Beautiful 5 unit townhome built in 1991 and not subject to Los Angeles City Rent Control (buyer to verify). Each unit is 2 bedroom and 1.5 bath and over 1,360sf. Each unit is townhouse style with 2 car private garage on bottom level with direct access to the house. Each unit comes with washer / dryer hookups in the garage. First floor has large living room, eat in kitchen, and half bath. Second floor has two large bedrooms with ample windows and closets and full bathroom. Unit #5 completely gutted and renovated in 2023 and rented at $2895. Unit #3 will be delivered completely renovated. Proforma cap 5.67. Owner may carry with 30% down at 5% interest only for 3 years. End units #1 and #5 have balconies. New roof installed in 2022. Quiet residential street. Easy access to Freeway. Very low expenses with tenants paying for own gas, electric, trash. Landlord pays only water.
Property Sub Type:
Townhouse
Property Attached:
Yes
Lot Area:
7,511 sq. ft.697.795 m2
Bathrooms:
-
(Full:-, Half:-)
Year built:
1991
(Age: 33)
General Listing Location:
Harbor City, 124 - Harbor City
County Or Parish:
Los Angeles
Tenant Pays:
Cable TV, Electricity, Gas, Trash Collection, Telephone, Water
Common Interest:
None
Gross Income:
$149,600
Gross Scheduled Income:
$149,600
Net Operating Income:
$111,218
Rent Control:
No
Association Fee:
$0
Land Lease:
No
Cable TV Expense:
$0
Electric Expense:
$0
Fuel Expense:
$0
Furniture Replacement Expense:
$0
Gardener expense:
0.0
Insurance Expense:
$2,742
Licenses expense:
340.0
Maintenance Expense:
$1,000
Taxes expense:
30000.0
Operating Expense:
$38,082
Pest control expense:
$0
Pool expense:
$0
Professional Management Expense:
$0
Supplies Expense:
$500
Trash Expense:
$0
Water and Sewer Expense:
$3,500
Workmans Compensation Expense:
$0
Tax Lot:
2
Tax Block:
73
Off PCH between Senator Ave and Belle Porte Ave
Floor
Type
Size
Other
-
Bedroom
00 × 00
All Bedrooms Up
Appliances:
Dishwasher, Electric Water Heater, Free-Standing Range, Gas Range, Gas Water Heater, Range Hood
Number of Buildings:
1
# of Electric Meters:
5
# of Gas Meters:
5
# of Water Meters:
1
# Units Leased:
4
Community Features:
Street Lights, Sidewalks
Senior Community:
No
Interior Features:
Balcony, Ceiling Fan(s), Quartz Counters, All Bedrooms Up
Laundry Features:
Washer Hookup, Gas Dryer Hookup, In Garage
Door Features:
Mirrored Closet Door(s)
Window Features:
Blinds
Pool Features:
None
Private Pool:
No
Spa Features:
None
Lot Features:
Level, Near Public Transit, Rectangular Lot
Fireplace Features:
None
Levels:
One, Two
Num Stories:
2
Entry Level:
1
Entry Location:
front
Construction Materials:
Copper Plumbing
New Constr.:
No
Flooring:
Carpet, Tile, Vinyl
Common Walls:
2+ Common Walls, No One Above, No One Below
# Units:
5
Heating:
Wall Furnace
Fireplace:
No
Cooling:
Wall/Window Unit(s)
Utilities:
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Water supply:
Public
Sewer:
Public Sewer
Spa:
No
Road Frontage Type:
City Street
Road Surface Type:
Paved
Garage Spaces:
10
Carport Spaces:
2
Total Parking Spaces:
12
Parking Features:
Direct Access, Garage
Special Listing Conditions:
Standard
Parcel Number:
7410009032
Zoning:
LAR3
Front of building
5 large townhouse units
Each townhouse has two car attached garage
Walkway on first level
Very large living room
Living room, kitchen, half bath, garage access on 1st floor
Large kitchen with area for dining table
Patio doors to balcony
Newly renovated unit
Photo 10 of 14
Large master bedroom with balcony, mirrored closet and another closet