Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
Financials
Price:$1,100,000
Annual Taxes:$11,383
Listing Courtesy of Media Realty
Prime East Hollywood income property just one block west of Federal Hwy and steps from Downtown.
Description
Prime East Hollywood income property just one block west of Federal Hwy and steps from Downtown. Surrounded by $1B+ in new and future development, the area is rapidly transforming into a vibrant urban corridor with strong rental demand. Property includes 4 renovated units: 3/2, 2/1, and two 1/1s across two well-maintained buildings. Fully leased with staggered expirations generating $8,145 monthly. Features 9 rare parking spaces (2 per unit), gated entry, manicured courtyard, colored concrete driveway (2017), laundry facility, and new roof on west building. Located in Parkside Opportunity Zone offering potential zero capital gains under certain conditions if purchased before Dec 31, 2026. $8,145 monthly income. $99,540 PGI. $50,837 NOI
Amenities
- Balcony
- Cable - Available
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
