4024 Nicolet Avenue Los Angeles, CA ^$ 4,900,000

4024 Nicolet Avenue

^$ 4,900,000

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4024 Nicolet Avenue

Los Angeles, CA, 90008

^$ 4,900,000

Studio Baths0.0

Monthly Estimate*

^$ 34,228

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Studio

Commercial Property for sale in Los Angeles, CA

for $4,900,000. This building was built in 1958.

We are pleased to present this Excellent Los Angeles Location, Great Unit Mix - 13 - 1 Bedroom + 1 Bathroom, 7 - 2 Bedroom + 2 Bathroom Units with 20%+ Rental Upside! 12.15 X GRM, 4.90% CAP at current rents! Soft-Story Retrofit Completed in 2018! Gated Entry with Gated On-Site Parking! Zoned LAR3 on large lot! Spacious Units!

Commercial Active

Price

^$ 4,900,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Year Built

1958

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0023328322

Features

General

Heating Wall Furnace

Zoning LAR3

Security Features Gated Community

Year Built 1958

County Los Angeles

Net Operating Income 240305.0

Property Type F

Status Active

City Los Angeles

MLS Area PHHT - Park Hills Heights

Lot Size Square Feet 0.0

Street Name Nicolet

Standard Status Active

Exterior

Lot Size Area 15633.0

Lot Size Acres 0.0

Land Lease Type Fee

Interior

Total Stories 2

Heating Y/N Yes

Street Suffix Avenue

Laundry Features Community Laundry Equipment Own Lease

Total Baths 0

* Excluded Features

List By

Michael Pesci

Listing Agent

Keller Williams Studio City

Broker

Affordability Calculator

$34,228

Per Month

Monthly Principal & Interest: $34,228
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% 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 ^$2,235,838

Percent of Sale Price 54%

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.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/3/2023	$4,900,000		Listed Price

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4024 Nicolet Avenue, Los Angeles, CA, 90008 is a Commercial Property for sale at $4,900,000. 4024 Nicolet Avenue is a studio with 0.0 baths and was built in 1958. The property's zip code is 90008 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% 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 Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 2/20/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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4024 Nicolet Avenue

Commercial Property for sale in Los Angeles, CA

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