RENTAL INCOME: $416,412.00 per year / $34,701.00 per month. Excellent opportunity to acquire a 26-unit apartment building in the Downtown L.A. / South Park area just south of the 10 Freeway. This 3-story, 16,152 sq. ft. building resides on an 8,823 sq. ft. corner lot which consists of thirteen 1 bed/1bath units and thirteen studios. Tremendous upside potential and is perfect for the investor looking to add more units to their portfolio at a low $138,461.00 cost per unit / $222.88 cost per square foot. The building is well taken care of and all units are mastered metered. The property is located several blocks south of the 10 Freeway on an excellent and quiet stretch of Maple Ave. and directly across the street from the Santee Education Complex. Excellent on-site manager / handy man. This asset is positioned in the northwest area of the 90011 zip code and 1.5 miles from the Crypto.com Arena. Large 1,000 sq. ft. plus basement that can potentially be used as laundry area. Seller selects all services.
Features
13 bedrooms
26 bathrooms
16152 sq. ft. floor area
crop_free8823 sq. ft. lot size
cottageOther
Property history for 2108 Maple Ave
2008
Sold
Undisclosed
29 Jul 2008
Happy sellers in Los Angeles
~%
We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.
Local market activity for 13 bedroom other properties in Los Angeles
Sold
For Sale
View the listing for inspection times, agent contact details, and more.