Los Angeles, CA 90007,1192 Exposition Blvd
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Los Angeles, CA 90007,1192 Exposition Blvd
Los Angeles, CA 90007,1192 Exposition Blvd
Los Angeles, CA 90007,1192 Exposition Blvd
Los Angeles, CA 90007,1192 Exposition Blvd
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$ 1,948,900
Est. payment /mo
Active

1192 Exposition Blvd Los Angeles, CA 90007

7 Beds

7 Baths

2,275 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,275 sqft

Price per Sqft $856

MLS Listing ID 24-465909

Bedrooms 7

Year Built 1931

Lot Size 6,660 Sqft

Acres 0.1529

Property Sub-Type Multi-Family

Property Description

3 of 4 units are vacant. For Buyers looking at insurance related investments. All units are completely remodeled. Parking. Bungalow style 2 bed 2 bath units. One unit is a 1 bed 1 bath. The very large garage in the back is a 3 bedroom ADU potential. The new rent potential is $3700/mo for 2 bed units and $2100/mo for the one bedroom unit. The gross income potential is $158,400/yr or $13,200/mo. The projected net income is approx $127,212/yr. The cap is 6.52 and GRM is 12.3. The building is 2 short blocks from USC, the Expo/Vermont Metro Station, and the all new Lucas Museum of Narrative Art at Exposition Park opening this year. The museum is on 11 acres with 100,000 SF of restaurants, retail, and two state-of-the-art theaters. Look it up! These are 3 additional points of attraction for an investor. The building is bungalow style completely remodeled with new kitchens, bathrooms, flooring, central air & heat, in unit security systems, concrete, and more. Washer/Dryer inside each unit. There's a security gate in the front & the perimeter is fenced. The complex is well lighted for safety. USC students are an additional high income stream.

Location

State CA

County Los Angeles

Area Los Angeles Southwest

Zoning LARD1.5

Rooms

Other Rooms Other

Interior

Heating Central

Cooling Air Conditioning

Equipment Dishwasher, Dryer, Washer, Garbage Disposal, Microwave, Refrigerator, Range/Oven

Exterior

Parking Features Detached, Garage - 4+ Car

Garage Spaces 7.0

Building

Story 1

Level or Stories One

Others

Special Listing Condition Standard

Virtual Tour https://youtu.be/O0mug2WwWxc?si=aFpZ2xQN9wvTUoSj


TheMLS (CLAW)
Listed by Keller Williams Realty Downey

GET MORE INFORMATION

Name

Phone*

Message

Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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