CalBRE # 02020813

$2,580,000

972 N EL CENTRO Avenue Los Angeles, CA 90038

Beds: 0
Baths: 0.00
Sq Ft: 0
Type: Residential Income
MLS#: 18332432
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Estimated Monthly Payment

$5,051
Interest Rate %
Down Payment
5 year
15 year
30 year

972 North El Centro Avenue is a twelve-unit apartment building located in the heart of Los Angeles' Hollywood neighborhood. As one of Los Angeles' densely populated neighborhoods, this submarket's popularity has grown significantly over the recent years. The charming 1924 building consists of twelve (12) large one-bedroom/one-bathroom units, approximately 700 square feet, and is conveniently separately metered for gas and electric. Along with dual entrances and individual water heaters in each unit, the corner-lot property has been well-maintained throughout and with two units being delivered vacant, new ownership will have the opportunity to renovate and achieve additional rental premiums immediately. The property offers two (2) on-site parking spaces (buyer to verify if parking spaces are permitted.) This is a true value-add opportunity for an investor to acquire with significant rental upside in one of the nation's most desirable and thriving neighborhoods., Directions Beginning south, exit the Hollywood 101 Freeway, make a left turn on Santa Monica Blvd. Then, make a left on North El Centro Boulevard. 972 N El Centro Boulevard will be on your left-hand side. The property is centered between Romaine St. and Barton Ave.

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DescriptionInterior & Exterior Features

Interior Features Include:

No Information Available.

Exterior Features Include:

Acreage: 0.1500 Acres

Lot:
Square Feet 6488

Garage/Parking:
Parking Uncovered

Other Features Include:

No Information Available.

This Listing is Presented By
CLW-C104547

Realty One Group Success

Realty ONE Group Success

Cell: (661) 481-2118

Work: (661) 284-7615

Fax: (661) 554-7261

Email: info@rogsuccess.com

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