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$269,500 Owner Wants out NOW!

501,505 w. 95th st. Los Angeles, Ca. 90044 / 9431 S. Figueroa St. Los Angeles, Ca. 90003

501,505 w. 95th st. Los Angeles, Ca. 90044 / 9431 S. Figueroa St. Los Angeles, Ca. 90003

 

 

 

$269500 / Discounted Pre-Foreclosure - Must Sell! FSBO Reduced

 

This Property is Being Sold As-Is
3 Income properties  on 1 lot
2, 1Bedroom/1Bathroom Single Family Rental Homes
1 Store front Bldg. (needs rehab)
1, 2Car Garage (needs new roof)
Total Lot size approx.  3528 sq. ft.
Each House approx. 654 sq. ft.
Garage  approx. 304 sq. ft.
Storefront shop Approx. 206 sq. ft.
501 has longtime reliable sec 8 tenant Rent $600/Mo.
505 Has a Great tenant Rent $940/Mo..
505 Recently renovated.  Has Garage, Driveway, & Backyard 


Recent upgrades 
*New Carpet
*New tile
*Bathroom upgrades
*New electrical panel
*New countertop
*Fresh paint
*New Ceiling fan
*New Windows
*New garbage disposal
*New pedestal sink

*
House roofs less than 10 yrs


This property is located in a current Los Angeles revitalization
area. The location is central to everything. 2 schools are in
walking distance. 5 to 10 Minutes from USC, Staples Center,
Los Angeles Sports Arena, The Nokia arena, The new L.A. Live,
& Downtown Los Angeles. Very close access to the 110,105 &
405 Fwy’s. There are also multiple churches, YMCA, Food
stores, & Fast food locations in very close proximity.

 
This Mixed use commercial property located in Los Angeles is priced
beThis Mixed use commercial property located in Los Angeles is priced
below market to sell FAST! This property  is being sold As-Is.  It consists
of two identical 1bedroom, 1bathroom  single family houses, a storefront
shop, and a garage. This property is a partial fixer-upper. The two houses
are in livable condition. One house has a long term section 8 tenant, and
the other house has new carpet, paint, ceiling fan, new tile, new kitchen
counter top, new light fixtures, new pedestal sink in the bathroom, as well
as other bathroom upgrades. Current market rents for this area range
from between 750 to 1100 for a one bedroom house. These two
properties can both conservatively generate at least $850-$900 in rents.      
  The store front shop, (a former beauty salon)  is in need of a major
rehab. The garage is in need of a new roof and if desired a new door.  
There is indeed a small backyard area. Unit 505 has access to both the
garage and the larger backyard. Owner is retiring. Must sell!
                     
           
Serious Value Play Opportunity     
  
For more photos and  information on this property or to place a bid on this property,  please feel free to contact us at:
 888-737-7728 or email us at
“admin@equityandbeyond.com”.
You may fax your  bid offer at : 323-230-7796 .
You can also place your bid by visiting our web site, “www.equityandbeyondrealestate.com” 

 

 

 

 

February 19, 2009 - Posted by curt4t | Uncategorized | | No Comments Yet

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