Los Angeles, CA 90022 5371 Louis Place
$1,300,000
4 more
Presented By: Lisa Donati with EXCELLENCE RE REAL ESTATE; 909-696-5578
Home Details
Opportunity Awaits those looking for a great investment! This is a Diamond in the Rough apartment complex with 10 units with 4-1 car enclosed garages in the rear and 1-2 car with alley access located in prime location of ELA which borders Montebello. There are 9 studio units, one being double studio and the tenth unit is a one bedroom that the seller occupies. All excellent paying tenants on month to month basis. Complex is gated for added securit. Located blocks and walking distance to DMV, major shopping centers, gas stations, bus transportation, restaurants, so much more.
Presented By: Lisa Donati with EXCELLENCE RE REAL ESTATE; 909-696-5578
Interior Features for 5371 Louis Place
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem1CommonWall
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Tile
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 5371 Louis Place
Additional Parcels Y/NNo
AppliancesItem6BurnerStove, GasOven
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesCurbs
CoolingNone
CountyLos Angeles
Days on Market116
Directionsoff Whittier Blvd & Atlantic Blvd
Electric Expense0.0
Entry Locationft Steps
Fuel Expense0.0
Garage Spaces5.0
Garage Y/NYes
Gross Income120000.0
HOA0.0
HeatingWallFurnace
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense0.0
Interior FeaturesHighCeilings, AllBedroomsUp, AllBedroomsDown
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet4930.0
Lot Size UnitsSquareFeet
MLS AreaC16 - Mid Los Angeles
MobileHomeRemainsYNNo
Net Operating Income8000.0
New ConstructionNo
NumberOfUnitsTotal10
Operating Expense7000.0
Pool FeaturesNone
Private PoolNo
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot135
Tenant PaysAllUtilities
TermsCash, Conventional, Item1031Exchange, Submit
Trash Expense0.0
View Y/NNo
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1928
Year Built SourceAssessor
Exterior for 5371 Louis Place
Building Area Total3360.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem610UnitsAcre
Lot Size Acres0.1132
Lot Size Area4930.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters1
Number of Separate Gas Meters1
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking5.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480