Skip To Content
    Return to Previous Page

    4801 2Nd Ave

    Los Angeles, CA 90043
    • $2,975,000
    • STATUS: Active Under Contract
    • ON SITE: 124 days
    • ID#: 20-611890
    Under Contract
    UPDATED: 21 min ago
    $2,975,000
    • 15
      BEDS
    • 0.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 14,565
      SQFT
    • $204
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1912
    County:

    School Ratings & Info

    Description

    Rare mixed-use property, 12 apartments over 5 street front retail and commercial spaces. Gated parking lot for approx 13 cars. Situated on 13,000 SF corner lot, this low density property is the only large mixed-use property in the immediate area. Wood frame and stucco construction. The entire Exterior of the building is freshly painted, Parking area has been re surfaced. All units have separate electric meters, Gas is master meter. The apartment unit mix consists of 3 - 2 Bedroom one Bath, 4 - one-Bedroom one Bath and 5 units are Studios-one bath. Onsite manager unit does not include in rent roll, big upside! Updated Electric Panels, New Water Heater, NO Soft Story Retrofit needed- Just got clearance from the city. The property is located in a federal qualified ENTERPRISE ZONE / EMPLOYMENT AND ECONOMIC INCENTIVE PROGRAM AREA (EZ), West Adams- Community Plan Implementation Zone

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-12-03T10:42:25.753. 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/108444397
    Print Image

    4801 2Nd Ave Los Angeles, CA 90043

    • Price: $2,975,000
    • Status: Active Under Contract
    • Updated: 21 min ago
    • ID#: 20-611890
    15
    Beds
    0
    Baths
    0
    ½ Baths
    0.3
    Acres
    14,565
    SQFT
    $204
    $/SQFT
    1912
    Built
    Neighborhood:
    Park Hills Heights
    County:
    Los Angeles
    Area:
    Park Hills Heights
    Property Description
    Rare mixed-use property, 12 apartments over 5 street front retail and commercial spaces. Gated parking lot for approx 13 cars. Situated on 13,000 SF corner lot, this low density property is the only large mixed-use property in the immediate area. Wood frame and stucco construction. The entire Exterior of the building is freshly painted, Parking area has been re surfaced. All units have separate electric meters, Gas is master meter. The apartment unit mix consists of 3 - 2 Bedroom one Bath, 4 - one-Bedroom one Bath and 5 units are Studios-one bath. Onsite manager unit does not include in rent roll, big upside! Updated Electric Panels, New Water Heater, NO Soft Story Retrofit needed- Just got clearance from the city. The property is located in a federal qualified ENTERPRISE ZONE / EMPLOYMENT AND ECONOMIC INCENTIVE PROGRAM AREA (EZ), West Adams- Community Plan Implementation Zone
    Exterior Features

    Lot Size Area 13001 Other Structures None Parking Garage Gated Total Parking 13

    Interior Features

    Baths Total 16.00 Cooling Wall/Window Equipment None Heating Wall

    Property Features

    Gross Income 217536 Gross Operating Income 217536 Like Units1 3 Like Units2 5 Like Units3 4 Like Units4 5 Net Operating Income 192324.00 Number Of Buildings 2 Number Of Units 17 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 25212 Type Of Units Apt @ House Year Built Source Assessor Zoning Lac2

    Listing provided courtesy of Ofer Halimi DRE#01324758 of Compass.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-12-03T10:42:25.753. 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.
     
    https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_2_20-611890-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_2_20-611890-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_2_20-611890-2.jpg
    Logo
    TruLine Realty
    8644 Wilshire Blvd. Suite 204
    Beverly Hills CA, 90211