Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    1006 Record Avenue, Los Angeles, CA 90023
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    1006 Record Avenue
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    • MLS#: OC24051871 ( Apartment )
    • Street Address: 1006 Record Avenue
    • Viewed: 7
    • Price: $3,500,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1990
    • Bldg sqft: 0
    • Days On Market: 302
    • Additional Information
    • County: LOS ANGELES
    • City: Los Angeles
    • Zipcode: 90023
    • Provided by: Benjamin Frank Venti Realty
    • Contact: Peter Peter
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      Record Avenue Apartments at 1006 Record Avenue is a private gated multi family apartment complex in the heart of East Los Angeles. A unique multi family offering comprises two family managed apartment buildings with six units on separate parcels that can be sold together or separately for an investor to oversee or an owner to occupy and lease out. This property would be an excellent opportunity for owners looking to upgrade to a larger rental property. Encompassing 12 units with a mix of six two bed/two bath units and four two bed/one bath units, with ample land for two parking spaces for each unit, which is very rare in this area. Each building has one one bed/bath ,two two/one bath units and three two/two bath units. Each building has its owner separate washer and dryer in a common area. The property is in a dense residential area of East Los Angeles, one of LAs oldest and most influential communities about five miles from Downtown Los Angeles. Close to the high end community of Monterey Park, nestled four miles away and simply a five minute drive to the vibrant entertainment, restaurants, and shopping corridor on Whitter Boulevard. East Los Angeles College is three miles away, drawing many students looking for housing to 1006 S Record Avenue. Record Avenue Apartments has hassle free connectivity reaching Interstate 710, Interstate 5, and Route 60 in less than a mile. Well maintained, with incredible accessibility, Record Avenue Apartments is primed to offer an ideal investment opportunity to own a multi family asset.
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    Features
    Accessibility Features
    1. 2+ Access Exits
    2. Parking
    Appliances
    1. Convection Oven
    2. Dishwasher
    3. Gas Oven
    4. Gas Range
    5. Refrigerator
    Assessments
    1. None
    Building Area Total
    1. 9798.00
    Commoninterest
    1. Community Apartment
    Common Walls
    1. 2+ Common Walls
    Cooling
    1. Central Air
    Country
    1. US
    Days On Market
    1. 278
    Electric Expense
    1. 2377.00
    Entry Location
    1. Gate
    Fencing
    1. Average Condition
    2. Wrought Iron
    Fireplace Features
    1. None
    Fuel Expense
    1. 2377.00
    Garage Spaces
    1. 0.00
    Heating
    1. Propane
    Insurance Expense
    1. 3471.00
    Interior Features
    1. 2 Staircases
    Laundry Equipment Own Lease
    1. Own
    Laundry Features
    1. Community
    2. Dryer Included
    3. Washer Included
    Laundry Income
    1. 400.00
    Levels
    1. Two
    Lockboxtype
    1. None
    Lot Features
    1. Level with Street
    Netoperatingincome
    1. 157000.00
    Number Of Separate Electric Meters
    1. 12
    Number Of Separate Gas Meters
    1. 12
    Number Of Separate Water Meters
    1. 12
    Otherexpense
    1. 4972.00
    Otherexpensedescription
    1. Repairs
    Parcel Number
    1. 5239019042
    Pool Features
    1. None
    Postalcodeplus4
    1. 2550
    Professionalmanagementexpense
    1. 0.00
    Property Type
    1. Apartment
    Property Condition
    1. Updated/Remodeled
    Road Frontage Type
    1. Access Road
    Roof
    1. Synthetic
    2. Tar/Gravel
    Security Features
    1. 24 Hour Security
    2. Automatic Gate
    3. Gated Community
    Sewer
    1. Unknown
    Sourcesystemid
    1. CRM
    Sourcesystemkey
    1. 410876918:CRM
    Spa Features
    1. None
    Tenant Pays
    1. All Utilities
    Totalactualrent
    1. 198996.00
    Totalexpenses
    1. 17951.00
    Trash Expense
    1. 2377.00
    Utilities
    1. Cable Available
    2. Electricity Connected
    3. Propane
    4. Water Connected
    View
    1. None
    Water Sewer Expense
    1. 2377.00
    Water Source
    1. Public
    Year Built
    1. 1990
    Year Built Source
    1. Public Records
    Zoning
    1. LCR4YY
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836