Los Angeles, CA 90003 225 W Century Boulevard

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  • MLS# SB21203374
  • 09/15/2021
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Presented By: Josue Najera with Equinox Strategic Partners - 310-666-6780
  • Beds • 8
  • Baths • 4
  • SQFT • 2,598
  • Year Built • 1963

Home Details

Upside Opportunity in Los Angeles – Listed at a 4.7% Cap Rate with a Proforma Cap Rate of 7.8%. Investors: This is a great opportunity to acquire an income-producing property with substantial upside. The exterior and interior are in healthy condition. Each unit has it's own separate gas and electric meters. This property contains 4 units at 2 Bedroom and 1 Bathroom each. Rents are scheduled to increase in October and all tenants are current in their rent and pay on time, every time. Each tenant has their own parking space in the back. This property is located along the highly trafficked corridors of Century Blvd and Broadway minutes from the 110 freeway. In one of the densest areas of Los Angeles. This property has substantial rent upside as most units are currently in section 8 and well under the market. Passive income potential and property appreciation opportunity as investors and developers continue to advance this area.
Presented By: Josue Najera with Equinox Strategic Partners - 310-666-6780

Interior Features for 225 W Century Boulevard

Other Interior Features

Air Conditioning Y/NNo
Common Walls2+ Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone

General for 225 W Century Boulevard

Additional Parcels Y/NNo
Community FeaturesStreet Lights, Sidewalks
CoolingNone
Garage Spaces0
Garage Y/NNo
HeatingNone
Land Lease Y/NNo
LevelsTwo
Listing AgentJosue Najera - BRE#01929085
Listing Agent State License01929085
Lot Size Square Feet4418
MLS Area699 - Not Defined
Open Parking Spaces4
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidential Income
PropertyConditionUpdated/Remodeled
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
StatusActive
Stories2
Terms1031 Exchange
Total Actual Rent4674
Total Units4
UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Virtual TourClick here
Water Sewer Expense2100
ZoningLAR2

Exterior for 225 W Century Boulevard

Lot Features0-1 Unit/Acre
Lot Size Acres0.1
Lot Size Area4418
Lot Size SourceAssessor
Lot Size UnitsSquare Feet
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Parking FeaturesOn Site
Total Parking4
Water SourcePublic

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group REALTOR® DRE 02015480
Price $925,000
MLS#SB21203374
List Date 09/15/2021
Property Type Income
Phone 310.658.1749
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