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    1525 Hi Point St

    Los Angeles, CA 90035
    • $6,850,000
    • STATUS: Active
    • ON SITE: 165 days
    • ID#: 20-592104
    UPDATED: 85 min ago
    $6,850,000
    • 20
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 11,200
      SQFT
    • $612
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1990
    County:

    School Ratings & Info

    Description

    We are proud to present this beautifully remodeled property totaling 10 Condos located at 1525 Hi Point Street in Los Angeles, California. The property was built in 1990.This property is excellently upgraded and nearly turn-key in a fantastic rental pocket in the heart of Mid-City, just south of Pico Boulevard.1525 Hi Point St is condo mapped with individual APNs and sits on 8,498 square feet of land with 10,286 square feet of rentable area. 8 of 10 units have been fully renovated. All 10 units are two bed / two and a half bath and features individual meters for all utilities, in-unit washer & dryer and gated parking.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-11-29T22:42:29.323. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.trulinerealty.com/homes/106928386
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    1525 Hi Point St Los Angeles, CA 90035

    • Price: $6,850,000
    • Status: Active
    • Updated: 85 min ago
    • ID#: 20-592104
    20
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    11,200
    SQFT
    $612
    $/SQFT
    1990
    Built
    Neighborhood:
    Beverlywood Vicinity
    County:
    Los Angeles
    Area:
    Beverlywood Vicinity
    Property Description
    We are proud to present this beautifully remodeled property totaling 10 Condos located at 1525 Hi Point Street in Los Angeles, California. The property was built in 1990.This property is excellently upgraded and nearly turn-key in a fantastic rental pocket in the heart of Mid-City, just south of Pico Boulevard.1525 Hi Point St is condo mapped with individual APNs and sits on 8,498 square feet of land with 10,286 square feet of rentable area. 8 of 10 units have been fully renovated. All 10 units are two bed / two and a half bath and features individual meters for all utilities, in-unit washer & dryer and gated parking.
    Exterior Features

    Lot Size Area 8498 Other Structures Other Parking Garage Other Total Parking 10

    Interior Features

    Baths Total 20.50 Cooling Other Equipment Other Heating Other

    Property Features

    Gross Income 376326 Gross Operating Income 376326 Like Units1 10 Net Operating Income 243796.00 Number Of Buildings 1 Number Of Units 10 Rent Control YN No Sale Type Standard Source Living Area Appraiser Source Lot Size Area Appraiser Total Annual Expense 132530 Type Of Units Standard Water Heaters YN Yes Year Built Source Appraiser Zoning Lar3

    Listing provided courtesy of Filip Niculete DRE#01905352 of Marcus & Millichap.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-11-29T22:42:29.323. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    TruLine Realty
    8644 Wilshire Blvd. Suite 204
    Beverly Hills CA, 90211