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    1936 S New England St

    Los Angeles, CA 90007
    • $2,400,000
    • STATUS: Active
    • ON SITE: 16 days
    • ID#: 20-661032
    UPDATED: 194 min ago
    $2,400,000
    • 6
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,531
      SQFT
    • $434
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1905
    County:

    School Ratings & Info

    Description

    FULLY REMODELED! 1936 S. New England St is a two-story, Fully Renovated complex conveniently located in Pico Union. The back house was built in 1905 and thefront 8-Unit building was built in 1913. The complex features an incredible Unit Mix of (4) 1-Bed+1-Bath Units, (4) Studio Units, and (1) 2-Bed+2-Bath rear home. The property features on-site laundry facilities, stainlesssteel appliances, custom cabinetry, designer finishes, stylish lighting, fresh paint and bright, open floorplans. Pico-Union is a perfect neighborhood for tenants looking for a Central and Easily Accessible location that borders Koreatown, West Adams and Downtown LA! The property is currently 100% Vacant, and is scheduled to yield a 5.34% cap rate and 12.8 GRM upon lease-up.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-12-04T23:42:28.223. 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/111997876
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    1936 S New England St Los Angeles, CA 90007

    • Price: $2,400,000
    • Status: Active
    • Updated: 194 min ago
    • ID#: 20-661032
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    5,531
    SQFT
    $434
    $/SQFT
    1905
    Built
    Neighborhood:
    Mid Los Angeles
    County:
    Los Angeles
    Area:
    Mid Los Angeles
    Property Description
    FULLY REMODELED! 1936 S. New England St is a two-story, Fully Renovated complex conveniently located in Pico Union. The back house was built in 1905 and thefront 8-Unit building was built in 1913. The complex features an incredible Unit Mix of (4) 1-Bed+1-Bath Units, (4) Studio Units, and (1) 2-Bed+2-Bath rear home. The property features on-site laundry facilities, stainlesssteel appliances, custom cabinetry, designer finishes, stylish lighting, fresh paint and bright, open floorplans. Pico-Union is a perfect neighborhood for tenants looking for a Central and Easily Accessible location that borders Koreatown, West Adams and Downtown LA! The property is currently 100% Vacant, and is scheduled to yield a 5.34% cap rate and 12.8 GRM upon lease-up.
    Exterior Features

    Lot Size Area 7499 Other Structures Other Parking Garage Other Total Parking 0

    Interior Features

    Baths Total 10.00 Cooling Other Equipment Other Heating Other

    Property Features

    Assessed Total Value 418467 Gross Income 183818 Gross Operating Income 183818 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 128264.00 Number Of Buildings 2 Number Of Units 9 Sale Type Standard Source Living Area Other Source Lot Size Area Other Total Annual Expense 55554 Type Of Units Apartments Year Built Source Other Zoning Lard1.5

    Listing provided courtesy of Elijah Korobkin DRE#01897085 of Central Realty Advisors Inc.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-12-04T23:42:28.223. 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