Excellent rental in Chinatown with an opportunity for Airbnb rental with no HOA restrictions. This tri-level 3-bedroom, 1.5-bath townhome with dual pan windows, and a newer kitchen. Situated in the exclusive Cathay Village, the unit offers breathtaking views of the downtown skyline. It is conveniently located within walking distance of Downtown LA, the Music Center, and Disney Hall. The Staples Center, Dodger Stadium, and USC are all just minutes away, as well as freeways, schools, and metro stations. The property comes with 2 gated parking spaces. With incredibly low association dues. The sale price includes a washer, dryer, and refrigerator. This is a rare opportunity to own an Airbnb-friendly condo in such a fantastic location! Don't miss out on this incredible chance to own a prime piece of real estate. The seller is performing a 1031 exchange, at no cost to the Buyer.
Property Sub Type:
Townhouse
Property Attached:
Yes
Lot Area:
29,405 sq. ft.2,731.814 m2
Bathrooms:
-
(Full:-, Half:-)
Year built:
1974
(Age: 49)
General Listing Location:
1974
(Age: 49)
County Or Parish:
Los Angeles
Common Interest:
Condominium
Gross Income:
36000.0
Gross Scheduled Income:
36000.0
Net Operating Income:
27962.0
Rent Control:
Yes
Association Fee:
210.0
Association Fee Frequency:
Monthly
Association Fee Includes:
Sewer
Land Lease:
No
Electric Expense:
0.0
Fuel Expense:
0.0
Insurance Expense:
1200.0
Operating Expense:
8037.0
Professional Management Expense:
0.0
Trash Expense:
100.0
Water and Sewer Expense:
110.0
Tax Lot:
1
New Depot and Figueroa Terrace
Floor
Type
Size
Other
-
Bedroom
00 × 00
All Bedrooms Up
View:
City Lights
Number of Buildings:
12
# of Electric Meters:
1
# of Gas Meters:
1
# of Water Meters:
1
Community Features:
Curbs
Senior Community:
No
Interior Features:
All Bedrooms Up
Laundry Features:
Electric Dryer Hookup, Gas Dryer Hookup, In Kitchen
Pool Features:
None
Private Pool:
No
Lot Features:
6-10 Units/Acre
Fireplace Features:
None
Association Amenities:
Maintenance Grounds, Insurance, Management, Maintenance Front Yard, Pet Restrictions, Pets Allowed, Trash, Water