34.0488471984863 -118.433692932129

1907 Malcolm Avenue #3 Los Angeles, CA 90025

248229720 34.0488471984863 -118.433692932129 124 /listing/248229720-150132049/1907-malcolm-avenue-no-3-los-angeles-ca-90025 False 0 2500000.0000 101 SB19180285 False
  • $2,500,000
  • 6,754 lot
  • Est payment $13420.54/mo

Property & Neighborhood Info

Courtesy Of Edward Kaminsky, Strand Hill Christies International Real Estate

Commercial in Los Angeles

Great investment opportunity in West L.A.! This centrally located 5 unit complex is enjoys easy access to the 10 & 405 freeways, Santa Monica Blvd, Overland Ave, and Bundy Drive. This prime residential location is close to UCLA, Century City and the rest of Los Angeles making this a prime income property as it is easy to keep rented. Tenants will enjoy to the nearby restaurants, theaters, bars, boutiques and entertainment galore. The 5 units contain a mix of (1) 1 bed / 1 bath , (2) 3 bed /2 bath and (2) 2 bed / 2 bath. 3 units offer private balconies, 1 unit with a patio and 1 unit with a yard area. Parking is never a concern, 10 total parking spaces (a tandem set per unit) and ample street parking with very few restrictions ensure parking available. This property has been owned and occupied by the current owner for over 40 years, it is very well maintained yet has tremendous value add potential through upgrading and modernizing the units. Check with the City for development opportunities as well. One unit is owner occupied and upon vacancy of that unit you can bring the rent up to market rents.Proforma rents listed are based on current market rents of area, gross rents are assuming the building is performing at the Proforma rents. Proforma rents are not guaranteed.

Courtesy Of Edward Kaminsky, Strand Hill Christies International Real Estate
  1. 6,754 Lot

Main Features

  • Listing Status: Off Market
  • Year Built: 1964
  • County: Los Angeles County
  • Taxes: $29,901.00
  • Units: 5
  • Zoning: LAR3
  • MLS Number:SB19180285

Additional Features

  • Building Description:
    • Existing
  • Land Size Source:
    • Assessor
  • Laundry:
    • Common Area
    • Community
    • Individual Room
  • Lot Features:
    • 2-5 Units/Acre
    • Rectangular Lot
    • Yard
  • Lot SF Source:
    • Public Records
  • Property Subtype:
    • Multi Family
  • Special Conditions:
    • Standard
  • Water Source:
    • Public
  • Year Built Source:
    • Assessor
  • CDOM:
    • 21
  • Insurance Expense:
    • 4000.00
  • Listing Key:
    • 363188848
  • Lot Size Acres:
    • 0.1551
  • Lot Size Dimensions:
    • 135' x 50'
  • Lot Size Square Feet:
    • 6754.00
  • Maintenance Exp:
    • 5000.00
  • Net Operating Income:
    • 165314.00
  • Number of Buildings:
    • 1
  • Number Of Units Leased:
    • 5
  • Operating Expense:
    • 55594.00
  • Parking Spaces:
    • 10.00
  • Price Per SQFT:
    • 405.84
  • Tax ID:
    • 4321011023
  • Total Expenses:
    • 55594.00
Neighborhood info courtesy of Homes.com © 2020

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
34.0488471984863 -118.433692932129

1907 Malcolm Avenue #3 Los Angeles, CA 90025

248229720 34.0488471984863 -118.433692932129 124 /listing/248229720-150132049/1907-malcolm-avenue-no-3-los-angeles-ca-90025 False 0 2500000.0000 101 SB19180285 False
  • $2,500,000
  • 6,754 lot
  • Est payment $13420.54/mo