733 Bernard Street Los Angeles, CA 90012
UPDATED:  
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2100000
/mo

8Beds

8Baths

-1SqFt

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Key Details

Property Type: Multi-Family

Sub Type: Res Income 2-4 Units

Listing Status: Active

Purchase Type: For Sale

Lot Size: 6,264 Sqft

Year Built: 1985

MLS Listing ID: SB20105954

Bedrooms: 8

Type of Financing: Conventional

Property Description

Great opportunity to own a Non Rent Controlled, 85 Construction property at 733 Bernard St., Los Angeles. This Echo Park adjacent 6-Unit asset is located only one block away from Dodgers Stadium! Bernard St. has a very strong unit mix, being comprised of all 2-bedroom/2-bath units. There is plenty of tuck under parking on the property, enough space to fit over 10 cars. Units feature dishwashers and Central A/C & Heat, and copper plumbing. Rents are currently 31% below market, allowing for a proforma 5.83%
Great opportunity to own a Non Rent Controlled, 85 Construction property at 733 Bernard St., Los Angeles. This Echo Park adjacent 6-Unit asset is located only one block away from Dodgers Stadium! Bernard St. has a very strong unit mix, being comprised of all 2-bedroom/2-bath units. There is plenty of tuck under parking on the property, enough space to fit over 10 cars. Units feature dishwashers and Central A/C & Heat, and copper plumbing. Rents are currently 31% below market, allowing for a proforma 5.83% Cap and 12.18 GRM. Property is separately metered for gas and electric. Do not miss out on a great opportunity to own a Non Rent Controlled, 85 Construction asset in Los Angeles.

Location

State: CA

County: Los Angeles

Area: Los Angeles (90012)

Zoning: LAR3

Multi-Unit Info

Total Units: 6

Buildings: 1

Unit 1 Information: Rents Price: $1,770; Bedroom: 2; Bathroom: 2

Unit 2 Information: Rents Price: $1,700; Bedroom: 2; Bathroom: 2

Unit 3 Information: Rents Price: $1,625; Bedroom: 2; Bathroom: 2

Unit 4 Information: Rents Price: $1,800; Bedroom: 2; Bathroom: 2

Interior

Cooling: Central Forced Air

Appliance: Forced Air Unit

Air Conditioning: Central Forced Air

Building

Lot Description: Curbs

Story: 2 Story

Lot Size Range: 4000-7499 SF

Water: Meter on Property

Others

Senior Community: no

Acceptable Financing: Conventional

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Listing provided by Cameron of Lyon Stahl Investment Real Estate, Inc.

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    Glen Henderson Big Block Realty, Inc
    Glen Henderson

    Broker Associate | REALTOR CA BRE # 01384181

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