Los Angeles, CA 90019 5076 Pickford Street
$1,695,000
7 more
Presented By: Steve Doughty with Coldwell Banker Platinum Prop; 949-291-7851
Beds • 7
Baths • 5
SQFT • 4,405
Garage • 4
Year Built • 1949
Home Details
5076 Pickford is a 5-unit multi-family property situated in the diverse and up-and-coming Mid City neighborhood of Los Angeles. On the corner of Alsace Avenue & Pickford Street, one block from Redondo this centrally located apartment building is close to restaurants, Sprouts, trendy cafes, shopping and public transportation. There are of three 1 bedroom 1 bath units, and two 2 bedroom 1 bath units, all of which are under market rent which will allow for considerable future upside as tenants move out. Tenants pay ALL utilities including trash. There are 4 garages that generate $1,200 per month in income as well as a few spots in the driveway and some street parking. This prime investment property is in the opportunity zone. Sold as is with no warranties/guarantees made. Property will only be shown once offer is accepted. Please do not disturb tenants.
Presented By: Steve Doughty with Coldwell Banker Platinum Prop; 949-291-7851
Interior Features for 5076 Pickford Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesElectricDryerHookup, GasDryerHookup
Total Stories2
Other Rooms
Entry Level1
General for 5076 Pickford Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate6.45
Carport Y/NNo
CityLos Angeles
Community FeaturesUrban
CoolingNone
CountyLos Angeles
DirectionsExit 8 north off the 10 fwy, left on Pickford
Electric Expense0.0
Electric On Property Y/NNo
Entry LocationFront
Fuel Expense0.0
Garage Spaces4.0
Garage Y/NYes
Gross Income140683.0
HOANo
HeatingFloorFurnace
Home Warranty Y/NNo
Insurance Expense4812.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsConventional, Exchange1031
Lot Size Square Feet6131.0
Lot Size UnitsSquareFeet
MLS AreaC16 - Mid Los Angeles
MaintenanceExpense1920.0
MobileHomeRemainsYNNo
Net Operating Income109686.0
New ConstructionNo
Number Of Units Total5
Number of Units Leased5
Operating Expense30997.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot1
Taxes$21,378
Total Actual Rent121128.0
Trash Expense0.0
Water Sewer Expense840.0
Year Built1949
Year Built SourceAssessor
ZoningLARD1.5
Exterior for 5076 Pickford Street
Building Area Total4405.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.1407
Lot Size Area6131.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters6
Number of Separate Gas Meters5
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking4.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Clayton Bond
Sales Associate
Price
$1,695,000
MLS#OC24253478
List Date
12/24/2024
Property Type
Multi-Family
Phone
(949) 290-7647
