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Exclusive Realty, Inc.
2945 Westwood Blvd
Los Angeles, CA 90064
Phone: 310-441-0111
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Listing 1 out of 16
$749,000 Pending

4345 Woodlawn Avenue
Los Angeles, CA 90011

5 beds | Residential Income
2,880 sq ft - MLS# 19443720
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Description

Great Income Investment & Development Potential Property For The Price Of A Small Condo. In West L.A.. Nice Bungalow Style 5 unit complex in convenient Downtown L.A. area. Easy management and upside on existing rents. Under rent control. By Vernon Ave. & Main Street. Property has new roof, new separate electric meters. I unit totally updated. New water heaters for all units. *BONUS: Great for development. Property is Zoned C2 = R4 as per City. Tier 3 Zone. Density Bonus. As per City you can build up to 31 low income units or 18 regular units. You can also go up to 5 stories or 67' High. Building will come with tenants in place. Please do not disturb tenants as they are unaware of the sale. Buyer to do their own investigations to confirm accuracy of information provided.

Features

  • # of Parking Spaces: 5
  • Adjusted Gross Income: 55560.00
  • Agent License Number: 01703755
  • Bedrooms: 5
  • Cap Rate: 5.56
  • City Code: 10000058287
  • Cooking Appliances: Range
  • Cooling Type: Window Unit(s)
  • County/Area: Los Angeles County
  • Expense Total Annual: 13890.21
  • Gross Operating Income: 55560.00
  • Gross Rent Multiplier: 13.48
  • h: 1.0
  • Heating Type: Wall Heater
  • Listing Status: Pending
  • Lot Size Source: Vendor Enhanced
  • Lot Size SQ FT: 7021
  • Net Operating Income: 41670.63
  • Number Of Buildings: 3
  • Parking Spaces: 5
  • Parking Type: Parking Space
  • Property Type: Residential Income
  • Sq.Ft.: 2880
  • Square Footage Source: Public Records
  • Stories: 1-Story
  • Sub Type: Apartment Building
  • Subdivision: Downtown L.A. (C42)
  • Subdivision/Neighborhood: Downtown L.A. (C42)
  • Total Floors: 1
  • Unit Furnished01: Unfurnished
  • Unit Furnished02: Unfurnished
  • Unit Furnished03: Unfurnished
  • Unit Furnished04: Unfurnished
  • Unit Furnished05: Unfurnished
  • Unit Furnished06: Partially
  • Unit Furnished07: Partially
  • Unit Furnished08: Partially
  • Unit Furnished09: Partially
  • Unit Furnished10: Partially
  • Unit Furnished11: Partially
  • Unit Furnished12: Partially
  • Unit Furnished13: Partially
  • Unit Monthly Rent01: 1060.90
  • Unit Monthly Rent02: 1009.40
  • Unit Monthly Rent03: 358.05
  • Unit Monthly Rent04: 1250.00
  • Unit Monthly Rent05: 951.72
  • Unit Number Of Bath01: 1.0
  • Unit Number Of Bath02: 1.0
  • Unit Number Of Bath03: 1.0
  • Unit Number Of Bath05: 1.0
  • Unit Number Of Bed01: 1
  • Unit Number Of Bed02: 1
  • Unit Number Of Bed03: 1
  • Unit Number Of Bed04: 1
  • Unit Number Of Bed05: 1
  • Units In Complex: 5
  • Year Built: 1924
  • Zip Code: 90011
  • Zoning: LAC2

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2945 Westwood Blvd - Los Angeles, CA 90064 - (310) 441-0111 - Email Us
Exclusive Realty, Inc. Is licensed in the State of California
Department of Real Estate License #01836728
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