2507 W 4th, Los Angeles, CA 90057

$950,000

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List Price
$950,000
Status
ACTIVE
MLS#
BB26212477
Year Built
1956
Lot Size
6,498
Acres
0.15
Lot Location
0-1 Unit/Acre
Days on Market
2
Property Type
Multifamily
Style
Spanish
Property Sub Type
Apartment

Property Description

Original LA Spanish style building. 6 Units - (2) 2 + 1, (4) 1+ 1 with additional single (guest room -permits unknown) covering 3,828 sqft Bldg. Rents are being collected on 7 units. LADBS has property listed as 6 units, LAHD has 7 units paying rents. Current owners have acquired the property in its current configuration years ago. Property is gated for privacy and security with plenty of parking behind building on this 6,496 sq ft lot. Separate coin op laundry room. Fully occupied, Located in the heart of Los Angeles' Westlake/Downtown sub-market. Close to Downtown Los Angeles, Echo Park, Koreatown, retail Shops, public transportation and Freeways. Sale is contingent upon Seller securing upleg of choice and effecting a 1031 exchange. Seller will look at all offers. OSTI. Sold AS IS.

Additional Information

Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Exterior Construction
Stucco
Roof
Flat
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
6
Gross Scheduled Income
$91,104
Operating Expense
34255

Listing courtesy of Listing Agent: Deborah Ivone (Cres@SBCglobal.net) from Listing Office: California R.E.Services.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.