1253 W Court Street
Los Angeles, CA 90026
MLS #RS15140685
Income
$1,199,000
Est. P&I payment: $4579.37/mo
Description for 1253 W Court Street, Los Angeles, CA 90026We 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
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
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
Street View Not Available
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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Last Updated 04/19/2018 at 5:59am
