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1212 S Hicks Avenue

Los Angeles, CA 90023
  • $1,495,000
  • STATUS: ACTIVE
  • ON SITE: 81 Days
  • ID#: MB24167211
$1,495,000
  • 6
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Come see this exclusive opportunity to acquire a multi family building comprised of four units located in East Los Angeles where you can live in one and rent out the others. With low property maintenance and each unit individually metered, it helps bring down the monthly expenses. The two front units are fully remodeled with new windows, comes with stackable washer/dryer combo, mini splits and appliances. The ADU is fully remodeled with mini split and washer and dryer hook ups. The occupied unit has its own separate laundry room with room for upside potential. With excellent proximity to shopping, entertainment districts, hospitals, schools and restaurants, this four plex has a unique opportunity for short and long-term rentals alike. Come see this exclusive opportunity to acquire a multi family building comprised of four units located in East Los Angeles where you can live in one and rent out the others. With low property maintenance and each unit individually metered, it helps bring down the monthly expenses. The two front units are fully remodeled with new windows, comes with stackable washer/dryer combo, mini splits and appliances. The ADU is fully remodeled with mini split and washer and dryer hook ups. The occupied unit has its own separate laundry room with room for upside potential. With excellent proximity to shopping, entertainment districts, hospitals, schools and restaurants, this four plex has a unique opportunity for short and long-term rentals alike.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.redtreerealty.com/homes/153647269
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1212 S Hicks Avenue Los Angeles, CA 90023

  • Price: $1,495,000
  • Status: ACTIVE
  • On Site: 81 Days
  • ID#: MB24167211
6
Beds
0
Baths
0
½ Baths
0.12
Acres
Neighborhood:
Los Angeles (90023)
County:
Los Angeles
Area:
Los Angeles (90023)
Property Description
Come see this exclusive opportunity to acquire a multi family building comprised of four units located in East Los Angeles where you can live in one and rent out the others. With low property maintenance and each unit individually metered, it helps bring down the monthly expenses. The two front units are fully remodeled with new windows, comes with stackable washer/dryer combo, mini splits and appliances. The ADU is fully remodeled with mini split and washer and dryer hook ups. The occupied unit has its own separate laundry room with room for upside potential. With excellent proximity to shopping, entertainment districts, hospitals, schools and restaurants, this four plex has a unique opportunity for short and long-term rentals alike. Come see this exclusive opportunity to acquire a multi family building comprised of four units located in East Los Angeles where you can live in one and rent out the others. With low property maintenance and each unit individually metered, it helps bring down the monthly expenses. The two front units are fully remodeled with new windows, comes with stackable washer/dryer combo, mini splits and appliances. The ADU is fully remodeled with mini split and washer and dryer hook ups. The occupied unit has its own separate laundry room with room for upside potential. With excellent proximity to shopping, entertainment districts, hospitals, schools and restaurants, this four plex has a unique opportunity for short and long-term rentals alike.
Exterior Features

Parking Garage Desc Unit1 Assigned Pool N/K Site Sidewalks

Interior Features

Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1

Property Features

Annual Expense Actual 25327 Buildings 3 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 104268 Home Owners Fees 0.0 Possession Close of Escrow Tenant Pays Cable TVElectricityGas/Propane Terms CashConventionalFHA Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 0.0 Unit2 Rent Actual 0.0 Unit3 Rent Actual 0.0 Unit4 Rent Actual 1089.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Edgar Sarabia of MERAKI REALTY MANAGEMENT: 909-268-6839. Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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Red Tree Realty
4138 Napier St.
San Diego CA, 92110