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Los Angeles, CA 90018 2012 S La Salle Avenue

$1,199,000

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Presented By: Noah Saha with House Of Seven Gables Real Estate Inc.;
  • MLS# SR24042553
  • 03/01/2024
  • Request Tour
  • Request Info
  • BedBeds • 6
  • BathBaths • 4
  • FootageSQFT • 3,416

Home Details

Welcome to 2012 S La Salle Ave, an enticing investment nestled in the sought-after West-Adams Heights neighborhood of Los Angeles. This fourplex offers a mix of units, including a 3-bedroom, 1-bathroom unit and three 1-bedroom, 1-bathroom units, spread across two levels on a 7,500 SqFt lot with RD1.5 zoning. With approximately $66,708.00 in gross annual income, this property presents both immediate cash flow and potential for future growth. Each unit has a history of consistent rental income, providing a stable foundation for investors to build upon. Conveniently located mere minutes away from USC, Exposition Park, Crypto Arena & LA Live, and downtown LA, this property offers unparalleled access to amenities and attractions, ensuring high tenant demand. Don't let this opportunity slip away. Whether you're a seasoned investor seeking to diversify your portfolio or a first-time buyer looking to enter the lucrative world of real estate investment, 2012 S La Salle Ave has both financial stability and growth potential. Schedule a viewing today and seize the potential of this prime investment opportunity!
Presented By: Noah Saha with House Of Seven Gables Real Estate Inc.;

Interior Features for 2012 S La Salle Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesInside, UpperLevel
Street SuffixAvenue
Total Stories2

Other Rooms

Entry Level1

General for 2012 S La Salle Avenue

Additional Parcels Y/NNo
AppliancesGasOven, GasRange, WaterHeater
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesStormDrains, StreetLights, Suburban, Sidewalks
CountyLos Angeles
Days on Market42
DirectionsSouth of Washington Blvd
Electric Expense0.0
Entry Location1
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income66708.0
HOA0.0
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense2400.0
Interior FeaturesCeilingFans, DryBar, Pantry, RecessedLighting, Storage, TileCounters
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashtoExistingLoan, CashtoNewLoan, Conventional, Contract, Submit
Lot Size Square Feet7503.0
MLS Area699 - Not Defined
MobileHomeRemainsYNNo
Net Operating Income60828.0
New ConstructionNo
Operating Expense5880.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameLa Salle
Tax Lot3
Total Units4
Trash Expense1500.0
View Y/NNo
Water Sewer Expense1500.0
Waterfront Y/NNo
Year Built1916
Year Built SourcePublicRecords
ZoningLARD1.5

Exterior for 2012 S La Salle Avenue

Building Area Total3416.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1722
Lot Size Area7503.0
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
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,199,000
MLS#SR24042553
List Date 03/01/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors