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    3940 Dobinson Street

    Los Angeles, CA 90063
    • $899,666
    • STATUS: ACTIVE
    • ON SITE: 12 days
    • ID#: 302992062
    UPDATED: 18 min ago
    $899,666
    • 8
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Great investment! Bread and butter to investors. Rent is way below the market and has a lot of room to growth. Rent around neighborhood ($2100-$2300/mo. X 4=$8400-$9200/mo.) instead of ($4262/mo.). Great Location! Close to USC Medical Center, USC Health Science Campus, Citadel Shopping Mall Plaza, Cal State University LA, USC school. Easily access to 5/10/60 and 710 freeways. Added smoke detectors/ Carbon Monoxide Detectors and Earthquake heater strappers to all units after obtained. Very rare property at Great investment! Bread and butter to investors. Rent is way below the market and has a lot of room to growth. Rent around neighborhood ($2100-$2300/mo. X 4=$8400-$9200/mo.) instead of ($4262/mo.). Great Location! Close to USC Medical Center, USC Health Science Campus, Citadel Shopping Mall Plaza, Cal State University LA, USC school. Easily access to 5/10/60 and 710 freeways. Added smoke detectors/ Carbon Monoxide Detectors and Earthquake heater strappers to all units after obtained. Very rare property at this moment, it has same track number with 2 Parcel Nos. [This existing triplex on 1st lot and the 2nd empty lot may be constructed another duplex (~2400 sqft each]. Buyer to Verify with City again, possible to separate to 2 different address: ask the Owner how. Fireplace: Gas, Heating: Gas, Permitted Triplex has (Unit #1) 2BR + 1BA rent $1490/mo. (recently remodeled). ( Unit # 2) 2BR + 1BA rent $950/mo. )(Unit # 3) 2BR + 1 BA rent $947/mo. (Unit #4) 2BR + 2BA rent $875/mo [without permit]. 1st 2 tenants are living 20+ yrs. and the 3rd tenant is 10+ yrs. Total rent is $4262/mo. PRO FORMA CAP RATE IS: 9.3%-10.4%. 12 parking Spaces. Property Sold AS-IS

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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.
    www.talechia.com/homes/112971932
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    3940 Dobinson Street Los Angeles, CA 90063

    • Price: $899,666
    • Status: ACTIVE
    • Updated: 18 min ago
    • ID#: 302992062
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    Neighborhood:
    Los Angeles (90063)
    County:
    Los Angeles
    Area:
    Los Angeles (90063)
    Property Description
    Great investment! Bread and butter to investors. Rent is way below the market and has a lot of room to growth. Rent around neighborhood ($2100-$2300/mo. X 4=$8400-$9200/mo.) instead of ($4262/mo.). Great Location! Close to USC Medical Center, USC Health Science Campus, Citadel Shopping Mall Plaza, Cal State University LA, USC school. Easily access to 5/10/60 and 710 freeways. Added smoke detectors/ Carbon Monoxide Detectors and Earthquake heater strappers to all units after obtained. Very rare property at Great investment! Bread and butter to investors. Rent is way below the market and has a lot of room to growth. Rent around neighborhood ($2100-$2300/mo. X 4=$8400-$9200/mo.) instead of ($4262/mo.). Great Location! Close to USC Medical Center, USC Health Science Campus, Citadel Shopping Mall Plaza, Cal State University LA, USC school. Easily access to 5/10/60 and 710 freeways. Added smoke detectors/ Carbon Monoxide Detectors and Earthquake heater strappers to all units after obtained. Very rare property at this moment, it has same track number with 2 Parcel Nos. [This existing triplex on 1st lot and the 2nd empty lot may be constructed another duplex (~2400 sqft each]. Buyer to Verify with City again, possible to separate to 2 different address: ask the Owner how. Fireplace: Gas, Heating: Gas, Permitted Triplex has (Unit #1) 2BR + 1BA rent $1490/mo. (recently remodeled). ( Unit # 2) 2BR + 1BA rent $950/mo. )(Unit # 3) 2BR + 1 BA rent $947/mo. (Unit #4) 2BR + 2BA rent $875/mo [without permit]. 1st 2 tenants are living 20+ yrs. and the 3rd tenant is 10+ yrs. Total rent is $4262/mo. PRO FORMA CAP RATE IS: 9.3%-10.4%. 12 parking Spaces. Property Sold AS-IS
    Exterior Features

    Pool N/K

    Interior Features

    Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 2

    Property Features

    Annual Expense Actual 9256 Buildings 1 Gross Scheduled Income Actual 51144 Terms CashConventional Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 1490.0 Unit2 Rent Actual 950.0 Unit3 Rent Actual 947.0 Unit4 Rent Actual 875.0 Zoning Assessor

    Listing provided courtesy of Superior Real Estate Group. 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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