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1645 N VISTA Street, Los Angeles, CA 90046

Property Details

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1645 N VISTA Street
Los Angeles, CA 90046

For Sale: $6,500,000

Property Type: Commercial Apartments
MLS#: 18413716

  • Building Size: 14792 SF
  • Lot Size: 17477 SF
  • Number of Units: 20
  • Number of Stories: 2
  • Year Built: 1948
  • Days on market: 167
  • Cap Rate: 3.57
  • Net Operating Income: $232,343
  • Gross Scheduled Income: $387,239
  • Rent Control: No
  • GRM: 15.95
  • Contact Listing Agent Direct:
  • Austin Chen, Keller Williams Beverly Hills

Property Description

Happy New Year! LOCATION, LOCATION, LOCATION! Irreplaceable 20-unit pride-of-ownership property located on a corner lot just blocks away from Runyon Canyon. +/-17% rental upside. This 2-story building consists of (6) 2+1 & (14) 1+1 units & comes w/a gated entry to 18 covered parking spaces & a swimming pool w/newer deck & pool equipment in the rear of the property. Many units have been upgraded w/new kitchens (granite counters, custom cabinetry, SS appliances), bathrooms & hardwood floors. Each unit has its own water heater as well as front & rear entrances. Property has five mailing address: 1645 & 1653 N. Vista St. and 7450, 7456 & 7460 Hollywood Blvd. Unit 14(1+1) - Rent: $1,775.00, Unit 15(2+1) - Rent: $2,015.71, Unit 16(1+1) - Rent: $1750.00, Unit 17(1+1) - Rent: $1,802.50, Unit 18(1+1) - Rent: $1148.82, Unit 19(1+1) - Rent: $1,750.00, Unit 20(1+1) - Rent: $865.17. One unit just vacated (proj. rent: $1,900/mo. used for Gross Income). Please see private remarks.

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1645 N VISTA Street, Los Angeles, CA 90046

Based on information from California Regional Multiple Listing Service, Inc. as of January 4, 2019. 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.

Listing provided by: Austin Chen, Keller Williams Beverly Hills

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