Skip To Content
    Return to Previous Page

    4060 Stevely Avenue

    Los Angeles, CA 90008
    • $4,395,000
    • STATUS: CONTINGENT
    • ON SITE: 19 days
    • ID#: 302657217
    Under Contract
    UPDATED: 28 min ago
    $4,395,000
    • 6
      BEDS
    • 0.41
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1961
    County:

    School Ratings & Info

    Description

    Rare opportunity to purchase a larger Baldwin Village apartment building at the end of a quiet street bordering Jim Gilliam Park. Seller has owned the property since 1977 and has maintained it with an open checkbook. Great bones for an investor to come in and do some remodeling and not have to worry about a lot of deferred maintenance. Soft story has been completed. Building consists of 2-studios(one of them is considered a "guest room" by the city because it does not have a kitchen), 10-1bed/1bath, 10-2b Rare opportunity to purchase a larger Baldwin Village apartment building at the end of a quiet street bordering Jim Gilliam Park. Seller has owned the property since 1977 and has maintained it with an open checkbook. Great bones for an investor to come in and do some remodeling and not have to worry about a lot of deferred maintenance. Soft story has been completed. Building consists of 2-studios(one of them is considered a "guest room" by the city because it does not have a kitchen), 10-1bed/1bath, 10-2bed/2bath, and 1-3bed/2bath. Property has 21 carports and 2 uncovered spaces. Expenses are lower than usual due to the fact tenants pay for their own trash collection. Don't let your buyer's miss this opportunity.

    Monthly Payment Calculator

    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.triolorealty.com/homes/109707365
    Print Image

    4060 Stevely Avenue Los Angeles, CA 90008

    • Price: $4,395,000
    • Status: CONTINGENT
    • Updated: 28 min ago
    • ID#: 302657217
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.41
    Acres
    1961
    Built
    Neighborhood:
    Los Angeles (90008)
    County:
    Los Angeles
    Area:
    Los Angeles (90008)
    Property Description
    Rare opportunity to purchase a larger Baldwin Village apartment building at the end of a quiet street bordering Jim Gilliam Park. Seller has owned the property since 1977 and has maintained it with an open checkbook. Great bones for an investor to come in and do some remodeling and not have to worry about a lot of deferred maintenance. Soft story has been completed. Building consists of 2-studios(one of them is considered a "guest room" by the city because it does not have a kitchen), 10-1bed/1bath, 10-2b Rare opportunity to purchase a larger Baldwin Village apartment building at the end of a quiet street bordering Jim Gilliam Park. Seller has owned the property since 1977 and has maintained it with an open checkbook. Great bones for an investor to come in and do some remodeling and not have to worry about a lot of deferred maintenance. Soft story has been completed. Building consists of 2-studios(one of them is considered a "guest room" by the city because it does not have a kitchen), 10-1bed/1bath, 10-2bed/2bath, and 1-3bed/2bath. Property has 21 carports and 2 uncovered spaces. Expenses are lower than usual due to the fact tenants pay for their own trash collection. Don't let your buyer's miss this opportunity.
    Exterior Features

    Pool N/K

    Interior Features

    Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 1 Total Baths Unit3 2 Total Baths Unit4 1

    Property Features

    Actual Cap Rate 4.8 Annual Expense Actual 116343 Buildings 1 Gross Rent Multiplier Actual 13.0 Gross Scheduled Income Actual 337066 Tenant Pays TrashElectricityGas/Propane Terms Cash Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 150720.0 Unit2 Rent Actual 143388.0 Unit3 Rent Actual 21132.0 Unit4 Rent Actual 21816.0 Water Meter On Property Zoning Lar3

    Listing provided courtesy of Barrette Real Estate Investments, Inc.. Listing information © 2020 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
     
    Logo
    Keller Williams - Triolo Realty Group
    12780 High Bluff Drive, Suite 130
    San Diego CA, 92130