217 E. Adams Blvd., Los Angeles, CA 90011 - DW20205221 - iPro Real Estate
iPro Real Estate

iPro Real Estate

217 E. Adams Blvd.
Los Angeles, CA 90011

Active, Multi-Family/Income Sale

For Sale

$925,000 $124.19 per sqft

Free Professional CMA

Listing ID : DW20205221

  • Beds

    4
  • Lot Size

    7,448 Sqft

Description

***HUGE PRICE REDUCTION*** USC IS ONLY 7 MINUTES AWAY!!! Take advantage of this great opportunity of owning an investment in the booming downtown Los Angeles area. In addition to being within walking distance of the Metro Line Station, these units have very easy access to the 110 and 10 Freeway. All units have been fully leased out with long term tenants. The owner has replaced all plumbing, drains, sewer, and water lines and each unit now has its own water, electrical, and gas meter. Very low maintenance is needed to own this wonderful investment. These 4 units are conveniently located near the LA Memorial Coliseum, Staples Center, LA FC Stadium, LA Convention Center, Exposition Park, LAX, Fashion District, California Science Center, the Natural History Museum and so much more! ***Very low expenses, Tenants pay for it's own Water, electric, gas, trash and sewer bill***

Details

Type: Multi-Family/Income Sale 
County: Los Angeles 
Tax ID: 5127036010
Net Operating Income: $37,244 
Days on Market: 304 
Number of Units: 4 
Property Type: Residential Income 
Sub Type: Multi Family 
Zoning: Assessor 

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Interactive

34.024288 -118.266747 $925,000 DW20205221
217 E. Adams Blvd., Los Angeles, CA 90011
Directions to here from:

Area Information 90011

Population:

102,769 Up .01% since 2010
Average Income:
$46,408
Average Age:
26Years
Gender:
50.8%Male
49.2%Female
Households:
21,95764.93% with children
Average Value:
$512,340
Occupancy:
26.51%Owned
73.49%Rented
6.34%Vacant
Education:
19.9%High School
3.15%Associate
3.12%Bachelor
0.82%Graduate
Average Residency:
20Years
Crime Rate:
Above Average
Annual Rainfall:
14.63Inches
Earthquake Risk:
Very High
Hurricane Risk:
Very Low
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Average

Tax Assessments

Value

  • Land $270,608
  • Improvements $200,249

  • Total $470,857

Property Tax

  • 2020 $6,266

History

Date Transaction Price Mortgage Amt & Lender
Date
Sep 30, 2020
Transaction
Active - Residential IncomeDW20205221
Price
$925,000
Mortgage Amt & Lender
- -
Date
Oct 29, 2015
Transaction
Sold - Residential IncomeRS15126933
Price
$435,000
Mortgage Amt & Lender
- -

Mortgage Calculator

Listed by Ariadna Cardenas with Allstars Realty