Price Reduction
Address
5637 Hub Street Los Angeles, CA
Price
$ 1,549,000
Property Attributes
  • MLS#21675686
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaHighland Park
  • Zip90042
  • Style
  • Price$ 1,549,000
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms0
  • Lot Size5,227 SqFt
Listing Provided Courtesy Of:
Eric Dilanian with Remax Commercial and Investment Realty
Data Source:
CLAW
Property Description

** $50,000 Price Adjustment ** 14.37 GRM & 5.01% Cap Rate. Submit All Offers. We are pleased to offer this charming 3 Unit multi-family building in one of LA's hottest rental market - North Highland Park! The property was extensively renovated in 2018/2019 with no expense spared. This prime investment boasts one (1) detached 3 Bedroom & 2 Bathroom Single Family Residence that is VACANT and is perfect for an owner-user looking to occupy and rent out the remaining units which are Two (2) 2 Bedroom & 1 Bath Units. Each unit is separately metered for Gas & Electric. PLEASE DO NOT DISTURB OCCUPANTS OR WALK ON PROPERTY- DRIVE BY ONLY! The property is located in the rapidly gentrifying location of Highland Park, which is home to a growing number of trendy restaurants, coffee houses and nightlife. The property is in close proximity to York Retail Corridor, Figueroa Retail Corridor, the Gold Line, Downtown Los Angeles, South Pasadena and the San Gabriel Valley.

Price History
1/5/2021 Listed $1,599,000
4/8/2021 4% - $1,549,000

General Features

MLS Area 632 - Highland Park
Property Type Residential Income
Total Actual Rent 107820
Total Units 3
Zoning LAR2

Exterior Features

Lot Size Acres 0.12
Lot Size Area 5601
Lot Size Source Assessor
Lot Size Square Feet 5601
Lot Size Units Square Feet
Number of Buildings 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90042

Price
AVG $1.7M
$1.55M
Visits
AVG 34
22
Year Built
AVG 1931
1927
Walkscore
AVG 81
87
Data Provided by Walkscore ® not using MLS data

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