Properties
Los Angeles, CA 90008 3955 2nd Avenue
$950,000
7 more
Presented By: Jerome McAlpin with McAlpin & Company;
Beds • 6
Baths • 1
SQFT • 3,174
Garage • 1
Home Details
The subject property is a six-unit apartment building located in the Leimert Park neighborhood of Los Angeles. The complex was built in 1933 and contains of 3,174 square feet. There is a large 6,500 square feet lot which is zoned LAR1. The unit mix consists of all one-bedrooms averaging almost 600 square feet each. The monthly income is $6,321 per month and $75,860 annually. With a GRM of 12.5 and extremely low rents there is plenty of upside for a new owner
Presented By: Jerome McAlpin with McAlpin & Company;
Interior Features for 3955 2nd Avenue
Bedrooms
Total Bedrooms6
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths6
Other Interior Features
Air Conditioning Y/NNo
Heating Y/NYes
Total Stories1
General for 3955 2nd Avenue
Buyer FinancingCash
Cap Rate5.71
CityLos Angeles
CoolingNone
CountyLos Angeles
DirectionsMartin Luther King, Jr. Blvd and Crenshaw
Full Baths
Gross Income75860
HOANo
HeatingWallFurnace
LevelsTwo
Living Area3174
Lot Size Square Feet6562
Lot Size UnitsSquareFeet
MLS AreaPHHT - Park Hills Heights
Net Operating Income54234
New ConstructionNo
Number Of Units Total6
PostalCityLOS ANGELES
Property TypeResidentialIncome
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tenant PaysElectricity, Gas
Year Built1933
ZoningLAR1
Exterior for 3955 2nd Avenue
Building Area Total3174
Lot Dimensions50x130
Lot Size Acres0.1506
Lot Size Area6562
Number of Buildings2
Parking FeaturesConvertedGarage
Total Parking0
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
