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    217 E Adams Boulevard

    Los Angeles (City), CA 90011
    • $925,000
    • STATUS: Active
    • ON SITE: 361 days
    • ID#: DW20205221
    UPDATED: 177 min ago
    $925,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,692
      SQFT
    • $251
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1903
    County:

    School Ratings & Info

    Description

    ***HUGE PRICE REDUCTION*** USC IS ONLY 7 MINUTES AWAY!!! Take advantage of this great opportunity of owning an investment in the booming downtown Los Angeles area. In addition to being within walking distance of the Metro Line Station, these units have very easy access to the 110 and 10 Freeway. All units have been fully leased out with long term tenants. The owner has replaced all plumbing, drains, sewer, and water lines and each unit now has its own water, electrical, and gas meter. Very low maintenance is needed to own this wonderful investment. These 4 units are conveniently located near the LA Memorial Coliseum, Staples Center, LA FC Stadium, LA Convention Center, Exposition Park, LAX, Fashion District, California Science Center, the Natural History Museum and so much more! ***Very low expenses, Tenants pay for it's own Water, electric, gas, trash and sewer bill***

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-27T00:25:16.58. 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/110559896
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    217 E Adams Boulevard Los Angeles (City), CA 90011

    • Price: $925,000
    • Status: Active
    • Updated: 177 min ago
    • ID#: DW20205221
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    3,692
    SQFT
    $251
    $/SQFT
    1903
    Built
    Neighborhood:
    C23 - Metropolitan
    County:
    Los Angeles
    Area:
    C23 - Metropolitan
    Property Description
    ***HUGE PRICE REDUCTION*** USC IS ONLY 7 MINUTES AWAY!!! Take advantage of this great opportunity of owning an investment in the booming downtown Los Angeles area. In addition to being within walking distance of the Metro Line Station, these units have very easy access to the 110 and 10 Freeway. All units have been fully leased out with long term tenants. The owner has replaced all plumbing, drains, sewer, and water lines and each unit now has its own water, electrical, and gas meter. Very low maintenance is needed to own this wonderful investment. These 4 units are conveniently located near the LA Memorial Coliseum, Staples Center, LA FC Stadium, LA Convention Center, Exposition Park, LAX, Fashion District, California Science Center, the Natural History Museum and so much more! ***Very low expenses, Tenants pay for it's own Water, electric, gas, trash and sewer bill***
    Exterior Features

    Lot Features Back YardFront Yard Number Of Separate Electric Meters 4 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 2+ Common Walls

    Property Features

    Additional Parcels YN No Common Interest None Community Features CurbsStreet LightsSidewalks Contingency None Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 37244 Gross Scheduled Income 45144 Insurance Expense 2000 Land Lease YN No Laundry Features Inside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional Maintenance Expense 400 Net Operating Income 37244 New Construction YN No New Taxes Expense 5500 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Operating Expense 7900 Rent Control YN Yes Senior Community YN No Sewer Unknown Special Listing Conditions Standard Tenant Pays All UtilitiesElectricityGasSewerTrash CollectionWater Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning Lard1.5

    Listing provided courtesy of Ariadna Cardenas of Allstars Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-27T00:25:16.58. 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