1540 W 28th, Los Angeles, CA 90007
List Price: $1.52M
Listing Status: Active
0Days on Market: 0
12 Bedrooms · 7 Bathrooms · 3,905 sq ft
Property Type: Residential
Year Built: 1910
Lot Size: 6,778 sq ft
Private Pool: Yes
MLS Number: SR26187181
About This Property
THIS PROPERTY IS A 4-PLEX AND CAN BE FINANCED USING RESIDENTIAL FUNDING...GREAT INVESTMENT OPPORTUNITY. 3 UNITS ARE RENTED, THE LARGE OF THE 4 UNITS IS AVAILABLE FOR THE OWNER OCCUPANT TO RESIDE IN. THE UNIT SIZES ARE: a) 5 BEDROOM + 3.25 BATH; b) 3 BEDROOM + 1 BATH; c) 2 BEDROOM + 1 BATH; d) 2 BEDROOM + 1 BATH. NOW, MONTHLY RENTS ARE AS FOLLOWS: a) NONE; b) $2000; c) $2400; d) $750. THE BUILDING INTERIOR AND EXTERIORS HAVE BEEN REENTLY PAINTED. THE OWNER HAS INSTALLED NEW CLOTHES WASHER AND DRYER FOR ALL TO USE, WHICH IS A RENTED SET AT $120/mo. THERE ARE 5 PARKING SPACES ON THE GROUNDS, 3 ARE ASSIGNED AND 2 ARE FIRST COME FIRST USE. THE PROPERTY IS CLOSE TO USC AND IT IS COMMON TO RENT TO THE STUDENTS AT THE UNIVERSITY. FOR THE FIRST TIME INVESTOR, THIS IS A GREAT OPPORTUNITY TO BUY A HOME THAT GENERATES RENTAL INCOME IMMEDIATELY WITHOUT THE NEED TO ADD AN ADU. THE KITCHENS ALL HAVE STOVES AND REFRIGERATORS. ZONING IS LAR2. THE UNRENTED 5 BEDROOM UNIT IS ABOUT 1500 SQ FT.
Listing provided by: Michael Green DRE #00981395 818-832-3610 mrdgreen@earthlink.net, Michael Green Realty & Inv.
Source: CRMLS, MLS #: SR26187181
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.