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    927 Camulos St

    Los Angeles, CA 90023
    • $1,250,000
    • STATUS: Active
    • ON SITE: 31 days
    • ID#: 20-622074
    $1,250,000
    • 6
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,478
      SQFT
    • $504
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1913
    County:

    School Ratings & Info

    Description

    This listing is a 4-unit fully rented (4.7 cap rate) multifamily property situated in the gentrifying Boyle Heights neighborhood of Los Angeles. The subject property has been newly renovated and consists of a large three (3) bedroom house in the front and three (3) one-bedroom (1 Bd/1 Bath) units in the back. Three of the four units were newly renovated in 2020 and have new tenants who have signed leases during Summer 2020 who are paying market rent. This exceptional investment property with upside has new electrical wiring inside the walls of all 4 units, new subpanels in each unit, and separate meters with 220 in the front house. Tenants pay for electricity, gas and trash. There are new drain lines and copper plumbing for all units and the front house. Located minutes from Downtown LA, the trendy Arts District, USC Medical Center, White Memorial Hospital, Cal State LA and popular retailers and restaurants with easy access to freeways and walking distance to public transportation.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-24T23:42:40.983. 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/109334384
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    927 Camulos St Los Angeles, CA 90023

    • Price: $1,250,000
    • Status: Active
    • ID#: 20-622074
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    2,478
    SQFT
    $504
    $/SQFT
    1913
    Built
    Neighborhood:
    Boyle Heights
    County:
    Los Angeles
    Area:
    Boyle Heights
    Property Description
    This listing is a 4-unit fully rented (4.7 cap rate) multifamily property situated in the gentrifying Boyle Heights neighborhood of Los Angeles. The subject property has been newly renovated and consists of a large three (3) bedroom house in the front and three (3) one-bedroom (1 Bd/1 Bath) units in the back. Three of the four units were newly renovated in 2020 and have new tenants who have signed leases during Summer 2020 who are paying market rent. This exceptional investment property with upside has new electrical wiring inside the walls of all 4 units, new subpanels in each unit, and separate meters with 220 in the front house. Tenants pay for electricity, gas and trash. There are new drain lines and copper plumbing for all units and the front house. Located minutes from Downtown LA, the trendy Arts District, USC Medical Center, White Memorial Hospital, Cal State LA and popular retailers and restaurants with easy access to freeways and walking distance to public transportation.
    Exterior Features

    Covered Parking 0 Lot Size Area 5592 Other Structures None Parking Garage DrivewayCommunity Garage Paved YN No Pool Description None Pool YN No Roof Composition Spa None Spa YN No Tennis Court None Tennis YN No Total Parking 0

    Interior Features

    Baths Total 5.00 Common Walls Attached Cooling None Equipment None Heating None Laundry Other

    Property Features

    Amenities None Assessed Total Value 384809 Gross Income 82800 Gross Operating Income 80316 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 59042.00 Number Of Buildings 2 Number Of Units 4 Owner Pays Water Property Condition Updated/Remodeled Rent Control YN No Sale Type Standard Source Living Area Assessor Source Lot Size Area Appraiser Tenant Pays ElectricityGasTrash Collection Total Annual Expense 21274 Type Of Units 4 Year Built Source Assessor Zoning Lar2

    Listing provided courtesy of Elizabeth Clark DRE#01811246 of Compass.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-24T23:42:40.983. 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