1066 N St Andrews Place

    Los Angeles (City), CA 90038
    • $2,899,000
    • STATUS: Active
    • ON SITE: 144 days
    • ID#: 20541568
    UPDATED: 25 min ago
    $2,899,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:

    School Ratings & Info

    Description

    A seamless investment opportunity in a highly sought-after Hollywood location. NEWER: roof, copper plumbing (horizontal and vertical), dualpane windows throughout, electric gate driveway and 100 gallon hot water heater. 9 of the 11 units have been extensively upgraded with hardwood, glass tiles, shaker cabinetry, and other top-notch appointments. There is little that hasn't been replaced...all of which means a Buyer's out-of-pocket expenses will be minimal for at least a decade!! All of this with the tax-deferral and massive capital gains tax advantages afforded to an Opportunity Zone investor!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-06-01T17:28:56.78. 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 Robin McCann | EXIT Alliance Realty. Licensed in the State of California, USA.

    www.socalrealtyexpert.com/homes/102129402

    1066 N St Andrews Place Los Angeles (City), CA 90038

    • Price: $2,899,000
    • Status: Active
    • Updated: 25 min ago
    • ID#: 20541568
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1958
    Built
    Neighborhood:
    C20 - Hollywood
    County:
    Los Angeles
    Area:
    C20 - Hollywood
    Property Description
    A seamless investment opportunity in a highly sought-after Hollywood location. NEWER: roof, copper plumbing (horizontal and vertical), dualpane windows throughout, electric gate driveway and 100 gallon hot water heater. 9 of the 11 units have been extensively upgraded with hardwood, glass tiles, shaker cabinetry, and other top-notch appointments. There is little that hasn't been replaced...all of which means a Buyer's out-of-pocket expenses will be minimal for at least a decade!! All of this with the tax-deferral and massive capital gains tax advantages afforded to an Opportunity Zone investor!
    Exterior Features

    Lot Size Source Assessor Parking Features Parking Space Parking YN Yes

    Interior Features

    Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes

    Property Features

    Gross Income 164334.00 Gross Multiplier 17.11 Gross Operating Income 169416.00 Insurance Expense 2555.00 Maintenance Expense 11859.00 Net Operating Income 104960.00 Operating Expense 2750.00 Senior Community YN No Special Listing Conditions Standard

    Listing provided courtesy of Brice Head of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-06-01T17:28:56.78. 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 Robin McCann | EXIT Alliance Realty. Licensed in the State of California, USA.

     
    Robin McCann | EXIT Alliance Realty
    43521 Rige Park Drive, Suite 201
    Temecula CA, 92590