2012 S La Salle Avenue Los Angeles, CA $ 1,199,000
2012 S La Salle Avenue
$ 1,199,000
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2012 S La Salle Avenue

Los Angeles, CA, 90018
$ 1,199,000
Bedrooms6 Baths4.0 Sq 3,416

Monthly Estimate*

$ 8,375

Listed by House Of Seven Gables Real Estate Inc.
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Multi-Family Home for sale in Los Angeles, CA

for $1,199,000 with 6 bedrooms and 4 full baths. This 3,416 square foot home was built in 1916 on a lot size of 0.1722.

Welcome to 2012 S La Salle Ave, an enticing investment nestled in the sought-after West-Adams Heights neighborhood of Los Angeles. This fourplex offers a mix of units, including a 3-bedroom, 1-bathroom unit and three 1-bedroom, 1-bathroom units, spread across two levels on a 7,500 SqFt lot with RD1.5 zoning. With approximately $66,708.00 in gross annual income, this property presents both immediate cash flow and potential for future growth. Each unit has a history of consistent rental income, providing a stable foundation for investors to build upon. Conveniently located mere minutes away from USC, Exposition Park, Crypto Arena & LA Live, and downtown LA, this property offers unparalleled access to amenities and attractions, ensuring high tenant demand. Don't let this opportunity slip away. Whether you're a seasoned investor seeking to diversify your portfolio or a first-time buyer looking to enter the lucrative world of real estate investment, 2012 S La Salle Ave has both financial stability and growth potential. Schedule a viewing today and seize the potential of this prime investment opportunity!

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Multi-Family Active

Price

$ 1,199,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Apartment

Lot Size

0.1722

Year Built

1916

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SR24042553

Days on Market

76

Features
General
Interior Features CeilingFans DryBar Pantry RecessedLighting Storage TileCounters
Sewer PublicSewer
Heating WallFurnace
Appliances GasOven GasRange WaterHeater
Zoning LARD1.5
HOA 0.0
Garage Spaces 0.0
Pool Features None
Year Built 1916
Stories 2
Levels Two
Property SubType Apartment
Gross Income 66708.0
Community Features StormDrains StreetLights Suburban Sidewalks
County Los Angeles
Net Operating Income 60828.0
Operating Expense 5880.0
Insurance Expense 2400.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions South of Washington Blvd
City Los Angeles
Entry Location 1
View Y/N N
Senior Community Y/N N
Total Units 4
MLS Area 699 - Not Defined
Lot Size Square Feet 7503.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name La Salle
Listing Terms Cash CashtoExistingLoan CashtoNewLoan Conventional Contract Submit
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 0.0
Home Warranty Y/N N
Fuel Expense 0.0
Trash Expense 1500.0
Water Sewer Expense 1500.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 42
Building Area Units SquareFeet
Standard Status Active
Year Built Source PublicRecords
Tax Lot 3
Property Sub Type Additional Apartment
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Exterior
Water Source Public
Total Parking 0.0
Lot Size Area 7503.0
Number of Buildings 1
Spa N
Building Area Total 3416.0
Lot Size Acres 0.1722
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Common Walls Item2CommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Laundry Features Inside UpperLevel
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 2012
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* Excluded Features
List By
House Of Seven Gables Real Estate Inc.

Broker

(714) 731-3777

Phone

Affordability Calculator

$8,375
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,375
Monthly Property Taxes
--
Monthly 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
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/12/2024$1,199,000 -4.07% Price Down
3/2/2024$1,249,900 Listed Price

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2012 S La Salle Avenue, Los Angeles, CA, 90018 is a Multi-Family Home for sale at $1,199,000 with 3,416 sqft and a lot size of 0.1722. 2012 S La Salle Avenue has 6 bedrooms, 4.0 baths, and was built in 1916. The property's zip code is 90018 which is in Los Angeles, CA