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Image 1 - 1020 South Holt Avenue, Los Angeles, CA 90035, USA - Townhouse for sale

Image 2 - 1020 South Holt Avenue, Los Angeles, CA 90035, USA - Townhouse for sale

Image 3 - 1020 South Holt Avenue, Los Angeles, CA 90035, USA - Townhouse for sale

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Residential Income

1020 South Holt Avenue, Los Angeles, CA 90035, USA

Residential Income

townhouse for sale

35 views

Listed: 02/13/23

1020 South Holt Avenue, Los Angeles, CA 90035, USA

Studio Bed:

1 Bath:

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Price

$ 2,8M

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About This Townhouse

Fantastic Investment! Located in the Pico Robertson area, this existing duplex is a phenomenal investment opportunity. The Pico-Robinson area boasts a prestigious location, strong employment drivers, local amenities, and it's position near the center of Los Angeles make the area attractive to renters! This duplex sits on a lot size of6, 045Sqft. It currently collects a monthly rent amount of$5, 156,with a projected amount of$8, 000a month. Both units are 2 bed/2 baths with a total building size of2, 954Sqft. The property is zoned for R3, has Tier3 TOC,and already has plans submitted for a development project. This project consists of a 12 unit, 4 story apartment complex with subterranean parking for 10 of the 12 units. 7 units are 2 bed/1 bath, 5 units are 1 bed/1 bath, and 2 are assigned to low income housing on ground level.

Property Includes

Parking
Heating Central Furnace

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South Carthay Housing & Living

Household Income

Median household income: $62,474

Number of households: 1,4M

The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.

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