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1531 Cambria Street, Los Angeles, CA 90017
Priced at Only: $1,150,000
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Address: 1531 Cambria Street, Los Angeles, CA 90017
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1531 Cambria Street
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  • MLS#: 26648307 ( )
  • Street Address: 1531 Cambria Street
  • Viewed: 5
  • Price: $1,150,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2006
  • Bldg sqft: 0
  • Days On Market: 61
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90017
  • Provided by: HBAR
  • Contact: Henry Henry
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Fully Permitted Duplex 100% Occupied, Prime Central Location. This fully permitted two unit apartment building offers an excellent investment opportunity with a strong 7.5% cap rate and immediate cash flow from day one. The property consists of: First Floor: 4 bedrooms / 2 bathrooms (currently owner occupied), Second Floor: 4 bedrooms / 2 bathrooms (fully rented to four tenants). The upstairs unit features a shared kitchen and laundry area. One bedroom includes a private bathroom and shower, while the second bathroom is shared by the remaining three tenants. Parking space is available for up to four vehicles. Ideally located in the heart of Los Angeles, just minutes from LA Live, Crypto.com Arena (formerly Staples Center), the Financial District, Koreatown, Echo Park, and Filipinotown. The property offers excellent freeway access and proximity to major employment, dining, and entertainment hubs. Within distance to Starbucks, McDonald's, Panda Express, Bank of America ATM, and Good Samaritan Hospital.A short drive to 7th & Fig, Gold's Gym, Target, Zara, Nordstrom Rack, Ralphs, and LA Live.Also near cultural landmarks including Walt Disney Concert Hall, Dorothy Chandler Pavilion, The Broad Museum, LA Opera, Whole Foods Market, and FIDM.This is a rare opportunity to acquire a centrally located, income producing property in a high demand rental market.
Features
Appliances
  1. Disposal
  2. Microwave
  3. Refrigerator
  4. Dishwasher
Building Area Total
  1. 2496.00
Cooling
  1. None
Country
  1. US
Fireplace Features
  1. Gas
  2. Electric
Flooring
  1. Carpet
  2. Laminate
Heating
  1. Wall Furnace
Laundry Features
  1. Washer Included
  2. Dryer Included
Levels
  1. Two
Netoperatingincome
  1. 77680.00
Parcel Number
  1. 5142024007
Parking Features
  1. Driveway
Postalcodeplus4
  1. 4306
Security Features
  1. Carbon Monoxide Detector(s)
  2. Gated Community
Sewer
  1. Other
Sourcesystemkey
  1. 26648307:CLAW
Totalexpenses
  1. 8720.00
View
  1. None
Year Built
  1. 2006
Zoning
  1. LAR4
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Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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