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215 W Vernon Avenue

Los Angeles, CA 90037
  • $890,000
  • STATUS: CONTINGENT
  • ON SITE: 177 Days
  • ID#: CV21086226
Under Contract
$890,000
  • 5
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

HUGE PRICE REDUCTION FROM NOW ONLY $890,000. The subject property # 1 building 2-story, multi-tenant (4 Plex) # 2 is a detached home with 1 bedroom I bath. Total building 4,621 square feet, the building sits on a 5,881 square foot lot. Close to the corner of Broadway & Vernon. Sits at the busy, high-traffic intersections of Broadway and Vernon (physical address is 215 W Vernon Avenue. and is accessible from Vernon Avenue, This subject property is zoned LA C2. The front building consists of 4 apartment units, plus a detached 1 bedroom 1 bath house in the rear. pictures available. All units are one-bedroom I full bath and bonus room. The tenants are great and they pay on time. The units require very little maintenance and have a high rental potential. There are separate meters for gas and electricity and water. Owner pay for trash only. This building is close to shops, restaurants, and public transportation and is located near Exposition Park and The California Science Center, Grand Central Market, USC, Staples Center, Dodger Stadium and The Colosseum which provides a great opportunity to get into a high income producing building before the 2028 Summer Olympics come to Los Angeles. Please do not disturb the tenants. All offers subject to interior inspection. ( TOTAL MONTHLY INCOME $3000.00 ) ( Total $36,000 per year) THE TENANTS PAY ALL UTILITY BILLS EXCEPT TRUSH. HUGE PRICE REDUCTION FROM NOW ONLY $890,000. The subject property # 1 building 2-story, multi-tenant (4 Plex) # 2 is a detached home with 1 bedroom I bath. Total building 4,621 square feet, the building sits on a 5,881 square foot lot. Close to the corner of Broadway & Vernon. Sits at the busy, high-traffic intersections of Broadway and Vernon (physical address is 215 W Vernon Avenue. and is accessible from Vernon Avenue, This subject property is zoned LA C2. The front building consists of 4 apartment units, plus a detached 1 bedroom 1 bath house in the rear. pictures available. All units are one-bedroom I full bath and bonus room. The tenants are great and they pay on time. The units require very little maintenance and have a high rental potential. There are separate meters for gas and electricity and water. Owner pay for trash only. This building is close to shops, restaurants, and public transportation and is located near Exposition Park and The California Science Center, Grand Central Market, USC, Staples Center, Dodger Stadium and The Colosseum which provides a great opportunity to get into a high income producing building before the 2028 Summer Olympics come to Los Angeles. Please do not disturb the tenants. All offers subject to interior inspection. ( TOTAL MONTHLY INCOME $3000.00 ) ( Total $36,000 per year) THE TENANTS PAY ALL UTILITY BILLS EXCEPT TRUSH.

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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 © 2021 San Diego MLS, Inc. Licensed in the state of California.
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215 W Vernon Avenue Los Angeles, CA 90037

  • Price: $890,000
  • Status: CONTINGENT
  • ID#: CV21086226
5
Beds
0
Baths
0
½ Baths
0.14
Acres
Neighborhood:
Los Angeles (90037)
County:
Los Angeles
Area:
Los Angeles (90037)
Property Description
HUGE PRICE REDUCTION FROM NOW ONLY $890,000. The subject property # 1 building 2-story, multi-tenant (4 Plex) # 2 is a detached home with 1 bedroom I bath. Total building 4,621 square feet, the building sits on a 5,881 square foot lot. Close to the corner of Broadway & Vernon. Sits at the busy, high-traffic intersections of Broadway and Vernon (physical address is 215 W Vernon Avenue. and is accessible from Vernon Avenue, This subject property is zoned LA C2. The front building consists of 4 apartment units, plus a detached 1 bedroom 1 bath house in the rear. pictures available. All units are one-bedroom I full bath and bonus room. The tenants are great and they pay on time. The units require very little maintenance and have a high rental potential. There are separate meters for gas and electricity and water. Owner pay for trash only. This building is close to shops, restaurants, and public transportation and is located near Exposition Park and The California Science Center, Grand Central Market, USC, Staples Center, Dodger Stadium and The Colosseum which provides a great opportunity to get into a high income producing building before the 2028 Summer Olympics come to Los Angeles. Please do not disturb the tenants. All offers subject to interior inspection. ( TOTAL MONTHLY INCOME $3000.00 ) ( Total $36,000 per year) THE TENANTS PAY ALL UTILITY BILLS EXCEPT TRUSH. HUGE PRICE REDUCTION FROM NOW ONLY $890,000. The subject property # 1 building 2-story, multi-tenant (4 Plex) # 2 is a detached home with 1 bedroom I bath. Total building 4,621 square feet, the building sits on a 5,881 square foot lot. Close to the corner of Broadway & Vernon. Sits at the busy, high-traffic intersections of Broadway and Vernon (physical address is 215 W Vernon Avenue. and is accessible from Vernon Avenue, This subject property is zoned LA C2. The front building consists of 4 apartment units, plus a detached 1 bedroom 1 bath house in the rear. pictures available. All units are one-bedroom I full bath and bonus room. The tenants are great and they pay on time. The units require very little maintenance and have a high rental potential. There are separate meters for gas and electricity and water. Owner pay for trash only. This building is close to shops, restaurants, and public transportation and is located near Exposition Park and The California Science Center, Grand Central Market, USC, Staples Center, Dodger Stadium and The Colosseum which provides a great opportunity to get into a high income producing building before the 2028 Summer Olympics come to Los Angeles. Please do not disturb the tenants. All offers subject to interior inspection. ( TOTAL MONTHLY INCOME $3000.00 ) ( Total $36,000 per year) THE TENANTS PAY ALL UTILITY BILLS EXCEPT TRUSH.
Exterior Features

Lot Dimensions Approx 47X125 Pool N/K Site Sidewalks Spa N/K

Interior Features

Stories 2 Story Total Baths Unit1 5

Property Features

Annual Expense Actual 3700 Buildings 1 Gross Scheduled Income Actual 36000 Home Owners Fees 0.0 Sewer Septic Sewer Connected Tenant Pays WaterElectricityGas/Propane Terms ConventionalExchange Unit Number For Unit1 1 Unit1 Rent Actual 2971.0 Zoning Assessor

Listing provided courtesy of Re/Max Champions. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
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 © 2021 San Diego MLS, Inc. Licensed in the state of California.
 
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