2126 Santa Ynez Street

    Los Angeles (City), CA 90026
    • $1,200,000
    • STATUS: Active
    • ON SITE: 55 days
    • ID#: SB19205194
    UPDATED: 85 min ago
    $1,200,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,800
      SQFT
    • $667
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1926
    County:

    School Ratings & Info

    Description

    Offering a 4.20% Cap Rate on current rents, 2126 Santa Ynez St. has a charming Spanish style house in front and beautiful Craftsman home in the back. Both have private yards and have been updated impeccably. 2-bed/2-bath and 2-bed/1-bath homes on a lot in Echo Park. A five minute walk to the lake and all the hottest music venues, trendy bars, coffee shops and lively night life scene. There are (2) parking spaces uncovered beside the front house and plenty of street parking on Santa Ynez Street. Each house has their own washer/dryer and is receiving strong rents.This is the perfect opportunity for any investor looking to own a turnkey, cash flow positive, investment in an upcoming and popular neighborhood.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-22T16:40:25.257. 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 First Team Real Estate. Licensed in the State of California, USA.
    www.theashleycooperteam.com/homes/98391364

    2126 Santa Ynez Street Los Angeles (City), CA 90026

    • Price: $1,200,000
    • Status: Active
    • Updated: 85 min ago
    • ID#: SB19205194
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    1,800
    SQFT
    $667
    $/SQFT
    1926
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    Offering a 4.20% Cap Rate on current rents, 2126 Santa Ynez St. has a charming Spanish style house in front and beautiful Craftsman home in the back. Both have private yards and have been updated impeccably. 2-bed/2-bath and 2-bed/1-bath homes on a lot in Echo Park. A five minute walk to the lake and all the hottest music venues, trendy bars, coffee shops and lively night life scene. There are (2) parking spaces uncovered beside the front house and plenty of street parking on Santa Ynez Street. Each house has their own washer/dryer and is receiving strong rents.This is the perfect opportunity for any investor looking to own a turnkey, cash flow positive, investment in an upcoming and popular neighborhood.
    Exterior Features

    Garage Spaces 0.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 0.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Dryer IncludedWasher Included

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 4.20 Community Features CurbsGuttersSidewalksSuburban Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 75540.00 Gross Scheduled Income 75540.00 Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Net Operating Income 50366.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 21397.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 21397.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor Zoning Lard3

    Listing provided courtesy of Cameron Samimi of Lyon Stahl Investment Real Estate, Inc. and Brandon Kraus of Lyon Stahl Investment Real Estate, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-22T16:40:25.257. 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 First Team Real Estate. Licensed in the State of California, USA.
     
    First Team Real Estate
    CA,