4026 Morgan Avenue, Los Angeles, CA 90011
  • MLS#: 25502429 ( )
  • Street Address: 4026 Morgan Avenue
  • Viewed: 2
  • Price: $1,250,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1963
  • Bldg sqft: 0
  • Days On Market: 136
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90011
  • Provided by: Keller Williams Beverly Hills
  • Contact: Ramin Ramin
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Priced at 6.27% CAP and 10.33 GRM with current low rents. Value add deal with approximately 68% upside in rents! Priced at 6.15 GRM and 12.66% CAP with rents at market. Please contact listing agent for marketing package. Keller Williams Commercial Beverly Hills has been exclusively retained by the owner in connection with the sale of 4026 S. Morgan Ave, a 6 unit apartment building centrally located in South Los Angeles within minutes to USC, Downtown LA, Arts District, Crypto Arena and the Fashion District. The Property has been well maintained by the current ownership and is fully occupied. Excellent unit mix consisting of five large 2 bedroom 1 bath units and one 3 bedroom 2 bath unit. The property is separately metered for gas, electricity and tenants pay their own trash bill. Property features gated parking and on site laundry room with machines owned by Seller.
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Features
Building Area Total
  1. 4538.00
Country
  1. US
Heating
  1. Wall Furnace
Levels
  1. Two
Netoperatingincome
  1. 78328.00
Parcel Number
  1. 5117011009
Parking Features
  1. Gated
Postalcodeplus4
  1. 2254
Security Features
  1. Automatic Gate
  2. Gated Community
Sourcesystemkey
  1. 25502429:CLAW
Tenant Pays
  1. Electricity
  2. Gas
  3. Trash Collection
Totalexpenses
  1. 39073.00
Year Built
  1. 1963
Zoning
  1. LAR2