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4522 W 17th Street

Los Angeles (City), CA 90019
  • $3,500,000
  • STATUS: Active
  • ON SITE: 13 Days
  • ID#: RS24027277
UPDATED: 65 min ago
$3,500,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2021
County:

School Ratings & Info

Listing Agent(s): J Chris Kim of Keller Williams Pacific Estate (562-513-7800)


Description

Calling all investors! Brand new construction (Oct 2021), 100% occupied, stabilized with market rents. Easy to maintain, easy to manage, easy to rent. Tenants just deposit rent into your bank account each month. Each unit is separately metered for power, gas, water/sewer, and trash. Gated property with a motorized entry gate and 2 car garage for each unit. Four additional guest parking spaces. Every unit has a roof deck with an awesome view. Each unit is 4 bedroom, 3.5 bathroom, modern design and finish, with central HVAC. Total rents $17,350 per month gross rents in place at COE. No LA City rent control! Property qualifies for qualified mortgage, 30-year fixed rate, primary residence, FHA, VA, DSCR financing. Perfect for 1031 exchange. Please do not disturb tenants.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-21T15:32:37.497. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.
www.housesforsalesocal.com/homes/147365829
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4522 W 17th Street Los Angeles (City), CA 90019

  • Price: $3,500,000
  • Status: Active
  • On Site: 13 Days
  • Updated: 65 min ago
  • ID#: RS24027277
0
Beds
0
Baths
0
½ Baths
0.16
Acres
2021
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - Mid Los Angeles
Property Description
Calling all investors! Brand new construction (Oct 2021), 100% occupied, stabilized with market rents. Easy to maintain, easy to manage, easy to rent. Tenants just deposit rent into your bank account each month. Each unit is separately metered for power, gas, water/sewer, and trash. Gated property with a motorized entry gate and 2 car garage for each unit. Four additional guest parking spaces. Every unit has a roof deck with an awesome view. Each unit is 4 bedroom, 3.5 bathroom, modern design and finish, with central HVAC. Total rents $17,350 per month gross rents in place at COE. No LA City rent control! Property qualifies for qualified mortgage, 30-year fixed rate, primary residence, FHA, VA, DSCR financing. Perfect for 1031 exchange. Please do not disturb tenants.
Exterior Features

Entry Level 1 Entry Location Front door Lot Features Street Level Number Of Separate Electric Meters 5 Parking Features Direct AccessGarageGatedTandem Parking Total 8 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common WallsNo One AboveNo One Below

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Street Lights Electric Expense 2466 Fuel Expense 0 Garage YN Yes Gross Income 208200 Gross Scheduled Income 208200 Inclusions Appliances: Refrigeratorstovewasher & dryerdishwasherand leasehold. Insurance Expense 2432 Land Lease YN No Laundry Features In Garage Levels Three Or More Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New Loan Net Operating Income 158352 New Construction YN No New Taxes Expense 43750 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 5 Number Of Units Leased 4 Operating Expense 49848 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning LARD1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-21T15:32:37.497. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.
 
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Lori Thompson | Coldwell Banker Realty
19440 Goldenwest Street
Huntington Beach CA, 92648
Listing Agent(s): J Chris Kim of Keller Williams Pacific Estate (562-513-7800)