4761 Hubbard, Los Angeles, CA 90022

$1,200,000

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Listing courtesy of Listing Agent: John Wright (OWRIGHT@WRIGHTPROP.COM) from Listing Office: WRIGHT PROPERTY MANAGEMENT.

List Price
$1,200,000
Status
ACTIVE
Days on Market
68
MLS#
CV26128029
Subtype
Residential Income
Year Built
1922
Lot Size
15,843
Acres
0.36
MLS Area Major
Boyle Heights (BOYH)

Property Description

Court-ordered partition referee sale subject to court approval and overbid. 12-unit mixed-use income property on a corner lot in Boyle Heights, built 1922. Three structures on one parcel spanning 4755–4761 Hubbard St and the Fetterly St frontage. Unit mix: ten studios, one 1-bedroom, and one 3-bedroom. 100% occupied. Current gross monthly income $10,773. Trailing 12-month gross income $126,105; NOI $53,036. Property is subject to the Los Angeles Rent Stabilization Ordinance. Two units currently at no charge. Sold AS-IS, Where-Is. Partition Referee is exempt from disclosures. Buyer to conduct all due diligence. Sale subject to Superior Court confirmation and overbid. Buyer to submit offers in the form required by the court.

Additional Information

Taxes
$20,791
Zoning
R3
Appliances
Water Heater
Heating
Forced Air, Wall Furnace
Air Conditioning
Yes
Stories
Two Levels
Levels
Two
Pool Type
None
Garage Spaces
3

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.