$635,000
4 beds 3 baths 2,120 sq. ft.
33.96167 -118.26748

8451 TOWNE Avenue Los Angeles (City), CA 90003

$635,000
Est. Monthly $3,229 recalculate
4 beds 3 baths 2,120 sf
 

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8451 TOWNE Avenue
Los Angeles (City), CA 90003

Explore This Property

Multi-Family (2-4 Units) - THIS FULLY OCCUPIED WELL MAINTAINED TRI-PLEX IS BEING OFFERED IN A BULK PORTFOLIO SALE OF FIVE PROPERTIES CONTAINING 16 UNITS TOTAL IN MID 5 CAP RANGE! PERFECT FOR 1031 INVESTORS! 8451 TOWNE AVE WAS REHAB'D IN 2012; GREAT PROPERTY W/ EXCELLENT INCOME; WELL MAINTAINED PROPERTY IN A NICE POCKET OF LA; ALL THREE UNITS ARE SECTION 8 WITH RENT INCREASES IN 4Q2017; NEWER ROOF; TENANTS PAY WATER, ELECTRICITY AND GAS; TWO ATTACHED UNITS ARE 1-BED/1-BATH AND ONE DETACHED UNIT IS 2-BED/1-BATH; ONE CAR DETACHED GARAGE AND TWO OPEN GATED PARKING SPACES; EXTRA STORAGE ROOM ATTACHED TO GARAGE FOR ADDITIONAL INCOME OPPORTUNITY. DRIVE BY ONLY. DO NOT DISTURB TENANTS.THIS PROPERTY NOT SOLD INDIVIDUALLY. THIS PROPERTY IS OFFERED IN A BULK PORTFOLIO OF FIVE PROPERTIES CONTAINING A TOTAL OF 16 UNITS WITH PROFORMA NOI OF $175,000. THE FIVE PROPERTY PORTFOLIO INCLUDES 9206 S. HOOVER ST; 4810 E. COMPTON BLVD; 6915 S. HARVARD BLVD; 8451 TOWNE AVE; 9806 S. MAIN ST. STABILIZED PORTFOLIO WITH VERY LOW VACANCY/TURNOVER; LOW MANAGEMENT EXPENSES; COMPETITIVELY PRICED; OFFERING MEMORANDUM CONTAINS DETAILS OF THE EACH PROPERTY, PORTFOLIO PRICE, INCOME AND EXPENSE SCHEDULE AND MARKET SURVEY. SEE OFFERING MEMORANDUM OR CONTACT AGENTS FOR DETAILS ON MAKING AN OFFER.
MLS # 17256060
Courtesy Of KENNEDY WILSON

Property Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Cooling System: None
  • Heating Fuel: Natural Gas
  • Roof Type: Unknown
  • Rooms: Bedroom, Full Bath

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 4.75% APR
    $3,229Your estimated monthly payment
    $127,00020% Down Payment
    $635,000 $571,500
    purchase price loan amount
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    SOUTH PARK ELEMENTARY SCHOOL
    Grades K-6 | Public School

    LOS ANGELES, CA 90003
    8510 TOWNE AVE
    323-753-4591
    0.1
    miles

    Total Students 1100
    Student Teacher Ratio 24:1

    School Rating

    1 star View School Details
    Middle School
    CHARLES DREW MIDDLE SCHOOL
    Grades 7-8 | Public School

    LOS ANGELES, CA 90001
    8511 COMPTON AVE
    323-826-1700
    1.1
    miles

    Total Students 900
    Student Teacher Ratio 9:1
    View School Details
    High School
    JOHN C. FREMONT SENIOR HIGH SCHOOL
    Grades 9-12 | Public School

    LOS ANGELES, CA 90003
    7676 S SAN PEDRO ST
    323-565-1200
    0.6
    miles

    Total Students 2500
    Student Teacher Ratio 25:1

    School Rating

    2 stars View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Academy For Multilingual Arts And Science At Mervyn M. Dymally High 0.3 mi Public 9-12
    Pathways Community 0.3 mi Public 9-12
    Wisdom Academy For Young Scientists 0.4 mi Public K-5
    John Hope Continuation School 0.5 mi Public 9-12
    Mother Of Sorrows 0.5 mi Catholic PRESCHOOL-8
    Mckinley Avenue Elementary School 0.6 mi Public PRESCHOOL-6
    John C. Fremont Community Adult 0.6 mi Public -
    Dr. Owen Lloyd Knox Elementary School 0.6 mi Public K-6
    Kipp Philosophers Academy 0.7 mi Public 5-8
    Ninety-third Street Elementary School 0.7 mi Public PRESCHOOL-6
    Unique's Preschool 0.8 mi Private K-1
    St. Malachy Catholic Elementary School 0.8 mi Catholic PRESCHOOL-8
    Seventy-fifth Street Elementary School 0.8 mi Public PRESCHOOL-6
    Kipp Empower Academy 0.9 mi Public K-4
    Russell Elementary School 0.9 mi Public PRESCHOOL-6
    Alliance College-ready Middle Academy No. 4 1.0 mi Public 6-8
    Watts Learning Center 1.0 mi Public K-5
    Wisdom Elementary School 1.1 mi Public PRESCHOOL-6

    Local Area Information for Los Angeles, CA 90003

    Median Age: 28.6
    Married: 24.7%
    Number of Households: 16,292
    Households with Children: 8,605
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Copyright © 2017 Combined LA Westside Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.