Income Home for Sale in Los Angeles, California

4215 S Kansas Avenue, Los Angeles, California 90037, US

$ 3,650,000
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Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 3,650,000
  • MLS ID: PW24219007
  • Property Type: Income Home
  • WEB ID: PR03029207
  • Property Status: Active
  • Lot Size: 6,659sqft
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

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  • Price: $ 3,650,000
  • MLS ID: PW24219007
  • Property Type: Income Home
  • WEB ID: PR03029207
  • Property Status: Active
  • Lot Size: 6,659sqft
4215 Kansas Avenue is a 24-unit apartment building in Los Angeles, California. The property is in a strong rental location just a half-mile from Expo Park and top Los Angeles attractions that include the L.A. Memorial Coliseum, BMO Stadium, the Lucas Museum, the California Science Center, the California History Museum, and more. Furthermore, USC and the Metro Expo line are just one mile from the property. 4215 Kansas Avenue features 23 studio apartments and one one-bedroom unit. Many of the units have been upgraded, and all are separately metered for gas and electricity. The building also offers on-site laundry. Current rents offer a new investor 27 percent rental upside, and attractive assumable financing make this a great acquisition opportunity in a dense rental market. Assumable financing terms: Freddie Mac loan via CBRE with a fixed rate of 3.71% until May 1st, 2030. $1,268,411.93 balance remaining as of October 2024.

Additional Features

  • Rectangular Lot
  • Two
  • Parking spaces: 0.00
  • Listing Status: Active
  • Listing Agent: Steven Bogoyevac (lic# 01332755) of Pacific West
  • Listing Office: Steven M. Bogoyevac, Broker (lic# 01332755)
  • CO-Listing Agent: David O'Keefe (lic# 01928739) of Pacific West
  • CO-Listing Office: Marcus & Millichap (lic# 00530854)
  • Based on information from CRISNet MLS as of 30th November 2024 at 6:44pm. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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