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    720 Milwaukee Ave

    Los Angeles, CA 90042
    • $2,065,000
    • STATUS: Active
    • ON SITE: 42 days
    • ID#: 20-614692
    UPDATED: 82 min ago
    $2,065,000
    • 10
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,240
      SQFT
    • $487
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1922
    County:

    School Ratings & Info

    Description

    720 Milwaukee Avenue is a 5-Unit apartment community located in Highland Park. It consists of five apartments units within two separate structures on a 5,604 SF lot. The stand-alone house is two bedrooms and one bathroom and quintessential L.A. bungalow-style and has been updated throughout. Each of the four townhomes consists of two bedrooms and one and a half bathrooms. They are two-story townhome-style units with the living room, kitchen and half bathroom on the first level and the two bedrooms and full bathroom on the second level. Three of the five units have been renovated and the property demonstrates a proven concept that a meaningful renovation will achieve exceptional market rent. Updates include new attractive flooring, new bathrooms and kitchens with stylish marble, cabinetry and tiling and new appliances, and washer and dryer hook-ups.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-18T14:42:59.077. 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.lydiagable.com/homes/108622868
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    720 Milwaukee Ave Los Angeles, CA 90042

    • Price: $2,065,000
    • Status: Active
    • Updated: 82 min ago
    • ID#: 20-614692
    10
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    4,240
    SQFT
    $487
    $/SQFT
    1922
    Built
    Neighborhood:
    Highland Park
    County:
    Los Angeles
    Area:
    Highland Park
    Property Description
    720 Milwaukee Avenue is a 5-Unit apartment community located in Highland Park. It consists of five apartments units within two separate structures on a 5,604 SF lot. The stand-alone house is two bedrooms and one bathroom and quintessential L.A. bungalow-style and has been updated throughout. Each of the four townhomes consists of two bedrooms and one and a half bathrooms. They are two-story townhome-style units with the living room, kitchen and half bathroom on the first level and the two bedrooms and full bathroom on the second level. Three of the five units have been renovated and the property demonstrates a proven concept that a meaningful renovation will achieve exceptional market rent. Updates include new attractive flooring, new bathrooms and kitchens with stylish marble, cabinetry and tiling and new appliances, and washer and dryer hook-ups.
    Exterior Features

    Lot Size Area 5605 Other Structures None Parking Garage AssignedParking Space Total Parking 4

    Interior Features

    Baths Total 9.00 Cooling Air ConditioningMulti/ZoneWall Unit(S)Wall/Window Equipment Other Heating WallWall Gas

    Property Features

    Assessed Total Value 211164 Gross Income 151016 Gross Operating Income 149506 Like Units1 1 Like Units2 4 Net Operating Income 110154.00 Number Of Buildings 2 Number Of Units 5 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 39352 Type Of Units Apartments Year Built Source Assessor Zoning Lard2

    Listing provided courtesy of Rich Johns DRE#01432215 of Kw Commercial Studio City.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-18T14:42:59.077. 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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    Lydia Gable Realty Group | Compass
    2945 Townsgate Road Suite 300
    Westlake Villiage CA, 91377