Los Angeles, CA 90011,1141 East 50th ST
Los Angeles, CA 90011,1141 East 50th ST
Los Angeles, CA 90011,1141 East 50th ST
Los Angeles, CA 90011,1141 East 50th ST
Los Angeles, CA 90011,1141 East 50th ST
Los Angeles, CA 90011,1141 East 50th ST
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$ 1,200,000
Est. payment | /mo

5,397 Sqft Lot


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$ 1,200,000
Est. payment | /mo
Save

5,397 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25221770

Construction Status Updated/Remodeled,Turnkey

HOA Y/N No

Year Built 1924

Lot Size 5,397 Sqft

Property Sub-Type Quadruplex

Property Description

PERFECT for a BUYER TO LIVE IN THE 3 BEDROOM 1 BATH FRONT UNIT (It's VACANT) and get their mortgage paid for by the other 3 rental units (current rent roll for the 3 occupied units are $6590/month. FHA APPROVED!

This is a beautiful FULLY REMODELED 4-PLEX including One FREESTANDING BRAND NEW 1 BEDROOM ADU. The 3 Bedroom 1 bath unit is VACANT while the other 1 bedroom 1 bedroom are getting $2288, $2249, $2053. Pro forma for the Vacant 3/1 is $3500. There is room for 2 car parking in the front and additional parking spots in the back. 3 separate buildings and 4 gas and electrical meters. With all units rented out, one can expect an annual income of $121,080.

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Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Interior

Interior Features All Bedrooms Down

Fireplace No

Appliance ENERGY STAR Qualified Water Heater, Gas Oven, Gas Range, Refrigerator, Tankless Water Heater, Water Heater

Laundry None

Exterior

Parking Features Assigned

Pool None

Community Features Suburban, Sidewalks

View Y/N No

View None

Roof Type Composition

Private Pool No

Building

Lot Description Walkstreet

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction Yes

Construction Status Updated/Remodeled,Turnkey

Others

Senior Community No

Tax ID 5107026025

Acceptable Financing Cash, Conventional, FHA, Fannie Mae, Freddie Mac, Submit, VA Loan

Listing Terms Cash, Conventional, FHA, Fannie Mae, Freddie Mac, Submit, VA Loan

Special Listing Condition Standard

CRMLS – RECore
Listed by Mazdak Sarehkhani Mazdak Sarehkhani 818-601-8215

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Natalie Miranda
Natalie Miranda

Marketing Director | License ID: 02122928

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1141 East 50th ST