244 South Avenue 18

Los Angeles (City), CA 90031 View Map $4,195,000 Schedule a Tour
Beds24
Baths18
Sq.Ft.11,958
Year2016
Jenny Durling

Jenny Durling

(323) 794-1050
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Status: Active
Property Type:Multi-Family
MLS #:20567010
Sq. Feet:11,958
On Site:13 Days
Lot Size:10004 Sq. Ft.
County:Los Angeles
BRAND NEW Apartment built-in 2016. EACH UNIT IS NEARLY 2,000sf LIVING SPACE. ALL 6 UNITS ARE 4 BEDROOMS AND 3 BATHROOMS EACH.THIS IS BRAND NEW CONSTRUCTION, LOW MAINTENANCE, CASH COW!!! BRING YOUR 1031 EXCHANGE HERE!! RIGHT NOW!! THERE IS NOTHING LIKE THIS IN THIS UP & COMING NEIGHBORHOOD. The upstairs features the bedrooms and the lower level features a wide-open floor plan of the living room and kitchen areas. Large windows throughout will allow natural light all day. PERK FOR EACH UNIT(THEIR OWN LAUNDRY), and fully equipped with kitchen appliances. Gorgeous hardwood flooring on the lower level with carpeted bedrooms. EVERYTHING IS BRAND NEW! GREAT CITY VIEWS!! Situated in the hip and trendy area of Lincoln Heights, on Ave.18, right off Broadway. Close to the 110, 101 and 5 freeways. Great for roommates, great for students looking for off-campus housing. Low Maintenance Cost. Easy to Manage!! JUST NORTH OF DTLA. CORPORATE RENTAL IS HUGH MARKET!! DON'T MISS THIS OPPORTUNITY!!!

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$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

Detailed Maps

Community Information

Address:244 South Avenue 18 Los Angeles (City), CA 90031
Zip Code:90031

Architecture

Bedrooms: 24
Bathrooms: 18
Year Built:2016
Parking Type: Assigned

Features / Amenities

Total Sq. Ft.:11958
Appliances: Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer
Cooking Appliances: Microwave, Range
Cooling Type: Central A/C
Heating Type: Central Furnace

Property Features

Lot Size: 10004 Sq. Ft.
Zoning:LARD1.5

Tax and Financial Info

Adjusted Gross Income: $189, 000
Gross Income: $270, 000
Net Operating Income: $189, 000
Cap Rate: $5
Expense Total Annual: $81, 000
Legal Disclosures: Take Property As Is
Special Conditions: Standard Sale
Association Amenities: Fence
Pets Allowed: PetsAllowed

Schools

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244 South Avenue 18 Los Angeles (City), CA 90031
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244 South Avenue 18 Los Angeles (City), CA 90031
 
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Listing Information Last Updated 4/7/2020
Listing provided courtesy of Dream Realty Asset Mgt, Inc..
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than L.A. Property Solutions are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
Property Summary:
Home for sale at .

Description: The property at 244 South Avenue 18 Los Angeles (City), CA 90031 in the subdivision with the MLS# 20567010 is currently listed for $4,195,000 and has been on the market for 12 days.

GeoCoordinates:
34.07049
-118.22128

Listing Price: $4,195,000

You are viewing the NWMLS listing details of the home for sale at 244 South Avenue 18 Los Angeles (City), CA 90031, which features 24 bedrooms and 18 bathrooms, and 11958 sq.ft. of living area.