1400 S Harvard Boulevard

    Los Angeles (City), CA 90006
    • $995,000
    • STATUS: Active
    • ON SITE: 83 days
    • ID#: CV18202907
    UPDATED: 19 min ago
    $995,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,211
      SQFT
    • $310
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1909
    County:

    School Ratings & Info

    Description

    Quadruplex property located in the Harvard Heights section of thriving Korea town. The subject property is centrally located from major public transportation and minutes from Downtown Los Angeles, Staple Center, major shopping centers and incredible dinning establishments of Korea town and Downtown L.A. The property features (3) Large 1 bedroom + 1 bath and (1) 2 bedroom +1 bath units with tremendous upside in rents. Subject property has great long term tenants. Please do not disturb tenants and do not walk into property. Subject property has low maintenance and has been well kept by owner for over 20 years. Seller is looking at completing a 1031 exchange at no cost to buyer. Buyers to use their Due Diligence.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-12T19:30:11.323. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.mainstreetgroup.com/homes/86737114

    1400 S Harvard Boulevard Los Angeles (City), CA 90006

    • Price: $995,000
    • Status: Active
    • Updated: 19 min ago
    • ID#: CV18202907
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    3,211
    SQFT
    $310
    $/SQFT
    1909
    Built
    Neighborhood:
    KREA - Koreatown
    County:
    Los Angeles
    Area:
    KREA - Koreatown
    Property Description
    Quadruplex property located in the Harvard Heights section of thriving Korea town. The subject property is centrally located from major public transportation and minutes from Downtown Los Angeles, Staple Center, major shopping centers and incredible dinning establishments of Korea town and Downtown L.A. The property features (3) Large 1 bedroom + 1 bath and (1) 2 bedroom +1 bath units with tremendous upside in rents. Subject property has great long term tenants. Please do not disturb tenants and do not walk into property. Subject property has low maintenance and has been well kept by owner for over 20 years. Seller is looking at completing a 1031 exchange at no cost to buyer. Buyers to use their Due Diligence.
    Exterior Features

    Architectural Style Craftsman Construction Materials Stucco Fence YN Yes Fencing Chain LinkWrought Iron Foundation Details Raised Garage Spaces 0.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Features Off Site Parking Total 0.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Spa Features None Spa YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area 711 Average1 Bed Area Units Square Feet Average2 Bed Area 871 Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling None Cooling YN No Flooring CarpetTileVinylWood Heating Wall Heater Heating YN Yes Interior Features 2 Staircases Laundry Features None Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Urban Country Us Electric Standard Electric Expense 0.00 Elevation Units Feet Gardener Expense 600.00 Gross Income 45708.00 Gross Operating Income 11794.00 Gross Scheduled Income 45708.00 Insurance Expense 840.00 Land Lease YN No Laundry YN No Maintenance Expense 2400.00 Net Operating Income 32784.00 New Construction YN No New Taxes Expense 3250.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 12010.00 Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 3809.00 Total Expenses 12010.00 Trash Expense 1800.00 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Vacancy Allowance 914 Vacancy Allowance Rate 2.00 Water Sewer Expense 3120.00 Water Source Public Year Built Source Assessor Zoning Lar4

    Listing provided courtesy of Juan Guinto of South Pointe Properties.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-12T19:30:11.323. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    Mainstreet Realtors®
    8577 Haven Ave, Suite 100
    Rancho Cucamonga CA, 91730