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142 W 52nd Street

Los Angeles (City), CA 90037
  • $775,000
  • STATUS: Active
  • ON SITE: 172 Days
  • ID#: SB22252351
$775,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

Listing Agent(s): Sergey Evangelista of Century 21 Union Realty (310-371-6330)


Description

This is your chance to become a landlord & build your investment porftolio with this affordable gated 4-plex less than ten minutes from USC and the LA Coliseum. The rear building is a [3 bedroom, 1 bath] unit. The front triplex consists of TWO downstairs [1 bed, 1 bath] units and an upstairs [3 bed, 1 bath]. The complex has the potential to park multiple cars (two in the back, 1 in front, multiple down driveway) and the gated security to make your tenants feel comfortable and safe. Each 3 bed is rented for $1,281.73. The 1bed/1baths are renting for $880 and $855. Each unit has separate meters, and the owner has updated plumbing, gas, & electric. With the costly functional elements of the home updated, a new owner can focus on simpler upgrades to increase potential revenue, such as washer & dryer installation.A centrally located neighborhood with access to downtown LA, the freeway, multiple sporting venues, and a prestigious university. The perfect place to attract ideal tenants, from university students and graduates, to broadcasters & professionals in the sporting industry, to the millions of small business owners and workers in LA. Drive by for viewings, please do not disturb occupants!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-04T00:27:58.6. 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/135383592
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142 W 52nd Street Los Angeles (City), CA 90037

  • Price: $775,000
  • Status: Active
  • On Site: 172 Days
  • ID#: SB22252351
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1920
Built
Neighborhood:
C37 - Metropolitan South
County:
Los Angeles
Area:
C37 - Metropolitan South
Property Description
This is your chance to become a landlord & build your investment porftolio with this affordable gated 4-plex less than ten minutes from USC and the LA Coliseum. The rear building is a [3 bedroom, 1 bath] unit. The front triplex consists of TWO downstairs [1 bed, 1 bath] units and an upstairs [3 bed, 1 bath]. The complex has the potential to park multiple cars (two in the back, 1 in front, multiple down driveway) and the gated security to make your tenants feel comfortable and safe. Each 3 bed is rented for $1,281.73. The 1bed/1baths are renting for $880 and $855. Each unit has separate meters, and the owner has updated plumbing, gas, & electric. With the costly functional elements of the home updated, a new owner can focus on simpler upgrades to increase potential revenue, such as washer & dryer installation.A centrally located neighborhood with access to downtown LA, the freeway, multiple sporting venues, and a prestigious university. The perfect place to attract ideal tenants, from university students and graduates, to broadcasters & professionals in the sporting industry, to the millions of small business owners and workers in LA. Drive by for viewings, please do not disturb occupants!
Exterior Features

Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 4 Open Parking Spaces 4 Parking Features Shared Driveway Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Heating Floor Furnace Heating YN Yes

Property Features

Additional Parcels YN No Common Interest None Community Features Storm Drain(S)Street LightsSuburbanSidewalksUrban Contingency All Units Are Occupied. Two Of The Tenants Are Delinquent And Owner is in Process Of EvictingBut No Guarantees Before Close Of Escrow. Property is in Reap. Repairs Were Done But Escrow Account Still OpenSo Cash Offers Only! Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 51521 Gross Scheduled Income 51521 Insurance Expense 0 Land Lease YN No Laundry Features None Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional Net Operating Income 51521 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Operating Expense 0 Possession See Remarks Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 0 Water Source Public Zoning Lar2



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-04T00:27:58.6. 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): Sergey Evangelista of Century 21 Union Realty (310-371-6330)