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$3,250,000   Price Analysis
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1625 Vineyard Ave
Los Angeles, CA 90019
16 bed 9 bath 6,950 SqFt ($467/SqFt)
0.32 acre lot. Built 1919
Listed 2024-04-23, Taxes $23,601
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

We proudly present 1625 Vineyard Ave

A 9 unit multifamily property in the heart of Mid City Los Angeles. The building sits n a large 14, 000-square-foot corner lot and consists of one, two and three bedroom units.

The property is gated and secured and features hardwood laminate flooring, beautifully tiled bathrooms and stainless steel appliances and fixtures. The offering includes approximately 13 tandem parking spaces and is separately metered for gas and electric.


Presented by Zac Freehling at
Skylight Real Estate Advisors, Inc.
Listing Agent Photo

Property MLS #24-383231 from TheMLSCLAW

Bedrooms: 16

Total Bathrooms: 9
Full Bathrooms: 9

Heating Features: Wall

Lot Size Acres: 0.3213958
Lot Size Source: Assessor
Lot Size Square Feet: 14000

Garage Description: Gated, Tandem, Uncovered
Parking Total: 13

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 9
Unit Features: 1 BedsTotal: 3, 1 BathsTotal: 1, 1 SquareFeet: 6400, 2 BedsTotal: 2, 2 BathsTotal: 1, 2 SquareFeet: 7800, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 7600

Tenant Pays: Gas, Electric
Vacancy Allowance: 7177

Source Listing Status: Active
County: Los Angeles
Cap Rate: 4.79
Directions: Located just south of the intersection of San Vicente Blvd and Venice Blvd.
Source Property Type: Residential Income
Area: Mid Los Angeles
Source Neighborhood: Mid Los Angeles
Owner Pays: Water
Parcel Number: 5071-018-042
Postal Code Plus 4: 5700
Zoning: LARD1.5
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$525,588 + $1,366,531
$1,892,119
$23,601
2021$515,283 + $1,339,737
$1,855,020
$23,293
2020$510,000 + $1,326,000
$1,836,000
$23,531
2019$313,189 + $769,241
$1,082,430
$14,208
2018$307,049 + $754,158
$1,061,207
$13,840
2017$301,029 + $739,371
$1,040,400
$13,514
2016$295,127 + $724,874
$1,020,001
$13,190
2015$290,694 + $713,986
$1,004,680
$13,009
2014$285,000 + $700,000
$985,000
$13,102
2013$226,386 + $679,168
$905,554
$12,169
2012$221,948 + $665,851
$887,799
$12,324
2010$217,597 + $652,796
$870,393
$11,993
2009$216,485 + $649,458
$865,943
$11,572
2009$215,971 + $647,918
$863,889
$11,572
2008$212,241 + $636,724
$848,965
$11,105
2007$208,080 + $624,240
$832,320
$10,751

Price Changed 2024-05-08
$3,250,000
TheMLSCLAW
Listed 2024-04-23
$3,350,000
TheMLSCLAW
Listing removed 2023-07-11
$0
TheMLSCLAW
Listed 2023-01-26
$3,425,000
TheMLSCLAW
Listing removed 2022-11-08
$0
TheMLSCLAW
Relisted 2022-09-16
$3,425,000
TheMLSCLAW
Listing removed 2022-08-30
$0
TheMLSCLAW
Relisted 2022-07-27
$3,425,000
TheMLSCLAW
Listing removed 2022-07-06
$0
TheMLSCLAW
Price Changed 2022-05-25
$3,500,000
TheMLSCLAW
Listed 2022-05-03
$3,650,000
TheMLSCLAW
Sold 2019-05-06
$1,800,000
Public Record
Sold 2013-07-11
$985,000
Public Record
Listing removed 2013-05-29
$995,000
ITECH
Listed 2013-02-20
$995,000
ITECH
Sold 2004-10-19
$800,000
ITECH
Listed 2004-06-06
$845,000
ITECH
Listing removed 2001-05-22
$340,000
ITECH
Listed 2000-11-22
$340,000
ITECH
Sold 1999-04-29
$230,000
Public Record
Listing removed 1999-03-31
$267,000
ITECH
Listed 1998-11-16
$267,000
ITECH
Sold 1989-12-13
$215,000
Public Record

Net Operating Income: 155811

Total Square Feet Living: 6950
Year Built: 1919
Levels: Two Level
Living Area Source: Assessor
Property Age: 105
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Vendor Enhanced

Other Equipment: Dishwasher, Microwave, Refrigerator

Alta Loma Elementary School is a public elementary school located approximately 0.2 miles away.
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Johnnie Cochran, Jr., Middle School is a public middle school located approximately 0.7 miles away.
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Los Angeles Senior High School is a public high school located approximately 0.8 miles away.
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Pico School is a private elementary school located approximately 0.4 miles away.
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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.