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    5637 Hub Street

    Los Angeles (City), CA 90042
    • $1,549,000
    • STATUS: Active
    • ON SITE: 99 days
    • ID#: 21675686
    Price Reduced
    UPDATED: 63 min ago
    $1,549,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,593
      SQFT
    • $597
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1927
    County:

    School Ratings & Info

    Description

    ** $50,000 Price Adjustment ** 14.37 GRM & 5.01% Cap Rate. Submit All Offers. We are pleased to offer this charming 3 Unit multi-family building in one of LA's hottest rental market - North Highland Park! The property was extensively renovated in 2018/2019 with no expense spared. This prime investment boasts one (1) detached 3 Bedroom & 2 Bathroom Single Family Residence that is VACANT and is perfect for an owner-user looking to occupy and rent out the remaining units which are Two (2) 2 Bedroom & 1 Bath Units. Each unit is separately metered for Gas & Electric. PLEASE DO NOT DISTURB OCCUPANTS OR WALK ON PROPERTY- DRIVE BY ONLY! The property is located in the rapidly gentrifying location of Highland Park, which is home to a growing number of trendy restaurants, coffee houses and nightlife. The property is in close proximity to York Retail Corridor, Figueroa Retail Corridor, the Gold Line, Downtown Los Angeles, South Pasadena and the San Gabriel Valley.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-14T18:24:36.733. 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 Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.
    www.bestorangecountyhomesearch.com/homes/113001505
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    5637 Hub Street Los Angeles (City), CA 90042

    • Price: $1,549,000
    • Status: Active
    • Updated: 63 min ago
    • ID#: 21675686
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    2,593
    SQFT
    $597
    $/SQFT
    1927
    Built
    Neighborhood:
    632 - Highland Park
    County:
    Los Angeles
    Area:
    632 - Highland Park
    Property Description
    ** $50,000 Price Adjustment ** 14.37 GRM & 5.01% Cap Rate. Submit All Offers. We are pleased to offer this charming 3 Unit multi-family building in one of LA's hottest rental market - North Highland Park! The property was extensively renovated in 2018/2019 with no expense spared. This prime investment boasts one (1) detached 3 Bedroom & 2 Bathroom Single Family Residence that is VACANT and is perfect for an owner-user looking to occupy and rent out the remaining units which are Two (2) 2 Bedroom & 1 Bath Units. Each unit is separately metered for Gas & Electric. PLEASE DO NOT DISTURB OCCUPANTS OR WALK ON PROPERTY- DRIVE BY ONLY! The property is located in the rapidly gentrifying location of Highland Park, which is home to a growing number of trendy restaurants, coffee houses and nightlife. The property is in close proximity to York Retail Corridor, Figueroa Retail Corridor, the Gold Line, Downtown Los Angeles, South Pasadena and the San Gabriel Valley.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet

    Property Features

    Country Us Gross Income 107820.00 Gross Multiplier 14.37 Gross Operating Income 104585.00 Net Operating Income 78100.00 Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 107820.00 Total Expenses 26486.00 Zoning Lar2

    Listing provided courtesy of Eric Dilanian of Remax Commercial And Investment Realty and Enrique Viramontes of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-14T18:24:36.733. 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 Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.
     
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    Doherty Real Estate Group | eXp Realty of California, Inc.
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    Mission Viejo CA, 92691