For value added investors or 1031 exchange investors, this six-unit apartment complex walking distance to Chinatown and in the Downtown LA/Chinatown submarket offers investors upside opportunity because of unit mix of two studios, one, 1-bedroom unit and three, 2-bedroom units. All tenants are below market rents. The property is located in City of LA RSO. Four of the tenants pay electricity and gas which are separately metered. The building has copper plumbing. Soft story retrofit has been completed in 2022.
Sold for $1,175,000 on 09/16/24
Listing Provided by:
Arnold Ng DRE #01057946 3107149500,
Apex Commercial Real Estate
Bought with: NONMEMBER MRML
$1,175,000
415 Cottage Home St, Los Angeles, CA 90012
7beds
6baths
3,690sqft
Multi Family
Built in 1966
-- sqft lot
$1,153,400 Zestimate®
$318/sqft
$3,059 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 04, 2024 at 07:36pm
Listing Provided by:
Arnold Ng DRE #01057946 3107149500,
Apex Commercial Real Estate
Bought with:
Jason Woods, DRE #01826464
NONMEMBER MRML
Source: CRMLS,MLS#: SB24116264
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
Bedroom
- Features: Bedroom on Main Level
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Free-Standing Range, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Dryer, Washer
- Laundry: Common Area
Features
- Beamed Ceilings, Unfurnished, Bedroom on Main Level
- Flooring: Laminate
- Has fireplace: Yes
- Fireplace features: Kitchen, Primary Bedroom
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,690
- Total interior livable area: 3,690 sqft
Property
Parking
- Total spaces: 6
- Parking features: Carport
- Carport spaces: 6
Features
- Entry location: mid-level
- Pool features: None
Lot
- Size: 4,800 sqft
- Features: Street Level
Details
- Parcel number: 5414018005
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Copper Plumbing
Condition
- New construction: No
- Year built: 1966
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Connected
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Los Angeles
HOA & financial
Other financial information
- Total actual rent: 6812
Other
Other facts
- Listing terms: Cash,1031 Exchange
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Estimated market value
$1,153,400