Property Detail - MLS#F1768634

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$3,395,000

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724 South Berendo Street
Los Angeles, CA 90005

  • Beds: 0
  • Full Baths: 0
  • Half Baths: 0
  • Sq Ft: 14,250
  • Lot Size:
  • Year Built: 1992
  • Type: Multi-Family Home
  • County: LOS ANGELE
  • Status: Active
  • Subdivision:
  • Area:

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Description

The rents are going up on this non-rent controlled building. Walk to Wilshire, close to Metro Red Line, brand new schools, and shopping! All units have parking and central air/heat. This is a geat 1031 exchange! Income figures and GRM based on actual numbers!

  • Interior Features
  • Accessibility Features: Disability Access: Elevator, Elevator
  • Amenities: Spa Description: No Spa, Amenities: Y
  • Flooring: Floors Description: Carpet - Partial, Laminate
  • Heating/Cooling: Heat System: Central, Water Heater Description: Natural Gas, Cool System: Y
  • Sqft Source: Square Foot Source: Assessor, Building Sqft: 14250
  • Appliances: Range(s): 18, Refrigerator(s): 5, Water Heater , Disposals: 18
  • Included Items: Drapes: 18
  • Electric: Electric Meter: 19
  • Exterior Features
  • Construction: Exterior Construction: Stucco
  • Garage/Parking: Number of Parking Spaces: 22, Number of Spaces: 22, Parking: Assigned Parking, Controlled Entrance, Paved Area
  • Lot: Lot Size Source: Assessor, Fee for Land Lease , Lot Description: Alley Access, Lot: 22
  • Property Amenities: Sprinkler System: Sprinklers
  • Style: Style: Contemporary
  • Building: Buildings: 1, Carpeted: 18
  • Entry: Entry Locaton: Ground Level w/steps
  • Location: Cross Street: 7th Street
  • Water/Sewer: Water: District/Public, Sewer: In Street Paid, Water District: DWP
  • Exterior Feature: Roof Description: Other
  • Community Features
  • Utilities: Water Meters: 1, Gas Meter: 19
  • Zoning: Zoning: LAR4
  • Community Details: Builder Tract Name: Other, Management Company: LRS Realty & Management, Inc
  • Financial: Operating Income: 204830, Price Per Sqft: 238.25, Annual Gross Income: 204830, Operating Expenses: 83250, Gross Monthly Income: 24170, Annual Gross Rent: 286080, Income Gross Multiplier: 11.87, Gross Scheduled Income: 286080, Trash Expense: 2796, Tenant Pays Cable, Gas Expense: 6600, Manager Expense: 12000, Pest Expense: 456, Gardener Expense: 1080, Tax Expense: 42288, Electric Exense: 6000, Tenant Pays Electric, Insurance Expense: 4116, Assessment: Koreatown (KRE, Tenant Pays Gas, Management Expense: 9450, Elevator Expense: 1980, Water & Sewer Expense: 14400, License Expense: 54
  • Possession: Possession: Negotiable
  • School Information
    Listing information courtesy of: LRS Realty & Management Inc.
    Agent: Alec Ira Bernstein



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    Data last updated: 8/28/2008.

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