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    BEDS
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    ACRES
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    1/2 BATHS
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    SQFT
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    $/SQFT

Listing Details

Status
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On Site
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On Market
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MLS #
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Neighborhood
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Type
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Built
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County
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School Ratings & Info

Description

5 unit building bringing in current cap rate of 6%, with market cap rate of 8%. (3) 1bedroom1 bath residential units and 2 commercial front units. 1 of the residentials have been fully renovated, along with 1 of the stores in the front. 1 residential unit will be delivered vacant upon close of escrow, along with 1 commercial unit vacant as well. Other 2 residential units are ready to be vacated as well, please call agent for details. LOAN WILL NEED to be commercial loan due to the front 2 units.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-18T00:28:33.337. 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 RE/MAX Freedom. Licensed in the State of California, USA.
www.homesinthehighdesert.com/homes/117482802
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4070 S San Pedro Street Los Angeles (City), CA 90011

  • Price: $899,999
  • Status: Active
  • ID#: SR21109384
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1920
Built
Neighborhood:
699 - Not Defined
County:
Los Angeles
Area:
699 - Not Defined
Property Description
5 unit building bringing in current cap rate of 6%, with market cap rate of 8%. (3) 1bedroom1 bath residential units and 2 commercial front units. 1 of the residentials have been fully renovated, along with 1 of the stores in the front. 1 residential unit will be delivered vacant upon close of escrow, along with 1 commercial unit vacant as well. Other 2 residential units are ready to be vacated as well, please call agent for details. LOAN WILL NEED to be commercial loan due to the front 2 units.
Exterior Features

Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 6 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Additional Parcels YN No Common Interest None Community Features Curbs Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 60000 Gross Scheduled Income 60048 Insurance Expense 1500 Land Lease YN No Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Net Operating Income 0 New Construction YN No New Taxes Expense 0 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 0 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 500 Water Source Public Zoning Lac2

Listing provided courtesy of Tanya Barkhordar of Shans International Realty Brokerage


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-18T00:28:33.337. 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 RE/MAX Freedom. Licensed in the State of California, USA.
 
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RE/MAX Freedom
12180 Ridgecrest Rd. Building E Ste. 522
Victorville CA, 92395