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823 S Plymouth Boulevard

Hancock Park, CA 90005
  • $5,600,000
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: PW23166157
$5,600,000
  • 0
    BEDS
  • 0.41
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1957
County:

School Ratings & Info

Listing Agent(s): Everett Wong of Greysteel California, Inc. (310-439-5794)


Description

Don't miss this stunning, 20-Unit value-add opportunity located just south of Hancock Park delivered with 2 spacious 1-bedroom vacancies! The property is located on a quiet, beautiful tree-lined street just two blocks from the stunning homes of Fremont Place (a private gated residential community). 823 S. Plymouth features a desirable unit mix consisting of 16 one-bedroom units, 2 two-bedroom units and 2 singles - with approximately 47% upside in rents from current to market. The courtyard style property features a central swimming pool, on-site laundry facilities and ample parking. The property is subject to the Los Angeles Seismic Retrofit Ordinance with plans submitted.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-22T00:30:34.39. 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 Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/143107424
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823 S Plymouth Boulevard Hancock Park, CA 90005

  • Price: $5,600,000
  • Status: Active
  • On Site: 16 Days
  • MLS #: PW23166157
0
Beds
0
Baths
0
½ Baths
0.41
Acres
1957
Built
Neighborhood:
C18 - Hancock Park-Wilshire
County:
Los Angeles
Area:
C18 - Hancock Park-Wilshire
Property Description
Don't miss this stunning, 20-Unit value-add opportunity located just south of Hancock Park delivered with 2 spacious 1-bedroom vacancies! The property is located on a quiet, beautiful tree-lined street just two blocks from the stunning homes of Fremont Place (a private gated residential community). 823 S. Plymouth features a desirable unit mix consisting of 16 one-bedroom units, 2 two-bedroom units and 2 singles - with approximately 47% upside in rents from current to market. The courtyard style property features a central swimming pool, on-site laundry facilities and ample parking. The property is subject to the Los Angeles Seismic Retrofit Ordinance with plans submitted.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 21 Parking Total 0 Pool Features CommunityIn Ground Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features UrbanPool Electric Expense 6973 Fuel Expense 4741 Garage YN No Gross Income 365820 Gross Scheduled Income 365820 Insurance Expense 11338 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Conventional Net Operating Income 226256 New Construction YN No Number Of Separate Gas Meters 21 Number Of Separate Water Meters 1 Operating Expense 130262 Property Sub Type Mixed Use Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 3807 Water Sewer Expense 6973 Water Source Public Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-22T00:30:34.39. 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 Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Everett Wong of Greysteel California, Inc. (310-439-5794)