Listing provided courtesy of Steven Salke of United Property Network. Last updated 2024-11-21 09:12:51.000000. Listing information © 2024 CRMLS.
Asking Price: $5,000,000
7113 La Tijera, Los Angeles CA 90045
Community: C29 - Westchester
Status: Active
This Apartment property was built in 1952 and is priced at $5,000,000. Please see the additional details below.
Offered for Sale: Two Multifamily Apartment Buildings: Westchester Neighborhood Prime Development Opportunity 'TWO PARCELS' side by side. The two properties are being sold as ‘One Purchase’ under this Listing Agreement.
The ‘Data Analysis’ for the two properties have been combined under one total, as it applies to each of the ‘Data’ categories.
Total Units: 18: Building Size 13,259 SF: Lot Size: 24,308 SF
Total Gross Income: $ 282,852 yrly. --- Total Gross Income $23,571 monthly
--- Total Operating Expenses: $ 53,744 yrly----
Net Income: $ 229,108 yrly
Apartment Building: Lead Address: 7113 La Tijera Blvd Los Angeles CA 90045: APN 4103-008-026
14 Units: Building: 10,495 SF Lot: 16,206 SF
Apartment Building: Lead Address: 7107 La Tijera Blvd Los Angeles CA 90045: APN 4103-008-025
4 Unit: Building: 2,764 SF Lot: 8,102 SF
Property is subject to the City of Los Angeles Rent Control Ordinance.
Laundry facilities on-site:
Great opportunity to develop the two properties to their full potential. Will cooperate with 1031 exchange