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Los Angeles, CA 90036 220 S Poinsettia Place

$2,845,000

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Presented By: Tony Azzi with Tony Azzi;
  • MLS# 24368281
  • 03/13/2024
  • Request Tour
  • Request Info
  • BedBeds • 6
  • BathBaths • 8
  • FootageSQFT • 5,854
  • GarageGarage • 1

Home Details

Pleased to present the opportunity to acquire 220 S. Poinsettia Place, an eight-unit investment opportunity located in the highly desirable 90036 zip code of Los Angeles. located in the highly desirable 90036 zip code of Los Angeles. Excellent Unit Mix Offering (2) Studios and (6) One-Bedroom Units with 32% upside in rents. 220 Poinsettia Place is a walker's paradise; daily errands do not require a car and you're in close proximity to shopping, dining and entertainment on Melrose Avenue & Santa Monica Boulevard!
Presented By: Tony Azzi with Tony Azzi;

Interior Features for 220 S Poinsettia Place

Bedrooms

Total Bedrooms6

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths8

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Street SuffixPlace
Total Stories

General for 220 S Poinsettia Place

Additional Parcels Y/NNo
Attached Garage No
Cap Rate4.62
Carport Y/NYes
CityLos Angeles
CountyLos Angeles
Days on Market55
DirectionsSouth of W 2nd St, East of Fuller Ave, West of Alta Vista Blvd, North of w 3rd St
Garage Y/NNo
Gross Income197160.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet7932.0
MLS AreaC19 - Beverly Center-Miracle Mile
MobileHomeRemainsYNNo
Net Operating Income131435.0
New ConstructionNo
Private PoolNo
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NamePoinsettia
Total Units8
View Y/NNo
Waterfront Y/NNo
Year Built1941
ZoningLAR3

Exterior for 220 S Poinsettia Place

Building Area Total5854.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1821
Lot Size Area7932.0
Lot Size SourceOther
Lot Size UnitsSquareFeet
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesDetachedCarport
SpaNo
Total Parking6.0

Additional Details

Price History

1527188455

First Team Client Services

Price $2,845,000
MLS#24368281
List Date 03/13/2024
Property Type Multi-Family
Phone 714.964.3311
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Request Info
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors