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Listed by Edwin Valiente, DRE #01834129 • Tri-Pillar Realty
$ 1,250,000
Est. payment /mo
Active
4432 Wesley Los Angeles, CA 90037
7,832 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRDW26199841
Year Built 1912
Lot Size 7,832 Sqft
Source California Regional MLS
Property Description
Prime Investment Opportunity and income producing property. This well-kept low maintenance 8 Unit apartment building consisting of 6 Units (2 bedrooms, 1 bath) and 2 Units (1 bedroom 1 bath) with long term tenants. Six of the eight tenants have been living here for ten plus years. All remodeled extensively around Eight years ago, newer electrical, plumbing, interior and exterior, newer kitchens, bathrooms, tile, carpet, laminate flooring throughout, and much more. The roof on both buildings was replaced around 5 years ago and foundation reinforced. All units have their own water shut off valve and seven of the eight water heaters have been replaced. Rents are currently below market value, allowing upside in rental income for the new buyer. There is 4 units facing Wesley Ave and the other 4 units facing Hoover St. All separate electrical and gas meters. Nearby destinations include the University of Southern California, LA Memorial Coliseum, BMO Stadium, Exposition Park, Lucas Museum of Narrative Art, Natural History Museum, and California Science Center. For commuters, the 10 and 110 Freeways are minutes away, providing access throughout Greater Los Angeles.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Rooms
Kitchen Oven - Gas
Interior
Heating Wall Furnace
Cooling None
Laundry In Kitchen
Exterior
Pool None
Building
Water District - Public
Others
Tax ID 5018001014
Special Listing Condition Not Applicable
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