886-894 E 43rd Pl offers investors excellent in-place cash flow on day one with the benefit of additional upside in rents. The subject property offers an investor a great unit mix consisting of (3) 2 Bed / 1 Bath, (3) 3 Bed / 1 Bath and (1) 4 Bed /… Read More 1 Bath units. The offering consists of 2 separate buildings on 2 adjacent parcels totaling 13,494 square feet of land that is zoned LARD2. The total square footage of the buildings is 6,508 square feet with one building being built in 1925 and the other built in 1960.The utilities for both buildings
are separately metered. There is surface parking located including car port parking in the rear for two cars. All units are subject to LA city rent control. Read Less
Property listed by Lyon Stahl Investment Real Estate, Inc., Aaron Jacobson 310-729-1559
Listing Snapshot
Days Online
2
Last Updated
Property Type
Apartment
Lot Size
0.31 Acres
Year Built
1925
MLS Number
SB26085259
Additional Details
Building
Built in 1925, 2 buildings, 2 stories, Entry level: 1, Entry location: Front
Community
Curbs, Suburban, Sidewalks, Urban
Expenses
Operating: $52,792
Garage
7 spaces
Income
Gross Income: $178,452, Gross ScheduledIncome: $178,452, Net Operating Income: $116,738
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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