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    825 Crocker Street

    Los Angeles (City), CA 90021
    • $4,400,000
    • STATUS: Active
    • ON SITE: 226 days
    • ID#: 20627076
    UPDATED: 22 min ago
    $4,400,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 13,371
      SQFT
    • $329
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1908
    County:

    School Ratings & Info

    Description

    Great investment opportunity in prime Downtown Fashion District with huge upsides in rent. The units are currently Single Room Occupancy units but could be converted into Studio Apartments (buyer to verify). There are 33 units-11 on each floor. There are 2 bathrooms on each floor. Building has tremendous cash flow potential. Rapidly gentrifying area, highly walkable, and with easy access to public transportation. There are separate Electric Meter per Each Apartment. Each apartment is currently on Month to Month rent. Sold AS-IS! Broker/Agent does not guarantee the accuracy of bedroom/bathroom counts, square footage, lot size, rents, expenses, or other information concerning the condition or features of property provided by Seller or obtained from public records or other sources. Buyer and/or Buyer's Agent to independently verify the information.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-17T13:27:47.723. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty Masters & Associates. Licensed in the State of California, USA.
    www.mckeeregroup.com/homes/109635208
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    825 Crocker Street Los Angeles (City), CA 90021

    • Price: $4,400,000
    • Status: Active
    • Updated: 22 min ago
    • ID#: 20627076
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    13,371
    SQFT
    $329
    $/SQFT
    1908
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    Great investment opportunity in prime Downtown Fashion District with huge upsides in rent. The units are currently Single Room Occupancy units but could be converted into Studio Apartments (buyer to verify). There are 33 units-11 on each floor. There are 2 bathrooms on each floor. Building has tremendous cash flow potential. Rapidly gentrifying area, highly walkable, and with easy access to public transportation. There are separate Electric Meter per Each Apartment. Each apartment is currently on Month to Month rent. Sold AS-IS! Broker/Agent does not guarantee the accuracy of bedroom/bathroom counts, square footage, lot size, rents, expenses, or other information concerning the condition or features of property provided by Seller or obtained from public records or other sources. Buyer and/or Buyer's Agent to independently verify the information.
    Exterior Features

    Parking Features None

    Interior Features

    Cooling None Cooling YN No Heating None Heating YN No

    Property Features

    Disclosures Call AgentExclusions Disclosure Gross Income 316800 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 249960 Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Lam2

    Listing provided courtesy of Yehuda Rafael of Prime Group Realty and Afshin Ben Rafael of Exclusive Realty & Finance


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-17T13:27:47.723. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty Masters & Associates. Licensed in the State of California, USA.
     
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