Properties
Los Angeles, CA 90006 1038 Dewey Avenue
$2,290,000
1 more
Presented By: Jae Sung Choi with Ivy Realty Co.;
Beds • 8
Baths • 5
SQFT • 5,216
Home Details
SITUATED IN THE PRIME LOCATION HIGHLY DESIRABLE MID -WILSHIRE. BUILTED 1989. OFFERS EXCELENT CASH FLOW FULLY OCCUPIED. THIS APATMENT CONSIST OF TWO 2bed, 2bath plus DEN UNIT ON THE SECOND FLOOR AND FOUR 1bed 1bath UNIT ON THE THIRD FLOOR. THE GROUND LEVEL OFFERS EIGHT side by side PARKING SPACE. THIS APARTMENT ATTRACTS STRONG TENANTS DEMAND GIVEN ITS CLOSE PROXIMITY TO DOWNTOWN LA,USC and MAJOR EMPLOYMENT CENTERS, THE LOCATION ALSO OFFERS EXCELENT CONECTIVITY VIA THE 10 FREEWAY AND 110 FREEWAY AND MULTIFUL METRO BUS AND RAIL LINES, PROVIDING CONVENIENT ACCES THROUGHOUT THE CITY. THIS APARTMENT IS FULLY OCCUPIRD BY RESPENSIBLE TENANTS, ENSURING STABLE CASH FLOW.
Presented By: Jae Sung Choi with Ivy Realty Co.;
Interior Features for 1038 Dewey Avenue
Bedrooms
Total Bedrooms8
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths8
Other Interior Features
Air Conditioning Y/NYes
Laundry FeaturesNone
Total Stories1
General for 1038 Dewey Avenue
AppliancesRefrigerator
Cap Rate5
CityLos Angeles
CoolingWall/Window Unit(s)
CountyLos Angeles
DirectionsSouth of Olympic Blvd and West of Vermont Ave
Full Baths
Gross Income171000
HOANo
LevelsOne
Living Area5216
Lot Size Square Feet5908
Lot Size UnitsSquare Feet
MLS AreaC17 - Mid-Wilshire
Net Operating Income118775
New ConstructionNo
Number Of Units Total6
PossessionClose Of Escrow
PostalCityLOS ANGELES
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Year Built1989
ZoningLAR4
Exterior for 1038 Dewey Avenue
Building Area Total5216
Lot Size Acres0.1356
Lot Size Area5908
Number of Buildings1
Parking FeaturesAssigned
Total Parking8
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
