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    430 N Bixel St

    Los Angeles, CA 90026
    • $1,875,000
    • STATUS: Active
    • ON SITE: 48 days
    • ID#: 20-591006
    UPDATED: 54 min ago
    $1,875,000
    • 11
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,462
      SQFT
    • $290
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    430 North Bixel Street is an 8 Unit apartment community located in Echo Park (90026), one of LAs most dynamic neighborhoods. It was built in 1923 and consists of 8 apartment units within four separate structures and is sited on a 7,417 SF street-to-street parcel facing both Bixel and Firmin Streets. The four units on Bixel Street are the quintessential L. A. bungalow style and each unit features a generous layout with 1-bedroom and 1-bathroom each. The four units on Firmin Street are larger units and consist of Three (3) 2-bedroom | 1-bathroom units and One (1) 1-bedroom | 1-bathroom unit PLUS a Den. Two of the eight units have been renovated and the property demonstrates a proven concept that a meaningful renovation will achieve an exceptional market rent. The expenses are kept low since each unit is separately metered for gas and electric utilities and has its own water heater.

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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/106874773
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    430 N Bixel St Los Angeles, CA 90026

    • Price: $1,875,000
    • Status: Active
    • Updated: 54 min ago
    • ID#: 20-591006
    11
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    6,462
    SQFT
    $290
    $/SQFT
    1923
    Built
    Neighborhood:
    Silver Lake - Echo Park
    County:
    Los Angeles
    Area:
    Silver Lake - Echo Park
    Property Description
    430 North Bixel Street is an 8 Unit apartment community located in Echo Park (90026), one of LAs most dynamic neighborhoods. It was built in 1923 and consists of 8 apartment units within four separate structures and is sited on a 7,417 SF street-to-street parcel facing both Bixel and Firmin Streets. The four units on Bixel Street are the quintessential L. A. bungalow style and each unit features a generous layout with 1-bedroom and 1-bathroom each. The four units on Firmin Street are larger units and consist of Three (3) 2-bedroom | 1-bathroom units and One (1) 1-bedroom | 1-bathroom unit PLUS a Den. Two of the eight units have been renovated and the property demonstrates a proven concept that a meaningful renovation will achieve an exceptional market rent. The expenses are kept low since each unit is separately metered for gas and electric utilities and has its own water heater.
    Exterior Features

    Lot Size Area 7417 Other Structures None Parking Garage None Total Parking 0

    Interior Features

    Baths Total 8.00 Cooling Wall/WindowOther Equipment Other Heating WallOther

    Property Features

    Assessed Total Value 1020000 Gross Income 122845 Gross Operating Income 121617 Like Units1 4 Like Units2 3 Like Units3 1 Net Operating Income 79618.00 Number Of Buildings 4 Number Of Units 8 Sale Type Standard Source Living Area Assessor Source Lot Size Area Vendor Enhanced Total Annual Expense 41999 Type Of Units Apartments Year Built Source Vendor Enhanced Zoning Lacw

    Listing provided courtesy of Nick Astrupgaard DRE#01893466 of Kw Commercial Studio City.


    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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