2416 E 1st Street
Los Angeles, CA 90033
MLS #IG17040473

Income
  • 3units
  • 3,190sq ft
Pending Sale $899,000
Est. P&I payment: $3433.57/mo
2416 E 1st Street, Los Angeles, CA 90033
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Description for 2416 E 1st Street, Los Angeles, CA 90033
Commercial and Residential Building. Downstairs is a former bakery and boutique that is vacant and can be subdivided into 2 store fronts. Upstairs is a 3 bedroom apartment and a 2 bedroom apartment with long term tenants. This is a high traffic commercial area that is good for a restaurant, coffee shop or retail business. There is also 2 large storage rooms that are not included in the square footage that have potential for additional rental space or expansion.
MLS #IG17040473
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My Notes for MLS #IG17040473

General Features

  • Number Of Buildings: 1
  • Number Of Units Total: 3
  • Year Built: 1918
  • Year Built Source: Assessor
  • Zoning: LAC2
  • Elevation Units: Feet

Exterior Features

  • Stories Total: 2
  • Lot Features: Lot 6500-9999
  • Lot Size SqFt: 5,549
  • Lot Size Units: Square Feet
  • Pool Features: None
  • Common Walls: 1 Common Wall
  • Property Attached YN: 1

Interior Features

  • Levels: One
  • Average 1Bed Area Units: Square Feet
  • Average 2Bed Area Units: Square Feet
  • Average 3Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet

Utility Features

  • Water Source: Public
  • Road Frontage Type: Alley
  • Road Surface Type: Paved
  • Sewer: Sewer Paid
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Financial Features

  • Electric Expense: 100
  • Gross Scheduled Income: 5,750
  • Insurance Expense: 150
  • Net Operating Income: 5,650
  • Operating Expense: 100
  • Price Per SqFt: 281.82
  • Total Expenses: 275
  • Trash Expense: 75
  • Water Sewer Expense: 50
  • Tax Lot: 1
  • Gross Income: 5,950
  • New Taxes Expense: 8,500
  • Rent Control YN: 1

Community Features

  • Community Features: Street Lighting,​Urban

Miscellaneous Features

  • Building Area Total: 3,190
  • Building Area Units: Square Feet
  • Days On Market: 106
  • Lot Size Source: Assessor
  • Special Listing Conditions: Standard
  • Cumulative Days On Market: 106
  • Tax Census Tract: 2,043
  • Tax Tract Number: 768,914

Location

 
Street View Not Available
Directions to 2416 E 1st Street, Los Angeles, CA 90033
half a block east on 1st from Soto Street
Listing information for 2416 E 1st Street, Los Angeles, CA 90033 was graciously provided by our friends at the listing brokerage, Keller Williams Realty and by listing agent Hernandez Rose DRE# 01414767 and Hernandez Jesse DRE# 01232333

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P&I Payment $3433.57
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Alliance Realty's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Alliance Realty, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 04/21/2018 at 1:59pm
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