8620 Gregory Way

    Los Angeles (City), CA 90035
    • $2,495,000
    • STATUS: Active
    • ON SITE: 4 days
    • ID#: 19433628
    New On Site 4 Days Ago
    UPDATED: 51 min ago
    $2,495,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,980
      SQFT
    • $627
      $/SQFT
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    GORGEOUS DUPLEX SITUATED IN PRIME LOCATION BEVERLY HILLS ADJACENT. BOTH UNITS ARE 3BED/2BATH AND FEATURES ORIGINAL TILING, STAINED GLASS FRONT WINDOWS, LARGE LIVING ROOMS, W/FIRE PLACE, BREAKFAST & DINING ROOM, AND BEAM CEILINGS. UPGRADED HVAC UNITS AND TANKLESS WATER HEATER ON LOWER UNIT. THIS PROPERTY IS LOCATED IN A DESIGNATED AREA WHICH MIGHT QUALIFY FOR HOUSING REFORM TOC PER MTA, (BUYER TO DO THEIR OWN independent INVESTIGATION REGARDING THE PROPERTY AND the DEVELOPMENT POTENTIAL). THERE IS ALSO THE OPPORTUNITY TO PURCHASE ADJACENT PROPERTY AT814 S SHERBOURNE DR WHICH IS 7 UNITS. PLEASE CALL AGENT FOR MORE INFORMATION. BOTH PROPERTIES ARE SOLD FOR LAND VALUE. Opportunity to BUILD UP TO 34 UNITS ON both LOTs( Buyer to verify) THAT ENCOMPASSES an area of approx. 11,791 SF. BOTH BUILDINGS ARE CURRENTLY 100% OCCUPIED AND CAN BE SOLD INDIVIDUALLY OR TOGETHER. PER ASSESSOR RECORD 8620 GREGORY WAY IS A 2 UNIT RESIDENTIAL PROPERTY AND 814 S. SHERBOURNE DR IS A 7 UNIT APARTMENT BUILDING

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    Based on information from CARETS as of 2019-02-17T07:44:00.32. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.dscvrproperties.com/homes/91761312

    8620 Gregory Way Los Angeles (City), CA 90035

    • Price: $2,495,000
    • Status: Active
    • Updated: 51 min ago
    • ID#: 19433628
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    3,980
    SQFT
    $627
    $/SQFT
    1923
    Built
    Neighborhood:
    Beverly Center-Miracle Mile (C19)
    County:
    Los Angeles
    Area:
    Beverly Center-Miracle Mile (C19)
    Property Description
    GORGEOUS DUPLEX SITUATED IN PRIME LOCATION BEVERLY HILLS ADJACENT. BOTH UNITS ARE 3BED/2BATH AND FEATURES ORIGINAL TILING, STAINED GLASS FRONT WINDOWS, LARGE LIVING ROOMS, W/FIRE PLACE, BREAKFAST & DINING ROOM, AND BEAM CEILINGS. UPGRADED HVAC UNITS AND TANKLESS WATER HEATER ON LOWER UNIT. THIS PROPERTY IS LOCATED IN A DESIGNATED AREA WHICH MIGHT QUALIFY FOR HOUSING REFORM TOC PER MTA, (BUYER TO DO THEIR OWN independent INVESTIGATION REGARDING THE PROPERTY AND the DEVELOPMENT POTENTIAL). THERE IS ALSO THE OPPORTUNITY TO PURCHASE ADJACENT PROPERTY AT814 S SHERBOURNE DR WHICH IS 7 UNITS. PLEASE CALL AGENT FOR MORE INFORMATION. BOTH PROPERTIES ARE SOLD FOR LAND VALUE. Opportunity to BUILD UP TO 34 UNITS ON both LOTs( Buyer to verify) THAT ENCOMPASSES an area of approx. 11,791 SF. BOTH BUILDINGS ARE CURRENTLY 100% OCCUPIED AND CAN BE SOLD INDIVIDUALLY OR TOGETHER. PER ASSESSOR RECORD 8620 GREGORY WAY IS A 2 UNIT RESIDENTIAL PROPERTY AND 814 S. SHERBOURNE DR IS A 7 UNIT APARTMENT BUILDING
    Exterior Features

    Parking Spaces Total 4 Parking Type Garage - None

    Interior Features

    Cooling Type Central A/C Heating Type Central Furnace Interior Features Other Total Floors 0 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Partially Unit Furnished04 Partially Unit Furnished05 Partially Unit Furnished06 Partially Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 2.0 Unit Number Of Bath02 2.0 Unit Number Of Bed01 3 Unit Number Of Bed02 3

    Property Features

    Adjusted Gross Income 95349.00 Assessed Improvement Value 207729.00 Assessed Land Value 779007.00 Country United States Of America Expense Total Annual 19070.00 Gross Operating Income 95349.00 Gross Rent Multiplier 26.17 Hoa YN N Legal Disclosures Take Property As IsListing Broker Advantage Lot Size Source Vendor Enhanced Net Operating Income 76279.00 Number Of Buildings 2 Special Conditions Standard Sale Square Footage Source Vendor Enhanced Unit Monthly Rent01 4500.00 Unit Monthly Rent02 3445.71 Unit Projected Total Monthly Rent01 4500.00 Unit Projected Total Monthly Rent02 4500.00 Unit Total Monthly Rent01 4500.00 Unit Total Monthly Rent02 3445.71 Unit Type01 1 Unit Type02 1 Units Total In Complex 2 Zoning Lar3

    Listing provided courtesy of Shiva Mehrdad DRE#01279649 of Power Brokers International.


    Based on information from CARETS as of 2019-02-17T07:44:00.32. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
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