Properties
Los Angeles, CA 90008 3039 W Vernon
$1,169,000
7 more
Presented By: Daniel Diaz with First Family Homes; 562-843-4887
Baths • 1
SQFT • 4,608
Garage • 4
Home Details
FIRST TIME IN THE MARKET IN THE LAST 50 YEARS.
THE SUBJECT PROPERTY IS A EIGHT-UNIT APARTMENT BUILDING LOCATED IN THE LEIMERT PARK NEIGHBORHOOD OF LOS ANGELES. THE COMPLEX WAS BUILT IN 1953 THE BUILDING FEATURES BALANCED UNIT MIX OF SIX 1 BEDROOM, 1 BATHROOM UNITS AND TWO 1 BEDROOM, 1 BATHROOM UNITS. THIS PROPERTY PRESENTS A GOOD OPPORTUNITY FOR INVESTORS SEEKING POTENTIAL INCOME, THERE ARE 4 UNITS VACANT WHICH COULD RENT UP TO CURRENT RENT MARKET VALUE, PROPERTY COMES WITH 4 CAR GARAGES IDEAL TO MAKE LARGE ADU OR EVEN 2 JUNIOR ADU.
OWNER HAS DONE A GREAT JOB MAINTAINING THESE 8 UNITS.
Presented By: Daniel Diaz with First Family Homes; 562-843-4887
Interior Features for 3039 W Vernon
Other Interior Features
Common Walls1 Common Wall
Laundry FeaturesCommon Area
Total Stories2
Other Rooms
Entry Level1
General for 3039 W Vernon
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityLos Angeles
Community FeaturesStreet Lights
CountyLos Angeles
Directionsvernon ave and 8th St
Entry Location1
Garage Spaces4
Garage Y/NYes
Gross Income121060
Insurance Expense5200
Land Lease Y/NNo
Listing TermsCash, Cash to New Loan, Conventional
Lot Size Square Feet5010
Lot Size UnitsSquare Feet
MLS AreaC16 - Mid Los Angeles
Net Operating Income113560.6
New ConstructionNo
Number Of Units Total8
Operating Expense8560
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, Trust
Standard StatusActive
StatusActive
Tax Lot17
Tenant PaysElectricity, Gas
Trash Expense650
Water Sewer Expense2800
Year Built1953
Year Built SourceAssessor
Exterior for 3039 W Vernon
Building Area Total4608
Lot FeaturesRectangular Lot
Lot Size Acres0.115
Lot Size Area5010
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters8
Number of Separate Gas Meters8
Number of Separate Water Meters1
Private PoolNo
Total Parking4
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
