Contact Xavier Gomez
Schedule A Showing
1222 78th Street, Los Angeles, CA 90001
Priced at Only: $1,990,000
For more Information Call
Mobile: 714.478.6676
Address: 1222 78th Street, Los Angeles, CA 90001
Property Photos

Property Location and Similar Properties
- MLS#: SR25185850 ( Apartment )
- Street Address: 1222 78th Street
- Viewed: 2
- Price: $1,990,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1938
- Bldg sqft: 0
- Days On Market: 8
- Additional Information
- County: LOS ANGELES
- City: Los Angeles
- Zipcode: 90001
- Provided by: Altman Apartments LLC
- Contact: Logan Logan
- DMCA Notice
-
Description12 unit property with 11 studios and 1 one bedroom apartment. All units have their own bathrooms and full kitchens. This would be a perfect opportunity for a master lease option or purchase by a program to house their own clients. All units are to be delivered fully renovated and housing ready. A full renovation has just been completed which includes complete plumbing re pipe, electrical re wire with all brand new equipment and separate metering, HVAC systems, and new finishes. The project is pending the meters to be installed by Edison to obtain final status. This was previously an 8 unit motel that has now been converted to a 12 unit apartments community.
Features
Building Area Total
- 3000.00
Commoninterest
- Community Apartment
Common Walls
- No Common Walls
Country
- US
Electric Expense
- 0.00
Entry Location
- 78th Street
Fuel Expense
- 3000.00
Garage Spaces
- 0.00
Insurance Expense
- 4521.00
Laundry Features
- None
Levels
- One
Lockboxtype
- Call Listing Office
Lot Features
- Level with Street
- Rectangular Lot
Netoperatingincome
- 146717.00
Newtaxesexpense
- 23720.00
Number Of Separate Electric Meters
- 12
Number With Range
- 12
Number Wit Hrefrigerator
- 12
Parcel Number
- 6024017056
Parking Features
- Auto Driveway Gate
- Controlled Entrance
- Driveway
- Asphalt
Pest Control Expense
- 540.00
Pool Features
- None
Postalcodeplus4
- 2940
Professionalmanagementexpense
- 8066.00
Property Type
- Apartment
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 445382452:CRM
Tenant Pays
- Cable TV
- Electricity
- Insurance
Totalactualrent
- 209280.00
Totalexpenses
- 54948.00
Trash Expense
- 0.00
Uncovered Spaces
- 5.00
Water Sewer Expense
- 5000.00
Water Source
- Public
Year Built
- 1938
Year Built Source
- Assessor
Zoning
- LCM1*

- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Mobile: 714.478.6676
- Fax: 714.975.9953
- salesbyxavier@gmail.com