RTI Development Opportunity - Completely renovated duplex on a huge R3 lot. Property with great potential to add two more units while collecting rent from fully remodeled units. RTI plans are approved for two additional (1,350 Sqft each) units in the back of the lot. Each unit is individually metered for gas & electricity, and each unit has its own separate entrance. Currently, Duplex with each unit 2 bedroom, 1 bath. All the plans/permits will be provided to buyer at the close of escrow.
Property Sub Type:
Duplex
Property Attached:
Yes
Lot Area:
9,003 sq. ft.836 m2
Bathrooms:
-
(Full:-, Half:-)
Year built:
1924
(Age: 102)
General Listing Location:
Harbor City, 124 - Harbor City
County Or Parish:
Los Angeles
Tenant Pays:
All Utilities
Common Interest:
None
Gross Income:
$0
Gross Scheduled Income:
$61,200
Net Operating Income:
$57,500
Rent Control:
Yes
Total Actual Rent:
$30,600
Association Fee:
$0
Land Lease:
No
Electric Expense:
$0
Fuel Expense:
$0
Gardener expense:
1200.0
Insurance Expense:
$1,000
Operating Expense:
$3,700
Trash Expense:
$0
Water and Sewer Expense:
$1,500
Tax Lot:
12
Tax Block:
49
from PCH turn north on western and east on 257th St.