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Offered for Sale: Two Multifamily Apartment Buildings: Westchester Neighborhood Prime Development Opportunity 'TWO PARCELS' side by side. The two properties are being sold as ‘One Purchase’ under this Listing Agreement. The ‘Data Analysis’ for the two properties have been combined under one total, as it applies to each of the ‘Data’ categories. Total Units: 18: Building Size 13,259 SF: Lot Size: 24,308 SFTotal Gross Income: $ 282,852 yrly. --- Total Gross Income $23,571 monthly --- Total Operating Expenses: $ 53,744 yrly----Net Income: $ 229,108 yrly Apartment Building: Lead Address: 7113 La Tijera Blvd Los Angeles CA 90045: APN 4103-008-02614 Units: Building: 10,495 SF Lot: 16,206 SF Apartment Building: Lead Address: 7107 La Tijera Blvd Los Angeles CA 90045: APN 4103-008-0254 Unit: Building: 2,764 SF Lot: 8,102 SF Property is subject to the City of Los Angeles Rent Control Ordinance. Laundry facilities on-site: Great opportunity to develop the two properties to their full potential. Will cooperate with 1031 exchange
Last Updated | 8/12/2024 | Year Built | 1952 |
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Community | Westchester | Garage Spaces | 15.0 |
County | Los Angeles |
Price History
Prior to Dec 30, '23 | $5,300,000 |
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Dec 30, '23 - Today | $5,000,000 |
Additional Details
AREA | Westchester |
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FIREPLACE | Yes |
GARAGE | Yes |
HEAT | Central |
HOA DUES | 0 |
LOT | 0.56 acre(s) |
LOT DESCRIPTION | 0-1 Unit/Acre |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 2 |
TAXES | 26004 |
WATER | Public |
ZONING | LAR3 |
Location
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