1253 W Court Street
Los Angeles, CA 90026
MLS #RS15140685

Income
  • 4units
  • 3,500sq ft
$1,199,000
Est. P&I payment: $4579.37/mo
1253 W Court Street, Los Angeles, CA 90026
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Description for 1253 W Court Street, Los Angeles, CA 90026
We are pleased to present the opportunity to acquire a TRIPLEX AND A SMALL MINI MARKET , located in the heart of Echo Park. Built in 1910 the subject property offers a unit mix of 2-2-bedroom AND ONE-bathroom, 1 one-bedroom one-bathroom, and A small mini market Gas and electricity are separately metered while water is mastered. 5 parking spots for on-site tenants. With rents being 23.9% below market in a location that is continuing to gentrify, a savvy investor can understand why they don't want to miss this opportunity. PLEASE DO NOT DISTURB TENANTS. Very close to Belmont high school, and downtown LOS ANGELES.
MLS #RS15140685
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My Notes for MLS #RS15140685

General Features

  • Number Of Buildings: 1
  • Number Of Units Total: 4
  • Year Built: 1910
  • Year Built Source: Assessor
  • Elevation Units: Feet

Exterior Features

  • Lot Features: 0-1 Unit/Acre
  • Lot Size SqFt: 3,797
  • Lot Size Units: Square Feet
  • Pool Features: None
  • Common Walls: 2+ Common Walls
  • Property Attached YN: 1

Utility Features

  • Water Source: Public
  • Sewer: Sewer Paid
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4

Financial Features

  • Gross Scheduled Income: 4,700
  • Insurance Expense: 850
  • Net Operating Income: 3,700
  • Operating Expense: 1,000
  • Price Per SqFt: 342.57
  • Total Expenses: 11,659
  • Trash Expense: 1,125
  • Tax Lot: 8
  • Gross Income: 4,150
  • New Taxes Expense: 9,684
  • Rent Control YN: 1

Community Features

  • Community Features: Sidewalks,​Street Lighting,​Urban

Miscellaneous Features

  • Building Area Total: 3,500
  • Building Area Units: Square Feet
  • Days On Market: 914
  • Lot Size Source: Assessor
  • Special Listing Conditions: Standard
  • Cumulative Days On Market: 1,272
  • Tax Tract Number: 14

Location

 
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Directions to 1253 W Court Street, Los Angeles, CA 90026
Cross Streets: TEMPLE
Listing information for 1253 W Court Street, Los Angeles, CA 90026 was graciously provided by our friends at the listing brokerage, Re/Max College Park Realty and by listing agent Jacinto Edwin DRE# 01119435

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P&I Payment $4579.37
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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 04/19/2018 at 5:59am
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