1212 Hicks Avenue, Los Angeles, CA 90023
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- MLS#: MB24167211 ( Quadruplex )
- Street Address: 1212 Hicks Avenue
- Viewed: 1
- Price: $1,495,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1927
- Bldg sqft: 0
- Days On Market: 257
- Additional Information
- County: LOS ANGELES
- City: Los Angeles
- Zipcode: 90023
- Provided by: MERAKI REALTY MANAGEMENT
- Contact: EDGAR EDGAR
- DMCA Notice
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DescriptionCome see this exclusive opportunity to acquire a multi family building comprised of four units located in East Los Angeles where you can live in one and rent out the others. With low property maintenance and each unit individually metered, it helps bring down the monthly expenses. The two front units are fully remodeled with new windows, comes with stackable washer/dryer combo, mini splits and appliances. The ADU is fully remodeled with mini split and washer and dryer hook ups. The occupied unit has its own separate laundry room with room for upside potential. With excellent proximity to shopping, entertainment districts, hospitals, schools and restaurants, this four plex has a unique opportunity for short and long term rentals alike.
Property Location and Similar Properties
Features
Association Fee
- 0.00
Building Area Total
- 2216.00
Commoninterest
- None
Common Walls
- 1 Common Wall
Cooling
- Ductless
Country
- US
Days On Market
- 62
Entry Location
- Front
Garage Spaces
- 0.00
Heating
- Ductless
Insurance Expense
- 3840.00
Laundry Features
- Inside
Levels
- One
Lockboxtype
- Combo
Lot Features
- 0-1 Unit/Acre
Netoperatingincome
- 78941.00
Newtaxesexpense
- 18687.00
Parcel Number
- 5242011003
Parking Features
- Assigned
Pool Features
- None
Postalcodeplus4
- 3239
Property Type
- Quadruplex
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 420960062:CRM
Tenant Pays
- Cable TV
- Electricity
- Gas
Totalexpenses
- 25327.00
Trash Expense
- 0.00
Water Sewer Expense
- 2800.00
Water Source
- Public
Year Built
- 1927
Year Built Source
- Assessor
Zoning
- LCM1*