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943 Centennial Street, Echo Park, CA 90012 (MLS # PF22186343)

943 Centennial Street, Echo Park, CA 90012 (MLS # PF22186343)


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PRICE $2,800,000 dsIDX morgage calculator
BEDS n/a
BATHS 0
HOME SIZE 6,570 sqft
LOT SIZE 6,983 sqft

Tolj Commercial Real Estate is pleased to offer an eight-unit multifamily apartment building located at 943 Centennial Street in Los Angeles. The subject property is conveniently located near major retailers, bars, shopping centers, and restaurants, and within driving distance to major entertainment and sporting venues: Walt Disney Music Hall, Civil Center, Crypto Arena (formerly Staple Center), Dodger Station, and more.The subject property consists of 6,570-sf building situated on 6983-sf lot zoned Los Angeles Multiple Residential (LAR-3-1). There are ten (10) onsite parking stalls with street and alley access either from Figueroa Terrace or West College Street. Unit-mix is comprised of (6) two bedroom and one bathroom unit, (1) two bedroom and two bathroom unit, and (1) three bedroom and two bathroom unit, a total of seventeen (17) bedrooms and ten (10) bathrooms. One main laundry room onsite. Each unit is individually metered for electricity and gas. There is one master water meter for the entire property. Pro-forma Gross Schedule Income: $217,200 , Pro-forma Cap Rate: 5.30% Pro-forma Gross Multiplier: 12.89. Prof-forma Net Operating Expenses: $148,361 . Building's actual income and operating expense are specified in the marketing brochure. Refer to the supplemental attachment ** Property is not under LA Rent Control but subject to California State Rent Control. Please verify with local city and state housing laws ***

DAYS ON MARKET 98 LAST UPDATED 11/23/2022
YEAR BUILT 1989 COMMUNITY Silver Lake - Echo Park
COUNTY Los Angeles STATUS Conditional
PROPERTY TYPE(S) Residential Income

PRICE HISTORY
Prior to Oct 5, '22 $3,000,000
Oct 5, '22 - Today $2,800,000


ADDITIONAL DETAILS
AREA Silver Lake - Echo Park
HOA DUES 0
LOT 6983 sq ft
LOT DESCRIPTION 6-10 Units/Acre
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
WATER Public
ZONING LAR3
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 943 CENTENNIAL STREET
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Listing provided by : Mike Tolj CalDRE: 01373646 | 323-258-4946, TOLJ Commercial Real Estate Se

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 11/30/22 10:27 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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