7113 7107 La Tijera Boulevard

Los Angeles, CA 90045

PRICE REDUCED

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-$300,000 (-5.66%)

$5,000,000

List Price

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1952

calendar_month Built

Property Description

Offered for Sale: Two Multifamily Apartment Buildings: Westchester Neighborhood Prime Development Opportunity 'TWO PARCELS' side by side. The two properties are being sold as ‘One Purchase’ under this Listing Agreement. The ‘Data Analysis’ for the two properties have been combined under one total, as it applies to each of the ‘Data’ categories. Total Units: 18: Building Size 13,259 SF: Lot Size: 24,308 SF Total Gross Income: $ 282,852 yrly. --- Total Gross Income $23,571 monthly --- Total Operating Expenses: $ 53,744 yrly---- Net Income: $ 229,108 yrly Apartment Building: Lead Address: 7113 La Tijera Blvd Los Angeles CA 90045: APN 4103-008-026 14 Units: Building: 10,495 SF Lot: 16,206 SF Apartment Building: Lead Address: 7107 La Tijera Blvd Los Angeles CA 90045: APN 4103-008-025 4 Unit: Building: 2,764 SF Lot: 8,102 SF Property is subject to the City of Los Angeles Rent Control Ordinance. Laundry facilities on-site: Great opportunity to develop the two properties to their full potential. Will cooperate with 1031 exchange

Listing Information

List Price $5,000,000
Status Active
MLS SR23226927
HOA $0
Type Residential Income
Subtype Apartment
Year Built 1952
Lot Size 24,308
Structure Size N/A
DOM 242
Courtesy Of United Property Network
Listing Agent Steven Salke DRE#01307437

Interior Features

Laundry Information
Location(s) Outside
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Fireplace Information
Features See Remarks

Exterior Information

Maps

Listing information courtesy of: Steven Salke, United Property Network . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 13th, 2024 at 7:45 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.