1852 W Jefferson BLVD Pending

Los Angeles,CA 90018

$ 800000

8 Beds

4 Baths

2550 SqFt


Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 2,550 sqft

Price per Sqft $313

MLS Listing ID 24453635

Bedrooms 8

Year Built 1914

Lot Size 6,494 Sqft

Property Description

8 Bedrooms And 4 Bathrooms! Great Live one unit rent out the other! This Duplex located in the Jefferson Park neighborhood possesses 8 bedrooms and 4 bathrooms! Each unit has 4 bedrooms and 2 bathrooms and are both over 1225 square feet a piece for a total of 2550 sq feet and the lot is big at 6496 square feet. This duplex is perfect live in one unit and rent out the other type of property, it is also great for investors who want to make more rents, according to HACLA, section 8 is paying $4320 per month for 4 bedrooms. Great potential cap rate! (9.6) GRM! (9.4), Great zoning! (C-2 TOC 3) This property is section 8 approved which means with new tenants you could potentially get $8640 in rents which would translate into $103680 in total rents and a 9.6 cap rate and 9.4 GRM! This is also great for developers as the zoning is C-2 With a TOC 3 density bonus, this has so many uses that it's a great deal for almost everyone.

Location

State CA

County Los Angeles

Area Phht - Park Hills Heights

Zoning LAC2

Interior

Heating Central

Exterior

Parking Features None

Building

New Construction No

Others

Special Listing Condition Standard

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