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    947 Magnolia Avenue

    Los Angeles, CA 90006
    • $4,200,000
    • STATUS: ACTIVE
    • ON SITE: 17 days
    • ID#: WS21082578
    $4,200,000
    • 1
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Koreatown apartment opportunity with 22 parking spaces! First time on the market for over 25 years! All large almost 900SF one bedrooms. Security Camera System. Laundry room on site, where an owner can install and keep all the income. Currently there are 2 vacancies being held for showing purposes. NOI is subject to verification. Two units have been remodeled including the one in the pictures. The others are original built condition. 80% of the building has new copper pipes and the water heater is 4 years old. Property won't last! Koreatown apartment opportunity with 22 parking spaces! First time on the market for over 25 years! All large almost 900SF one bedrooms. Security Camera System. Laundry room on site, where an owner can install and keep all the income. Currently there are 2 vacancies being held for showing purposes. NOI is subject to verification. Two units have been remodeled including the one in the pictures. The others are original built condition. 80% of the building has new copper pipes and the water heater is 4 years old. Property won't last!

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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.
    www.carriefilla.com/homes/116282956
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    947 Magnolia Avenue Los Angeles, CA 90006

    • Price: $4,200,000
    • Status: ACTIVE
    • ID#: WS21082578
    1
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    Neighborhood:
    Los Angeles (90006)
    County:
    Los Angeles
    Area:
    Los Angeles (90006)
    Property Description
    Koreatown apartment opportunity with 22 parking spaces! First time on the market for over 25 years! All large almost 900SF one bedrooms. Security Camera System. Laundry room on site, where an owner can install and keep all the income. Currently there are 2 vacancies being held for showing purposes. NOI is subject to verification. Two units have been remodeled including the one in the pictures. The others are original built condition. 80% of the building has new copper pipes and the water heater is 4 years old. Property won't last! Koreatown apartment opportunity with 22 parking spaces! First time on the market for over 25 years! All large almost 900SF one bedrooms. Security Camera System. Laundry room on site, where an owner can install and keep all the income. Currently there are 2 vacancies being held for showing purposes. NOI is subject to verification. Two units have been remodeled including the one in the pictures. The others are original built condition. 80% of the building has new copper pipes and the water heater is 4 years old. Property won't last!
    Exterior Features

    Irrigation Sprinklers Pool N/K Site Curbs

    Interior Features

    Stories 3 Story Total Baths Unit1 1

    Property Features

    Actual Cap Rate 3.0 Annual Expense Actual 126998 Buildings 1 Gross Scheduled Income Actual 254544 Home Owners Fees 0.0 Tenant Pays ElectricityGas/Propane Terms Conventional Unit Number For Unit1 1 Unit1 Rent Actual 1178.0 Zoning Assessor

    Listing provided courtesy of Travis Ely. 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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