• Asking Price $1,689,000
  • Estimated Value: $1,672,482

  • 229 W 28TH ST LOS ANGELES, CA 90007

  • 8 Beds 8 Baths 2,585 SqFt
  • Townhouse or Condo / Resale (MLS)
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Property Details for 229 W 28TH ST, LOS ANGELES, CA 90007

Features

  • Price/sqft: $653
  • Lot Size: 6590 sq. ft.
  • Total Units: 2
  • Total Rooms: 11
  • Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Kitchen
  • Heating: 24

Facts

  • Year Built: 01/01/1903
  • Property ID: 847610119
  • MLS Number: SR24085132
  • Parcel Number: 5122-012-003
  • Property Type: Townhouse or Condo
  • County: LOS ANGELES
  • Legal Description: SNYDER AND WADES SUB OF THE NORTH HALF OF THE FRIEND TR NW 5 FT OF LOT 31 AND ALL OF LOT/SEC 32
  • Zoning: LAM1
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Location, Location! The best location is adjacent to downtown and USC. Downtown is 2.4 miles away, and USC is within walking distance of approximately 1.1 miles, about a 20-minute walk. Sitting on a 6,590 SF lot, there are two separate units with addresses 229 and 231. Both units underwent a complete remodeling in 2000, including new rooms, bathrooms, two kitchens, interior design, new HVAC system, new appliances, and a yard. Each remodeled unit consists of four rooms, each with its own bathroom. There are a total of 8 wall-mounted HVAC units installed, one in each room. The yard is covered with concrete and requires minimal maintenance. Two refrigerators are included, and each unit has its own separate electric, gas, and water meters. Recent remodeling ensures low maintenance and maximizes income potential. The current actual rent from tenants is $7,100, with a proforma rent income of $8,000. With independent bathrooms and air conditioning in each room, this property is ideal as a room rental for USC students or downtown professionals, providing optimal income potential.

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Property Brokerage: Real Estate eBroker Inc. 10727 White Oak Ave. Ste. 112 Granada Hills CA 91344
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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