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245 E 130Th St

Los Angeles, CA 90061
  • $2,190,000
  • STATUS: Active
  • ON SITE: 18 days
  • MLS #: 21-742180
UPDATED: 63 min ago
$2,190,000
  • 16
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,040
    SQFT
  • $435
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1960
County:

School Ratings & Info

Description

We are excited to present this cash flow building in the County Strip of Los Angeles. This eight unit complex boasts an excellent unit mix of all 2 bedroom - 1 bath apartments. The building was constructed in 1960 and contains 5,040 square feet. It is situated on a huge, 9,182 square foot lot that is zoned LCR1YY. The CPU and $/SF may seem a bit high but the income supports the price at $15,719 per month. The current GRM and CAP are very attractive at 11.61 and 5.68 respectively. Make all offers subject to inspection. Please do not walk on property or disturb tenants in any way.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-20T16:42:40.763. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.desertarealuxuryhomes.com/homes/117790398
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245 E 130Th St Los Angeles, CA 90061

  • Price: $2,190,000
  • Status: Active
  • Updated: 63 min ago
  • MLS #: 21-742180
16
Beds
0
Baths
0
½ Baths
0.21
Acres
5,040
SQFT
$435
$/SQFT
1960
Built
Neighborhood:
Compton West Of Central
County:
Los Angeles
Area:
Compton West Of Central
Property Description
We are excited to present this cash flow building in the County Strip of Los Angeles. This eight unit complex boasts an excellent unit mix of all 2 bedroom - 1 bath apartments. The building was constructed in 1960 and contains 5,040 square feet. It is situated on a huge, 9,182 square foot lot that is zoned LCR1YY. The CPU and $/SF may seem a bit high but the income supports the price at $15,719 per month. The current GRM and CAP are very attractive at 11.61 and 5.68 respectively. Make all offers subject to inspection. Please do not walk on property or disturb tenants in any way.
Exterior Features

Direction Faces South Lot Size Area 9182 Other Structures Other Parking Garage Carport DetachedCovered Parking Style Contemporary Total Parking 8 View Description None View YN No

Interior Features

Baths Total 8.00 Cooling None Equipment None Heating Wall

Property Features

Assessed Total Value 879145 Gross Income 188628 Gross Operating Income 188628 Like Units1 2 Like Units2 4 Like Units3 1 Like Units4 1 Net Operating Income 124495.00 Number Of Buildings 1 Number Of Units 8 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 60360 Type Of Units Apartment Year Built Source Vendor Enhanced Zoning Lcr1yy

Listing provided courtesy of Jerome McAlpin DRE#00939725 of Mcalpin & Company.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-20T16:42:40.763. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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