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Los Angeles, CA 90063 1004 N Hicks Avenue

$1,150,000

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Presented By: Ricky Washington with ReMax Estate Properties; 818-749-3893
  • MLS# DW23122567
  • 07/09/2023
  • Request Tour
  • Request Info
  • BedBeds • 20
  • BathBaths • 4
  • FootageSQFT • 5,168
  • GarageGarage • 4

Home Details

Reduced!!! Motivated Seller!!! Quadroplex located in an upcoming area of East Los Angeles, close to shopping, schools and public transportation, newer windows, large lot with endless possibilities for the savvy buyer or investor. don't let the opportunity to own residential income property in Los Angeles at a great price point, maintenance has not been deferred and the property has been in the same family for over thirty years. Come with all offers and lets get this into escrow ASAP! You will be glad you did. This property is located in an unincorporated area and is not part of LAcity rent control. Property is being sold with tenants, the rents are moderate and the tenants are reliable with all rents current. Property is being offered AS-IS.
Presented By: Ricky Washington with ReMax Estate Properties; 818-749-3893

Interior Features for 1004 N Hicks Avenue

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesGasDryerHookup, LaundryRoom
Street SuffixAvenue
Total Stories2
Window FeaturesDoublePaneWindows

Other Rooms

Entry Level2

General for 1004 N Hicks Avenue

AccessibilitySeeRemarks
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.6
Carport Y/NNo
CityLos Angeles
Community FeaturesCurbs
Construction MaterialsStucco
ContingencyPlease submit all offers with proof of funds, Credit scores, pre-approvals via agent email. Please drive by only, interior showings are available with appointment.
CoolingWallWindowUnits
CountyLos Angeles
Current FinancingNone
Days on Market236
DirectionsHicks Avenue and City Terrace Drive
Electric Expense0.0
Energy EfficientWindows
Entry LocationFront
Fuel Expense0.0
Garage Spaces4.0
Garage Y/NYes
Green Water ConservationLowFlowFixtures
Gross Income76932.0
HOA0.0
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense2100.0
Interior FeaturesAllBedroomsDown
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCashtoNewLoan, Conventional, FHA, FannieMae, VALoan
Lot Size Square Feet7249.0
MLS AreaBOYH - Boyle Heights
MaintenanceExpense0.0
MobileHomeRemainsYNNo
Net Operating Income52917.0
New ConstructionNo
Operating Expense22875.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameHicks
Tax Annual Amount6957.0
Tax Lot2
Tax Year2022
Taxes$16,575
Tenant PaysCableTV, Electricity, Gas
Total Units4
Trash Expense1200.0
UtilitiesElectricityConnected, NaturalGasAvailable, PhoneConnected, SewerConnected
ViewNone
View Y/NNo
Walk Score72
Water Sewer Expense2400.0
Waterfront Y/NNo
Year Built1929
Year Built SourceAssessor
ZoningLCR3*

Exterior for 1004 N Hicks Avenue

Building Area Total5168.0
Crops Included Y/NNo
FencingWroughtIron
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre, FrontYard
Lot Size Acres0.1664
Lot Size Area7249.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesDoorSingle, Garage
Pool Charge0.0
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking4.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,150,000
MLS#DW23122567
List Date 07/09/2023
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors