2108 Maple Avenue, Los Angeles, CA 90011

$3,600,000
13
BD
26
BA
16,152
SqFt

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List Price
$3,600,000
Status
ACTIVE
MLS#
26653873
Year Built
1911
Bedrooms
13
Bathrooms
26
Living Sq. Ft
16,152
Lot Size
8,823
Acres
0.20
Lot Location
Corners Marked
Days on Market
163
Property Type
Multifamily
Stories
Three Or More Levels

Property Description

RENTAL INCOME: $416,412.00 per year / $34,701.00 per month. Excellent opportunity to acquire a 26-unit apartment building in the Downtown L.A. / South Park area just south of the 10 Freeway. This 3-story, 16,152 sq. ft. building resides on an 8,823 sq. ft. corner lot which consists of thirteen 1 bed/1bath units and thirteen studios. Tremendous upside potential and is perfect for the investor looking to add more units to their portfolio at a low $138,461.00 cost per unit / $222.88 cost per square foot. The building is well taken care of and all units are mastered metered. The property is located several blocks south of the 10 Freeway on an excellent and quiet stretch of Maple Ave. and directly across the street from the Santee Education Complex. Excellent on-site manager / handy man. This asset is positioned in the northwest area of the 90011 zip code and 1.5 miles from the Crypto.com Arena. Large 1,000 sq. ft. plus basement that can potentially be used as laundry area. Seller selects all services.

Additional Information

Appliances
Refrigerator
Cooling Description
None
Attached Structure
Detached
Number Of Units Total
26

Listing courtesy of Listing Agent: Billy Rojas (williamyesidrojas@hotmail.com) from Listing Office: Ashby & Graff.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.