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649 Alpine St

Los Angeles, CA 90012
  • $1,098,000
  • STATUS: Active Under Contract
  • ON SITE: 141 Days
  • ID#: 22-180347
Under Contract
UPDATED: 57 min ago
$1,098,000
  • 10
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,757
    SQFT
  • $292
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1973
County:
Area:

School Ratings & Info

Description

Have you been searching for the perfect investment property? Well look no further! This 3-unit building was a dream built by the patriarch of the family. In 1973 he saw an empty dirt lot in a prime Chinatown location and decided to build a family home with the extra security of rental income. The owner's unit has an upstairs and a downstairs with a built-in wok in the kitchen. Each unit is spacious with 3 bedrooms and 2 baths. Plenty of storage space and parking for 4 cars. Unit 1, the owner's unit will be delivered vacant and the other 2 units will be delivered with tenants. Wonderful opportunity to buy and hold. Centrally located to public transportation, shopping, great restaurants, and all the culture of Chinatown and the Downtown art galleries and museums. Great potential!

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-12-07T10:42:48.187. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.realestatetoolbox.com/homes/131029110
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649 Alpine St Los Angeles, CA 90012

  • Price: $1,098,000
  • Status: Active Under Contract
  • On Site: 141 Days
  • Updated: 57 min ago
  • ID#: 22-180347
10
Beds
0
Baths
0
½ Baths
0.09
Acres
3,757
SQFT
$292
$/SQFT
1973
Built
Neighborhood:
Chinatown
County:
Los Angeles
Area:
Chinatown
Property Description
Have you been searching for the perfect investment property? Well look no further! This 3-unit building was a dream built by the patriarch of the family. In 1973 he saw an empty dirt lot in a prime Chinatown location and decided to build a family home with the extra security of rental income. The owner's unit has an upstairs and a downstairs with a built-in wok in the kitchen. Each unit is spacious with 3 bedrooms and 2 baths. Plenty of storage space and parking for 4 cars. Unit 1, the owner's unit will be delivered vacant and the other 2 units will be delivered with tenants. Wonderful opportunity to buy and hold. Centrally located to public transportation, shopping, great restaurants, and all the culture of Chinatown and the Downtown art galleries and museums. Great potential!
Exterior Features

Covered Parking 4 Cross Streets Between Hill And College St. Lot Size Area 3940 Other Structures None Parking Garage Covered Parking Style Contemporary Total Parking 4

Interior Features

Baths Total 6.00 Common Walls Attached Cooling None Equipment None Heating Wall

Property Features

Assessed Total Value 188843 Gross Income 19344 Gross Operating Income 18244 Like Units1 1 Like Units2 2 Like Units3 3 Net Operating Income 18244.00 Number Of Buildings 1 Number Of Units 3 Owner Pays Water Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Tenant Pays ElectricityGas Total Annual Expense 1100 Type Of Units Attached Year Built Source Assessor Zoning Lar4

Listing provided courtesy of Andrea Marcum-Valentine DRE#01737314 of Exp Realty Of California Inc: 888-584-9427.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-12-07T10:42:48.187. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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