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Listed by: Benjamin Lin (626) 233-3678 DRE #01383988 | 1000 Realty Corporation (626) 656-8600
$2,100,000
13 Beds
- 10 Baths
5,616sqft
1034 S Herbert, Los Angeles, CA 90023
$2,100,000
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Apartment
Built in 1992
$-- HOA
11,841 sqft lot
$374/sq.ft
Description
7 Large Units in LA county with Huge Lot Built in 1992. Great actual income with 6.6% CAP rate. The rents are still well below market, giving the buyer tremendous potential to increase income further. Convenient location: about 5 miles to Monterey Park & Downtown LA, 7 miles to Alhambra and 8 miles to South Pasadena. Close to USC Medical Center, Cal State LA, Boyle Heights and employment hubs. Walking distance to shops, schools, and neighborhood dining. Centrally located near Arts District. Vibrant cultural community with strong rental demand. Minutes to major freeways (I-5, I-10, 710 & 60) . Easy commuter access. This is a value-add investor’s dream: long-term tenants, b...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1992
HOA Fees
-
Finished Area
5,616 sqft
Lot Size
11,841 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
AR26026771
MLS Status
Active
Days on Market
201
Cumulative Days on Market
243
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