Los Angeles, CA 90057 263 S Park View Street
$1,150,000
3 more
Presented By: Peter Lee with Coldwell Banker Best Realty; 2138208005
- MLS# PW25022231
- 01/30/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 7
Baths • 6
SQFT • 3,740
Home Details
Great location ! Introducing an excellent investment opportunity in a prime location of Los Angeles! This high-yield property boasts a CAP rate of 5.5% and consists of four units:1 Unit- 3 bedrooms, 2 bathrooms, 1 unit: 2 bedrooms, 2 bathrooms, 2 units: 1 bedroom, 1 bathroom each. Additionally, the property includes a total of 9 carport parking spaces and a coin-operated laundry facility, generating extra passive income. With 100% occupancy, this is a rare opportunity to invest in a fully leased, income-generating property in a sought-after area. Don't miss out on this exceptional investment! Contact us today for more details.
Presented By: Peter Lee with Coldwell Banker Best Realty; 2138208005
Interior Features for 263 S Park View Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level2
General for 263 S Park View Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.55
Carport Y/NYes
CityLos Angeles
Community FeaturesCurbs
Construction MaterialsStucco
CoolingNone
CountyLos Angeles
Current FinancingConventional
DirectionsEast of Vermont + 3rd. Street North
ElectricStandard
Electric Expense9600.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income0.0
HOANo
HOA Fee$0.0
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense1800.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan, Conventional, Exchange1031
Lot Size Square Feet5244.0
Lot Size UnitsSquareFeet
MLS AreaC42 - Downtown L.A.
MobileHomeRemainsYNNo
Net Operating Income63800.0
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Operating Expense25200.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
RoofSlate
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot70
Total Actual Rent87511.0
Trash Expense0.0
UtilitiesCableAvailable
ViewNone
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1964
Year Built SourceOther
ZoningLAR3
Exterior for 263 S Park View Street
Building Area Total3740.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.1204
Lot Size Area5244.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesCarport
Private PoolNo
SpaNo
Total Parking9.0
Water SourcePublic
Additional Details
Price History
Hal Schlegel
Broker Associate