4024 Nicolet Avenue Los Angeles, CA ^$ 4,900,000

4024 Nicolet Avenue

^$ 4,900,000

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4024 Nicolet Avenue

Los Angeles, CA, 90008

^$ 4,900,000

Studio Baths0.0 Sq 17,030

Monthly Estimate*

^$ 34,228

Listed by Keller Williams Studio City

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4024 Nicolet Avenue, Los Angeles, CA 90008 - Image 10

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Studio

Commercial Property for sale in Los Angeles, CA

for $4,900,000. This 17,030 square foot building was built in 1958 on a lot size of 0.3589.

We are pleased to present this Excellent Los Angeles Location, Great Unit Mix - 13 - 1 Bedroom + 1 Bathroom, 7 - 2 Bedroom + 2 Bathroom Units with 20%+ Rental Upside! 12.15 X GRM, 4.90% CAP at current rents! Soft-Story Retrofit Completed in 2018! Gated Entry with Gated On-Site Parking! Zoned LAR3 on large lot! Spacious Units!

Commercial Active

Price

^$ 4,900,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.3589

Year Built

1958

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

23328322

Days on Market

192

Features

General

Heating WallFurnace

Zoning LAR3

HOA 0.0

Security Features GatedCommunity

Year Built 1958

Community Features Gated

County Los Angeles

Net Operating Income 240305.0

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Nicolet Ave. and Pinafore St.

City Los Angeles

View Y/N N

Senior Community Y/N N

Total Units 20

MLS Area PHHT - Park Hills Heights

Lot Size Square Feet 15633.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Nicolet

Listing Terms Cash

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 1

Standard Status Active

Cap Rate 4.9

Exterior

Total Parking 14.0

Lot Size Area 15633.0

Spa N

Building Area Total 17030.0

Lot Size Acres 0.3589

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Street Suffix Avenue

Laundry Features CommonArea

Electric On Property Y/N N

Total Baths 0

Internal Only

Street Number 1 4024

* Excluded Features

List By

Keller Williams Studio City

Broker

(818) 432-1627

Phone

Affordability Calculator

$34,228

Per Month

Monthly Principal & Interest: $34,228
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Los Angeles, CA

Average List Price ^$2,265,268

Percent of Sale Price 54%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/4/2023	$4,900,000		Listed Price

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4024 Nicolet Avenue, Los Angeles, CA, 90008 is a Commercial Property for sale at $4,900,000 with 17,030 sqft and a lot size of 0.3589. 4024 Nicolet Avenue is a studio with 0.0 baths and was built in 1958. The property's zip code is 90008 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/12/2024. 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.

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4024 Nicolet Avenue

Commercial Property for sale in Los Angeles, CA

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