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    1632 Veteran Avenue

    Los Angeles, CA 90024
    • $1,755,000
    • STATUS: ACTIVE
    • ON SITE: 16 days
    • ID#: SB21089693
    UPDATED: 73 min ago
    $1,755,000
    • 6
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    1632 veteran (3 unit) plus its nearly identical twin next door at 1638 Veteran, which is a 4 plex, can be bought in a 15 unit package along with 1906 Malcolm (8 units). A trust owns all 3 buildings and will sell all separately, or as a package. ** Both buildings are in extremely good shape and highly upgraded. Nice mix in the 7 units: five of the units are 2 beds and the remaining units are 1 beds. One of the units is a 2 story, townhome styled unit with 2 beds and 2 baths. ** Long term tenants - average is over 4 years! ** Ample parking with garages in the back. ** Because the land is upsloped some of the units actually have views! ** Been in the same family for 2 decades and greatly cared for. Extremely well maintained. Really nice curb appeal with mature landscaping. ** On site common laundry room with seller-owned washer and dryer. Individually metered for gas and electric. 100% occupied. ** Located in a high demand rental area, close to UCLA & neighboring communities of Westwood, Century City & Beverly Hills. Easily accessible to 405 Freeway, public transportation, shopping and entertainment. ** Drive By Only. DO NOT DISTURB TENANTS. Same owner owns 1910 Malcolm. No intent to sell at this time. ** Seller will consider offers that are contingent on the closing of another property. Seller is not doing a 1031 and will coop with buyers 1031. 1632 veteran (3 unit) plus its nearly identical twin next door at 1638 Veteran, which is a 4 plex, can be bought in a 15 unit package along with 1906 Malcolm (8 units). A trust owns all 3 buildings and will sell all separately, or as a package. ** Both buildings are in extremely good shape and highly upgraded. Nice mix in the 7 units: five of the units are 2 beds and the remaining units are 1 beds. One of the units is a 2 story, townhome styled unit with 2 beds and 2 baths. ** Long term tenants - average is over 4 years! ** Ample parking with garages in the back. ** Because the land is upsloped some of the units actually have views! ** Been in the same family for 2 decades and greatly cared for. Extremely well maintained. Really nice curb appeal with mature landscaping. ** On site common laundry room with seller-owned washer and dryer. Individually metered for gas and electric. 100% occupied. ** Located in a high demand rental area, close to UCLA & neighboring communities of Westwood, Century City & Beverly Hills. Easily accessible to 405 Freeway, public transportation, shopping and entertainment. ** Drive By Only. DO NOT DISTURB TENANTS. Same owner owns 1910 Malcolm. No intent to sell at this time. ** Seller will consider offers that are contingent on the closing of another property. Seller is not doing a 1031 and will coop with buyers 1031.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
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    1632 Veteran Avenue Los Angeles, CA 90024

    • Price: $1,755,000
    • Status: ACTIVE
    • Updated: 73 min ago
    • ID#: SB21089693
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    Neighborhood:
    Los Angeles (90024)
    County:
    Los Angeles
    Area:
    Los Angeles (90024)
    Property Description
    1632 veteran (3 unit) plus its nearly identical twin next door at 1638 Veteran, which is a 4 plex, can be bought in a 15 unit package along with 1906 Malcolm (8 units). A trust owns all 3 buildings and will sell all separately, or as a package. ** Both buildings are in extremely good shape and highly upgraded. Nice mix in the 7 units: five of the units are 2 beds and the remaining units are 1 beds. One of the units is a 2 story, townhome styled unit with 2 beds and 2 baths. ** Long term tenants - average is over 4 years! ** Ample parking with garages in the back. ** Because the land is upsloped some of the units actually have views! ** Been in the same family for 2 decades and greatly cared for. Extremely well maintained. Really nice curb appeal with mature landscaping. ** On site common laundry room with seller-owned washer and dryer. Individually metered for gas and electric. 100% occupied. ** Located in a high demand rental area, close to UCLA & neighboring communities of Westwood, Century City & Beverly Hills. Easily accessible to 405 Freeway, public transportation, shopping and entertainment. ** Drive By Only. DO NOT DISTURB TENANTS. Same owner owns 1910 Malcolm. No intent to sell at this time. ** Seller will consider offers that are contingent on the closing of another property. Seller is not doing a 1031 and will coop with buyers 1031. 1632 veteran (3 unit) plus its nearly identical twin next door at 1638 Veteran, which is a 4 plex, can be bought in a 15 unit package along with 1906 Malcolm (8 units). A trust owns all 3 buildings and will sell all separately, or as a package. ** Both buildings are in extremely good shape and highly upgraded. Nice mix in the 7 units: five of the units are 2 beds and the remaining units are 1 beds. One of the units is a 2 story, townhome styled unit with 2 beds and 2 baths. ** Long term tenants - average is over 4 years! ** Ample parking with garages in the back. ** Because the land is upsloped some of the units actually have views! ** Been in the same family for 2 decades and greatly cared for. Extremely well maintained. Really nice curb appeal with mature landscaping. ** On site common laundry room with seller-owned washer and dryer. Individually metered for gas and electric. 100% occupied. ** Located in a high demand rental area, close to UCLA & neighboring communities of Westwood, Century City & Beverly Hills. Easily accessible to 405 Freeway, public transportation, shopping and entertainment. ** Drive By Only. DO NOT DISTURB TENANTS. Same owner owns 1910 Malcolm. No intent to sell at this time. ** Seller will consider offers that are contingent on the closing of another property. Seller is not doing a 1031 and will coop with buyers 1031.
    Exterior Features

    Irrigation Sprinklers Pool N/K Site Sidewalks

    Interior Features

    Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 2 Units With Range Oven 3

    Property Features

    Actual Cap Rate 3.86 Annual Expense Actual 35884 Buildings 1 Gross Rent Multiplier Actual 16.59 Gross Scheduled Income Actual 100166 Home Owners Fees 0.0 Tenant Pays ElectricityGas/Propane Terms CashExchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit1 Rent Actual 2875.0 Unit2 Rent Actual 2650.0 Unit3 Rent Actual 2756.0 Zoning Assessor

    Listing provided courtesy of Engel & Volkers La-South Bay. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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    Carrie Filla & Associates | Pacific Sotheby's International Realty
    5825 Avenida Encinas Ste 101
    Carlsbad CA, 92008