1540 W 28th, Los Angeles, CA 90007
1540 W 28th, Los Angeles, CA 90007
1540 W 28th, Los Angeles, CA 90007
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$1,520,000
Est. payment /mo
12 Beds
7 Baths
3,905 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 3,905 sqft

Price per Sqft $389

MLS Listing ID SR26187181

Bedrooms 12

Full Baths 6

HOA Y/N No

Year Built 1910

Lot Size 6,777 Sqft

Property Sub-Type Quadruplex

Property Description

THIS PROPERTY IS A 4-PLEX AND CAN BE FINANCED USING RESIDENTIAL FUNDING...GREAT INVESTMENT OPPORTUNITY. 3 UNITS ARE RENTED, THE LARGE OF THE 4 UNITS IS AVAILABLE FOR THE OWNER OCCUPANT TO RESIDE IN. THE UNIT SIZES ARE: a) 5 BEDROOM + 3.25 BATH; b) 3 BEDROOM + 1 BATH; c) 2 BEDROOM + 1 BATH; d) 2 BEDROOM + 1 BATH. NOW, MONTHLY RENTS ARE AS FOLLOWS: a) NONE; b) $2000; c) $2400; d) $750. THE BUILDING INTERIOR AND EXTERIORS HAVE BEEN REENTLY PAINTED. THE OWNER HAS INSTALLED NEW CLOTHES WASHER AND DRYER FOR ALL TO USE, WHICH IS A RENTED SET AT $120/mo. THERE ARE 5 PARKING SPACES ON THE GROUNDS, 3 ARE ASSIGNED AND 2 ARE FIRST COME FIRST USE. THE PROPERTY IS CLOSE TO USC AND IT IS COMMON TO RENT TO THE STUDENTS AT THE UNIVERSITY. FOR THE FIRST TIME INVESTOR, THIS IS A GREAT OPPORTUNITY TO BUY A HOME THAT GENERATES RENTAL INCOME IMMEDIATELY WITHOUT THE NEED TO ADD AN ADU. THE KITCHENS ALL HAVE STOVES AND REFRIGERATORS. ZONING IS LAR2. THE UNRENTED 5 BEDROOM UNIT IS ABOUT 1500 SQ FT.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Rooms

Main Level Bedrooms 12

Interior

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Stacked

Exterior

Pool None

Community Features Curbs, Sidewalks

View Y/N No

View None

Private Pool No

Building

Dwelling Type Quadruplex

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 5054034001

Acceptable Financing Cash, Cash to New Loan, Conventional, Contract, FHA 203(b), FHA, Fannie Mae

Listing Terms Cash, Cash to New Loan, Conventional, Contract, FHA 203(b), FHA, Fannie Mae

Special Listing Condition Standard


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Listed by Michael Green Michael Green Realty & Inv. 818-642-5843, DRE #00981395

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1540 W 28th

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