305 S Mott, Los Angeles, CA 90033
305 S Mott, Los Angeles, CA 90033
305 S Mott, Los Angeles, CA 90033
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Listed by Oscar Carlos, DRE #01887936 • Real Brokerage Technologies
$958,000
Est. payment /mo
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6,698 Sqft Lot
Active

305 S Mott Los Angeles, CA 90033

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Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPW26161182

Year Built 1922

Lot Size 6,698 Sqft

Property Sub-Type Fourplex

Source California Regional MLS

Property Description

Owner-user opportunity in Boyle Heights. Front 2-bedroom, 1-bath unit will be delivered vacant at close of escrow, giving the next owner the option to occupy one unit while benefiting from the income potential of the remaining units. Based on stated pro forma rents and garage income, the property offers approximately $98,700 in annual gross income potential - roughly a 9.7 GRM at the current asking price. Currently configured as 4 units (public records reflect 3 units), with one 2-bedroom unit and three 1-bedroom units, separate gas and electric meters, two garage spaces, and a 6,698 SF lot. The 2-bedroom unit has a stated pro forma rent of $2,350/month, with stated pro forma rents of $1,825/month for each of the three 1-bedroom units. Conveniently located near Downtown Los Angeles, the Arts District, Keck Medicine of USC, Metro transit, and the 5, 60 and 101 freeways. Property sold as-is. Buyer and buyer's agent to independently verify unit count, permits, rents, expenses, income, and all other information and conduct their own inspections and due diligence.

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Interior

Laundry 30, Other, 38

Exterior

Parking Features Garage, Off-Street Parking

Garage Spaces 2.0

Pool None

Building

Story One Story

Foundation Raised

Water District - Public

Others

Tax ID 5180012026

Special Listing Condition Not Applicable


MLS Listing IDX PLUS
Alex Kononoff
Alex Kononoff

Agent License ID: 01387648

+1(650) 207-5341 | alexander.kononoff@exprealty.com

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305 S Mott