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    1817 S Highland Ave

    Los Angeles, CA 90019
    • $2,125,000
    • STATUS: Active
    • ON SITE: 17 days
    • ID#: 20-658038
    UPDATED: 55 min ago
    $2,125,000
    • 6
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,056
      SQFT
    • $2,012
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1947
    County:

    School Ratings & Info

    Description

    An exciting investment a completely renovated 6-unit, modern complex zoned RD1.5 and is located in an opportunity zone. Complete transformed in late 2017, the property has six (6) 1 bedroom/ 1 bath units - all spacious and bright. The units have new and recently serviced stainless steel appliances. Four units have their own garage. The units are individually metered for both gas and electricity. All have similar sizes and attractive floor plans. This fantastic, trophy property, situated in a fantastic, central location, is full of opportunity. Wonderful tenants. Incredible rent comps are being achieved in this neighborhood, driven largely by the talent from the surrounding medical and tech hubs providing high-paying, stable employment. Just a few blocks from Target and Sprouts Market. Centrally located in Mid-City with easy access to Downtown, beaches, LACMA and Hollywood.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-12-01T21:42:39.103. 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/111879717
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    1817 S Highland Ave Los Angeles, CA 90019

    • Price: $2,125,000
    • Status: Active
    • Updated: 55 min ago
    • ID#: 20-658038
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1,056
    SQFT
    $2,012
    $/SQFT
    1947
    Built
    Neighborhood:
    Mid Los Angeles
    County:
    Los Angeles
    Area:
    Mid Los Angeles
    Property Description
    An exciting investment a completely renovated 6-unit, modern complex zoned RD1.5 and is located in an opportunity zone. Complete transformed in late 2017, the property has six (6) 1 bedroom/ 1 bath units - all spacious and bright. The units have new and recently serviced stainless steel appliances. Four units have their own garage. The units are individually metered for both gas and electricity. All have similar sizes and attractive floor plans. This fantastic, trophy property, situated in a fantastic, central location, is full of opportunity. Wonderful tenants. Incredible rent comps are being achieved in this neighborhood, driven largely by the talent from the surrounding medical and tech hubs providing high-paying, stable employment. Just a few blocks from Target and Sprouts Market. Centrally located in Mid-City with easy access to Downtown, beaches, LACMA and Hollywood.
    Exterior Features

    Cross Streets La Brea And Washington Lot Size Area 6243 Other Structures Other Parking Garage Garage - 4+ CarGatedAuto Driveway Gate Total Parking 4 View Description Other View YN Yes

    Interior Features

    Baths Total 6.00 Cooling Air Conditioning Equipment Range/OvenRefrigerator Flooring TileLaminate Heating Wall Gas

    Property Features

    Assessed Total Value 1065000 Gross Income 128304 Gross Operating Income 128304 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Like Units5 5 Like Units6 6 Net Operating Income 90798.00 Number Of Buildings 2 Number Of Units 6 Owner Pays GardenerGasWater Property Condition Updated/Remodeled Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays ElectricityTrash Collection Total Annual Expense 36162 Type Of Units 1 Bed 1 Bath Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Jeremy Kaiser DRE#01725819 of Corcoran Global Living.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-12-01T21:42:39.103. 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