9012 Columbus Avenue

    North Hills, CA 91343
    • $1,300,000
    • STATUS: Active
    • ON SITE: 116 days
    • ID#: 19469728
    $1,300,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,790
      SQFT
    • $271
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1959
    County:

    School Ratings & Info

    Description

    9012 Columbus Street presents a unique opportunity to capitalize on a well-maintained multifamily property in North Hills, an extremely desirable and one of Los Angeles' most popular rental markets. This property is in proximity of essential dining and shopping centers as well as the Sepulveda Recreation Center-which offers a picnic area, tennis courts, heated pool, sports fields, and many other recreational options and activities. This building is comprised of 6 units - four 2 bedrooms and two 1 one bedroom - which is ideal for the working-class neighborhood where these types of units are in constant demand. Each unit has a water heater and the property has been upgraded with copper plumbing. 9012 Columbus is an aesthetically pleasing, clean, and well-maintained property that has room for value to be added, especially as rental rates continue to climb through Los Angeles.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-17T00:36:38.033. 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 J1 REALTY GROUP. Licensed in the State of California, USA.
    www.j1re.com/homes/95139985

    9012 Columbus Avenue North Hills, CA 91343

    • Price: $1,300,000
    • Status: Active
    • ID#: 19469728
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    4,790
    SQFT
    $271
    $/SQFT
    1959
    Built
    Neighborhood:
    NOH - North Hills
    County:
    Los Angeles
    Area:
    NOH - North Hills
    Property Description
    9012 Columbus Street presents a unique opportunity to capitalize on a well-maintained multifamily property in North Hills, an extremely desirable and one of Los Angeles' most popular rental markets. This property is in proximity of essential dining and shopping centers as well as the Sepulveda Recreation Center-which offers a picnic area, tennis courts, heated pool, sports fields, and many other recreational options and activities. This building is comprised of 6 units - four 2 bedrooms and two 1 one bedroom - which is ideal for the working-class neighborhood where these types of units are in constant demand. Each unit has a water heater and the property has been upgraded with copper plumbing. 9012 Columbus is an aesthetically pleasing, clean, and well-maintained property that has room for value to be added, especially as rental rates continue to climb through Los Angeles.
    Exterior Features

    Lot Size Units Square Feet Parking Features Other Parking YN Yes

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features See Remarks

    Property Features

    Cap Rate 4.02 Gross Multiplier 14.37 Gross Operating Income 87820.00 Improvements Amount 334775 Land Value 502164 Laundry YN Yes Net Operating Income 52273.00 Special Listing Conditions Standard Total Expenses 35546.00 Zoning Lar3

    Listing provided courtesy of Daniel Withers of Matthews Real Estate Investmen


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-17T00:36:38.033. 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 J1 REALTY GROUP. Licensed in the State of California, USA.
     
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    Irvine CA, 92606