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    455 Savoy St

    Los Angeles, CA 90012
    • $1,600,000
    • STATUS: Active Under Contract
    • ON SITE: 130 days
    • ID#: 20-634050
    Under Contract
    UPDATED: 42 min ago
    $1,600,000
    • 9
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,544
      SQFT
    • $451
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1989
    County:

    School Ratings & Info

    Description

    Live in one, rent the other three. 1989 Construction with a 3 bedroom 2 bath owners unit available to occupy upon close of escrow. Tremendous rental upside potential. Units have central air and heat and individual water heaters. There is parking for 7 cars, a laundry room, large owners storage room that could also be used as an office or work out area. Building is located in the shadow of Dodger Stadium with immediate access to the 110 Freeway north & southbound on ramps, only three blocks from the Chinatown Gold Line Station and across the street from Cathedral High School. Los Angeles State Historic Park (via Spring Street) is very close by. There are several larger multifamily developments currently entitled and/or under construction in the immediate and adjoining areas. (Including Trammell Crow Co.'s 7-story 318-unit Llewelyn project) The location is very convenient to Downtown Los Angeles.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-01-27T12:43:02.777. 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.
    www.bellavistaestates.us/homes/110149661
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    455 Savoy St Los Angeles, CA 90012

    • Price: $1,600,000
    • Status: Active Under Contract
    • Updated: 42 min ago
    • ID#: 20-634050
    9
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    3,544
    SQFT
    $451
    $/SQFT
    1989
    Built
    Neighborhood:
    Silver Lake - Echo Park
    County:
    Los Angeles
    Area:
    Silver Lake - Echo Park
    Property Description
    Live in one, rent the other three. 1989 Construction with a 3 bedroom 2 bath owners unit available to occupy upon close of escrow. Tremendous rental upside potential. Units have central air and heat and individual water heaters. There is parking for 7 cars, a laundry room, large owners storage room that could also be used as an office or work out area. Building is located in the shadow of Dodger Stadium with immediate access to the 110 Freeway north & southbound on ramps, only three blocks from the Chinatown Gold Line Station and across the street from Cathedral High School. Los Angeles State Historic Park (via Spring Street) is very close by. There are several larger multifamily developments currently entitled and/or under construction in the immediate and adjoining areas. (Including Trammell Crow Co.'s 7-story 318-unit Llewelyn project) The location is very convenient to Downtown Los Angeles.
    Exterior Features

    Covered Parking 6 Exterior Construction Stucco Lot Size Area 4979 Other Structures None Parking Garage Garage Patio Features None Pool Description None Pool YN No Roof Flat Spa None Spa YN No Sprinklers None Style Contemporary Tennis Court None Tennis YN No Total Parking 7 Water Frontage None

    Interior Features

    Bathroom Features Shower Over Tub Baths Total 5.00 Cooling Central Equipment None Fireplace Rooms None Flooring TileCarpet Heating Central Laundry CommunityRoom Laundry Equipment Own Water Heater Features Gas

    Property Features

    Alley YN No Assessed Total Value 496414 Disability Access None Gross Income 62052 Gross Operating Income 60191 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 29245.00 Number Of Buildings 1 Number Of Units 4 Owner Pays WaterGardener Rent Control YN Yes Sale Type Standard Sewer In Street Source Living Area Assessor Source Lot Size Area Assessor Tenant Pays GasElectricityTrash Collection Total Annual Expense 30937 Type Of Units Apartments Water Heaters YN Yes Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of James Gilb DRE#00998653 of Miller & Desatnik Realty Co..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-01-27T12:43:02.777. 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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    Harcourts Bella Vista Realty
    22156 Sherman way Suite D
    Canoga Park CA, 91303