2108 Maple Ave, Los Angeles, CA 90011

$3,600,000
13
BD
26
BA
16,152
SqFt

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List Price
$3,600,000
MLS#
26653873
Year Built
1911
Bedrooms
13
Bathrooms
26
Living Sq. Ft
16,152
Lot Size
8,823
Lot Location
Corner Lot
Days on Market
219
Property Type
Multifamily
Stories
3

Property Description

RENTAL INCOME: $416,412.00 per year / $34,701.00 per month. Excellent opportunity to acquire a 26-unit apartment building in the Downtown L.A. / South Park area just south of the 10 Freeway. This 3-story, 16,152 sq. ft. building resides on an 8,823 sq. ft. corner lot which consists of thirteen 1 bed/1bath units and thirteen studios. Tremendous upside potential and is perfect for the investor looking to add more units to their portfolio at a low $138,461.00 cost per unit / $222.88 cost per square foot. The building is well taken care of and all units are mastered metered. The property is located several blocks south of the 10 Freeway on an excellent and quiet stretch of Maple Ave. and directly across the street from the Santee Education Complex. Excellent on-site manager / handy man. This asset is positioned in the northwest area of the 90011 zip code and 1.5 miles from the Crypto.com Arena. Large 1,000 sq. ft. plus basement that can potentially be used as laundry area. Seller selects all services.

Additional Information

Lot Description
Corners Established
Other Buildings
None
Heat
Wall Gas
Cooling
None
Number of Cars in Garage
None

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Calculator source: Real Geeks

Courtesy of Ashby & Graff, Billy Rojas - CA DRE#01395544

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