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4024 Nicolet Avenue

Los Angeles (City), CA 90008
  • $4,900,000
  • STATUS: Active
  • ON SITE: 37 Days
  • ID#: 23328322
$4,900,000
  • 0
    BEDS
  • 0.36
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1958
County:

School Ratings & Info

Listing Agent(s): Michael Pesci of Keller Williams Studio City (818-432-1500) and James Antonucci of Keller Williams Realty-Studio City(818-432-1500)


Description

We are pleased to present this Excellent Los Angeles Location, Great Unit Mix - 13 - 1 Bedroom + 1 Bathroom, 7 - 2 Bedroom + 2 Bathroom Units with 20%+ Rental Upside! 12.15 X GRM, 4.90% CAP at current rents! Soft-Story Retrofit Completed in 2018! Gated Entry with Gated On-Site Parking! Zoned LAR3 on large lot! Spacious Units!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-10T00:27:15.49. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Nelson Team | American Home Realty. Licensed in the State of California, USA.
www.nelsonteamrealestate.com/homes/144964483
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4024 Nicolet Avenue Los Angeles (City), CA 90008

  • Price: $4,900,000
  • Status: Active
  • On Site: 37 Days
  • ID#: 23328322
0
Beds
0
Baths
0
½ Baths
0.36
Acres
1958
Built
Neighborhood:
PHHT - Park Hills Heights
County:
Los Angeles
Area:
PHHT - Park Hills Heights
Property Description
We are pleased to present this Excellent Los Angeles Location, Great Unit Mix - 13 - 1 Bedroom + 1 Bathroom, 7 - 2 Bedroom + 2 Bathroom Units with 20%+ Rental Upside! 12.15 X GRM, 4.90% CAP at current rents! Soft-Story Retrofit Completed in 2018! Gated Entry with Gated On-Site Parking! Zoned LAR3 on large lot! Spacious Units!
Exterior Features

Parking Total 14

Interior Features

Heating Wall Furnace Heating YN Yes

Property Features

Association Fee 0 Cap Rate 4.9 Community Features Gated Gross Scheduled Income 33432 Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash Net Operating Income 240305 Security Features Gated Community Special Listing Conditions Standard Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-10T00:27:15.49. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Nelson Team | American Home Realty. Licensed in the State of California, USA.
 
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The Nelson Team | American Home Realty
10 Via Del Tesoro
San Clemente CA, 92673
Listing Agent(s): Michael Pesci of Keller Williams Studio City (818-432-1500) and James Antonucci of Keller Williams Realty-Studio City(818-432-1500)