710 E 50th St
36 Unit Apartment Building $3,092,775 CAD ($85,910 CAD/Unit) Los Angeles, CA 90011
EXECUTIVE SUMMARY
We are pleased to present 710 E 50th St, an 8 unit 2 Bedroom, 2 bath and 1Bedroom 1 Bath mix. These are all large units that can be converted to add at least 1 more bedroom per unit. All units are currently collecting under market rents and can easily collect more rent. Market rents in the area are $3,200 for 2 Bedroom Units and $2,400 for 1 Bedroom Units. Each unit has assigned parking and is centrally located near the 110 Freeway, as well as 10 Freeway and close to USC and Downtown LA.
FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
PROPERTY FACTS
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 1 | $2,992 CAD | 1,012 |
| 1+1 | 2 | $11,865 CAD | 850 |
| 2+2 | 3 | $2,001 CAD | 1,012 |
| 1+1 | 4 | $1,838 CAD | 850 |
| 1+1 | 5 | $1,532 CAD | 850 |
| 2+2 | 6 | $2,956 CAD | 1,012 |
| 1+1 | 7 | $1,177 CAD | 850 |
| 2+2 | 8 | $1,893 CAD | 1,012 |
1 of 1
Walk Score®
Very Walkable (71)
Bike Score®
Very Bikeable (72)
PROPERTY TAXES
| Parcel Number | 5108-013-012 | Improvements Assessment | $774,008 CAD (2024) |
| Land Assessment | $707,928 CAD (2024) | Total Assessment | $1,481,936 CAD (2024) |
ZONING
| Zoning Code | LAR2 |
CONTACT
-
Carlos Sandoval - WestSideInvestments.com
