$875,000
- Beds
- 8
- sq ft
- 2,550
1852 W Jefferson Blvd, Los Angeles, CA 90018
1852 W Jefferson Blvd
Los Angeles, CA 90018
- 23 days on market
- Price drop $45,000↓
8 Bedrooms And 4 Bathrooms! Great Live one unit rent out the other! This Duplex located in the Jefferson Park neighborhood possesses 8 bedrooms and 4 bathrooms! Each unit has 4 bedrooms and 2 bathrooms and are both over 1225 square feet a piece for a total of 2550 sq feet and the lot is big at 6496 square feet. This duplex is perfect live in one unit and rent out the other type of property, it is also great for investors who want to make more rents, according to HACLA, section 8 is paying $4320 per month for 4 bedrooms. Great potential cap rate! (9.6) GRM! (9.4), Great zoning! (C-2 TOC 3) This property is section 8 approved which means with new tenants you could potentially get $8640 in rents which would translate into $103680 in total rents and a 9.6 cap rate and 9.4 GRM! This is also great for developers as the zoning is C-2 With a TOC 3 density bonus, this has so many uses that it's a great deal for almost everyone.
Details
Property type
Lot size
6,496 sq ft
Price per sq ft
$344
Year built
1914
HOA
No
Price History
11/13/2024
CLAW #24453635
Price change
$875,000
-4.89%
10/28/2024
CLAW #24453635
Listed
$920,000
Schools & Community
Neighborhood:
South Los Angeles
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 11/20/2024 at 12:35 AM
Listing updated: 11/12/2024 at 5:50 PM
Listed by: Mark King, Big Block Platinum Phone #: (310) 912-7515
MLS: CLAW #24453635
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