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800 New Depot Street
CHNA - Chinatown Los Angeles 90012

$1,348,800
Residential Income built: 1966

Main Photo: 800 New Depot Street in Los Angeles: Residential Income for sale (CHNA - Chinatown)  : MLS®# RS24234276
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Status:
Active
Prop. Type:
Residential Income
MLS® Num:
RS24234276
Year Built:
1966
Investment Opportunity in Chinatown – Fourplex with Endless Potential! Located just minutes from Downtown LA. This versatile fourplex is nestled in the heart of Chinatown, offering endless investment potential with proximity to some of the city's top destinations like Dodger Stadium, Union Station, Little Tokyo, and Crypto Arena. With quick access to the 110 and 101 freeways, this property is perfect for those looking for convenience and connectivity. Each of the four condo-style units provides privacy for tenants. Three of the 4 units are ready for new ownership to set rental rates to market value. Unit Layouts show: MAIN UNIT #1 comes with spacious 3 bedrooms and 2 bathrooms, featuring a large living room and kitchen – ideal for families or shared living. UNIT#2 & #3, each offers 2 bedrooms and 1 bathroom, along with a generously sized living room and kitchen, perfect for roommates or small families. UNIT 2A provides 1 bedroom and 1 bathroom with a well-sized living room and kitchen, catering to singles or couples. The property also includes a large three-car garage, a substantial basement for additional storage or potential enhancements, and a convenient coin-operated laundry room that adds to the appeal for tenants. This fourplex offers endless possibilities for investors to maximize rental income in a high-demand area of Los Angeles. Don’t miss out on this rare opportunity to own a multi-family property with strong growth potential in a vibrant, well diverse and dynamic neighborhood!
Property Sub Type:
Quadruplex
Property Attached:
No
Lot Area:
5,159 sq. ft.
Bathrooms:
- (Full:-, Half:-)
Year built:
1966 (Age: 58)
General Listing Location:
Los Angeles, CHNA - Chinatown
County Or Parish:
Los Angeles
Tenant Pays:
All Utilities
Common Interest:
None
Gross Income:
$12,000
Gross Scheduled Income:
$12,000
Net Operating Income:
$2,594
Rent Control:
Yes
Total Actual Rent:
$12,000
Association Fee:
$0
Land Lease:
No
Insurance Expense:
$2,662
Licenses expense:
107.0
Maintenance Expense:
$659
Operating Expense:
$9,406
Other Expense:
$2,830
Trash Expense:
$1,000
Water and Sewer Expense:
$2,148
Tax Lot:
15
Tax Block:
5
110 / Cesar Chavez Avenue
Number of Buildings:
1
# of Electric Meters:
4
# of Gas Meters:
4
# of Water Meters:
1
# Units Leased:
1
Community Features:
Street Lights
Senior Community:
No
Laundry Features:
Laundry Room
Pool Features:
None
Private Pool:
No
Lot Features:
Gentle Sloping
Fireplace Features:
None
Levels:
One, Multi/Split
Num Stories:
3
Entry Level:
2
Entry Location:
steps required
New Constr.:
No
Common Walls:
No Common Walls
# Units:
4
Fireplace:
No
Cooling:
Wall/Window Unit(s)
Water supply:
Public
Sewer:
Public Sewer
Garage Spaces:
3
Total Parking Spaces:
3
Parking Features:
Covered, Garage Faces Front, Garage, On Street
Special Listing Conditions:
Trust
Parcel Number:
5407007013
Zoning:
LAR4
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Listed by C-21 Astro
Data was last updated November 15, 2024 at 10:40 PM (UTC)