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    6933 Glasgow Avenue

    Los Angeles, CA 90045
    • $1,649,000
    • STATUS: ACTIVE
    • ON SITE: 28 days
    • ID#: IN21074357
    UPDATED: 55 min ago
    $1,649,000
    • 9
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    New Price. Not much for sale Rare opportunity 4Plex in prime location. Rear 2 story Owner's home 3 bed 2 bath with big private yard. front 3 unit building all 2 Bed 1 bath units. Light & bright units with lots of windows. 'Caringly Hands-on owner- managed', fully occupied, all paying, quality tenants. Long term tenants, Huge upside in rent for new owner to keep increasing the cash flow. On site 5 parking include 3 single garages. 1 Garage for owner. Very Easy to manage by any owner with Low maintenance & Low Expenses. Tenants pay electric, Gas & Trash. owner pays Water & gardener only. Upgrades Include Mostly copper plumbing, All new double pane windows. Hardwood Floors. Prime Westchester Triangle area going thru lots of new development. LAR3 Zoning, Buyer to independently verify & Rely on, per L A city Build 9 units 'By Right' & 13 units due to transportation bonus zoning. Pride of ownership, Always in demand Low vacancy area. Proforma rents could give $132,000 per year income giving a Low 12.5 GRM. Convenient Central location giving easy access to LAX, 405 FWY, La Cienega and westside, South bay & Eastside Amenities. One Garage New owner can keep it or rent it out at $150-200/Mo. New Price. Not much for sale Rare opportunity 4Plex in prime location. Rear 2 story Owner's home 3 bed 2 bath with big private yard. front 3 unit building all 2 Bed 1 bath units. Light & bright units with lots of windows. 'Caringly Hands-on owner- managed', fully occupied, all paying, quality tenants. Long term tenants, Huge upside in rent for new owner to keep increasing the cash flow. On site 5 parking include 3 single garages. 1 Garage for owner. Very Easy to manage by any owner with Low maintenance & Low Expenses. Tenants pay electric, Gas & Trash. owner pays Water & gardener only. Upgrades Include Mostly copper plumbing, All new double pane windows. Hardwood Floors. Prime Westchester Triangle area going thru lots of new development. LAR3 Zoning, Buyer to independently verify & Rely on, per L A city Build 9 units 'By Right' & 13 units due to transportation bonus zoning. Pride of ownership, Always in demand Low vacancy area. Proforma rents could give $132,000 per year income giving a Low 12.5 GRM. Convenient Central location giving easy access to LAX, 405 FWY, La Cienega and westside, South bay & Eastside Amenities. One Garage New owner can keep it or rent it out at $150-200/Mo.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
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    6933 Glasgow Avenue Los Angeles, CA 90045

    • Price: $1,649,000
    • Status: ACTIVE
    • Updated: 55 min ago
    • ID#: IN21074357
    9
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    Neighborhood:
    Los Angeles (90045)
    County:
    Los Angeles
    Area:
    Los Angeles (90045)
    Property Description
    New Price. Not much for sale Rare opportunity 4Plex in prime location. Rear 2 story Owner's home 3 bed 2 bath with big private yard. front 3 unit building all 2 Bed 1 bath units. Light & bright units with lots of windows. 'Caringly Hands-on owner- managed', fully occupied, all paying, quality tenants. Long term tenants, Huge upside in rent for new owner to keep increasing the cash flow. On site 5 parking include 3 single garages. 1 Garage for owner. Very Easy to manage by any owner with Low maintenance & Low Expenses. Tenants pay electric, Gas & Trash. owner pays Water & gardener only. Upgrades Include Mostly copper plumbing, All new double pane windows. Hardwood Floors. Prime Westchester Triangle area going thru lots of new development. LAR3 Zoning, Buyer to independently verify & Rely on, per L A city Build 9 units 'By Right' & 13 units due to transportation bonus zoning. Pride of ownership, Always in demand Low vacancy area. Proforma rents could give $132,000 per year income giving a Low 12.5 GRM. Convenient Central location giving easy access to LAX, 405 FWY, La Cienega and westside, South bay & Eastside Amenities. One Garage New owner can keep it or rent it out at $150-200/Mo. New Price. Not much for sale Rare opportunity 4Plex in prime location. Rear 2 story Owner's home 3 bed 2 bath with big private yard. front 3 unit building all 2 Bed 1 bath units. Light & bright units with lots of windows. 'Caringly Hands-on owner- managed', fully occupied, all paying, quality tenants. Long term tenants, Huge upside in rent for new owner to keep increasing the cash flow. On site 5 parking include 3 single garages. 1 Garage for owner. Very Easy to manage by any owner with Low maintenance & Low Expenses. Tenants pay electric, Gas & Trash. owner pays Water & gardener only. Upgrades Include Mostly copper plumbing, All new double pane windows. Hardwood Floors. Prime Westchester Triangle area going thru lots of new development. LAR3 Zoning, Buyer to independently verify & Rely on, per L A city Build 9 units 'By Right' & 13 units due to transportation bonus zoning. Pride of ownership, Always in demand Low vacancy area. Proforma rents could give $132,000 per year income giving a Low 12.5 GRM. Convenient Central location giving easy access to LAX, 405 FWY, La Cienega and westside, South bay & Eastside Amenities. One Garage New owner can keep it or rent it out at $150-200/Mo.
    Exterior Features

    Parking Garage Desc Unit1 Assigned Pool N/K Roof Composition Site Sidewalks

    Interior Features

    Heat Equipment Floor Furnace Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Units With Range Oven 4 Water Heater Type Gas

    Property Features

    Actual Cap Rate 5.0 Annual Expense Actual 29040 Buildings 2 Gross Rent Multiplier Actual 12.5 Gross Scheduled Income Actual 94536 Possession Close Of Escrow Tenant Pays Cable TvElectricityGas/Propane Terms CashExchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 2295.0 Unit2 Rent Actual 1995.0 Unit3 Rent Actual 1719.0 Unit4 Rent Actual 1719.0 Zoning Assessor

    Listing provided courtesy of The Real Estate Consultants Westside Inc.. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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