1213 Dewey Avenue

    Los Angeles (City), CA 90006
    • $1,100,000
    • STATUS: Active
    • ON SITE: 172 days
    • ID#: 17264714
    UPDATED: 37 min ago
    $1,100,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,200
      SQFT
    • $500
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1902
    County:

    School Ratings & Info

    Description

    Great opportunity to own 4 units in Korea town. one of fastest increase rental market in southern California. recently remodeled all of 4 unit with kitchen and bathrooms. Hardwood floor and new electricity panel, Put a new fence around the house current owner convert subject property 2 units to 4 units with city permit. easy to maintenance and best income property for new start up investors.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-18T12:26:32.61. 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.
    www.kristirobertsgroup.com/homes/76324903

    1213 Dewey Avenue Los Angeles (City), CA 90006

    • Price: $1,100,000
    • Status: Active
    • Updated: 37 min ago
    • ID#: 17264714
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,200
    SQFT
    $500
    $/SQFT
    1902
    Built
    Neighborhood:
    C17 - Mid-Wilshire
    County:
    Los Angeles
    Area:
    C17 - Mid-Wilshire
    Property Description
    Great opportunity to own 4 units in Korea town. one of fastest increase rental market in southern California. recently remodeled all of 4 unit with kitchen and bathrooms. Hardwood floor and new electricity panel, Put a new fence around the house current owner convert subject property 2 units to 4 units with city permit. easy to maintenance and best income property for new start up investors.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Assigned Parking YN Yes

    Interior Features

    Laundry Features See Remarks

    Property Features

    Cap Rate 5.77 Gross Multiplier 13.30 Gross Operating Income 71400.00 Improvements Amount 198000 Land Value 462000 Laundry YN Yes Net Operating Income 54795.00 Special Listing Conditions Standard Total Expenses 16605.00 Zoning Lar3

    Listing provided courtesy of Jinwook Cho of Dream Realty Asset Mgt, Inc..


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-18T12:26:32.61. 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.
    Kristi Roberts Group, Inc.
    29910 Murrieta Hot Springs Road
    Murrieta CA, 92563