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- LoopNet Team
1106 N Stone St
Los Angeles, CA 90063
Multifamily Property For Sale
·
8 Units
PROPERTY FACTS
| No. Units | 8 | Lot Size | 0.11 AC |
| Property Type | Multifamily | Building Size | 6,650 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1928 |
| Building Class | C | Parking Ratio | 0.3/1,000 SF |
| Zoning | R2, Los Angeles | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 6,650 SF |
| No. Stories | 2 |
| Year Built | 1928 |
| Parking Ratio | 0.3/1,000 SF |
| Zoning | R2, Los Angeles |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
ABOUT 1106 N STONE ST , LOS ANGELES, CA 90063
How would you like to have a multi-family property that: a) cash flows very nicely, b) is fully and beautifully renovated so you don't spend a penny for sometime to come and c) has great upside, all in the same package? Well, here it is! This is 8 units in Boyle Hts with 6 current market tenants and two long term low rent tenants. Whenever those two tenants vacate you can add an additional $2K/mo! According to our calculations you should be able to net about $4500/mo or $54,000 annually right now, while putting down about $525K. And all this in a hugely up and coming neighborhood. Showing with accepted offer only. There is a mechanic's lien on the property which should be gone by mid-March, 2017. see google maps
PROPERTY TAXES
| Parcel Number | 5229-006-014 | Improvements Assessment | $1,473,601 |
| Land Assessment | $568,913 | Total Assessment | $2,042,514 |
PROPERTY TAXES
