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1097 S Plymouth Boulevard

Los Angeles (City), CA 90019
  • $1,500,000
  • STATUS: Active
  • ON SITE: 122 Days
  • ID#: SR23137133
UPDATED: 71 min ago
$1,500,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Listing Agent(s): Lilliana Matos of Exp Realty Of California Inc (888-584-9427)


Description

Luxury Live Auction! Bidding to start from $1,500,000! Traditional non-distressed, property. Cash or finance ok! Seller will entertain offers prior to the Auction date. Great income generating property. Almost 3 homes in 1, the property currently generates $9,100/mo on short term rental leases and can all be delivered vacant. This 6000sqft lot corner property has been extensively remodeled and features a 1500sqft 3 bed/3bath main house, a brand new 495sqft detached, permitted self-sufficient ADU rental component, complete with its own private entrance, patio, parking, and address, generating excellent rental income.However, inside the main house, youll find an impressive "Studio like bedroom at the rear of the house, that features its own stylized kitchenette and bathroom. Making this part of the home another great rental opportunity or provide ample privacy for extended families.If you are financing, Listing Agents Lender is offering a 1% buy down for the first year.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-04T07:30:28.63. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
www.twissrealty.com/homes/142104127
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1097 S Plymouth Boulevard Los Angeles (City), CA 90019

  • Price: $1,500,000
  • Status: Active
  • On Site: 122 Days
  • Updated: 71 min ago
  • ID#: SR23137133
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1923
Built
Neighborhood:
C18 - Hancock Park-Wilshire
County:
Los Angeles
Area:
C18 - Hancock Park-Wilshire
Property Description
Luxury Live Auction! Bidding to start from $1,500,000! Traditional non-distressed, property. Cash or finance ok! Seller will entertain offers prior to the Auction date. Great income generating property. Almost 3 homes in 1, the property currently generates $9,100/mo on short term rental leases and can all be delivered vacant. This 6000sqft lot corner property has been extensively remodeled and features a 1500sqft 3 bed/3bath main house, a brand new 495sqft detached, permitted self-sufficient ADU rental component, complete with its own private entrance, patio, parking, and address, generating excellent rental income.However, inside the main house, youll find an impressive "Studio like bedroom at the rear of the house, that features its own stylized kitchenette and bathroom. Making this part of the home another great rental opportunity or provide ample privacy for extended families.If you are financing, Listing Agents Lender is offering a 1% buy down for the first year.
Exterior Features

Entry Level 1 Entry Location Front Door Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 2 Other Structures Guest House Parking Total 2 Pool Features None Pool Private YN No Property Attached YN No View Neighborhood View YN Yes

Interior Features

Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Heating Central Heating YN Yes Interior Features All Bedrooms Down

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features CurbsStreet LightsSidewalks Contingency Buyer to cooperate with 1031 exchange Garage YN Yes Gross Income 109200 Gross Scheduled Income 9100 Insurance Expense 1800 Land Lease YN No Laundry Features Laundry Closet Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 ExchangeFHASubmit Net Operating Income 103077.6 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 0 Operating Expense 6122.36 Property Sub Type Single Family Residence Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 800 Water Sewer Expense 1430 Water Source Public Zoning LAR1



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-04T07:30:28.63. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
 
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Twiss Realty Group - Brokered by EXP
5036 Highway 140
Mariposa CA, 95338
Listing Agent(s): Lilliana Matos of Exp Realty Of California Inc (888-584-9427)