$750,000 Price Analysis   ♡   Los Angeles, CA 90044 3 bed 3 bath 1,440 SqFt ($520/SqFt) 4,020SqFt lot. Built 1949 Listed 2024-05-23, Taxes $7,512 | Ⓧ USDA Ineligible due to location near Los Angeles |
You will be hard pressed to find an income property in Los Angeles with this level cash flow @ a 7.7 cap rate you can't beat this deal.
This triplex is fully remdeled boasting recessed lighting, wood floors, stainless steel appliances, gorgeous kitchens and bathrooms. Although the rents are tremendous they are not at it's full potential, the one bedrooms could easily b e rented for 2400 a month.
If you're looking for a great cash flowing buy and hold or looking to jumpstart your wealth by living in one of the units and renting out the others then you cannot afford to miss this deal. Gross Rents are 68000 per year!
Presented by Mark King at
KW Advisors.
Property MLS #24-395405 from TheMLSCLAW
Full Bathrooms: 3
Heating Features: Wall, Wall Electric
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 4020
Calculated Total Monthly Association Fees: 0
Number of Units: 3
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 2400, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 2400, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 2400
County: Los Angeles
Cap Rate: 7.7
Directions: Get on I-405 S in Culver City from Charnock Rd and Sawtelle Blvd...Continue on I-405 S. Take I-105 E to S Vermont Ave in West Athens. Take exit 7A from I-105 E...Continue on S Vermont Ave. Drive to S Hoover St in Los Angeles
Source Property Type: Residential Income
Area: Metropolitan Southwest
Source Neighborhood: Metropolitan Southwest
Owner Pays: Water, Gardener
Parcel Number: 6054-023-030
Postal Code Plus 4: 4638
Zoning: LARD2
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $206,113 + $412,226 $618,339 | $7,512 |
| 2021 | $202,072 + $404,144 $606,216 | $7,415 |
| 2020 | $102,000 + $306,000 $408,000 | $5,268 |
| 2019 | $125,800 + $99,315 $225,115 | $2,091 |
| 2018 | $123,334 + $97,368 $220,702 | $2,847 |
| 2017 | $120,916 + $95,459 $216,375 | $2,789 |
| 2016 | $118,546 + $93,588 $212,134 | $2,714 |
| 2015 | $116,766 + $92,183 $208,949 | $2,677 |
| 2014 | $114,479 + $90,378 $204,857 | $2,705 |
| 2013 | $113,962 + $89,970 $203,932 | $2,699 |
| 2012 | $111,728 + $88,206 $199,934 | $2,731 |
| 2010 | $109,538 + $86,477 $196,015 | $2,685 |
| 2009 | $108,979 + $86,035 $195,014 | $2,588 |
| 2009 | $108,720 + $85,831 $194,551 | $2,588 |
| 2008 | $106,843 + $84,349 $191,192 | $2,485 |
| 2007 | $104,749 + $82,696 $187,445 | $2,404 |
$750,000
TheMLSCLAW
Listed 2024-05-23
$799,999
TheMLSCLAW
Sold 2020-05-28
$600,000
CRMLS
Listing removed 2019-10-08
$0
CRMLS
Price Changed 2019-09-14
$597,000
CRMLS
Price Changed 2019-08-09
$585,000
CRMLS
Listed 2019-05-23
$550,000
CRMLS
Sold 2019-04-05
$400,000
CRMLS
Listed 2018-12-12
$399,950
CRMLS
Sold 2001-08-06
$170,000
Public Record
Sold 2000-11-02
$96,000
Public Record
Listing removed 1999-01-30
$159,900
ITECH
Listed 1998-08-04
$159,900
ITECH
Sold 1996-05-17
$100,000
Public Record
Year Built: 1949
Levels: One Level
Living Area Source: Vendor Enhanced
Property Age: 75
Year Built Source: Vendor Enhanced
Map directions Map directions Map directions Map directions
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  | ||
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.