5007 Institute Place,  Los Angeles CA, 90029 (Residential Income)

5,998 sqft
Status: Active
MLS#: 17242730
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Last Updated: 8/19/2017 3:57 PM
Description for 5007 Institute Place Los Angeles, CA 90029
Huge UPSIDE in rent. The rent amount of $817.00 is an AVERAGE. The lowest monthly rent for a unit is as low as $713.00. First time on the market in 38 years. Real beautiful apartment building on a double lot and 8 parking spots + 8 parking garages (used as storage) 7 of them are rented for $100 each and the eighth one is vacant. Every unit has laundry room.
Price
$1,800,000
Los Angeles
5,998 (approx)
17242730
Active
Description
Huge UPSIDE in rent. The rent amount of $817.00 is an AVERAGE. The lowest monthly rent for a unit is as low as $713.00. First time on the market in 38 years. Real beautiful apartment building on a double lot and 8 parking spots + 8 parking garages (used as storage) 7 of them are rented for $100 each and the eighth one is vacant. Every unit has laundry room.
Listing Information
Property Type: Cluster, Other
0.26 Acres 11,494 sq.ft. 5,998 (approx)
$300.1 1937
8 Total
Neighborhood
Room Information
Exterior / Lot Features
LARD1.5
Driving Directions
On the first Block east of Western Ave and 2 blocks north of Melrose Ave. Google-map it!
Financial Considerations
5535019010
,$41,352
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90029 has a population of 3,971,883.

The median household income in Los Angeles, California 90029 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 90029 is 34.6 years.

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