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    2518 S Harcourt Avenue

    Los Angeles, CA 90016
    • $1,499,000
    • STATUS: ACTIVE
    • ON SITE: 444 days
    • ID#: 301749035
    UPDATED: 52 min ago
    $1,499,000
    • 7
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    SOLID INCOME PROPERTY IN UP AND COMING WEST ADAMS DISTRICT. TWO BUILDINGS ARE ON A LOT. FRONT BUILDING HAS TWO UNITS. FIRST AND SECOND FLOOR. BOTH UNITS HAVE 2 BED AND 1 BATH WITH LARGE LIVING AREA. BACK BUILDING HAS TWO UNITS. FIRST AND SECOND FLOOR. FIRST FLOOR UNIT IS 1 BED AND 1 BATH, COMPLETELY UPGRADED. SECOND FLOOR UNIT HAS 2 BED AND 1 BATH, COMPLETELY UPGRADED WITH A LARGE LIVING ROOM AND KITCHEN HAS A ISLAND. NEW OWNER HAS the OPTION TO LIVE IN ONE OF THE REMODELED UNIT. BACK BUILDING HAS A ENCLO SOLID INCOME PROPERTY IN UP AND COMING WEST ADAMS DISTRICT. TWO BUILDINGS ARE ON A LOT. FRONT BUILDING HAS TWO UNITS. FIRST AND SECOND FLOOR. BOTH UNITS HAVE 2 BED AND 1 BATH WITH LARGE LIVING AREA. BACK BUILDING HAS TWO UNITS. FIRST AND SECOND FLOOR. FIRST FLOOR UNIT IS 1 BED AND 1 BATH, COMPLETELY UPGRADED. SECOND FLOOR UNIT HAS 2 BED AND 1 BATH, COMPLETELY UPGRADED WITH A LARGE LIVING ROOM AND KITCHEN HAS A ISLAND. NEW OWNER HAS the OPTION TO LIVE IN ONE OF THE REMODELED UNIT. BACK BUILDING HAS A ENCLOSED GARAGE WITH REMOTE. CURRENT OWNER IS PLANNING TO REMODEL THE FRONT BUILDING UNITS BUT POTENTIAL BUYER CAN TAKE OVER THE PROPERTY AS IS WITH REPAIR CREDIT. POTENTIAL GRM IS 15 WHICH IS VERY SOLID RETURN IN TODAY'S MARKET CONDITION.

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    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 © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.yournextcalihome.com/homes/100665346
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    2518 S Harcourt Avenue Los Angeles, CA 90016

    • Price: $1,499,000
    • Status: ACTIVE
    • Updated: 52 min ago
    • ID#: 301749035
    7
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    1923
    Built
    Neighborhood:
    Los Angeles (90016)
    County:
    Los Angeles
    Area:
    Los Angeles (90016)
    Property Description
    SOLID INCOME PROPERTY IN UP AND COMING WEST ADAMS DISTRICT. TWO BUILDINGS ARE ON A LOT. FRONT BUILDING HAS TWO UNITS. FIRST AND SECOND FLOOR. BOTH UNITS HAVE 2 BED AND 1 BATH WITH LARGE LIVING AREA. BACK BUILDING HAS TWO UNITS. FIRST AND SECOND FLOOR. FIRST FLOOR UNIT IS 1 BED AND 1 BATH, COMPLETELY UPGRADED. SECOND FLOOR UNIT HAS 2 BED AND 1 BATH, COMPLETELY UPGRADED WITH A LARGE LIVING ROOM AND KITCHEN HAS A ISLAND. NEW OWNER HAS the OPTION TO LIVE IN ONE OF THE REMODELED UNIT. BACK BUILDING HAS A ENCLO SOLID INCOME PROPERTY IN UP AND COMING WEST ADAMS DISTRICT. TWO BUILDINGS ARE ON A LOT. FRONT BUILDING HAS TWO UNITS. FIRST AND SECOND FLOOR. BOTH UNITS HAVE 2 BED AND 1 BATH WITH LARGE LIVING AREA. BACK BUILDING HAS TWO UNITS. FIRST AND SECOND FLOOR. FIRST FLOOR UNIT IS 1 BED AND 1 BATH, COMPLETELY UPGRADED. SECOND FLOOR UNIT HAS 2 BED AND 1 BATH, COMPLETELY UPGRADED WITH A LARGE LIVING ROOM AND KITCHEN HAS A ISLAND. NEW OWNER HAS the OPTION TO LIVE IN ONE OF THE REMODELED UNIT. BACK BUILDING HAS A ENCLOSED GARAGE WITH REMOTE. CURRENT OWNER IS PLANNING TO REMODEL THE FRONT BUILDING UNITS BUT POTENTIAL BUYER CAN TAKE OVER THE PROPERTY AS IS WITH REPAIR CREDIT. POTENTIAL GRM IS 15 WHICH IS VERY SOLID RETURN IN TODAY'S MARKET CONDITION.
    Exterior Features

    Exterior Stucco Pool N/K Site Sidewalks

    Interior Features

    Cooling N/K Heat Equipment Forced Air Unit Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1

    Property Features

    Annual Expense Actual 18750 Buildings 2 Gross Scheduled Income Actual 97800 Home Owners Fees 0.0 Terms Cash Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 0.0 Unit2 Rent Actual 2100.0 Unit3 Rent Actual 2300.0 Unit4 Rent Actual 1650.0 Water Meter On Property Zoning Lard1.5

    Listing provided courtesy of Stanford Raffles Commercial. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    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 © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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    San Diego CA, 92131