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6101 S Wilton Place

Los Angeles (City), CA 90047
  • $675,000
  • STATUS: Active
  • ON SITE: 200 Days
  • ID#: PW22242467
Price Reduced
$675,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1954
County:

School Ratings & Info

Listing Agent(s): Chris Milano of Nextmove Real Estate (562-475-5290)


Description

This 5 bed 3 bathroom duplex is approximately 1728 sq ft with frontunit consisting of 2 beds 1 bath and back unit having 3 beds 2 baths.The units are on Section 8 housing which guarantees rent subsidiesfrom the government. Unit 1 has a $1639 subsidy with $190 paid fromthe tenant and the back unit brings in $1362 subsidy with $206 paidfrom tenant. Both units have extremely nice, paying, cooperativetenants and both are working on getting their certificate from Section 8should a move out be necessary down the road. The property is perfectfor a fix n flip with major potential or even a buy and hold withautomatic income after closing. A perfect investor opportunity! Totalrent brought in is just under $3400, which could be higher later withupdating throughout. Call now as this one wont last.

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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.
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6101 S Wilton Place Los Angeles (City), CA 90047

  • Price: $675,000
  • Status: Active
  • On Site: 200 Days
  • ID#: PW22242467
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1954
Built
Neighborhood:
699 - Not Defined
County:
Los Angeles
Area:
699 - Not Defined
Property Description
This 5 bed 3 bathroom duplex is approximately 1728 sq ft with frontunit consisting of 2 beds 1 bath and back unit having 3 beds 2 baths.The units are on Section 8 housing which guarantees rent subsidiesfrom the government. Unit 1 has a $1639 subsidy with $190 paid fromthe tenant and the back unit brings in $1362 subsidy with $206 paidfrom tenant. Both units have extremely nice, paying, cooperativetenants and both are working on getting their certificate from Section 8should a move out be necessary down the road. The property is perfectfor a fix n flip with major potential or even a buy and hold withautomatic income after closing. A perfect investor opportunity! Totalrent brought in is just under $3400, which could be higher later withupdating throughout. Call now as this one wont last.
Exterior Features

Lot Features Back Yard Number Of Separate Electric Meters 2 Parking Features Driveway Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Additional Parcels YN No Common Interest None Community Features Curbs Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 3400 Gross Scheduled Income 3400 Insurance Expense 130 Land Lease YN No Laundry Features In KitchenOutside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Net Operating Income 3400 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Operating Expense 0 Property Sub Type Duplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 40 Water Source Public Zoning Lar1



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): Chris Milano of Nextmove Real Estate (562-475-5290)