Los Angeles, CA 90044 626 W Century Boulevard
$1,300,000
16 more
Presented By: Brianna Galvan with Moon Realty; 626-393-6825
Beds • 5
Baths • 8
SQFT • 3,576
Year Built • 1951
Home Details
Prime Investment Property in South Los Angeles - A Golden Opportunity! Discover 626-630 W Century Blvd., an 8-unit investment gem in the heart of South LA. This property features five studios, a one-bedroom unit, a two-bedroom unit, and a two-bedroom single-family home. With a total of 3,576 square feet of living space, this investment boasts an expansive 8,611 square-foot lot and 15 assigned parking spots. Situated near major freeways (I-10, I-110, US-101, and I-5) and public transportation, this property offers unparalleled accessibility. It’s also in proximity to the upcoming Evermount South LA Project, featuring 180 affordable housing units, a SEED Charter School, a 40,000 sqft Target, a Transit Plaza, a Metro Training Facility, and more! Close to Major Attractions: A short drive takes you to Downtown LA, USC/Exposition Park, and Manhattan Beach. Enjoy nearby landmarks like SoFi Stadium, Kia Forum, Exposition Park, and LAX. A Neighborhood on the Rise: South LA is experiencing significant urban redevelopment, making this an incredible opportunity for investors. Don’t miss out on this prime property with endless potential. Seize this investment opportunity today!
Presented By: Brianna Galvan with Moon Realty; 626-393-6825
Interior Features for 626 W Century Boulevard
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringTile
Heating Y/NYes
Laundry FeaturesSeeRemarks
Total Stories2
Other Rooms
Entry Level2
General for 626 W Century Boulevard
AccessibilityNone
Additional Parcels Description6054019008
Additional Parcels Y/NYes
AppliancesGasOven, GasRange, GasWaterHeater
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces0.0
Carport Y/NNo
CityLos Angeles
Community FeaturesUrban
CoolingNone
CountyLos Angeles
Current FinancingConventional
DirectionsW. Century Blvd. and Denver Ave.
ElectricElectricityOnProperty
Electric Expense0.0
Electric On Property Y/NNo
Entry LocationGround level with stairs
Fuel Expense3226.0
Garage Spaces0.0
Garage Y/NNo
Gross Income81732.0
HOANo
HOA Fee$0.0
HeatingNaturalGas
Home Warranty Y/NNo
Insurance Expense6805.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToExistingLoan, CashToNewLoan, Conventional, Exchange1031, FannieMae, Submit
Lot Size Square Feet8611.0
Lot Size UnitsSquareFeet
MLS Area699 - Not Defined
MobileHomeRemainsYNNo
Net Operating Income48031.0
New ConstructionNo
Number Of Units Total8
Number of Units Leased8
Open Parking Spaces15.0
Operating Expense33701.0
Other StructuresGuestHouseDetached, GuestHouse, TwoOnALot
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NYes
Property ConditionFixer, RepairsCosmetic
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
RoofFlat
Security FeaturesSmokeDetectors, WindowBars
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot111
Tenant PaysElectricity, Sewer, TrashCollection, Water
Total Actual Rent73590.0
Trash Expense3723.0
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
ViewCityLights
Water Sewer Expense19200.0
Year Built1951
Year Built SourceAssessor
ZoningLAR3
Exterior for 626 W Century Boulevard
Building Area Total3576.0
Crops Included Y/NNo
FencingWroughtIron
Foundation DetailsConcretePerimeter
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSixToTenUnitsAcre, RectangularLot
Lot Size Acres0.1977
Lot Size Area8611.0
Lot Size SourceOwner
Number of Buildings2
Number of Separate Electric Meters7
Number of Separate Gas Meters2
Number of Separate Water Meters2
Open Parking Y/NNo
Parking FeaturesAssigned, OnSite, OneSpace, Tandem, Uncovered
Private PoolNo
Road Frontage TypeCityStreet
SpaNo
Total Parking15.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Keegan Cin
Team Lead
Price
$1,300,000
MLS#AR24128312
List Date
06/26/2024
Property Type
Multi-Family
Phone
(310) 963-5595
