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    4848 Elmwood Avenue

    Los Angeles (City), CA 90004
    • $1,495,000
    • STATUS: Active Under Contract
    • ON SITE: 47 days
    • ID#: 21748514
    Under Contract
    $1,495,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1956
    County:

    School Ratings & Info

    Description

    Located adjacent to Hancock Park and Koreatown, this Mid 50s classic style 6 unit building offers carport for 6 cars with storage, and an onsite laundry room. Great unit mix with 3 one bedroom and 3 two bedroom units offers a tremendous future upside in rents. Close proximity to DTLA, Hollywood, Larchmont Village, Paramount Studios, Raleigh Studios, great shops, restaurants and entertainment. Elmwood and the surrounding streets is currently experiencing a surge in development of similar lots. Tenants are unaware of the sale. Do not walk on the property or speak with tenants.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-01T00:28:22.747. 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. Licensed in the State of California, USA.
    www.twissrealty.com/homes/118226680
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    4848 Elmwood Avenue Los Angeles (City), CA 90004

    • Price: $1,495,000
    • Status: Active Under Contract
    • ID#: 21748514
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1956
    Built
    Neighborhood:
    C18 - Hancock Park-Wilshire
    County:
    Los Angeles
    Area:
    C18 - Hancock Park-Wilshire
    Property Description
    Located adjacent to Hancock Park and Koreatown, this Mid 50s classic style 6 unit building offers carport for 6 cars with storage, and an onsite laundry room. Great unit mix with 3 one bedroom and 3 two bedroom units offers a tremendous future upside in rents. Close proximity to DTLA, Hollywood, Larchmont Village, Paramount Studios, Raleigh Studios, great shops, restaurants and entertainment. Elmwood and the surrounding streets is currently experiencing a surge in development of similar lots. Tenants are unaware of the sale. Do not walk on the property or speak with tenants.
    Exterior Features

    Architectural Style Mid-Century Modern Carport YN Yes Parking Features Detached CarportStorage View None View YN No

    Interior Features

    Appliances Disposal Cooling Wall/Window Unit(S) Cooling YN Yes Heating Wall Furnace Heating YN Yes

    Property Features

    Gross Income 6228 Insurance Expense 333 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 3610 New Taxes Expense 1475 Senior Community YN No Special Listing Conditions Standard Trash Expense 100 Vacancy Allowance Rate 0 Water Sewer Expense 300 Zoning Lar3

    Listing provided courtesy of Stephen Hampar of Hampar Properties


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-01T00:28:22.747. 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. Licensed in the State of California, USA.
     
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