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    5333 Hyde Street

    Los Angeles (City), CA 90032
    • $2,000,000
    • STATUS: Active
    • ON SITE: 74 days
    • ID#: RS21155396
    UPDATED: 55 min ago
    $2,000,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    Astounding and Updated Apartment Building in East Los Angeles - El Sereno! Conveniently located only minutes from Cal State Los Angeles and USC-Health Science Campus, this 6-unit apartment building includes five 2BR/1BA units and one 1BR/1BA unit. Approaching the building, you immediately notice the durable stucco exterior, balconies, and towering nearby palm trees. All units have openly flowing floorplans, spacious living rooms, tons of natural light, generously sized bedrooms, outdoor patio areas, and fully equipped kitchens with gas ranges, ample wood cabinetry, stainless-steel sinks, solid surface countertops, and refrigerators. Two of the units have been newly renovated and feature new appliances, fresh paint, new flooring, and updated fixtures. Both newly renovated units will be delivered vacant to the new buyer. Two units are currently occupied with month-to-month leases, while two other units are occupied with one-year leases. Ideally nestled in a highly desirable rental area and situated adjacent to Alhambra and South Pasadena, these units offer tenants close proximity to an array of amenities, including public transportation, restaurants, grocery stores, Costco, Target, I-10, I-710, banks, drug stores, and multiple parks! Tenants may enjoy gated parking and also have street parking available for use. Perfect for a savvy investor seeking positive cashflow, this 6-unit apartment building delivers a range of possibilities and potential exit strategies. Call now for your private showing!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-28T11:31:35.1. 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 Najar Group | Keller Williams Realty. Licensed in the State of California, USA.
    www.thenajargroup.com/homes/119369922
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    5333 Hyde Street Los Angeles (City), CA 90032

    • Price: $2,000,000
    • Status: Active
    • Updated: 55 min ago
    • ID#: RS21155396
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1964
    Built
    Neighborhood:
    621 - El Sereno
    County:
    Los Angeles
    Area:
    621 - El Sereno
    Property Description
    Astounding and Updated Apartment Building in East Los Angeles - El Sereno! Conveniently located only minutes from Cal State Los Angeles and USC-Health Science Campus, this 6-unit apartment building includes five 2BR/1BA units and one 1BR/1BA unit. Approaching the building, you immediately notice the durable stucco exterior, balconies, and towering nearby palm trees. All units have openly flowing floorplans, spacious living rooms, tons of natural light, generously sized bedrooms, outdoor patio areas, and fully equipped kitchens with gas ranges, ample wood cabinetry, stainless-steel sinks, solid surface countertops, and refrigerators. Two of the units have been newly renovated and feature new appliances, fresh paint, new flooring, and updated fixtures. Both newly renovated units will be delivered vacant to the new buyer. Two units are currently occupied with month-to-month leases, while two other units are occupied with one-year leases. Ideally nestled in a highly desirable rental area and situated adjacent to Alhambra and South Pasadena, these units offer tenants close proximity to an array of amenities, including public transportation, restaurants, grocery stores, Costco, Target, I-10, I-710, banks, drug stores, and multiple parks! Tenants may enjoy gated parking and also have street parking available for use. Perfect for a savvy investor seeking positive cashflow, this 6-unit apartment building delivers a range of possibilities and potential exit strategies. Call now for your private showing!
    Exterior Features

    Lot Features Corner LotLawnRectangular LotStreet Level Number Of Separate Electric Meters 7 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Common Walls No Common Walls

    Property Features

    Additional Parcels YN No Common Interest Community Apartment Community Features Street LightsSidewalks Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 137760 Gross Scheduled Income 137760 Insurance Expense 4000 Land Lease YN No Laundry Features Common AreaWasher HookupGas Dryer HookupStacked Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 Exchange Net Operating Income 110208 New Construction YN No Number Of Separate Gas Meters 7 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 27552 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 7280 Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning Lar1

    Listing provided courtesy of Stephen Eng of Re/Max Of Cerritos


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-28T11:31:35.1. 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 Najar Group | Keller Williams Realty. Licensed in the State of California, USA.
     
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    The Najar Group | Keller Williams Realty
    1014 Broadway Ste C
    El Cajon CA, 92021