4761 Hubbard, Los Angeles, CA 90022
- $1,200,000
- List Price
- $1,200,000
- Status
- ACTIVE
- MLS#
- CV26128029
- Year Built
- 1922
- Lot Size
- 15,843
- Acres
- 0.36
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 58
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
Property Description
Court-ordered partition referee sale subject to court approval and overbid. 12-unit mixed-use income property on a corner lot in Boyle Heights, built 1922. Three structures on one parcel spanning 4755–4761 Hubbard St and the Fetterly St frontage. Unit mix: ten studios, one 1-bedroom, and one 3-bedroom. 100% occupied. Current gross monthly income $10,773. Trailing 12-month gross income $126,105; NOI $53,036. Property is subject to the Los Angeles Rent Stabilization Ordinance. Two units currently at no charge. Sold AS-IS, Where-Is. Partition Referee is exempt from disclosures. Buyer to conduct all due diligence. Sale subject to Superior Court confirmation and overbid. Buyer to submit offers in the form required by the court.
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Additional Information
- Taxes
- $20,791
- Appliances
- Water Heater
- Pool Description
- None
- Heat
- Forced Air, Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Garage Spaces Total
- 3
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 12
- Gross Scheduled Income
- $129,277
- Operating Expense
- 73069
Listing courtesy of Listing Agent: John Wright (OWRIGHT@WRIGHTPROP.COM) from Listing Office: WRIGHT PROPERTY MANAGEMENT.
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