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    5943 S Olive St

    Los Angeles, CA 90003
    • $599,999
    • STATUS: Active Under Contract
    • ON SITE: 26 days
    • ID#: 20-655288
    Under Contract
    UPDATED: 65 min ago
    $599,999
    • 5
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,664
      SQFT
    • $361
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1927
    County:

    School Ratings & Info

    Description

    This is an Excellent investment opportunity to own 2 houses on a lot. The front house offers 3 bedroom 1 bath, living room and dining room. The beautiful kitchen has oak wood cabinets rendering plenty of storage and there is a separate laundry room off the kitchen. There are ceiling fans in almost every room. The 2 bedroom and 1 bath unit has a living room, nice size kitchen with plenty of storage space and a bonus room that can accommodate a laundry room/pantry. There is a 2 car detached garage with shelving for storage and a separate uncovered carport area . These units are ideal for a seasoned investor or a first time investor. The front house will be delivered vacant. Please submit your offer subject to inspection along with the Approval Letter, DU and proof of funds. PLEASE DO NOT DISTURB OCCUPANTS.

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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/111619343
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    5943 S Olive St Los Angeles, CA 90003

    • Price: $599,999
    • Status: Active Under Contract
    • Updated: 65 min ago
    • ID#: 20-655288
    5
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    1,664
    SQFT
    $361
    $/SQFT
    1927
    Built
    Neighborhood:
    Downtown L.A.
    County:
    Los Angeles
    Area:
    Downtown L.A.
    Property Description
    This is an Excellent investment opportunity to own 2 houses on a lot. The front house offers 3 bedroom 1 bath, living room and dining room. The beautiful kitchen has oak wood cabinets rendering plenty of storage and there is a separate laundry room off the kitchen. There are ceiling fans in almost every room. The 2 bedroom and 1 bath unit has a living room, nice size kitchen with plenty of storage space and a bonus room that can accommodate a laundry room/pantry. There is a 2 car detached garage with shelving for storage and a separate uncovered carport area . These units are ideal for a seasoned investor or a first time investor. The front house will be delivered vacant. Please submit your offer subject to inspection along with the Approval Letter, DU and proof of funds. PLEASE DO NOT DISTURB OCCUPANTS.
    Exterior Features

    Direction Faces East Exterior Construction Wood Siding Levels Ground Level Lot Description Fenced Yard Lot Size Area 5207 Other Structures None Parking Garage Detached Patio Features Porch - Front Pool Description None Pool YN No Roof CompositionShingle Spa None Spa YN No Sprinklers None Style California Bungalow Total Parking 2 View Description None View YN No

    Interior Features

    Bathroom Features Shower Over Tub Baths Total 2.00 Bedroom Features All Bedrooms Down Common Walls Detached/No Common Walls Cooking Appliances Cooktop - GasConvection Oven Cooling None Equipment Ceiling FanGas Dryer HookupHood Fan Fireplace Rooms None Flooring CarpetCeramic Tile Heating Wall Gas Kitchen Features Counter Top Laundry InsideRoom

    Property Features

    Alley YN Yes Assessed Total Value 114215 Gross Income 800 Gross Operating Income 9600 Like Units1 1 Like Units2 1 Net Operating Income 7380.00 Number Of Buildings 2 Number Of Units 2 Rent Control YN Yes Sale Type Standard Sewer In Street Source Living Area Assessor Source Lot Size Area Vendor Enhanced Total Annual Expense 2200 Type Of Units 2 On A Lot Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar2

    Listing provided courtesy of Kenmoria Woodson DRE# of Robert Pitts Estates.


    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