5447 Geer Street, Los Angeles , CA  90016 for $1,795,000 


 

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Contact - Listing ID SR21123845


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Julio Manzo

301 Mission Avenue Suite 212
Oceanside, CA 92054

5447 Geer Street

Los Angeles, California CA90016-3300

Listing Price$1,795,000

We are pleased to present an Excellent 2 story building in the West Adams area of LA. The 4 unit building consists of (Three) 2Bedroom/1Bathroom units and (one) 2 bedroom/2 bathroom townhouse style unit. Owner's Unit can be delivered vacant for an owner-user opportunity. New roof installed 3 years ago, copper plumbing, freshly painted exterior. Two of the units have remodeled kitchens and bathrooms. The property was built in 1963 and has approximately 3668 sq/ft living area per assessor. Each unit is separately metered and has its own individual water heater. Current rents are 30% below market, providing an investor with a more aggressive management style, the ability to raise rents and achieve higher return on their investment. The Subject Property is Located in a Opportunity Zone and May be Eligible for Preferential Tax Treatment. The West Adams Neighborhood is a rapidly growing urban area with the LA Metro Rail nearby providing quick transportation from Santa Monica to Downtown LA. West Adams is close to Culver City, Santa Monica, Beverly hills and Downtown LA. See Offering Memorandum in supplements.
Listing IDSR21123845
Listing Price$1,795,000
Price/SqFt$489.37
StatusActive
SqFt 3,668
Acres 0.110
CountyLos Angeles
Year Built1963
Property TypeResidential Income
© 2021. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Last updated Tuesday, June 22nd, 2021.

Based on information from CARETS as of Tuesday, June 22nd, 2021 04:16:39 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Listing courtesy of Anie Mayelian, DRE #00778825 from Keller Williams Encino-Sherman Oaks
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Listing courtesy of Anie Mayelian, DRE #00778825 from Keller Williams Encino-Sherman Oaks

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