We are pleased to offer for sale, The Reno / Council Portfolio, a collection of five apartment homes over two properties located in the heart of Historic Filipinotown in Los Angeles, CA. 200-208 N Reno St located adjacent to our first offering on Council St, is comprised of 3 homes… Read More on 2 separate structures. The first building (200-202 N Reno St.) houses 2 units, one 2bed/ 2bath, approximately 1,100 square feet, and one 1bed/ 1bath, approximately 700 square feet. Residents have access to 4 separate covered garage spaces. The second structure on the property (208 N Reno St./APN: 5156-017-014 ) is a free standing 2 car covered garage with a 400 square foot unit located above. Under SB 1211, garage spaces may have possibility of ADU conversion, buyer to verify. [All 3-units are 100% occupied and to be sold with residents - total yearly gross on current $45,948. Over 90% upside left.] The tri-plex could be purchased as a portfolio with 2849-2851 Council St. or offered individually at $600,000. Please contact listing agent for Offering Memorandum. Read Less
Property listed by Sotheby's International Realty, Matthew Maun 323-665-1700
Listing Snapshot
Days Online
0
Last Updated
Beds
4
Square Ft.
2,232
Lot Size
0.1 Acres
Year Built
1938
MLS Number
26684571
Additional Details
Building
Built in 1938, Living area: 2232.0, 2 buildings, 2 stories, Levels: Two, Entry location: Ground Level w/steps
Garage
6 spaces
Heating
NaturalGas
Income
Gross Income: $45,948, Net Operating Income: $22,055
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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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