Skip To Content

    2605 W 16th Place

    Los Angeles, CA 90019
    • $2,250,000
    • STATUS: Active
    • ON SITE: 198 days
    • ID#: 320004287
    UPDATED: 17 min ago
    $2,250,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,117
      SQFT
    • $316
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:

    School Ratings & Info

    Description

    Great Investment Opportunity! Multi-Family Investment Income Property with 9 units, great income, and plenty of On-Site Parking. Great mix of units with two large 2 bed + 2 bath units, five 2 bed + 1 bath units, one 1 Bed + 1 bath unit, and a Bachelor unit. Full Occupancy. UNITS ARE SEPARATELY METERED FOR GAS AND ELECTRICITY except Bachelor Unit. SELLER REPRESENTS THE UPGRADES ARE: SOME UNITS HAVE UPGRADED VERTICAL AND HORIZONTAL PLUMBING TO COPPER; SOME UNITS HAVE BEEN REMODELED AND WINDOWS HAVE BEEN REPLACED; AND NEW 100 GAL. WATER HEATER. EASY ACCESS TO DOWNTOWN, HOLLYWOOD, WLA, 10FWY. RENT ROLL AND INCOMES & EXPENSES ARE AVAILABLE UPON REQUEST. Located in Arlington Heights. 2 story building, fully occupied. 15 parking spaces. Comprising 3 addresses into one building, located in the heart of Los Angeles at the corner of 16th place and Arlington Blvd., In an up and coming area that is close to downtown L.A., freeways, and major boulevards. Rent control Area.

    Monthly Payment Calculator



    Based on information from CRISNet MLS as of 2021-06-24T13:56:24.72. 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.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2021-06-24T13:56:24.72. 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/112455446
    Print Image

    2605 W 16th Place Los Angeles, CA 90019

    • Price: $2,250,000
    • Status: Active
    • Updated: 17 min ago
    • ID#: 320004287
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    7,117
    SQFT
    $316
    $/SQFT
    1958
    Built
    Neighborhood:
    Not Applicable-105
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    Great Investment Opportunity! Multi-Family Investment Income Property with 9 units, great income, and plenty of On-Site Parking. Great mix of units with two large 2 bed + 2 bath units, five 2 bed + 1 bath units, one 1 Bed + 1 bath unit, and a Bachelor unit. Full Occupancy. UNITS ARE SEPARATELY METERED FOR GAS AND ELECTRICITY except Bachelor Unit. SELLER REPRESENTS THE UPGRADES ARE: SOME UNITS HAVE UPGRADED VERTICAL AND HORIZONTAL PLUMBING TO COPPER; SOME UNITS HAVE BEEN REMODELED AND WINDOWS HAVE BEEN REPLACED; AND NEW 100 GAL. WATER HEATER. EASY ACCESS TO DOWNTOWN, HOLLYWOOD, WLA, 10FWY. RENT ROLL AND INCOMES & EXPENSES ARE AVAILABLE UPON REQUEST. Located in Arlington Heights. 2 story building, fully occupied. 15 parking spaces. Comprising 3 addresses into one building, located in the heart of Los Angeles at the corner of 16th place and Arlington Blvd., In an up and coming area that is close to downtown L.A., freeways, and major boulevards. Rent control Area.
    Exterior Features

    Architectural Style Mid Century Modern Carport Spaces 0.00 Construction Materials Frame Entry Location Ground Level-NostepsMain Level Foundation Details Slab Levels OneTwo Lot Features Rectangular LotCorner Lot Lot Size Area 6763.0000 Number Of Rented Garages 0 Parking Features CoveredPrivateCarportGarage - Single DoorTandem Covered Parking Total 2.00 Parking YN Yes

    Interior Features

    Appliances Gas Water Heater Appliances YN Yes Common Walls 1 Common Wall Cooling Wall/Window Unit(S) Cooling YN Yes Flooring CarpetTileLaminateVinylWood Heating Wall FurnaceNatural Gas Heating YN Yes Interior Features Balcony Laundry Features None Laundry YN No

    Property Features

    Fuel Expense 0.00 Garage Income 0.00 Gross Equity 0 Gross Multiplier 0.00 Gross Operating Income 0.00 Gross Scheduled Income 0.00 Insurance Expense 0.00 Land Lease YN No Laundry Income 0.00 Maintenance Expense 0.00 Net Operating Income 0.00 New Taxes Expense 0.00 Number Of Separate Electric Meters 9 Number Of Separate Gas Meters 9 Number Of Separate Water Meters 9 Number Of Units Leased 9 Operating Expense 0.00 Operating Expense Percent 0.00 Professional Management Expense 0.00 Property Attached YN Yes Security Features Carbon Monoxide Detector(S)Smoke Detector(S)Window Bars Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Not Applicable-105 Tax Annual Amount 0.00 Total Expenses 0.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Zoning Lard1.5

    Listing provided courtesy of Berge Berberian, CA DRE# , of Keller Williams R. E. Services.


    Based on information from CRISNet MLS as of 2021-06-24T13:56:24.72. 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.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2021-06-24T13:56:24.72. 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.
     
    https://bt-photos.global.ssl.fastly.net/crisnet/orig_boomver_1_365012027-1.jpg https://bt-photos.global.ssl.fastly.net/crisnet/orig_boomver_1_365012027-1.jpg https://bt-photos.global.ssl.fastly.net/crisnet/orig_boomver_1_365012027-1.jpg
    Logo
    The Payab Group/Berkshire Hathaway HomeServices California Properties
    16810 Ventura Blvd.
    Encino CA, 91436