$890,000 Price Analysis   ♡   Los Angeles, CA 90011 8 bed 4 bath 2,976 SqFt ($299/SqFt) 5,843SqFt lot. Built 1965 Listed 2024-03-22, Taxes $5,022 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Excellent opportunity to own this 4-unit building and start or grow your portfolio.
This building was built in 1965 and is located in a prime location of the City of Los Angeles. Building offers fo ur 2-bedroom / 1 bath with ample tenant parking. All units are separately metered for gas and electricity.
This building needs some TLC. There is exceptional upside rental potential on this property. Current tenants are all long-term tenants on month-to-month tenancy. Great locaton close to Interstate 110 Freeway allowing for an easy commute to Downtown LA, LAX and several LA points of interest. Motivated Seller.
Presented by MINERVA CORRAL at
Corral Investments & Realty.
Property MLS #CV24057292 from CRMLS
Heating: Yes
Lot Size Acres: 0.1341368
Lot Size Source: Assessor
Lot Size Square Feet: 5843
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Rent Control: Yes
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 3500.00
Area: C37 - Metropolitan South
Source Neighborhood: C37 - Metropolitan South
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 1
Parcel Number: 5121018003
Postal Code Plus 4: 2677
Zoning: LAR2
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $251,593 + $136,539 $388,132 | $5,022 |
| 2021 | $246,660 + $133,862 $380,522 | $4,948 |
| 2020 | $244,131 + $132,490 $376,621 | $4,992 |
| 2019 | $239,345 + $129,893 $369,238 | $4,808 |
| 2018 | $234,652 + $127,347 $361,999 | $4,715 |
| 2017 | $230,051 + $124,850 $354,901 | $4,616 |
| 2016 | $225,541 + $122,402 $347,943 | $4,484 |
| 2015 | $222,154 + $120,564 $342,718 | $4,423 |
| 2014 | $217,803 + $118,203 $336,006 | $4,462 |
| 2013 | $216,819 + $117,669 $334,488 | $4,463 |
| 2012 | $212,568 + $115,362 $327,930 | $4,521 |
| 2010 | $104,997 + $70,912 $175,909 | $2,604 |
| 2009 | $104,461 + $70,551 $175,012 | $2,514 |
| 2009 | $104,213 + $70,383 $174,596 | $2,514 |
| 2008 | $44,967 + $11,551 $56,518 | $1,052 |
| 2007 | $44,086 + $11,325 $55,411 | $1,008 |
$890,000
CRMLS
Listed 2024-03-22
$980,000
CRMLS
Listing removed 2018-08-02
$675,000
CRMLS
Listed 2018-03-06
$675,000
CRMLS
Sold 2011-01-25
$230,000
Public Record
Listing removed 2011-01-17
$240,000
SoCalMLS
Listing removed 2010-12-07
$230,000
CRMLS
Listed 2010-11-02
$230,000
CRMLS
Listed 2010-10-20
$240,000
SoCalMLS
Sold 1968-04-03
$22,000
Public Record
Year Built: 1965
Building Features: 1
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: 1, 2
Property Age: 59
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Assessor
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.