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144 W Avenue 26

East Los Angeles, CA 90031
  • $2,100,000
  • STATUS: ACTIVE
  • ON SITE: 224 Days
  • ID#: AR22178264
UPDATED: 75 min ago
$2,100,000
  • 6
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Multifamily Investment Opportunity. The West Avenue 26 apartments: a nine (9) unit multifamily investment opportunity located in Lincoln Heights. The building is built in 1962 with 5,597 SF of living area and (9) on site parking spaces. The property features (5) one bedroom one bathroom and (4) two bedroom, 1 bathroom. Tenants enjoy the ease and comfort of being walking Distance to Nearby Parks, Schools, Shops and Restaurants off Pasadena Ave and N Broadway. The Property neighbors Boyle Heights and Highland Park, and allows easy access to Downtown Los Angeles, Dodger Stadium and USC. The property is also near the 5, 110, 101 and 10 Freeways. Upside potential in rents. "Soft Story Retrofitting" has been completed. Multifamily Investment Opportunity. The West Avenue 26 apartments: a nine (9) unit multifamily investment opportunity located in Lincoln Heights. The building is built in 1962 with 5,597 SF of living area and (9) on site parking spaces. The property features (5) one bedroom one bathroom and (4) two bedroom, 1 bathroom. Tenants enjoy the ease and comfort of being walking Distance to Nearby Parks, Schools, Shops and Restaurants off Pasadena Ave and N Broadway. The Property neighbors Boyle Heights and Highland Park, and allows easy access to Downtown Los Angeles, Dodger Stadium and USC. The property is also near the 5, 110, 101 and 10 Freeways. Upside potential in rents. "Soft Story Retrofitting" has been completed.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.sandiegoareahomesforsale.co/homes/132104132
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144 W Avenue 26 East Los Angeles, CA 90031

  • Price: $2,100,000
  • Status: ACTIVE
  • On Site: 224 Days
  • Updated: 75 min ago
  • ID#: AR22178264
6
Beds
0
Baths
0
½ Baths
0.17
Acres
Neighborhood:
Los Angeles (90031)
County:
Los Angeles
Area:
Los Angeles (90031)
Property Description
Multifamily Investment Opportunity. The West Avenue 26 apartments: a nine (9) unit multifamily investment opportunity located in Lincoln Heights. The building is built in 1962 with 5,597 SF of living area and (9) on site parking spaces. The property features (5) one bedroom one bathroom and (4) two bedroom, 1 bathroom. Tenants enjoy the ease and comfort of being walking Distance to Nearby Parks, Schools, Shops and Restaurants off Pasadena Ave and N Broadway. The Property neighbors Boyle Heights and Highland Park, and allows easy access to Downtown Los Angeles, Dodger Stadium and USC. The property is also near the 5, 110, 101 and 10 Freeways. Upside potential in rents. "Soft Story Retrofitting" has been completed. Multifamily Investment Opportunity. The West Avenue 26 apartments: a nine (9) unit multifamily investment opportunity located in Lincoln Heights. The building is built in 1962 with 5,597 SF of living area and (9) on site parking spaces. The property features (5) one bedroom one bathroom and (4) two bedroom, 1 bathroom. Tenants enjoy the ease and comfort of being walking Distance to Nearby Parks, Schools, Shops and Restaurants off Pasadena Ave and N Broadway. The Property neighbors Boyle Heights and Highland Park, and allows easy access to Downtown Los Angeles, Dodger Stadium and USC. The property is also near the 5, 110, 101 and 10 Freeways. Upside potential in rents. "Soft Story Retrofitting" has been completed.
Exterior Features

Parking Garage Desc Unit1 Assigned Pool N/K Site Sidewalks Spa N/K

Interior Features

Cooling Wall/Window Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1

Property Features

Actual Cap Rate 2.67 Annual Expense Actual 51828 Buildings 1 Cfd Mello Roos Fee 1277.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 19.44 Gross Scheduled Income Actual 105588 Home Owners Fees 0.0 Monthly Total Fees 106 Possession Close Of Escrow Security Security Bars Tenant Pays TrashElectricityGas/Propane Terms CashExchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 1064.0 Unit2 Rent Actual 800.0 Unit3 Rent Actual 813.0 Unit4 Rent Actual 1241.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Coldwell Banker George Realty: [IDXCONTACTINFORMATION]. Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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Steven G. Fraioli & Associates
13176 Midbluff Ave
San Diego CA, 92128