4 Unit Renovated Apt Bldg (No Rent Control) For Sale (silver lake) $2200000 8bd 4750ft2

Shawn Kormondyshow contact info

License# 01451888


Multifamily Property For Sale

RENOVATED 4U Non Rent Control

246 N CORONADO ST, Los Angeles, CA 90026

Price: $2,200,000
No. Units: 4
Building Size: 4,716 SF
Price/Unit: $550,000
Property Type: Multifamily
Property Sub-type: Duplex/Triplex/Fourplex
Property Use Type: Investment
Commission Split: 2.5%
Cap Rate: 4.58%
Gross Rent Multiplier: 16.22
Occupancy: 50%
Lot Size: 6,048 SF
Last Verified: 9/21/2017
Listing ID: 20491307


Description

Renovated 4U non rent control building in HiFi (Historic Filipinotown). Constructed in 1995, the unit mix consists of (1) 3BR/2BA unit, and (3) 2BR/1BA units with amenities such as : Laundry Hookups, brand new stainless steel appliances (range/oven, refrigerator, microwave, and dishwasher), AC, recessed lights, and each unit has been remodeled with new electrical subpanels, floors, paint, tankless H2O, stone counters and new cabinetry. Each unit is over 1000 SF and there are 8 large parking spaces with storage lockers for each unit. Front area can be used as common area for BBQ. Experience the rebirth of HiFi with walk able locations for music, art, nightlife, food, and more! Easy access to 101 and 2 freeways, just south of Silverlake/Echo Park. Unit A & C are currently vacant and available for lease. Separately metered gas/electric

South of Temple and West of Alvarado in Historic Filipinotown


Shawn Kormondyshow contact info

License# 01451888


The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.

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