Address
12618 S Wilmington Avenue Los Angeles, CA
Price
$ 1,299,950
Property Attributes
  • MLS#DW21036872
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • Zip90059
  • Style
  • Price$ 1,299,950
  • Bedrooms6
  • Full Bathrooms6
  • Half Bathrooms0
  • Lot Size10,890 SqFt
Listing Provided Courtesy Of:
Ruben Sarinana with Century 21 A Better Service.
Data Source:
CRMLS
Property Description

GREAT INVESTMENT PROPERTY! This property is located near the 105 FWY and Wilmington Ave. It is located 20 minutes away from the Los Angeles Airport providing easy access to Metro Expo Line, the 105 freeway, 110 Freeway, and Downtown Los Angeles nightlife, entertainment, restaurants, and employment opportunities. Property has all paying tenants with rents near market value. This property is great for client looking to obtain CASH FLOW. 2 separate structures and parking for 1 car for each unit. Some units have had recent work done. Cap rate at 5% and room for growth. Please do not disturb the current tenants. LETS PUT THIS PROPERTY INTO ESCROW!!!

Price History
2/23/2021 Listed $1,299,950

General Features

Community Features Street Lights, Sidewalks
Garage Spaces 6
Garage Y/N Yes
MLS Area 699 - Not Defined
Pool Features None
Property Type Residential Income
Sewer Public Sewer
Terms Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Total Actual Rent 7520
Total Units 6
Water Sewer Expense 4500
Zoning LCR3YY

Interior Features

Common Walls No Common Walls
Laundry Features None

Exterior Features

Lot Features 6-10 Units/Acre
Lot Size Acres 0.25
Lot Size Area 10713
Lot Size Source Assessor
Lot Size Square Feet 10713
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 6
Number of Separate Gas Meters 6
Number of Separate Water Meters 1
Total Parking 6
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90059

Price
AVG $700K
$1.3M
Visits
AVG 18
19
Year Built
AVG 1942
1947
Walkscore
AVG 63
58
Data Provided by Walkscore ® not using MLS data

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