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1272 S Mullen Avenue

Los Angeles (City), CA 90019
  • $2,750,000
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: 22181557
UPDATED: 37 min ago
$2,750,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1930
County:

School Ratings & Info

Listing Agent(s): Joshua Luchs of Cb Richard Ellis, Inc. ()


Description

We are pleased to present this twelve-unit complex located in Mid-City, Los Angeles, CA at 1272 S Mullen Ave. The Property, located north of Pico Blvd near the intersection of S San Vicente Blvd and Venice Blvd, consists of one structure with ten studio and two one-bedroom apartments. There is parking available for residents on nearby streets.1272 S Mullen Ave has a Walk Score of 86, Transit Score of 64, and Bike Score of 63. 1272 S Mullen Ave is conveniently located near the Midtown Crossing shopping center, boasting premier tenants such as Carbon Health, Chase Bank, Chipotle, Lowes, Starbucks, and . The Property also offers walking distance access to big-box retail and grocery, including Target and Sprouts Farmers Market. This deal provides an investor with the opportunity to acquire a fully occupied asset in central Los Angeles with rental upside. The favorable 3.85% assumable debt allows for a savvy investor to benefit from yesterdays low interest rates today!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-08T17:31:04.873. 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 Villa Real Estate. Licensed in the State of California, USA.
www.thecharlieprice.com/homes/131143094
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1272 S Mullen Avenue Los Angeles (City), CA 90019

  • Price: $2,750,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 37 min ago
  • ID#: 22181557
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1930
Built
Neighborhood:
C18 - Hancock Park-Wilshire
County:
Los Angeles
Area:
C18 - Hancock Park-Wilshire
Property Description
We are pleased to present this twelve-unit complex located in Mid-City, Los Angeles, CA at 1272 S Mullen Ave. The Property, located north of Pico Blvd near the intersection of S San Vicente Blvd and Venice Blvd, consists of one structure with ten studio and two one-bedroom apartments. There is parking available for residents on nearby streets.1272 S Mullen Ave has a Walk Score of 86, Transit Score of 64, and Bike Score of 63. 1272 S Mullen Ave is conveniently located near the Midtown Crossing shopping center, boasting premier tenants such as Carbon Health, Chase Bank, Chipotle, Lowes, Starbucks, and . The Property also offers walking distance access to big-box retail and grocery, including Target and Sprouts Farmers Market. This deal provides an investor with the opportunity to acquire a fully occupied asset in central Los Angeles with rental upside. The favorable 3.85% assumable debt allows for a savvy investor to benefit from yesterdays low interest rates today!
Exterior Features

Parking Features None Parking Total 0

Interior Features

Appliances Disposal Cooling Wall/Window Unit(S) Cooling YN Yes Heating Natural Gas Heating YN Yes Interior Features Ceiling Fan(S)

Property Features

Association Fee 0 Gross Income 171133 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 101361 New Construction YN No Senior Community YN No Special Listing Conditions Standard Total Actual Rent 169483 Vacancy Allowance Rate 0 Zoning Lar2



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-08T17:31:04.873. 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 Villa Real Estate. Licensed in the State of California, USA.
 
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Villa Real Estate
450 Newport Center Drive, Suite 100
Newport Beach CA, 92660
Listing Agent(s): Joshua Luchs of Cb Richard Ellis, Inc. ()