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Buy a propertyat 1038 Dewey Avenue, Los Angeles, CA 90006

$2,390,000

$0/mo

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Multifamily

5,216 Sq. Ft.

5,906 Sq. Ft. lot

8 Bedrooms

0 Bathrooms

420 Days on market

23248221 MLS ID

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About 1038 Dewey Avenue property

Great Investment Opportunity!! Location Location!! All Units are totally remodeled 5 years ago. 2 Units are 2 Bedrooms and 2 Bathrooms w/ Den on 2nd floor, 4 Units are 1 Bedroom and 1 Bathroom on top floor. This property was built in 1989 and has 3 stories. This apartment building located in Prime Koreatown. Tenants are surrounded by amenities including Restaurants, Shopping, Entertainment and Local Transportation. Easy access to 10, 110 and 5 Freeways. This property is rare opportunity to acquire a well-maintained asset with significant upside potential.
Great Investment Opportunity!! Location Location!! All Units are totally remodeled 5 years ago. 2 Units are 2 Bedrooms and 2 Bathrooms w/ Den on 2nd floor, 4 Units are 1 Bedroom and 1 Bathroom on top floor. This property was built in 1989 and has 3 stories. This apartment building located in Prime Koreatown. Tenants are surrounded by amenities including Restaurants, Shopping, Entertainment and Local Transportation. Easy access to 10, 110 and 5 Freeways. This property is rare opportunity to acquire a well-maintained asset with significant upside potential.

Property details

Appliances and Equipment

Dishwasher

Disposal

Bathrooms

8 total bathrooms

Bedrooms

8 total bedrooms

House

1 total stories

Built in 1989

5,216 sqft living area

5216 total building sqft

Stucco

Three Or More

Cooling

Central Air

Floors

Laminate

Garage

Attached garage

Heating

Central

Income

Gross Income: 155400

Net Operating Income: 115519

Listing

Listing ID: 23248221

88 days on market

Listed on 2023-03-07

Location

County: Los Angeles

Lot

5906 sqft

0.1356 acres

Area: 5906

Parking

Carport

8 total parking spaces

Attached Carport

Property

Single building

6 units

Updated/Remodeled

Roof

Composition

Security System

Security Gate

Windows

Screens

Monthly cost

Estimated monthly cost

$15,230/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$2,246,600

+$71,700

$2,318,300

Seller agent commission$71,700 (3%)*

$0 (0%)

Buyer agent commission$71,700 (3%)*

$71,700 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $71,700 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: Apr 29, 2024 at 11:05 p.m.

Data updated: Jun 3, 2023 at 8:15 p.m.

Property listed by Bee Investment, Inc., Jenny Kang
Based on information from California Regional Multiple Listing Service, Inc. as of 06/03/2023 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing Information © 2024 California Regional MLS. All Rights Reserved.

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