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Buy a multi-family propertyat 1721 4th Avenue, Los Angeles, CA 90019

$1,100,000

$0/mo

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Multifamily

7,001 Sq. Ft. lot

0 Bathrooms

423 Days on market

GD23032852 MLS ID

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About 1721 4th Avenue multi-family property

We are pleased to present 1721 4th Avenue, a four-unit property in the Arlington Heights neighbourhood of Central Los Angeles. This well-maintained asset includes four one-bedroom, one-bathroom units. Three units were fully upgraded in 2018, with laminate flooring, countertops, renovated kitchen appliances, cabinetry and bathroom upgrades. The property has gated access and four detached car garage units. The strategic location is only minutes from Downtown Los Angeles and near USC, Koreatown, Beverly Center, and the Grove.
We are pleased to present 1721 4th Avenue, a four-unit property in the Arlington Heights neighbourhood of Central Los Angeles. This well-maintained asset includes four one-bedroom, one-bathroom units. Three units were fully upgraded in 2018, with laminate flooring, countertops, renovated kitchen appliances, cabinetry and bathroom upgrades. The property has gated access and four detached car garage units. The strategic location is only minutes from Downtown Los Angeles and near USC, Koreatown, Beverly Center, and the Grove.

Property details

House

Built in 1925

2016 total building sqft

1 Common Wall

Community

Sidewalks

Urban

Cooling

Wall/Window Unit(s)

Expenses

Insurance Expense: $2,262

Operating Expense: $23,323

Water Sewer Expense: $2,500

Garage

4 garage spaces

Income

Gross Income: 76804

Gross Scheduled Income: 96000

Net Operating Income: 72676

Interior Features

Unfurnished

All Bedrooms Down

Listing

Listing ID: GD23032852

Property Subtype: Quadruplex

12 days on market

Listed on 2023-03-01

Rent controlled

Location

County: Los Angeles

Lot

7001 sqft

0.1607 acres

Area: 7001

Rectangular Lot

Parking

4 total parking spaces

Property

2 buildings

4 units

Property attached

Sewer

Public Sewer

Tenant Pays

Cable TV

Electricity

Telephone

Water

Utilities

4 separate electric meters

4 separate gas meters

Monthly cost

Estimated monthly cost

$7,010/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$1,034,000

+$33,000

$1,067,000

Seller agent commission$33,000 (3%)*

$0 (0%)

Buyer agent commission$33,000 (3%)*

$33,000 (3%)*

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

Get $33,000 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: Mar 16, 2023 at 6:06 p.m.

Property listed by Dilbeck Real Estate, Jose Serrano Aguirre
Based on information from California Regional Multiple Listing Service, Inc. as of 03/16/2023 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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