416 N Marianna Avenue

    Los Angeles (City), CA 90063
    • $730,000
    • STATUS: Active
    • ON SITE: 65 days
    • ID#: PW19194754
    UPDATED: 72 min ago
    $730,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,309
      SQFT
    • $316
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1913
    County:

    School Ratings & Info

    Description

    Excellent location for this rental property. Located near freeway access and public transportation including schools and shopping. The property is in good condition but it does need some cosmetic repairs. This property investment is running a good return for investment at 5.44%. Call for any further questions. The cap rate after new expenses and taxes is at 5.44%Excellent opportunity to own your own investment property. Become a landlord. This property is has a good location with positive cash flow to the current owner. Take advantage of the low interest rates available for lending. 100% occupancy on the property. We can do a full Cash Flow Analysis for you.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-19T07:34:26.58. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Douglas Elliman of California, Inc.. Licensed in the State of California, USA.
    www.danaeaballi.com/homes/97954610

    416 N Marianna Avenue Los Angeles (City), CA 90063

    • Price: $730,000
    • Status: Active
    • Updated: 72 min ago
    • ID#: PW19194754
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    2,309
    SQFT
    $316
    $/SQFT
    1913
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    Excellent location for this rental property. Located near freeway access and public transportation including schools and shopping. The property is in good condition but it does need some cosmetic repairs. This property investment is running a good return for investment at 5.44%. Call for any further questions. The cap rate after new expenses and taxes is at 5.44%Excellent opportunity to own your own investment property. Become a landlord. This property is has a good location with positive cash flow to the current owner. Take advantage of the low interest rates available for lending. 100% occupancy on the property. We can do a full Cash Flow Analysis for you.
    Exterior Features

    Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Laundry Features Community

    Property Features

    Accounting Type Actual Additional Parcels YN No Building Area Units Square Feet Building Status Existing Cap Rate 5.67 Country Us Expense Year 10575 Gross Scheduled Income 53100.00 Insurance Expense 600.00 Investment Property YN Yes Land Lease YN No Land Use Multi-Family Laundry YN Yes Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 34515.00 Property Sub Type Multi Family Real Estate Tax Expense 9375.00 Special Listing Conditions Standard Trash Expense 600.00 Water Source Public

    Listing provided courtesy of Luis Carrion of Coldwell Banker Alliance


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-19T07:34:26.58. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Douglas Elliman of California, Inc.. Licensed in the State of California, USA.
     
    Douglas Elliman of California, Inc.
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    Newport Beach CA, 92660