1116 -1120 E 69th Street Los Angeles, CA ^$ 1,095,000

1116 -1120 E 69th Street

^$ 1,095,000

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1116 -1120 E 69th Street

Los Angeles, CA, 90001

^$ 1,095,000

Studio Baths0.0 Sq 4,663

Monthly Estimate*

^$ 7,278

Listed by Keller Williams Beverly Hills

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Studio

Commercial Property for sale in Los Angeles, CA

for $1,095,000. This 4,663 square foot building was built in 1925 on a lot size of 0.2454.

Exceptional value-add multifamily property with very attractive upside potential. Less than $100k per door. All 11 units are presently in excellent condition, each equipped with its own heating unit. The units boast either tile or laminate flooring. Every occupied unit comes furnished with stoves, refrigerators, and kitchen cabinets, except for the unoccupied units which do not have appliances. Each unit contains ample built-in closets, and certain units even have two separate entrances. The property features a gated entrance leading to a parking area with 8 designated spots for resident parking. Don't miss this opportunity. This will go fast!!!

Commercial Active

Price

^$ 1,095,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.2454

Year Built

1925

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24390901

Days on Market

Features

General

Heating WallFurnace

Zoning LCR3*

HOA 0.0

Security Features GatedCommunity

Year Built 1925

Electric Standard

Community Features Gated

County Los Angeles

Net Operating Income 41010.0

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions E S Central Ave. N of Florence Ave. and S of E Gage

City Los Angeles

View Y/N N

Senior Community Y/N N

Total Units 3

MLS Area C42 - Downtown L.A.

Lot Size Square Feet 10689.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 69th

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 9

Standard Status Active

Cap Rate 3.75

Exterior

Total Parking 8.0

Lot Size Area 10689.0

Number of Buildings 3

Spa N

Building Area Total 4663.0

Lot Size Acres 0.2454

Lot Size Units SquareFeet

Lot Size Source Other

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Street Suffix Street

Entry Level 1

Electric On Property Y/N N

Total Baths 0

Internal Only

Street Number 1 1116

* Excluded Features

List By

Keller Williams Beverly Hills

Broker

(323) 578-8423

Phone

Affordability Calculator

$7,278

Per Month

Monthly Principal & Interest: $7,278
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Los Angeles, CA

Average List Price ^$2,256,956

Percent of Sale Price 106%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/12/2024	$1,095,000		Listed Price

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1116 -1120 E 69th Street, Los Angeles, CA, 90001 is a Commercial Property for sale at $1,095,000 with 4,663 sqft and a lot size of 0.2454. 1116 -1120 E 69th Street is a studio with 0.0 baths and was built in 1925. The property's zip code is 90001 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/28/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1116 -1120 E 69th Street

Commercial Property for sale in Los Angeles, CA

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