3579 E 1ST Street, Los Angeles, CA 90063
Property · 2 recorded sales since 2015
Sold August 2016
Listing Agent: George Gorgy (DRE #01145543) · Listing Office: Premier Investors R.E., Inc. · Contact: 626-279-6938 · Bought with: JASON TUEY · KIM TUEY, REAL ESTATE BROKER · MLS #16128272 · Source: CRMLS
About this property
Completely Remodeled, fully occupied in a NON RENT CONTROL AREA. Fabulous cash flow!! 7.25 cap. Turn key property in an excellent location with a very strong rental market. Last unit in the rent roll is a commercial store that is rented out to a market for 3 years with yearly increases already factored into the lease. The building shows very well. Please send clients by without walking on the property. Tenants are not aware of the sale. The Rents are actual. The expenses are very minimal, separate metered for electric and master metered for the gas. The seller has permits to show property is approx. 4000 square feet of building. Rents are bit different for the 2 bedroom units because the unit sizes are different. Stainless steel appliances such as range and Refrigerator are included and provided by the seller for the tenants. All units have been remodeled and have Window AC units.
Listing description from the August 2016 sale, as reported to CRMLS.
Sale history
