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2849 Council Street, Los Angeles, CA 90026
Priced at Only: $1,250,000
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Address: 2849 Council Street, Los Angeles, CA 90026
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  • MLS#: 26686469 ( )
  • Street Address: 2849 Council Street
  • Viewed: 2
  • Price: $1,250,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1996
  • Bldg sqft: 0
  • Days On Market: 3
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90026
  • Provided by: Sotheby's International Realty
  • Contact: Matthew Matthew
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    We are pleased to offer for sale, The Reno / Council Portfolio, a collection of five apartment homes over two properties located in the heart of Historic Filipinotown in Los Angeles, CA. 2849 2851 Council St. is a single structure comprised of 2 spacious 3bed/2bath units, approximately 1,200 square feet each. Upon the gated entry, residents drive down an approximately 100 foot long driveway to the rear of the property where they have access to 4 carport spaces. The structure was built in 1996, possibly making it exempt from the Los Angeles Rent Stabilization Ordinance (RSO/ "Rent Control"), buyer to verify. [Both units are 100% occupied and to be sold with residents total yearly gross on current $41,064. Over 70% upside left.] The duplex could be purchased as a portfolio with 200 208 N Reno St. or offered individually at $650,000.
Features
Architectural Style
  1. Traditional
Building Area Total
  1. 2536.00
Carport Spaces
  1. 4.00
Common Walls
  1. 1 Common Wall
Country
  1. US
Heating
  1. Natural Gas
Levels
  1. Two
Lockboxtype
  1. None
Netoperatingincome
  1. 19710.00
Parcel Number
  1. 5156017015
Parking Features
  1. Detached Carport
Postalcodeplus4
  1. 4662
Property Condition
  1. Fixer
Security Features
  1. Gated Community
Sewer
  1. Other
Sourcesystemkey
  1. 26686469:CLAW
Totalexpenses
  1. 21353.00
Year Built
  1. 1996
Zoning
  1. LAR3
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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