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2016 Pennsylvania Avenue, Los Angeles, CA 90033$1,800,000

10
beds
--
bath
7,006
ft2 lot

Listing provided courtesy of Amparo Gastelum, Max Real Estate
Source CRMLS;
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An opportunity of a lifetime to own an Income property in this 241-year-old historical Los Angeles community. This 5- unit 2 bedrooms 1 bath each. With 4 parking spaces with washer and dryer hook ups each unit. Easy accesses to major freeway's such as the 5 and 10 and 101.Boyle Heights mix of history and trendy coffee shops, Restaurants, art and music creates a high demand for renter's desire to live with the community being 75% of residence are renters. Schools Breed st elementary, Hollenbeck middle and Rosevelt High school are within walking distance as are major parks Ross Valencia community park and historical Hollenbeck Park. The signs of gentrification are clear as new development and companies moving into the area.

HOA

No HOA

On market

2 months

Year built

1927

Property type

Mixed Use

Parking

4

MLS

DW22246736

Price / Sq.Ft.

ft2

Status

Active

Buyer’s Brokerage Commission

2%

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Home details for 2016 Pennsylvania Avenue

Interior Features & Layout
Appliances
•   
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup
Property, Lot, Community & Exterior Features
Multi-Unit Info
•   
Number Of Units Total: 5
Parking Info
•   
Garage Spaces: 4.0
•   
Garage: true
•   
Parking Spaces: 4.0
Building Info
•   
Building Area Units: SquareFeet
•   
Total Sq. Ft.: 6022.0
•   
MLS Property Type: Residential Income
•   
Year Built Source: Assessor
Lot Info
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Details: 2-5 Units/Acre
•   
Lot Size Area: 7006.0
•   
Acres: 0.1608
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 1
•   
Community Features: Park
Property Features
•   
Common Walls: 2+ Common Walls
Utilities & Other Information
Utility Info
•   
Number Of Separate Electric Meters: 1
•   
Number Of Separate Gas Meters: 1
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Water Sewer Expense: 0.0
•   
Gross Income: 70580.0
•   
Fuel Expense: 0.0
•   
Trash Expense: 2574.0
•   
Insurance Expense: 3470.0
•   
Gross Scheduled Income: 70580.0
•   
Operating Expense: 7000.0
Terms
•   
Terms: Cash, Conventional
Lease Info
•   
Net Operating Income: 77580.0
Listing Details
•   
Status: Active
•   
Originating System Name: CRMLS
Other
•   
Electric Expense: 900.0
Tax/Assessment Info
•   
APN: 5183007009
School Neighborhood & Directions
Location
•   
Zip Code: 90033
•   
Area: BOYH - Boyle Heights
•   
Directions: Saint Luis and 1st
•   
Country: US

Property History for 2016 Pennsylvania Avenue

11/24/2022
11/24/2022
CRMLS #DW22246736
active
CRMLS #DW22246736
$1,800,000

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