Property Listing No Longer Available for Sale

1421 Alvarado Terrace, Los Angeles, CA

Multi-family for Sale - $1,089,000 - 3,977 Sq. Ft. on 7506 acres


Property Info

CIMLS#875235
Location
  1421 Alvarado Terrace
  Los Angeles CA 90006
UpdatedSeptember 27th, 2016
TypeMulti-family
Price$1,089,000
Building3,977 Sq. Ft.
Land7506 acres

Property Description

Beautiful Well maintain Five Units Victorian Style Building Near Downtown LA Completely remodeled / upgraded in 2008. Property features three units one bedroom one bath, One unit two bedrooms one bath and unit five with two bedrooms two baths, each unit with combination of tile and laminated floors...Rare LARGE attic and basement for extra storage...Each unit has its own electric and Gas Meters, fire sprinklers throughout the building, Copper Plumbing, all new electrical system, foundation retrofitted. Parking area features an Electrical gate with parking for up to six cars , ....This is the perfect investment or owner user property...A Must See.. . Close to downtown LA, LA LIVE, Public transportation , restaurants and 110 and 10 fwys. Please Do Not Go Direct


Financials

Sales Info:

>> Cap rate: 5.2%

>> Commision split: 2.5%

>> NOI: $70858


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