Properties
Los Angeles, CA 90018 3601 W Washington
$2,400,000
12 more
Presented By: Andres Diaz with FACTIO GROUP; 323-376-2469
Baths • 1
SQFT • 13,818
Garage • 7
Home Details
3601 W. Washington Boulevard is being offered for sale for the first time in forty (40) years. The 12-unit apartment complex is located in the Arlington Heights submarket of Los Angeles -- near Mid-City. The opportunity consists of three separate structures totaling 13,818 rentable square feet for 12 units. Each unit measures at least 1,100 square feet and is separately metered for gas and electricity. The property offers seven (7) single car garages and ample parking on the large lot. Lastly, there is approximately 44% rental upside that can be achieved as units turnover.
Presented By: Andres Diaz with FACTIO GROUP; 323-376-2469
Interior Features for 3601 W Washington
Other Interior Features
Air Conditioning Y/NYes
Common Walls2+ Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NNo
Interior AmenitiesHigh Ceilings
Laundry FeaturesLaundry Closet
Total Stories2
Other Rooms
Entry Level1
General for 3601 W Washington
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate5.78
CityLos Angeles
Community FeaturesSidewalks
CoolingWall/Window Unit(s)
CountyLos Angeles
Directionson the corner of 6th Avenue and W. Washington Boulevard
Electric Expense1500
Entry Location1st
Fuel Expense3000
Garage Spaces7
Garage Y/NYes
Gross Income2160
HeatingNone
Insurance Expense12000
Land Lease Y/NNo
Listing TermsCash to New Loan
Lot Size Square Feet1997
Lot Size UnitsSquare Feet
MLS AreaC16 - Mid Los Angeles
MaintenanceExpense10800
Net Operating Income138616
New ConstructionNo
Number Of Units Total12
Open Parking Spaces7
Operating Expense114971
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot10
Taxes$28,800
Trash Expense9656
Water Sewer Expense23414
Year Built1917
Year Built SourceAssessor
Exterior for 3601 W Washington
Building Area Total13818
Lot Features11-15 Units/Acre, Front Yard, Garden, Landscaped
Lot Size Acres0.0458
Lot Size Area1997
Lot Size SourceAssessor
Number of Buildings3
Number of Separate Electric Meters12
Number of Separate Gas Meters12
Number of Separate Water Meters1
Private PoolNo
Total Parking14
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
