WRIGHT PROPERTY MANAGEMENT
Listed by WRIGHT PROPERTY MANAGEMENT
$1,200,000
4761 Hubbard
Details
APN 5240004017
Property Type Multifamily
Sub Type Apartment Building
Units 12
Cap Rate 4.42%
Buildings 6
Acreage 0.364
Zoning Assessor
Multifamily | 4.42% CAP | 12 Units
Marketing 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 47554761 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.
Listing Contacts
WRIGHT PROPERTY MANAGEMENT
Listed by WRIGHT PROPERTY MANAGEMENT
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