Property Listing No Longer Available for Sale

1421 Alvarado Terrace, Los Angeles, CA

Multi-family for Sale - $1,149,000 - 3,977 Sq. Ft. on 7506 acres


Property Info

CIMLS#810501
Location
  1421 Alvarado Terrace
  Los Angeles CA 90006
UpdatedFebruary 17th, 2016
TypeMulti-family
Price$1,149,000
Building3,977 Sq. Ft.
Land7506 acres

Property Description

Pride of ownership..Five units Victorian Style Building Completely remodeled in 2008 from top to bottom. Property features five units . Three units area one bedroom one bath, One unit is a two bedrooms one bath and another unit is a two bedrooms two baths, each with combination of tile and laminated floors throughout. Property also features large attic and basement...Every unit has its own electric and Gas Meter. Al copper plumbing and new Electrical system with integrated fire sprinklers throughout the building on a separate water meter. Foundation has been retrofit, Electrical gate with parking for up to six cars , ....This property is perfect for Investors or owner users....A Must See...Centrally located within minutes to L.A Live, Downtown LA ...Conveniently located near Public transportation , restaurants and 110 and 10 fwys.

Drive by only...Standard Sale.

Location Description:

Minutes to Downtown LA , LA Live and USC

Highlights:

>> Completely remodeled from top to bottom in 2008

>> Separate electric and gas meters

* Email for additional photos


Financials

Sales Info:

>> Cap rate: 5.5%

>> Commision split: 2.5%

>> NOI: $71760


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