4222 Hooper Ave, Los Angeles, CA 90011
4222 Hooper Ave, Los Angeles, CA 90011
4222 Hooper Ave, Los Angeles, CA 90011
17
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$1,125,000
Est. payment /mo
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12 Beds
7 Baths
6,460 SqFt
New

4222 Hooper Ave Los Angeles, CA 90011

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,460 sqft

Price per Sqft $174

MLS Listing ID 26982531

Bedrooms 12

Year Built 1929

Lot Size 5,150 Sqft

Acres 0.1182

Property Sub-Type Multi-Family

Property Description

Investor' s Prime location, just minutes away from Downtown LA, USC, BMO Stadium, George Lucas' Billion Dollar Museum, Thomas Jefferson High School and Exposition Park, where the 2028 Olympics will be held! The property consists of 7 large UNITS / 2 two story buildings , with an attractive combination of existing income and long-term upside, a great unit mix consisting of (4) 2 Bed / 1 Bath, (3) 1 Bed / 1 Bath units. Excellent in-place cash flow on day one, with the benefit of an additional of 35% upside in rents. POSITIVE cash on cash return with current rents. ESTIMATED 7.36 % cap rate, 9.21GRM. Electric and Gas utilities for both buildings are separately metered. Inside with an accepted offer. Fully occupied building , do not disturb tenants . call agent for ore information and Make an offer on the car form RIPA.

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LARD2

Rooms

Other Rooms None

Interior

Heating Natural Gas, Space Heater, Wall

Cooling Ceiling Fan, Wall/Window, Window Unit(s)

Flooring Porcelain, Engineered Hardwood, Mixed, Carpet

Equipment Ceiling Fan, Dryer, Washer, Refrigerator, Range/Oven

Laundry In Unit

Exterior

Parking Features None

Building

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by ZARA Equity Corp.

NEARBY SCHOOL & BUSINESS

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Todd Kingsley

Todd Kingsley

Agent License ID: 02118744

+1(310) 710-8633

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4222 Hooper Ave