5007 INSTITUTE Place, Los Angeles, CA 90029

$1,800,000
List Price
$1,800,000
Status
ACTIVE
MLS#
17242730
Year Built
1937
Lot Size
11,494
Days on Market
4
Property Type
Multifamily

Property Description

Huge UPSIDE in rent. The rent amount of $817.00 is an AVERAGE. The lowest monthly rent for a unit is as low as $713.00. First time on the market in 38 years. Real beautiful apartment building on a double lot and 8 parking spots + 8 parking garages (used as storage) 7 of them are rented for $100 each and the eighth one is vacant. Every unit has laundry room.

Additional Information

Cooling
Yes
Cooling Description
See Remarks

Mortgage Calculator

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Does not include any taxes or fees.
Please consult a financial professional.

Listing courtesy of Shalom Guli.

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