Listing ID : 20626742
-
Beds
1 -
Year
1953
Description
Situated just a short distance to Echo Park and downtown, sits this opportunity to have a great building in your portfolio to later develop if wanted.With the ability to build up to 15 units on this large lot, there is tremendous potential given its R3 zoning. Currently 6 units total (4 singles and 2 one bedrooms) with no vacancies or late rents all of which being long term. Two separate structures with plenty of onsite parking (8 total spaces). Below market rents with plenty of upside and low operating c
Details
Type:
Multi-Family/Income Sale
County: Los Angeles
Tax ID: 5153026006
Net Operating Income: $31,143
Days on Market: 931
Number of Units: 6
Property Type: Residential Income
Roof: Composition
Sub Type: Multi Family
Zoning: LAR3
Show More
Interactive
316 Columbia Ave., Los Angeles, CA 90017
Directions to here from:
Directions to here from:
Area Information 90017
Population:
23,843 Up .04% since 2010
Average Income:
$47,386
Average Age:
30Years
Gender:
54.34%Male
45.66%Female
45.66%Female
Households:
9,03127.45% with children
Average Value:
$837,765
Occupancy:
4.55%Owned
95.45%Rented
11.45%Vacant
95.45%Rented
11.45%Vacant
Education:
18.61%High School
4.25%Associate
12.54%Bachelor
6.6%Graduate
4.25%Associate
12.54%Bachelor
6.6%Graduate
Average Residency:
20Years
Crime Rate:
Very High
Annual Rainfall:
15.04Inches
Earthquake Risk:
Very High
Hurricane Risk:
Very Low
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Average
Tax Assessments
Value
- Land $254,572
- Improvements $140,010
- Total $394,582
Property Tax
- - -
History
| Date | Transaction | Price | Mortgage Amt & Lender |
|
Date
Feb 17, 2022
|
Transaction
Sold - Residential Income20-626742
|
Price
$1,000,000
|
Mortgage Amt & Lender
-
-
|
