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4533 Pickford Street

Los Angeles (City), CA 90019
  • $3,655,000
  • STATUS: Active
  • ON SITE: 168 Days
  • ID#: 24392873
UPDATED: 32 min ago
$3,655,000
  • 17
    BEDS
  • 0.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,472
    SQFT
  • $319
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Listing Agent(s): William James of Lyon Stahl Investment Real Estate, Inc. (310-425-9838) and Peter James of ()


Description

We are pleased to present this 17 unit offering in a great mid-city location of Los Angeles. The building has an excellent unit mix consisting of (5) 2 Bed / 1 Bath, (8) 1 Bed / 1 Bath, and (4) Single /1 Bath units. The units are spread out across 11,472 square feet of gross leasable area, on a large 14,000 square foot lot that is zonedLARD1.5. It was built in 1963 and is subject to LA RSO. There is an interior courtyard with plentiful parking in both the front and the rear of the building and it is secured with gated entry. With great in place cashflow, the opportunity also offers significant rental upside for a future investor. The subject property is well situated in the Mid-City of Los Angeles, surrounded by tremendous growth and developments in the recent past. Located just south of the Mid-Town Crossing and a short distance from a new development that includes Sprouts Farmers Market, Target and Michael's. The area has also benefited from entertainment options such as new and high end restaurants like N/Soto, just around the corner. With plenty of shopping, dining and entertainment options, current and future tenants in the subject property are able to capitalize on an abundance of local amenities.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-01T19:35:40.053. 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 CFC Realty, Inc. Licensed in the State of California, USA.
www.cfc-realty.com/homes/150599121
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4533 Pickford Street Los Angeles (City), CA 90019

  • Price: $3,655,000
  • Status: Active
  • On Site: 168 Days
  • Updated: 32 min ago
  • ID#: 24392873
17
Beds
0
Baths
0
½ Baths
0.32
Acres
11,472
SQFT
$319
$/SQFT
1963
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - Mid Los Angeles
Property Description
We are pleased to present this 17 unit offering in a great mid-city location of Los Angeles. The building has an excellent unit mix consisting of (5) 2 Bed / 1 Bath, (8) 1 Bed / 1 Bath, and (4) Single /1 Bath units. The units are spread out across 11,472 square feet of gross leasable area, on a large 14,000 square foot lot that is zonedLARD1.5. It was built in 1963 and is subject to LA RSO. There is an interior courtyard with plentiful parking in both the front and the rear of the building and it is secured with gated entry. With great in place cashflow, the opportunity also offers significant rental upside for a future investor. The subject property is well situated in the Mid-City of Los Angeles, surrounded by tremendous growth and developments in the recent past. Located just south of the Mid-Town Crossing and a short distance from a new development that includes Sprouts Farmers Market, Target and Michael's. The area has also benefited from entertainment options such as new and high end restaurants like N/Soto, just around the corner. With plenty of shopping, dining and entertainment options, current and future tenants in the subject property are able to capitalize on an abundance of local amenities.
Exterior Features

Architectural Style Mid-Century Modern Carport Spaces 0 Carport YN Yes Direction Faces South Open Parking Spaces 0 Parking Features Carport Parking Total 17 Pool Features None Pool Private YN No Spa Features None Spa YN No View City Lights View YN Yes

Interior Features

Appliances RefrigeratorDryerWasher Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association YN No Cap Rate 5.86 Community Features Gated Garage YN No Gross Income 344293 Land Lease YN No Laundry Features Common Area Levels Multi/Split Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 214203 New Construction YN No Rent Control YN Yes Security Features Carbon Monoxide Detector(s)Gated CommunityResident ManagerSmoke Detector(s) Senior Community YN No Sewer Other Special Listing Conditions Standard Tenant Pays ElectricityGas Vacancy Allowance Rate 3 Zoning LARD1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-01T19:35:40.053. 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 CFC Realty, Inc. Licensed in the State of California, USA.
 
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CFC Realty, Inc
931 Pueblo Drive
Lake Havasu City AZ, 86406
Listing Agent(s): William James of Lyon Stahl Investment Real Estate, Inc. (310-425-9838) and Peter James of ()