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6806 S Van Ness Avenue

Los Angeles, CA 90047
  • $1,050,000
  • STATUS: ACTIVE
  • ON SITE: 86 Days
  • ID#: DW22037412
UPDATED: 37 min ago
$1,050,000
  • 5
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Huge Price Reduction!! REMODELED CASH COW!!! $79,200 Gross Rents, ($64,096 NOI) and 5.83 CAP!! HIGH RENTAL DEMAND AREA that has GREAT RENTAL PRICES!! Three units: (1) 3 Bed/1 Bath, (1) 2 Bed/1 Bath with a roof deck (DTLA views), (1) ADU (studio). Copper plumbing and new wiring. Property will be delivered completely VACANT (choose your own tenants). This home has been remodeled with exceptional amenities. Modern inspired designed inside and out. Situated in a highly desirable location in close proximity to Hyde Park and SoFi Stadium. The ground level features 3 bedrooms and 1 bathroom with gourmet kitchen including custom cabinetry, upgraded stainless steel appliances, and a spacious dining area. The second story holds 2 bedrooms and 1 bathroom with a separate entrance. Home has a new HVAC system and water heaters. The walk-through kitchen leads out to the back yard and a detached two-car garage with an amazing ADU conversion. Property is close to multiple freeways. Walk Score is 70 (Somewhat Walkable) & Transit Score is 53 (GOOD TRANSIT) This is a great investment ready for the right Buyer. Huge Price Reduction!! REMODELED CASH COW!!! $79,200 Gross Rents, ($64,096 NOI) and 5.83 CAP!! HIGH RENTAL DEMAND AREA that has GREAT RENTAL PRICES!! Three units: (1) 3 Bed/1 Bath, (1) 2 Bed/1 Bath with a roof deck (DTLA views), (1) ADU (studio). Copper plumbing and new wiring. Property will be delivered completely VACANT (choose your own tenants). This home has been remodeled with exceptional amenities. Modern inspired designed inside and out. Situated in a highly desirable location in close proximity to Hyde Park and SoFi Stadium. The ground level features 3 bedrooms and 1 bathroom with gourmet kitchen including custom cabinetry, upgraded stainless steel appliances, and a spacious dining area. The second story holds 2 bedrooms and 1 bathroom with a separate entrance. Home has a new HVAC system and water heaters. The walk-through kitchen leads out to the back yard and a detached two-car garage with an amazing ADU conversion. Property is close to multiple freeways. Walk Score is 70 (Somewhat Walkable) & Transit Score is 53 (GOOD TRANSIT) This is a great investment ready for the right Buyer.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
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6806 S Van Ness Avenue Los Angeles, CA 90047

  • Price: $1,050,000
  • Status: ACTIVE
  • On Site: 86 Days
  • Updated: 37 min ago
  • ID#: DW22037412
5
Beds
0
Baths
0
½ Baths
0.11
Acres
Neighborhood:
Los Angeles (90047)
County:
Los Angeles
Area:
Los Angeles (90047)
Property Description
Huge Price Reduction!! REMODELED CASH COW!!! $79,200 Gross Rents, ($64,096 NOI) and 5.83 CAP!! HIGH RENTAL DEMAND AREA that has GREAT RENTAL PRICES!! Three units: (1) 3 Bed/1 Bath, (1) 2 Bed/1 Bath with a roof deck (DTLA views), (1) ADU (studio). Copper plumbing and new wiring. Property will be delivered completely VACANT (choose your own tenants). This home has been remodeled with exceptional amenities. Modern inspired designed inside and out. Situated in a highly desirable location in close proximity to Hyde Park and SoFi Stadium. The ground level features 3 bedrooms and 1 bathroom with gourmet kitchen including custom cabinetry, upgraded stainless steel appliances, and a spacious dining area. The second story holds 2 bedrooms and 1 bathroom with a separate entrance. Home has a new HVAC system and water heaters. The walk-through kitchen leads out to the back yard and a detached two-car garage with an amazing ADU conversion. Property is close to multiple freeways. Walk Score is 70 (Somewhat Walkable) & Transit Score is 53 (GOOD TRANSIT) This is a great investment ready for the right Buyer. Huge Price Reduction!! REMODELED CASH COW!!! $79,200 Gross Rents, ($64,096 NOI) and 5.83 CAP!! HIGH RENTAL DEMAND AREA that has GREAT RENTAL PRICES!! Three units: (1) 3 Bed/1 Bath, (1) 2 Bed/1 Bath with a roof deck (DTLA views), (1) ADU (studio). Copper plumbing and new wiring. Property will be delivered completely VACANT (choose your own tenants). This home has been remodeled with exceptional amenities. Modern inspired designed inside and out. Situated in a highly desirable location in close proximity to Hyde Park and SoFi Stadium. The ground level features 3 bedrooms and 1 bathroom with gourmet kitchen including custom cabinetry, upgraded stainless steel appliances, and a spacious dining area. The second story holds 2 bedrooms and 1 bathroom with a separate entrance. Home has a new HVAC system and water heaters. The walk-through kitchen leads out to the back yard and a detached two-car garage with an amazing ADU conversion. Property is close to multiple freeways. Walk Score is 70 (Somewhat Walkable) & Transit Score is 53 (GOOD TRANSIT) This is a great investment ready for the right Buyer.
Exterior Features

Pool N/K Site Sidewalks

Interior Features

Cooling Central Forced Air Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1

Property Features

Actual Cap Rate 5.66 Annual Expense Actual 15400 Buildings 2 Cfd Mello Roos Fee 295.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 13.89 Gross Scheduled Income Actual 79200 Terms ConventionalFha Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit1 Rent Actual 3200.0 Unit2 Rent Actual 2400.0 Unit3 Rent Actual 1000.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of West Shores Realty, Inc.. Listing information © 2022 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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Yarbrough Group
2445 Truxtun Rd., Ste 108
San Diego CA, 92106