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531 Brittania St

Los Angeles, CA 90033
  • $1,100,000
  • STATUS: ACTIVE
  • ON SITE: 11 Days
  • ID#: SB24139109
UPDATED: 67 min ago
$1,100,000
  • 4
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

531 Brittania St is a six unit apartment complex located in Boyle Heights. Property consists of three separate buildings. One building consists of (5) 1 Bed /1 Bath Units + (1), Second building consists of 3 Bed + 1 Bath and the Third building has 6 single car garages totaling 3,666 sq ft on a 8,189 sq ft lot zoned LAR3. With current rents, 15.01 GRM & 4% CAP. Market GRM 7.11 | Current CAP 11.27%. There is over 116% of market upside! All tenants are up to date and month to month. Gas shut off valves have already been installed. Upcoming area in the city of Boyle Heights! 531 Brittania St is a six unit apartment complex located in Boyle Heights. Property consists of three separate buildings. One building consists of (5) 1 Bed /1 Bath Units + (1), Second building consists of 3 Bed + 1 Bath and the Third building has 6 single car garages totaling 3,666 sq ft on a 8,189 sq ft lot zoned LAR3. With current rents, 15.01 GRM & 4% CAP. Market GRM 7.11 | Current CAP 11.27%. There is over 116% of market upside! All tenants are up to date and month to month. Gas shut off valves have already been installed. Upcoming area in the city of Boyle Heights!

Monthly Payment Calculator

San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.mercergrouprealestate.com/homes/152484146
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531 Brittania St Los Angeles, CA 90033

  • Price: $1,100,000
  • Status: ACTIVE
  • On Site: 11 Days
  • Updated: 67 min ago
  • ID#: SB24139109
4
Beds
0
Baths
0
½ Baths
0.19
Acres
Neighborhood:
Los Angeles (90033)
County:
Los Angeles
Area:
Los Angeles (90033)
Property Description
531 Brittania St is a six unit apartment complex located in Boyle Heights. Property consists of three separate buildings. One building consists of (5) 1 Bed /1 Bath Units + (1), Second building consists of 3 Bed + 1 Bath and the Third building has 6 single car garages totaling 3,666 sq ft on a 8,189 sq ft lot zoned LAR3. With current rents, 15.01 GRM & 4% CAP. Market GRM 7.11 | Current CAP 11.27%. There is over 116% of market upside! All tenants are up to date and month to month. Gas shut off valves have already been installed. Upcoming area in the city of Boyle Heights! 531 Brittania St is a six unit apartment complex located in Boyle Heights. Property consists of three separate buildings. One building consists of (5) 1 Bed /1 Bath Units + (1), Second building consists of 3 Bed + 1 Bath and the Third building has 6 single car garages totaling 3,666 sq ft on a 8,189 sq ft lot zoned LAR3. With current rents, 15.01 GRM & 4% CAP. Market GRM 7.11 | Current CAP 11.27%. There is over 116% of market upside! All tenants are up to date and month to month. Gas shut off valves have already been installed. Upcoming area in the city of Boyle Heights!
Exterior Features

Pool N/K Site Sidewalks

Interior Features

Cooling N/K Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1

Property Features

Actual Cap Rate 11.27 Annual Expense Actual 4357 Buildings 3 Cfd Mello Roos Fee 5.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 7.11 Gross Scheduled Income Actual 71748 Monthly Total Fees 0 Possession Close of Escrow Tenant Pays ElectricityGas/Propane Terms CashConventionalExchangeFHA Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 848.0 Unit2 Rent Actual 848.0 Unit3 Rent Actual 818.0 Unit4 Rent Actual 764.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Evelyn Baez Gonzalez of Lyon Stahl Investment Real Estate, Inc.: 951-902-3006. Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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