$2375000 Price Analysis   ♡   Los Angeles, CA 90032 18 bed 12 bath 6816 SqFt ($348/SqFt) 7644SqFt lot. Built 1963 Listed 2024-04-13, Taxes $11580 | Ⓧ USDA Ineligible due to price & location near Aurant |
Improved Sale Price and Motivated Seller - This is a prime investment opportunity in the desirea ble El Sereno neighborhood of Los Angeles.
The well-maintained property features 6 rare find units, each offering 3 beds, 2 baths and 1, 136 sf of living space split up between 2 buildings. Residents benefits from the shred community laundry facility and covered carport parking. Situated between Downtown LA and Pasadena, this property offers both comfort and convenience, making it highly attractive to tenants seeking quality living and offers owners the reliability of a highly dense area.
Its proximity to USC, Cal State LA, CalTech, DTLA and numerous surrounding cities' amenities ensure a steady stream of income with plenty of growth potential. Seller is offering the buyer's agent a 2% commission at completion of sale. All buyer's agent must be licensed and provide a signed buyer's rep agreement.
Presented by Vivienne Tran at
Cali Home Realty.
Property MLS #PW24073550 from CRMLS
Parking Features: Parking YN: Yes, Parking Features: Assigned, Carport, Attached Carport, Covered
Parking Total: 6
Lot Size Acres: 0.1754821
Lot Size Source: Assessor
Lot Size Square Feet: 7644
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 3
Bedrooms in Unit-3: 3
Bedrooms in Unit-4: 3
Bedrooms in Unit-5: 3
Bedrooms in Unit-6: 3
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 2
Total Bathrooms in Unit-4: 2
Total Bathrooms in Unit-5: 2
Total Bathrooms in Unit-6: 2
Tenant Pays: All Utilities, Cable TV, Trash Collection
Rent Control: Yes
County: Los Angeles
Cap Rate: 5.40
Source Property Type: Residential Income
Insurance Expense: 2220.00
Area: 621 - El Sereno
Source Neighborhood: 621 - El Sereno
Number of Separate Electric Meters: 8
Number of Separate Gas Meters: 8
Number of Separate Water Meters: 1
Parcel Number: 5309003020
Postal Code Plus 4: 1800
Zoning: LARD3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $381830 + $509111 $890941 | $11580 |
| 2021 | $374344 + $499129 $873473 | $11410 |
| 2020 | $370506 + $494012 $864518 | $11512 |
| 2019 | $363242 + $484326 $847568 | $11090 |
| 2018 | $356120 + $474830 $830950 | $10937 |
| 2017 | $349138 + $465520 $814658 | $10668 |
| 2016 | $342293 + $456393 $798686 | $10366 |
| 2015 | $337152 + $449538 $786690 | $10224 |
| 2014 | $330548 + $440733 $771281 | $10292 |
| 2013 | $329055 + $438742 $767797 | $10282 |
| 2012 | $322603 + $430140 $752743 | $10418 |
| 2010 | $316278 + $421706 $737984 | $10133 |
| 2009 | $314661 + $419550 $734211 | $9773 |
| 2009 | $313915 + $418555 $732470 | $9773 |
| 2008 | $308492 + $411324 $719816 | $9376 |
| 2007 | $302444 + $403259 $705703 | $9054 |
$2375000
CRMLS
Listed 2024-04-13
$2550000
CRMLS
Listing removed 2023-12-02
$0
CRMLS
Price Changed 2023-08-23
$2550000
CRMLS
Listed 2023-05-02
$2700000
CRMLS
Sold 2004-06-08
$665000
Public Record
Sold 2003-08-22
$543000
Public Record
Sold 1988-08-26
$385000
Public Record
Sold 1987-10-13
$320000
Public Record
Year Built: 1963
Building Features: 2
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 61
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Public Records
Sewer: Sewer: Public Sewer, Water Sewer Expense: 6000.00
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.