Listing ID : 20626492
-
Beds
9 -
Year
1991
Description
Attention Investors!! Amazing opportunity to own this 2 story 4 unit apartment building centrally located near 3rd and Union in the heart of Los Angeles. This gem is situated just a short distance from Echo Park and downtown L.A. You'll love the views of Downtown Los Angeles! This is a great opportunity to have a great building in your portfolio to later develop if wanted. This property has a tremendous potential given its R4 Zoning. No vacancies or late rents. Plenty of upside and low operating costs, on
Details
Type:
Multi-Family/Income Sale
County: Los Angeles
Tax ID: 5153003029
Net Operating Income: $70,147
Days on Market: 937
Number of Units: 4
Property Type: Residential Income
Sub Type: Multi Family
Zoning: LAR4
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322 S. Burlington Ave., Los Angeles, CA 90057
Directions to here from:
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Area Information 90057
Population:
43,920 -0.02% since 2010
Average Income:
$58,166
Average Age:
35Years
Gender:
52.64%Male
47.36%Female
47.36%Female
Households:
15,98528.1% with children
Average Value:
$632,325
Occupancy:
3.02%Owned
96.98%Rented
5.89%Vacant
96.98%Rented
5.89%Vacant
Education:
17.8%High School
5.35%Associate
19.05%Bachelor
4.68%Graduate
5.35%Associate
19.05%Bachelor
4.68%Graduate
Average Residency:
21Years
Crime Rate:
Above Average
Annual Rainfall:
15.26Inches
Earthquake Risk:
Very High
Hurricane Risk:
Very Low
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Average
History
| Date | Transaction | Price | Mortgage Amt & Lender |
|
Date
Jul 02, 2022
|
Transaction
Expired - Residential IncomeOC22027243
|
Price
$1,349,000
|
Mortgage Amt & Lender
-
-
|
