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3940 Dobinson Street
Los Angeles, CA 90063

$789,000 
  • -- Beds
  • -- Baths
  • 3,154 sqft
  • Residential Income
  • Active
3940 Dobinson Street, Los Angeles - 590026055
3940 Dobinson Street, Los Angeles - 590026056
3940 Dobinson Street, Los Angeles - 590026057

Property Description for 3940 Dobinson Street, Los Angeles CA 90063

Great investment! Bread and butter to investors. Rent is way below the market and has a lot of room to growth. NO RENT CONTROL. Rent around neighborhood ($1600-$1800/mo. X 4=$6400-$7200/mo.) instead of ( 3670/mo.); even higher around Cal State LA. H. Great location!!! Close to Downtown LA, Cal State LA, LA + USC Medical Center, USC Health Sciences Campus, Citadel Shopping Mall Plaza. Added smoke detectors/Carbon Monoxide Detectors and Earthquake heater strappers to all units after obtained. Very rare property!!! in this market has same track number with 2 separate lots [this existing triplex on 1 lot and another empty lot which can construct another duplex ( 2400 sqft each)]. BUYER TO VERIFY WITH CITY AGAIN. There is a way to separate to 2 different address; ask the owner how. Fireplace: Gas, Heating: Gas. Permited triplex has (Unit #1) 2BR + 1BA (rent:$980/mo.), (Unit #2) 2BR + 1BA (rent:$920/mo.), (Unit #3) 2BR + 1BA (rent:$920/mo.) and (Unit #4) 2BR + 2BA (rent:$850/mo.) [without permit]. 3 tenants are living 20+ years, the other one is 10+ years. Total rent: $3670/mo. PRO FORMA CAPE RATE IS 9.6%. Property Sold AS_IS.

  • Property Class: Residential Income
  • Listing Status: Active
  • City: Los Angeles
  • State: CA
  • Zip: 90063
  • Area: 699 - Not Defined
  • County: Los Angeles
  • Class: Residential Income
  • Approx Lot Size: 0.139
  • Baths (F/H): -- / --
  • Baths Partial: 0
  • Living Area (SqFt): 3,154 sqft
  • Lot Sq Ft Apx: 6034.00
  • Year Built: 1917
  • Listing#: PW18135292
  • Parcel Number: 5227016012
  • List Date: 6/7/2018
  • Last updated on: 4/19/2019

Property Features for 3940 Dobinson Street, Los Angeles CA 90063

  • Year Built: 1917
  • Community Features: Sidewalks
  • Zoning: LCR2*
  • Lot Desc: Lot 6500-9999
  • Pool: None

Additional Information for 3940 Dobinson Street, Los Angeles CA 90063

  • Expenses: 9028.00
  • Gross Building Area: 3154.00
  • Gross Income: 44040.00
  • Net Income: 35012.00
Courtesy of Thomas Luong, Superior Real Estate Group
Copyright 2019, California Regional Multiple Listing Service, Inc.. All Rights Reserved.
Based on information from California Regional Multiple Listing Service, Inc. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.