350 S Serrano Avenue

    Los Angeles (City), CA 90020
    • $1,650,000
    • STATUS: Active
    • ON SITE: 57 days
    • ID#: SR18252006
    UPDATED: 52 min ago
    $1,650,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,749
      SQFT
    • $347
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1953
    County:

    School Ratings & Info

    Description

    BIG PRICE REDUCTION OF $50,000!!! This is a great investment opportunity in one of the most desirable locations and in the heart of L.A. This magnificent apartment building consists of 5 units which holds (2) 2 bed + 1 bath apartments and (3) 1 bed +1 bath apartments. This building is a prime opportunity for any investors to upgrade and capture the untapped cash flow potential. Rent comparables based on neighborhood properties shows that this property has the potential to increase the current rent above +/-45 %. Located in an excellent location, 3 blocks from the Metro station and elementary school. AGENTS.... Bring your investors! Many properties in this area have been sold to investors with vision and an entrepreneurial spirit that have completely changed the scope of the neighborhood. All other information is available.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-13T09:28:56.21. 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. Licensed in the State of California, USA.
    www.sonyathebroker.com/homes/88567488

    350 S Serrano Avenue Los Angeles (City), CA 90020

    • Price: $1,650,000
    • Status: Active
    • Updated: 52 min ago
    • ID#: SR18252006
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    4,749
    SQFT
    $347
    $/SQFT
    1953
    Built
    Neighborhood:
    KREA - Koreatown
    County:
    Los Angeles
    Area:
    KREA - Koreatown
    Property Description
    BIG PRICE REDUCTION OF $50,000!!! This is a great investment opportunity in one of the most desirable locations and in the heart of L.A. This magnificent apartment building consists of 5 units which holds (2) 2 bed + 1 bath apartments and (3) 1 bed +1 bath apartments. This building is a prime opportunity for any investors to upgrade and capture the untapped cash flow potential. Rent comparables based on neighborhood properties shows that this property has the potential to increase the current rent above +/-45 %. Located in an excellent location, 3 blocks from the Metro station and elementary school. AGENTS.... Bring your investors! Many properties in this area have been sold to investors with vision and an entrepreneurial spirit that have completely changed the scope of the neighborhood. All other information is available.
    Exterior Features

    Lot Features Front YardLevel With StreetNear Public TransitSprinklers In Front Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Laundry Features Community

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Building Status Existing Country Us Investment Property YN Yes Land Use Multi-Family Laundry YN Yes Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Property Sub Type Multi Family Special Listing Conditions Standard Sprinklers YN Yes Water Source Public

    Listing provided courtesy of Siranoush Schiff of Exp Realty Of California Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-13T09:28:56.21. 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. Licensed in the State of California, USA.
     
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