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    3325 Andrita Street

    Los Angeles (City), CA 90065
    • $4,345,000
    • STATUS: Active
    • ON SITE: 304 days
    • ID#: 19517386
    $4,345,000
    • 0
      BEDS
    • 0.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1991
    County:

    School Ratings & Info

    Description

    *20% potential rent upside versus current market rents*1991 Year Built Construction*Excellent Unit Mix*Recently replaced roof*Controlled Access parking and walk-in entry*Not subject to City of Los Angeles Rent Control OrdinanceThis may be one of the last low hanging fruit value add repositioning opportunities in Los Angeles.*Ample covered ground level parking*Separately metered for gas and electric*Proposed CA Tenant Protection Act Allows Up to 10% Rent increases annually and unlimited increases on vacated units*In regentrifying Glassell Park district of Los Angeles*Leverage the value you may may with low interest rate financing

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-08-03T00:26:07.723. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Compass. Licensed in the State of California, USA.

    www.sperryresidential.com/homes/99589006
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    3325 Andrita Street Los Angeles (City), CA 90065

    • Price: $4,345,000
    • Status: Active
    • ID#: 19517386
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.29
    Acres
    1991
    Built
    Neighborhood:
    623 - Glassel Park
    County:
    Los Angeles
    Area:
    623 - Glassel Park
    Property Description
    *20% potential rent upside versus current market rents*1991 Year Built Construction*Excellent Unit Mix*Recently replaced roof*Controlled Access parking and walk-in entry*Not subject to City of Los Angeles Rent Control OrdinanceThis may be one of the last low hanging fruit value add repositioning opportunities in Los Angeles.*Ample covered ground level parking*Separately metered for gas and electric*Proposed CA Tenant Protection Act Allows Up to 10% Rent increases annually and unlimited increases on vacated units*In regentrifying Glassell Park district of Los Angeles*Leverage the value you may may with low interest rate financing
    Exterior Features

    Lot Size Source Other Lot Size Units Square Feet Parking Features Private Parking YN Yes

    Interior Features

    Cooling Wall/Window Unit(S) Cooling YN Yes

    Property Features

    Gross Income 259824.00 Gross Multiplier 16.70 Gross Operating Income 252029.00 Net Operating Income 163689.00 Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 3.00 Zoning Lard2

    Listing provided courtesy of Carlos A.G. Gonzalez of Dealtrade Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-08-03T00:26:07.723. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Compass. Licensed in the State of California, USA.

     
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    Compass
    341 Bayside Drive
    Newport Beach CA, 92660