Coldwell Banker Platinum Prop (949-552-0505)