Los Angeles, CA 90026 230 N Reno Street
$1,995,000
1 more
Presented By: Julio Ayora with Seven Gables Real Estate; 562-394-7000
- MLS# PW25062660
- 03/24/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 12
Baths • 10
SQFT • 6,160
Home Details
In the middle of the highly sought-after neighborhood of Silver Lake and Echo Park find this Spanish-styled Apartment complex. This impressive complex boasts 10-Units (8 1-Bedroom units, and 2 2-Bedroom unit); 100% occupied, with 4150 sqft of living area. On-site laundry. Easy to manage complex and great addition to any investor's portfolio. Rents currently below market, and set in a strong rental community supported with tons of new construction all around. Its central location provides easy access to the city’s amenities and attractions, including dining and entertainment options. No on-site parking.
Presented By: Julio Ayora with Seven Gables Real Estate; 562-394-7000
Interior Features for 230 N Reno Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 230 N Reno Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate6.12
Carport Y/NNo
CityLos Angeles
Community FeaturesBiking, Curbs, Gutters, StreetLights, Sidewalks
CoolingNone
CountyLos Angeles
DirectionsS-Temple / E-Rampart / N-Beverly Blvd
ElectricStandard
Electric Expense0.0
Electric On Property Y/NNo
Entry LocationSidewalk Level
Fuel Expense4723.0
Garage Spaces0.0
Garage Y/NNo
Gross Income1200.0
HOANo
HOA Fee$0.0
HeatingNaturalGas, SeeRemarks
Home Warranty Y/NNo
Insurance Expense7152.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan, Conventional
Lot Size Square Feet4444.0
Lot Size UnitsSquareFeet
MLS AreaC21 - Silver Lake - Echo Park
MaintenanceExpense9792.0
MobileHomeRemainsYNNo
Net Operating Income127391.0
New ConstructionNo
Number Of Units Total10
Number of Units Leased10
Operating Expense55561.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NYes
RoofFlat
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot14
Taxes$21,000
Tenant PaysElectricity
Total Actual Rent181752.0
Trash Expense90.0
UtilitiesWaterConnected, OverheadUtilities
Virtual TourClick here
Virtual TourClick here
Water Sewer Expense8801.0
Year Built1929
Year Built SourcePublicRecords
ZoningLAR3
Exterior for 230 N Reno Street
Building Area Total6160.0
Crops Included Y/NNo
FencingWroughtIron
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot, GentleSloping
Lot Size Acres0.102
Lot Size Area4444.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters11
Number of Separate Gas Meters1
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesNone
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate