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735 Laconia Boulevard
Los Angeles, CA 90044

$2,000,000 Price reduced from $2,125,000 (-$125,000)
  • -- Beds
  • -- Baths
  • 5,184 sqft
  • Residential Income
  • Active
735 Laconia Boulevard, Los Angeles - 590026814
735 Laconia Boulevard, Los Angeles - 590026815
735 Laconia Boulevard, Los Angeles - 590026816
735 Laconia Boulevard, Los Angeles - 590026817
735 Laconia Boulevard, Los Angeles - 590026818
735 Laconia Boulevard, Los Angeles - 590026819
735 Laconia Boulevard, Los Angeles - 590026820
735 Laconia Boulevard, Los Angeles - 590026821
735 Laconia Boulevard, Los Angeles - 590026822

Property Description for 735 Laconia Boulevard, Los Angeles CA 90044

Non rent controlled, 1992 construction of a 7-Unit apartment building located within a great rental pocket. All 2 bed 1 bath units, 14 parking spaces (rented) and onsite laundry. Stabilized income stream with long term upside. Most major components of building have been modernized copper piping, upgraded electrical to 60 amp, new roof, pervious pavers, artificial landscape, dual pane windows, HVAC systems, new roof, fully enclosed property with gated entry and state of the art security camera system. Fully assumable loan with favorable terms @ 3.75% rate fixed for another 4.5 years, due in 20 and amortized over 30. Existing balance is around $1,312,000.

  • Property Class: Residential Income
  • Listing Status: Active
  • City: Los Angeles
  • State: CA
  • Zip: 90044
  • Area: 699 - Not Defined
  • County: Los Angeles
  • Class: Residential Income
  • Approx Lot Size: 0.248
  • Stories: 1
  • Baths (F/H): -- / --
  • Baths Partial: 0
  • Living Area (SqFt): 5,184 sqft
  • Lot Sq Ft Apx: 10798.00
  • Garage: 10.00
  • Year Built: 1991
  • Listing#: EV18275506
  • Parcel Number: 6117018019
  • List Date: 11/16/2018
  • Last updated on: 2/16/2019

Property Features for 735 Laconia Boulevard, Los Angeles CA 90044

  • Parking Features: Assigned
  • Year Built: 1991
  • Community Features: Curbs, Sidewalks
  • Zoning: Lard1.5
  • Lot Desc: 6-10 Units/Acre
  • Pool: None

Additional Information for 735 Laconia Boulevard, Los Angeles CA 90044

  • Expenses: 51525.00
  • Garage Style: Assigned
  • Gross Building Area: 5184.00
  • Gross Income: 143230.00
  • Net Income: 91705.00
Courtesy of Nathan Diones, Regioncy Real Estate
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.