5461 2nd Avenue
Los Angeles, CA 90043
MLS #CV16176484

Income
  • 2units
  • 1,440sq ft
Active Under Contract $395,888
Est. P&I payment: $1512.02/mo
5461 2nd Avenue, Los Angeles, CA 90043
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Description for 5461 2nd Avenue, Los Angeles, CA 90043
BACK ON THE MARKET WITH MAJOR PRICE REDUCTION!!! FELL OUT OF ESCROW! AN EXCELLENT INCOME AND PERSONAL PROPERTY OPPORTUNITY in this HOT LA Market! The Duplex is Section 8 Approved and 100% Occupied with long term tenants who love living there. Property has been well maintained, and has passed all section 8 inspections, and comes with a mature avocado and lemon tree in the back yard; it also has a newer roof. The units are approx. 10 minutes from the new Ram's football stadium, close to the Metro train, Van Ness Recreation Center, and the new subway being built under Crenshaw Blvd. Units are being sold in its As Is, and Where Is condition. Great opportunity for first time or seasoned investor, and most likely won't be on the market long. Priced to sell fast, so bring your PRE-APPROVED friends and family for this great opportunity! TENANTS GO WITH PROPERTY!! DO NOT SHOW UP WITHOUT AN APPOINTMENT!! CALL LISTING AGENT FOR APPOINTMENT.
MLS #CV16176484
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My Notes for MLS #CV16176484

General Features

  • Number Of Buildings: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Year Built: 1922
  • Year Built Source: Assessor
  • Zoning: LARD1.5
  • Elevation Units: Feet

Exterior Features

  • Lot Features: Front Yard,​Level with Street
  • Lot Size SqFt: 4,921
  • Lot Size Units: Square Feet
  • Pool Features: None
  • Common Walls: 1 Common Wall
  • Property Attached YN: 1

Interior Features

  • Levels: One

Utility Features

  • Heating YN: 1
  • Heating: Wall Heater
  • Laundry YN: 1
  • Laundry Features: Inside,​Washer Hookup
  • Utilities: Sewer Available,​Sewer Connected
  • Water Source: Public
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Financial Features

  • Gross Scheduled Income: 25,632
  • Insurance Expense: 972
  • Net Operating Income: 22,272
  • Operating Expense: 3,360
  • Price Per SqFt: 274.92
  • Total Expenses: 5,538
  • Trash Expense: 457
  • Water Sewer Expense: 749
  • Tax Lot: 137
  • Gross Income: 2,136
  • Rent Control YN: 1
  • Tenant Pays: Cable TV,​Electricity,​Gas,​Repairs

Community Features

  • Community Features: Curbs,​Sidewalks

Miscellaneous Features

  • Building Area Total: 1,440
  • Building Area Units: Square Feet
  • Days On Market: 446
  • Lot Size Source: Assessor
  • Special Listing Conditions: Standard
  • Cumulative Days On Market: 446
  • Tax Tract Number: 900

Location

 
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Directions to 5461 2nd Avenue, Los Angeles, CA 90043
Cross Streets: W. Slauson Ave/Arlington Ave
Listing information for 5461 2nd Avenue, Los Angeles, CA 90043 was graciously provided by our friends at the listing brokerage, FAMILY REAL ESTATE NETWORK and by listing agent PEREZ ROBERT DRE# 01271052

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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Alliance Realty's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Alliance Realty, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 01/17/2018 at 7:33pm
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