1606 S Bundy Drive

    Los Angeles (City), CA 90025
    • $2,177,000
    • STATUS: Active
    • ON SITE: 130 days
    • ID#: 18362910
    $2,177,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,208
      SQFT
    • $679
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:

    School Ratings & Info

    Description

    Strategically located in the epicenter of many employment and entertainment hubs, new media firms and coastal cities, this prime West LA location offers tenants proximity to Santa Monica Beach and its surrounding entertainment venues via the Expo Line, 405 & 10 Freeways. 1606 S Bundy Dr. is comprised of a 3,208 square foot 4 unit multi-family building on a nearly 6,000 square foot lot. Each unit offers 2 bedrooms 1 bath with inside laundry and a 1-car carport. All of the units are individually metered for gas & electric and have separate water heaters which help keep the landlord's expenses low. The building has new exterior paint, new driveway and copper plumbing.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-17T00:33:29.53. 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/85437340

    1606 S Bundy Drive Los Angeles (City), CA 90025

    • Price: $2,177,000
    • Status: Active
    • ID#: 18362910
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    3,208
    SQFT
    $679
    $/SQFT
    1955
    Built
    Neighborhood:
    WLA - West Los Angeles
    County:
    Los Angeles
    Area:
    WLA - West Los Angeles
    Property Description
    Strategically located in the epicenter of many employment and entertainment hubs, new media firms and coastal cities, this prime West LA location offers tenants proximity to Santa Monica Beach and its surrounding entertainment venues via the Expo Line, 405 & 10 Freeways. 1606 S Bundy Dr. is comprised of a 3,208 square foot 4 unit multi-family building on a nearly 6,000 square foot lot. Each unit offers 2 bedrooms 1 bath with inside laundry and a 1-car carport. All of the units are individually metered for gas & electric and have separate water heaters which help keep the landlord's expenses low. The building has new exterior paint, new driveway and copper plumbing.
    Exterior Features

    Carport Spaces 4.00 Lot Features Sprinklers None Lot Size Source Assessor Lot Size Units Square Feet Parking Features Carport Detached Parking Total 4.00 Parking YN Yes

    Interior Features

    Appliances None Appliances YN No Cooling None Cooling YN No Laundry Features None

    Property Features

    Cap Rate 3.64 Gross Multiplier 18.62 Gross Operating Income 113420.00 Improvements Amount 327857 Improvements Percent 33.11 Insurance Expense 1792.00 Land Lease YN No Land Value 662342 Land Value Percent 66.89 Laundry YN No Maintenance Expense 2000.00 Net Operating Income 79269.00 Special Listing Conditions Standard Total Expenses 34152.00 Water Sewer Expense 2045.00 Zoning Lar3

    Listing provided courtesy of John Capiro of Re/Max Estate Properties.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-17T00:33:29.53. 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.
     
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