886 E 43rd Place Active

Los Angeles,CA 90011

$ 1600000

- Bed

0 Bath

6508 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,508 sqft

Price per Sqft $245

MLS Listing ID CL25533565

HOA Y/N No

Year Built 1960

Lot Size 0.310 Acres

Acres 0.31

Property Sub-Type Other

Property Description

Part of a 4 Building Portfolio! Can be sold individually or as a portfolio. Listed at an 8.37% cap rate, 886-894 E. 43rd Pl. offers investors excellent in-place cash flow on day one with the benefit of additional upside in rents. The subject property offers an investor a great unit mix consisting of (3) 2 Bed / 1 Bath, (3) 3 Bed / 1 Bath and (1) 4 Bed / 1 Bath units. The offering consists of two separate buildings on two adjacent parcels totaling 13,494 square feet of land that is zoned LARD2. The total square footage of the buildings is 6,508 square feet with one building being built in 1925 and the other built in 1960.

Location

State CA

County Los Angeles

Zoning LARD

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Laundry No Hookups

Exterior

Utilities Available Other Water/Sewer

View Y/N true

View City Lights

Building

Lot Description Other

Water Other

New Construction No

Others

Tax ID UNAVAILABLE

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