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7516 S Western AvenueLos Angeles, CA 90047

For Sale

$1,350,000

Smart Buyer Rebate $13,500

We are pleased to offer this six unit investment opportunity, located in the City of Los Angeles. The unit mix consists of four 1+1 and two 2+1 units. The investment consists of approximately 4,180 of rentable square feet and is situated on an approximately 5,494 square foot parcel. Recent property upgrades include new exterior lighting, new exterior building and unit numbers, an on-site surveillance system, and two rent ready units. The building amenities include a large parking area with six total spaces, and the property is separately metered for both gas & electricity.

Listed by Ian Hollinger

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License #01889125

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BRC Advisors- BH

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13105253741

Listed by Griffin White

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License #02031785

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BRC Advisors- BH

Last updated December 04, 2024

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Source: CRMLS #24450139

Listing Facts

  • TypeMulti-family
  • NeighborhoodManchester Square
  • Bedrooms8
  • Days on Prevu337
  • Size4,180 sqft
  • Price per sqft$323

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/07/2024
Listed by BRC Advisors- BH
$1,350,000

Property Details for 7516 S Western Avenue

Exterior

Construction

  • Number Of Units Total: 6
  • Stories: 1
  • Stories Total: 2
  • Year Built: 1953

Measurements

  • Building Area Total: 4,180
  • Lot Size Acres: 0.12
  • Lot Size Area: 5,494
  • Lot Size Source: Other
  • Lot Size Square Feet: 5,494
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 7.11
  • Gross Income: $135,852.00

Taxes

  • Parcel Number: 6018016014

Interior

Measurements

  • Living Area: 4,180

Rooms

  • Bathrooms Total Integer: 6
  • Bedrooms Total: 8

Parking

Parking

  • Parking Features: Assigned
  • Parking Total: 6

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.