Skip To Content

330 N Lorena Street

Los Angeles (City), CA 90063
  • $1,050,000
  • STATUS: Active Under Contract
  • ON SITE: 47 Days
  • ID#: OC22102814
Under Contract
UPDATED: 52 min ago
$1,050,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1909
County:

School Ratings & Info

Listing Agent(s): Sergio Macias of Kohr Group Realty (562-270-6909)


Description

Excellent income property features three 2 bedroom 1 bath units in one 2052sqft structure plus large basement storage rooms and laundry room. See supplements for floorplans as approved when read two units were added. This property has lots of potential and possibilities especially with an Oversized 9320 sqft buildable lot zoned for more units that has both front street and alley access. No Garage is featured, but fairly flat lot accommodates plenty of parking for each tenant. Evergreen Cemetery Jogging Path, El Pino, El Mercadito, Los 5 Puntos, and 1st St Business Corridor, Indiana Gold Line Metro Station are among the many local landmarks within walking distance. Excellent access and close proximity to various freeways (10, 710, 60, 5 and 101), Downtown LA, LAC/USC Medical Center, Union Station, Cal State LA, Arts District, Boyle Heights, City Terrace. Excellent opportunity and expected to meet all forms of financing, but buyer to take on any lender required repairs, if any. Assessor records show 7 bedrooms but it is being used as and is reflected in approved floorplans as a 6 bedroom triplex. Building has full copper plumbing, raised foundation and attic access for easy maintenance, and it also equipped with fire sprinklers, 4 separate gas and electricity meters. Laundry Room can be put to use for added income.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-07-03T15:28:00.503. 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 deemed reliable but is not guaranteed accurate by the MLS or Zen Ziejewski and Team | Keller Williams Realty. Licensed in the State of California, USA.
www.homefinderorangecounty.com/homes/128786017
Print Image

330 N Lorena Street Los Angeles (City), CA 90063

  • Price: $1,050,000
  • Status: Active Under Contract
  • On Site: 47 Days
  • Updated: 52 min ago
  • ID#: OC22102814
0
Beds
0
Baths
0
½ Baths
0.21
Acres
1909
Built
Neighborhood:
BOYH - Boyle Heights
County:
Los Angeles
Area:
BOYH - Boyle Heights
Property Description
Excellent income property features three 2 bedroom 1 bath units in one 2052sqft structure plus large basement storage rooms and laundry room. See supplements for floorplans as approved when read two units were added. This property has lots of potential and possibilities especially with an Oversized 9320 sqft buildable lot zoned for more units that has both front street and alley access. No Garage is featured, but fairly flat lot accommodates plenty of parking for each tenant. Evergreen Cemetery Jogging Path, El Pino, El Mercadito, Los 5 Puntos, and 1st St Business Corridor, Indiana Gold Line Metro Station are among the many local landmarks within walking distance. Excellent access and close proximity to various freeways (10, 710, 60, 5 and 101), Downtown LA, LAC/USC Medical Center, Union Station, Cal State LA, Arts District, Boyle Heights, City Terrace. Excellent opportunity and expected to meet all forms of financing, but buyer to take on any lender required repairs, if any. Assessor records show 7 bedrooms but it is being used as and is reflected in approved floorplans as a 6 bedroom triplex. Building has full copper plumbing, raised foundation and attic access for easy maintenance, and it also equipped with fire sprinklers, 4 separate gas and electricity meters. Laundry Room can be put to use for added income.
Exterior Features

Architectural Style Craftsman Construction Materials StuccoVinyl Siding Direction Faces West Fencing Chain Link Lot Features Gentle SlopingRectangular Lot Number Of Separate Electric Meters 4 Open Parking Spaces 8 Parking Features Gravel Parking Total 8 Pool Features None Pool Private YN No Property Attached YN Yes Road Surface Type Alley PavedPaved Roof Composition Spa Features None Spa YN No View None View YN No

Interior Features

Appliances Gas RangeRefrigeratorWater Heater Common Walls 1 Common Wall Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring Tile Heating Natural Gas Heating YN Yes Interior Features Balcony

Property Features

Additional Parcels YN No Common Interest None Community Features CurbsStreet LightsSidewalksUrban Contingency Subject To Successful Bid On 1031 Exchange Property. Disclosures Familial RelationIncorporatedRent Control Electric Standard Electric Expense 482 Fuel Expense 0 Garage YN No Gross Income 46547 Gross Scheduled Income 46547 Insurance Expense 687 Land Lease YN No Laundry Features Washer HookupElectric Dryer HookupGas Dryer HookupLaundry Room Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms 1031 ExchangeSubmitTrade Net Operating Income 41612 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 4935 Other Expense 171 Pest Control Expense 150 Possession Close Of Escrow Property Sub Type Triplex Rent Control YN Yes Security Features Carbon Monoxide Detector(S)Fire Sprinkler SystemSmoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Total Actual Rent 46547 Trash Expense 0 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 3202 Water Source Public Zoning Lard1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-07-03T15:28:00.503. 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 deemed reliable but is not guaranteed accurate by the MLS or Zen Ziejewski and Team | Keller Williams Realty. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368909565-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368909565-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368909565-1.jpg
Logo
Zen Ziejewski and Team | Keller Williams Realty
27101 Puerta Real #150
Mission Viejo CA, 92691
Listing Agent(s): Sergio Macias of Kohr Group Realty (562-270-6909)