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    1232 S Indiana Street

    East Los Angeles, CA 90023
    • $699,000
    • STATUS: Active
    • ON SITE: 125 days
    • ID#: AR21108519
    UPDATED: 46 min ago
    $699,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1929
    County:

    School Ratings & Info

    Description

    **MAKE YOUR BEST OFFER | ALL OFFERS CONSIDERED** This HIGHLY sought after 3 unit multi-family opportunity in East LA (LA County, not City) is now accepting offers. Seller has opened the door because Seller is consolidating their portfolio closer to where Seller resides, thus allowing more efficient management. This opportunity consists of 3 units, (one) 2bd/1ba unit and (two) 1bd/1ba units. The front building is 2 stories with the (two) 1bd/ba units and the rear single story structure is the 2bd/1ba unit. There are 2 parking spaces for each unit and room to create storage space, all of which can add additional income that is not rent control applicable. Property is located conveniently for easy access to the 5fwy and only 10 minutes to DTLA. Property is very close to Olympic Blvd for easy access to life necessities, nearby industrial centers and rail yards, thus making this location a prime spot for employment and economic activity. Overall, you can expect long term stability with many strong factors in place for peace of mind.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-23T22:28:53.46. 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 deemed reliable but is not guaranteed accurate by the MLS or CENTURY 21 Jordan-Link & Co.. Licensed in the State of California, USA.
    www.century21jordanlink.com/homes/117433561
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    1232 S Indiana Street East Los Angeles, CA 90023

    • Price: $699,000
    • Status: Active
    • Updated: 46 min ago
    • ID#: AR21108519
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    1929
    Built
    Neighborhood:
    ELA - East Los Angeles
    County:
    Los Angeles
    Area:
    ELA - East Los Angeles
    Property Description
    **MAKE YOUR BEST OFFER | ALL OFFERS CONSIDERED** This HIGHLY sought after 3 unit multi-family opportunity in East LA (LA County, not City) is now accepting offers. Seller has opened the door because Seller is consolidating their portfolio closer to where Seller resides, thus allowing more efficient management. This opportunity consists of 3 units, (one) 2bd/1ba unit and (two) 1bd/1ba units. The front building is 2 stories with the (two) 1bd/ba units and the rear single story structure is the 2bd/1ba unit. There are 2 parking spaces for each unit and room to create storage space, all of which can add additional income that is not rent control applicable. Property is located conveniently for easy access to the 5fwy and only 10 minutes to DTLA. Property is very close to Olympic Blvd for easy access to life necessities, nearby industrial centers and rail yards, thus making this location a prime spot for employment and economic activity. Overall, you can expect long term stability with many strong factors in place for peace of mind.
    Exterior Features

    Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 3 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 1 Common Wall

    Property Features

    Additional Parcels YN No Common Interest None Community Features Suburban Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 36360 Gross Scheduled Income 36360 Insurance Expense 1300 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Conventional Net Operating Income 24090 New Construction YN No New Taxes Expense 0 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 12270 Rent Control YN Yes Senior Community YN No Sewer Unknown Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 1800 Water Source Other Zoning R3

    Listing provided courtesy of James Kuang of Standard Prosperity


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-23T22:28:53.46. 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 deemed reliable but is not guaranteed accurate by the MLS or CENTURY 21 Jordan-Link & Co.. Licensed in the State of California, USA.
     
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    Visalia CA, 93277