I went. I bought. I tried. I talked. Here's what I found.
I believe where we spend our money matters. Supporting locally owned businesses means supporting our neighbors, our communities, and the people willing to take a chance on building something of their own. The Butcher Buys Local is my way of discovering them, supporting them, and sharing what I find with you.
18 UNITS IN A GOOD LOCATION, CLOSE TO FREEWAYS. 7-8 OF THE UNITS HAVE BEEN REDONE. Rents range from $700 to $1600 per month.
NEW ROOF, ELECTRIC PANELS IN UNITS. BUILDING IN GOOD SHAPE, NICE INCOME FLOW.
Property Sub Type:
Apartment
Property Attached:
Yes
Lot Area:
10,379 sq. ft.964 m2
Bathrooms:
-
(Full:-, Half:-)
Year built:
1957
(Age: 69)
General Listing Location:
Harbor City, 124 - Harbor City
County Or Parish:
Los Angeles
Common Interest:
None
Gross Income:
$236,927
Gross Scheduled Income:
$236,724
Net Operating Income:
$207,927
Rent Control:
Yes
Land Lease:
No
Electric Expense:
$600
Fuel Expense:
$700
Insurance Expense:
$500
Operating Expense:
$28,800
Professional Management Expense:
$0
Trash Expense:
$700
Water and Sewer Expense:
$400
Tax Lot:
28
Tax Block:
29,3
3 blocks north of pch
Features Excluded:
SOME APPLIANCES INCLUDED, OWNER NOT SURE HOW MANY.