606 Chestnut Avenue, Los Angeles, CA 90042
  • MLS#: OC24232097 ( Multi Family )
  • Street Address: 606 Chestnut Avenue
  • Viewed: 2
  • Price: $4,300,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1973
  • Bldg sqft: 0
  • Days On Market: 4
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90042
  • Provided by: Signature One Realty Group, Inc
  • Contact: Meiling Meiling
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    We are pleased to present a 17 units apartment building located at 606 Chestnut Drive Los Angeles. As it is located in highland park, it is very close to South Pasadena. this property is being offered for sale for the first time since 1992. The units are comprised of all One Bedroom units, which are very large and average over 650 square feet each! The building has a gated access private parking lot in the back as well as parking for 18 cars, 17 cars for the tenants and 1 parking space for the property manager. The subject property is also separately metered for gas and electricity which helps keep expenses to a minimum. 606 Chestnut Drive is conveniently located just minutes from South Pasadena, and Downtown Los Angeles, with easy access to the parks and freeways. There are schools, shops, restaurants and amenities nearby, making this an ideal location for renters.
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Features
Building Area Total
  1. 12400.00
Commoninterest
  1. Community Apartment
Country
  1. US
Expense Year
  1. 2023
Insurance Expense
  1. 6267.00
Laundry Features
  1. Individual Room
Laundry Income
  1. 3600.00
Netoperatingincome
  1. 267839.00
Parcel Number
  1. 5493034027
Professionalmanagementexpense
  1. 3600.00
Property Type
  1. Multi Family
Totalexpenses
  1. 49209.00
Water Sewer Expense
  1. 13228.00
Water Source
  1. Public
Year Built
  1. 1973
Year Built Source
  1. Assessor