Skip To Content

4316 Winchester Avenue

Los Angeles (City), CA 90032
  • $1,680,000
  • STATUS: Active
  • ON SITE: 58 Days
  • ID#: RS21220271
UPDATED: 44 min ago
$1,680,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1991
County:

School Ratings & Info

Listing Agent: David Lu of Elim Realty Inc


Description

Wonderful Income Property!! Great opportunity for investors looking for a long-term hold in a great, up, and coming area only minutes to Downtown L.A.. Adjacent to Alhambra and South Pasadena. There are 6 units in this apartment building. This property features 4 spacious two bedrooms with 2 full bathrooms, and 2 one bedrooms with 1 full bathroom. This complex also includes laundry facilities, security gate and 12 parking spaces. sold as is!!The current rent is only $1.46 per Sqft. Based on our research, the $1.46 per Sqft rent is much lower than the average rent per Sqft. The average rent per Sqft should be $2.65. Therefore, the new owner has a good change to increase a lot of rent.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-04T19:26:10.067. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Cane Real Estate | Keller Williams La Jolla. Licensed in the State of California, USA.
www.canerealestate.com/homes/122158781
Print Image

4316 Winchester Avenue Los Angeles (City), CA 90032

  • Price: $1,680,000
  • Status: Active
  • On Site: 58 Days
  • Updated: 44 min ago
  • ID#: RS21220271
0
Beds
0
Baths
0
½ Baths
0.08
Acres
1991
Built
Neighborhood:
699 - Not Defined
County:
Los Angeles
Area:
699 - Not Defined
Property Description
Wonderful Income Property!! Great opportunity for investors looking for a long-term hold in a great, up, and coming area only minutes to Downtown L.A.. Adjacent to Alhambra and South Pasadena. There are 6 units in this apartment building. This property features 4 spacious two bedrooms with 2 full bathrooms, and 2 one bedrooms with 1 full bathroom. This complex also includes laundry facilities, security gate and 12 parking spaces. sold as is!!The current rent is only $1.46 per Sqft. Based on our research, the $1.46 per Sqft rent is much lower than the average rent per Sqft. The average rent per Sqft should be $2.65. Therefore, the new owner has a good change to increase a lot of rent.
Exterior Features

Lot Features 6-10 Units/Acre Parking Total 12 Sign On Property YN No

Property Features

Additional Parcels YN No Common Interest Community Apartment Current Financing None Gross Scheduled Income 80400 Insurance Expense 2278 Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Maintenance Expense 1325 Net Operating Income 58208 Number Of Units Leased 6 Operating Expense 22972 Other Expense 260 Property Sub Type Multi Family Special Listing Conditions Standard Tax Year 2020 Trash Expense 2750 Water Sewer Expense 7787 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-04T19:26:10.067. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Cane Real Estate | Keller Williams La Jolla. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367380971-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367380971-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367380971-1.jpg
Logo
Cane Real Estate | Keller Williams La Jolla
7817 Ivanhoe Avenue #101
La Jolla CA, 92037
Listing Agent: David Lu of Elim Realty Inc