Skip To Content

    5353 Oakland

    Los Angeles, CA 90032
    • $995,000
    • STATUS: ACTIVE
    • ON SITE: 25 days
    • ID#: 210009923
    Price Reduced
    $995,000
    • 8
      BEDS
    • N/A
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    • 2,640
      SQFT
    • $377
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1926
    County:

    School Ratings & Info

    Description

    Permits issued to Build this Developers' Dream! Rare opportunity to purchase an income-producing property including: Existing 2-bed 1-bath, 985 sqft house & Front Yard. Owner will carry this Permitted to build 4 three-story units in the back. Once completed, this will be a 5-unit income-producing property. It is situated in growing areas of the West side of City of Alhambra & Monterey Park, South Pasadena, and East of Downtown Los Angeles. It is minutes from Freeway 10, Cesar Chavez, and all saints elementary school. Contact the listing agent to request Plans and drawings.

    Monthly Payment Calculator

    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/116194935
    Print Image

    5353 Oakland Los Angeles, CA 90032

    • Price: $995,000
    • Status: ACTIVE
    • ID#: 210009923
    8
    Beds
    5
    Baths
    0
    ½ Baths
    N/A
    Acres
    2,640
    SQFT
    $377
    $/SQFT
    1926
    Built
    Neighborhood:
    La-32
    County:
    Los Angeles
    Area:
    Los Angeles (90032)
    Property Description
    Permits issued to Build this Developers' Dream! Rare opportunity to purchase an income-producing property including: Existing 2-bed 1-bath, 985 sqft house & Front Yard. Owner will carry this Permitted to build 4 three-story units in the back. Once completed, this will be a 5-unit income-producing property. It is situated in growing areas of the West side of City of Alhambra & Monterey Park, South Pasadena, and East of Downtown Los Angeles. It is minutes from Freeway 10, Cesar Chavez, and all saints elementary school. Contact the listing agent to request Plans and drawings.
    Exterior Features

    Exterior Stucco Fencing N/K Roof Concrete Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Unit4 Exclusive Use Yard No Units With Garages 1 Units With Patios 3

    Interior Features

    Cooling Wall/Window Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Stories 3 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 2 Total Baths Unit4 1 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Unit3 Laundry Hook Ups Yes Unit4 Laundry Hook Ups Yes Units With Cooling 5 Units With Dishwashers 5 Units With Dryers 5 Units With Fireplaces 0 Units With Range Oven 5 Units With Refrigerators 5 Units With Washers 5

    Property Features

    Actual Cap Rate 0.0 Additional Property Use N/K Age Restrictions N/K Annual Expense Actual 0 Annual Expense Projected 41400 Association ID San Diego Association Of Realtors (Sdar) Buildings 1 Cfd Mello Roos Fee 0.0 Complex Park Oakland Cross Streets Lifur Ave & Stookbridge Ave Gross Rent Multiplier Actual 0.0 Gross Rent Multiplier Project 12.0 Gross Scheduled Income Actual 0 Gross Scheduled Income Project 13200 Mandatory Remarks None Known Monthly Total Fees 0 Net Operating Income Projected 117000 Other Fees 0.0 Other Income Actual 0 Projected Cap Rate 6.0 Sales Restrictions Call Agent Security N/K Short Sale No Tenant Pays Cable TvElectricitySewerWater Terms Other/Remarks Unit1 Deposit 3912 Unit1 Occupied Tenant Unit1 Projected Rent 2600.0 Unit1 Rent Actual 1956.0 Unit2 Deposit 0 Unit2 Occupied Vacant Unit2 Projected Rent 2800.0 Unit2 Rent Actual 0.0 Unit3 Deposit 0 Unit3 Occupied Vacant Unit3 Projected Rent 3200 Unit3 Rent Actual 0.0 Unit4 Deposit 0 Unit4 Occupied Vacant Unit4 Projected Rent 2300 Unit4 Rent Actual 0.0 Zoning Rd1.5-1

    Listing provided courtesy of New Real Estate Market. Listing information © 2021 San Diego MLS Inc. Source: SDMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
    https://bt-photos.global.ssl.fastly.net/sandiego/1280_boomver_1_210009923-3.jpg https://bt-photos.global.ssl.fastly.net/sandiego/1280_boomver_1_210009923-3.jpg https://bt-photos.global.ssl.fastly.net/sandiego/1280_boomver_1_210009923-3.jpg
    Logo
    Neuman & Neuman Real Estate Inc.
    516 5th Avenue
    San Diego CA, 92101