1212 Amalia Avenue,  Los Angeles CA, 90022 (Residential Income)

Status: Active
MLS#: 17277750
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Last Updated: 10/19/2017 8:53 PM
Description for 1212 Amalia Avenue Los Angeles, CA 90022
The subject property is a 10-unit non-rent controlled multifamily property located in the City Terrace/East Los Angeles submarket. Because of its location within Unincorporated Los Angeles, the property is not subject to Los Angeles rent control. Constructed in 1930 amidst a Spanish Colonial Revival Period in Southern California architecture, the 7,474 square foot building distinguishes itself within the neighborhood with its Spanish tile roof, decorative wrought iron fencing, prevalent archways, and unique decorative accents. Several unit interiors have been renovated, including some combination of wood/tile flooring, new granite countertops, new recessed lighting, new cabinets, new fixtures, new windows, and upgraded bathrooms. Each of the units includes washer/ dryer hookups, a desirable amenity that often allows owners to charge premium rents.
Price
$2,095,000
Los Angeles
17277750
Active
Description
The subject property is a 10-unit non-rent controlled multifamily property located in the City Terrace/East Los Angeles submarket. Because of its location within Unincorporated Los Angeles, the property is not subject to Los Angeles rent control. Constructed in 1930 amidst a Spanish Colonial Revival Period in Southern California architecture, the 7,474 square foot building distinguishes itself within the neighborhood with its Spanish tile roof, decorative wrought iron fencing, prevalent archways, and unique decorative accents. Several unit interiors have been renovated, including some combination of wood/tile flooring, new granite countertops, new recessed lighting, new cabinets, new fixtures, new windows, and upgraded bathrooms. Each of the units includes washer/ dryer hookups, a desirable amenity that often allows owners to charge premium rents.
Listing Information
Property Type: Cluster, Other
0.15 Acres 6,596 sq.ft. $280.31
1930
10 Total
Neighborhood
Room Information
Exterior / Lot Features
LCR4YY
Driving Directions
Located less than one mile from the famous Citadel Outlets, the property offers convenient access to the 5, 60, and 710 Freeways. The building itself sits along clean, quiet, primarily single family residential streets, but is just blocks from major arte>
Financial Considerations
6340012012
,$45,986
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90022 has a population of 3,971,883.

The median household income in Los Angeles, California 90022 is $49,682. The median household income for the surrounding county is $55,870 compared to the national median of $53,482. The median age of people living in Los Angeles 90022 is 34.6 years.

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Courtesy: Roderick "Rick" Raymundo - Marcus & Millichap Roderick "Rick" Raymundo
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