$ 920,000
1852 W Jefferson BLVD Los Angeles, CA 90018
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$ 920,000
Est. payment | /mo
8 Beds
4 Baths
2,550 SqFt
$ 920,000
Est. payment | /mo
8 Beds
4 Baths
2,550 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,550 sqft
Price per Sqft $360
MLS Listing ID 24453635
Bedrooms 8
HOA Y/N No
Year Built 1914
Lot Size 6,494 Sqft
Property Description
Great Live one unit rent out the other! Great potential cap rate! (9.6) GRM! (9.4), Great zoning! (C-2 TOC 3) This Duplex located in the Jefferson Park neighborhood possesses 8 bedrooms and 4 bathrooms! Each unit has 4 bedrooms and 2 bathrooms and are both over 1225 square feet a piece for a total of 2550 sq feet and the lot is big at 6496 square feet. This duplex is perfect live in one unit and rent out the other type of property, it is also great for investors who want to make more rents, according to HACLA, section 8 is paying $4320 per month for 4 bedrooms. This property is section 8 approved which means with new tenants you could potentially get $8640 in rents which would translate into $103680 in total rents and a 9.6 cap rate and 9.4 GRM! This is also great for developers as the zoning is C-2 With a TOC 3 density bonus, this has so many uses that it's a great deal for almost everyone.
Location
State CA
County Los Angeles
Area Phht - Park Hills Heights
Zoning LAC2
Interior
Heating Central
Fireplace No
Appliance Dishwasher, Microwave
Exterior
Garage None
Parking Type None
Total Parking Spaces 5
Building
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5041005010
Special Listing Condition Standard
Listed by Mark King • Big Block Platinum
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "