4215 Kansas Avenue, Los Angeles, CA 90037
  • MLS#: PW24219007 ( Commercial/Residential )
  • Street Address: 4215 Kansas Avenue
  • Viewed: 2
  • Price: $3,650,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1924
  • Bldg sqft: 0
  • Days On Market: 25
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90037
  • Provided by: Steven M. Bogoyevac, Broker
  • Contact: Steven Steven
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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.
Property Location and Similar Properties
Request More Information
  • All fields are required.
Contact Patrick Adams
Contacting Patrick Adams
  • All fields are required.
Schedule A Showing
Schedule a Showing.
  • All fields are required.
Check this box to Register with us:
Features
Building Area Total
  1. 9550.00
Commoninterest
  1. None
Common Walls
  1. No Common Walls
Country
  1. US
Electric Expense
  1. 0.00
Fuel Expense
  1. 0.00
Garage Spaces
  1. 0.00
Insurance Expense
  1. 0.00
Laundry Features
  1. Community
Levels
  1. Two
Lot Features
  1. Rectangular Lot
Netoperatingincome
  1. 175626.00
Number Of Separate Electric Meters
  1. 24
Number Of Separate Gas Meters
  1. 24
Parcel Number
  1. 5020021004
Pool Features
  1. None
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Commercial/Residential
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 425776686:CRM
Totalexpenses
  1. 120379.00
Trash Expense
  1. 0.00
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 1924
Year Built Source
  1. Assessor
Zoning
  1. LAR3