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    1912 W 23Rd St

    Los Angeles, CA 90018
    • $1,780,000
    • STATUS: Closed
    • ON SITE: 83 days
    • ID#: 21-683868
    Sold - 04/09/2021
    $1,780,000
    SOLD - 04/09/2021
    • 10
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,445
      SQFT
    • $400
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2020
    County:

    School Ratings & Info

    School District:

    Description

    Brand new construction - No rent control - All units delivered vacant. This newly built, turn-key investment property is situated on a securely gated lot in close proximity to the 10 freeway, public transportation, DTLA and USC campus. 3 large units offer the savvy investor a unique opportunity to rent to students (USC campus less than a mile) or working professionals with roommates, or families. Two separate buildings with a large 2-story front house (1916) 4 bed+3.5 baths (2 bedrooms w/ensuite private bath) open floorplan, brand new kitchen with built-in SS appliances, washer/dryer hookups, front patio area, 2-car garage parking. The rear duplex (1912 & 1914) offers 3 Bed + 2 bath (lower unit) and 3 Bed + 3 bath (upper unit) open floorplans, private W&D hookups, new kitchen w/SS built-in appliances, and 2 open parking spaces each. Separately metered for G&E, tankless water heaters, central heat/AC, private patio areas for each. Strong positive cash flow potential for investors.

    Sold by Jimmy Kim BRE#00790615 of First Team Real Estate.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-04-16T12:42:49.873. 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.thepayabgroup.com/homes/113569801
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    1912 W 23Rd St Los Angeles, CA 90018

    • Price: $1,799,000
    • Status: Closed
    • Updated: 17 min ago
    • ID#: 21-683868
    10
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    4,445
    SQFT
    $400
    $/SQFT
    2020
    Built
    Neighborhood:
    Mid Los Angeles
    County:
    Los Angeles
    Area:
    Mid Los Angeles
    School District:
    Los Angeles Unified
    Property Description
    Brand new construction - No rent control - All units delivered vacant. This newly built, turn-key investment property is situated on a securely gated lot in close proximity to the 10 freeway, public transportation, DTLA and USC campus. 3 large units offer the savvy investor a unique opportunity to rent to students (USC campus less than a mile) or working professionals with roommates, or families. Two separate buildings with a large 2-story front house (1916) 4 bed+3.5 baths (2 bedrooms w/ensuite private bath) open floorplan, brand new kitchen with built-in SS appliances, washer/dryer hookups, front patio area, 2-car garage parking. The rear duplex (1912 & 1914) offers 3 Bed + 2 bath (lower unit) and 3 Bed + 3 bath (upper unit) open floorplans, private W&D hookups, new kitchen w/SS built-in appliances, and 2 open parking spaces each. Separately metered for G&E, tankless water heaters, central heat/AC, private patio areas for each. Strong positive cash flow potential for investors.
    Exterior Features

    Cross Streets N Of Adams And E Of Western Ave Direction Faces North Garage Structures Total 1 Lot Description Automatic GateFencedLot-Level/Flat Lot Size Area 6660 Other Structures None Parking Garage Auto Driveway GateDetachedDoor OpenerGarage - 2 CarTandemSide By SideUncovered Patio Features Patio Open Pool Description None Pool YN No Roof CompositionShingle Spa None Spa YN No Style Contemporary Total Parking 6

    Interior Features

    Bathroom Features Shower StallShower Over TubLow Flow Toilet(S)Double Vanity(S) Baths Total 9.00 Bedroom Features Master Suite Common Walls Detached/No Common Walls Cooking Appliances Built-In And Free StandingMicrowaveBuilt-In GasRange Cooling Air ConditioningCentral Den No Dining Room No Equipment Built-InsGarbage DisposalDishwasherGas Dryer HookupMicrowaveRange/OvenRefrigeratorStackable W/D Hookup Family Room No Fireplace Rooms None Flooring Mixed Heating CentralForced Air Interior Features Built-InsTurnkey Kitchen Features Remodeled Laundry In UnitInside Rooms Dining AreaLiving RoomMaster BedroomCenter HallBreakfast Bar Water Heater Features Tankless Windows Double Pane Windows

    Property Features

    Alley YN No Assessed Total Value 408000 Gross Income 151200 Gross Operating Income 146664 Like Units1 1 Like Units2 1 Like Units3 1 Net Operating Income 111465.00 Number Of Buildings 2 Number Of Units 3 Owner Pays Gardener Property Condition New Construction Rent Control YN No Sale Type Standard Security Features Automatic GateCarbon Monoxide Detector(S)Fire SprinklersSmoke DetectorExterior Security Lights Sewer In Street Source Living Area Builder Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Tenant Pays GasElectricityWater Total Annual Expense 35199 Type Of Units 3 Units Water DistrictMeter On Property Water Heaters YN Yes Year Built Source Builder Zoning Lard2

    Listing provided courtesy of Gary Tani DRE#00790615 of Coldwell Banker Spectrum.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-04-16T12:42:49.873. 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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    The Payab Group/Berkshire Hathaway HomeServices California Properties
    16810 Ventura Blvd.
    Encino CA, 91436