556 Via De La Paz

    Pacific Palisades, CA 90272
    • $2,450,000
    • STATUS: Active
    • ON SITE: 11 days
    • ID#: 20551076
    UPDATED: 35 min ago
    $2,450,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    Description

    This is a once in a lifetime opportunity to own an income property on the bluffs in Pacific Palisades. This property includes a quadplex and a duplex on a residentially zoned lot on a quiet street in the Palisades. The property features 6 apartment units (1 bed,1 bathroom), all of which are currently occupied.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-16T23:28:14.23. 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 Steele Canyon Realty. Licensed in the State of California, USA.

    www.steelecanyonrealty.com/homes/102963456

    556 Via De La Paz Pacific Palisades, CA 90272

    • Price: $2,450,000
    • Status: Active
    • Updated: 35 min ago
    • ID#: 20551076
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1924
    Built
    Neighborhood:
    C15 - Pacific Palisades
    County:
    Los Angeles
    Area:
    C15 - Pacific Palisades
    Property Description
    This is a once in a lifetime opportunity to own an income property on the bluffs in Pacific Palisades. This property includes a quadplex and a duplex on a residentially zoned lot on a quiet street in the Palisades. The property features 6 apartment units (1 bed,1 bathroom), all of which are currently occupied.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Driveway Down Slope From Street Parking YN Yes

    Interior Features

    Appliances DishwasherRefrigerator Appliances YN Yes Heating Wall Furnace Heating YN Yes

    Property Features

    Gross Income 106351.00 Gross Multiplier 23.03 Gross Operating Income 86470.00 Insurance Expense 2525.00 Maintenance Expense 1910.00 Net Operating Income 86470.00 Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0.00 Water Sewer Expense 796.00 Zoning Lar1

    Listing provided courtesy of Jonathan Macht of Coldwell Banker Residential Brokerage


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-16T23:28:14.23. 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 Steele Canyon Realty. Licensed in the State of California, USA.

     
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