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    3860 W 1St St , #1

    Los Angeles, CA 90004
    • $1,525,000
    • STATUS: Active
    • ON SITE: 34 days
    • ID#: 20-596922
    UPDATED: 32 min ago
    $1,525,000
    • 6
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,556
      SQFT
    • $335
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1939
    County:
    Area:

    School Ratings & Info

    Description

    PRIME LOCATION!! in Koreatown /Mid-Wilshire area. Great opportunity for an investor. Currently property is zoned LAR3. This is a high demand area of Mid-Wilshire. Constructed in 1939, the building consists of 4 units-multifamily. The building features two 1bedroom / 1bath, one 2bedrooms / 1bath and one 2bedrooms / 1bath with a den. A large patio with over 200+ square feet. Units have original decorative built-in cabinetry and shelving. All units have access to a common patio and backyard. Close to all the shops, groceries, 101 freeway, restaurants, hotels, and churches. Transportation is very close and easy access. Few minutes drive to Downtown Los Angeles, Griffith Park, Melrose area Larchmont Village, and Hollywood. It is a very desirable location for a day and night activities. All units are month to month. Buyer to cooperate with sellers 1031 exchange with no cost to the buyer. Property is sold as is.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-08-03T06:43:59.07. 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.
    www.corrieluxuryhomes.com/homes/107321594
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    3860 W 1St St , #1 Los Angeles, CA 90004

    • Price: $1,525,000
    • Status: Active
    • Updated: 32 min ago
    • ID#: 20-596922
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    4,556
    SQFT
    $335
    $/SQFT
    1939
    Built
    Neighborhood:
    Mid-Wilshire
    County:
    Los Angeles
    Area:
    Mid-Wilshire
    Property Description
    PRIME LOCATION!! in Koreatown /Mid-Wilshire area. Great opportunity for an investor. Currently property is zoned LAR3. This is a high demand area of Mid-Wilshire. Constructed in 1939, the building consists of 4 units-multifamily. The building features two 1bedroom / 1bath, one 2bedrooms / 1bath and one 2bedrooms / 1bath with a den. A large patio with over 200+ square feet. Units have original decorative built-in cabinetry and shelving. All units have access to a common patio and backyard. Close to all the shops, groceries, 101 freeway, restaurants, hotels, and churches. Transportation is very close and easy access. Few minutes drive to Downtown Los Angeles, Griffith Park, Melrose area Larchmont Village, and Hollywood. It is a very desirable location for a day and night activities. All units are month to month. Buyer to cooperate with sellers 1031 exchange with no cost to the buyer. Property is sold as is.
    Exterior Features

    Covered Parking 4 Direction Faces North Lot Size Area 5522 Other Structures None Parking Garage CarportAttachedDriveway - Combination Style French Total Parking 8 View Description City Lights View YN Yes

    Interior Features

    Baths Total 4.00 Cooling None Equipment MicrowaveGas Dryer HookupRange/OvenRefrigerator Heating Central

    Property Features

    Assessed Total Value 172547 Entry Floor Number 2 Gardener Expense 720.00 Gross Income 70632 Gross Operating Income 70632 Insurance Expense 5105.00 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Net Operating Income 58054.00 Number Of Buildings 1 Number Of Units 4 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays ElectricityCable TvGas Total Annual Expense 12579 Type Of Units 4 Water Expense 3360.00 Year Built Source Vendor Enhanced Zoning Lar3

    Listing provided courtesy of Ted Alcantara DRE#01788552 of Keller Williams Downtown La.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-08-03T06:43:59.07. 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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