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$1,500,000

Beds
Unknown
sq ft
Unknown

2833 Huron St, Los Angeles, CA 90065

2833 Huron St

Los Angeles, CA 90065

  • 165 days on market
Priced at only $150k/unit! 2833 Huron St is a prime 10 unit investment property located in the Cypress Park neighborhood of Los Angeles. There is still 92% upside available in monthly rental income. The subject property is comprised of (1) 2Bed/1Bath, (4) 1Bed/1Bath and (5) Studio/1Bath units. Three Studio/1Bath units can be delivered vacant, offering immediate upside. There is also a laundry room on site for additional income. 2833 Huron St is conveniently located just minutes from Downtown Los Angeles, with easy access to the 110 and 5 freeways. There are many shops and restaurants nearby, making it a prime location for renters.

Details

Property type

Apartment

Est. home value

$1,485,447

Lot size

7,498 sq ft

Price per sq ft

Unknown

Year built

1950

Price History

07/08/2024
CRMLS

CRMLS #SB24109684

Listed
$1,500,000
07/04/2024
CRMLS

CRMLS #SB24109684

Removed
$1,500,000
06/04/2024
CRMLS

CRMLS #SB24109684

Listed
$1,500,000
+19.52%

Schools & Community

Neighborhood: 

Cypress Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Luther Burbank Savings

Loan start date

December 2022

Original loan amount

$1,450,000

Est. remaining balance

Not provided

Interest rate

7.08%

Loan type

Commercial

Seller

2833 Huron Management Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/16/2024 at 6:40 AM

Listing updated: 10/30/2024 at 4:40 AM

Listed by: Cameron Samimi, Lyon Stahl Investment Real Estate, Inc. Phone #: (310) 425-9838

MLS: CRMLS #SB24109684

CRMLS logo

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