617 Plymouth

Los Angeles, CA 90004
For Sale $2,700,000
  • 0.16 acre lot
  • Built 1924
  • Multi-Residential Building
  • MLS# 16135952
  • Status Active

More Property Info for 617 Plymouth

A unique opportunity to own an appreciating trophy building, AND a ongoing/prosperous, fully-furnished housing business....in a prime area of Hancock Park. One block to the entrance of Paramount Studios, walking distance to Larchmont Village, this fourplex, consisting of, fully furnished, spacious (1100 sq ft) ONE bedrooms has for for ten years operated as a fully furnished, temporary housing building, with monthly rentals averaging $4000 per suite, per month...or $192,000 in gross annual income. A great way to to achieve a nice return on the investment, plus the significant asset appreciation that Hancock Park yields. The sales price includes ALL furnishings, linens, kitchen amenities, kitchen appliances, electronics, repeat clientele (more than 50% are repeat customers); TOT (transient occupancy tax) already in place for those stays under 30 nights, etc.In addition to a great location, this building has all the amenities to fully support the furnished temporary housing business model

Property Highlights

  • Los Angeles County
  • Lot: 0.16 acres
  • Built 1924
  • Geo Coordinates: 34.082, -118.321
  • ZIP: 90004
  • Days On Homeswing: 163
  • Architectural Style: Mediterranean
  • Cooling: Central
  • County Or Parish: Los Angeles
  • Directions: 2 Blocks East of Larchmont Blvd, South of Melrose, North of Beverly.
  • Flooring: Hardwood,Laminated,Wall-To-Wall Carpet
  • Garage Spaces: 4.00
  • Levels: Two
  • Lot Features: Near Public Transit
  • Lot Size Acres: 0.16
  • MLS Area Major: HPK - Hancock Park
  • Number Of Buildings: 1
  • Number Of Units Total: 4
  • Parcel Number: 5523023013
  • Parking Total: 8.00
  • Stories Total: 0
  • View: City Lights
  • Window Features: Drapes/Curtains,French/Mullioned
  • Year Built: 1924
  • Zoning: LAR3

Community Information for 617 Plymouth

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Monthly Payment for 617 Plymouth

This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Loan Type: 30 year fixed at 4.00%
Price: $2,700,000
Down Payment: - $540,000 (20%)
Loan Amount: = $2,160,000
Principal & Interest: +
Property Taxes: + (1.5%)
Homeowner's Insurance: +
Mortgage Insurance - PMI: +
Total Payment: =
20%
Down Payment
4.00%
Rate

Listing Provided by

Keri Johnson, Creative Housing Group Inc.

Listing Disclaimer

Based on information from California Regional Multiple Listing Service, Inc. as of 12/4/2016 3:14:30 AM. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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License: 01718402
Century 21 Realty Masters
License: 01970995
Boutique Realty

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