$2,150,000 Price Analysis   ♡   Los Angeles, CA 90019 18 bed 10 bath 10,610 SqFt ($202/SqFt) 0.3 acre lot. Built 1922 Listed 2024-04-29, Taxes $16,174 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Don't miss this WOOD-FRAME/Brick Faade property (Buyer to Verify)
- with 8 incredibly big floor plans! This 8-Unit mult ifamily investment opportunity is located in the heart of Mid-City/Arlington Heights submarket, south of Pico Boulevard by Arlington. The building measures at 10, 610 SF offering prospective renters with floor plans averaging approximately 1, 300 SF per unit - and an attractive unit mix consisting of (6) two-bedroom units and (2) three-bedroom units.
Phenomenal value-add potential with approximately 50% in upsde in rents from current to market. On-site Parking for 8 cars and In-Unit Washer/Dryers.
Presented by Everett Wong at
Greysteel California, Inc.
Property MLS #PW24085037 from CRMLS
Lot Size Acres: 0.3023
Lot Size Source: Assessor
Lot Size Square Feet: 13168
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 3
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 2
Bedrooms in Unit-6: 2
Bedrooms in Unit-7: 3
Bedrooms in Unit-8: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 2
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Total Bathrooms in Unit-7: 2
Total Bathrooms in Unit-8: 1
County: Los Angeles
Cap Rate: 4.80
Source Property Type: Residential Income
Insurance Expense: 7753.00
Area: C16 - Mid Los Angeles
Source Neighborhood: C16 - Mid Los Angeles
Number of Separate Electric Meters: 8
Number of Separate Gas Meters: 8
Number of Separate Water Meters: 1
Parcel Number: 5073004010
Postal Code Plus 4: 4724
Professional Management Expense: 6751.00
Trash Expense: 6306.00
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $596,149 + $643,143 $1,239,292 | $16,174 |
| 2021 | $606,740 + $630,533 $1,237,273 | $16,187 |
| 2020 | $600,519 + $624,068 $1,224,587 | $16,332 |
| 2019 | $588,745 + $611,832 $1,200,577 | $15,734 |
| 2018 | $577,201 + $599,836 $1,177,037 | $15,464 |
| 2017 | $565,884 + $588,075 $1,153,959 | $15,108 |
| 2016 | $554,789 + $576,545 $1,131,334 | $14,666 |
| 2015 | $546,456 + $567,885 $1,114,341 | $14,465 |
| 2014 | $63,379 + $48,180 $111,559 | $2,606 |
| 2013 | $63,093 + $47,963 $111,056 | $2,590 |
| 2012 | $61,856 + $47,023 $108,879 | $2,621 |
| 2010 | $60,644 + $46,101 $106,745 | $2,555 |
| 2009 | $60,334 + $45,866 $106,200 | $2,470 |
| 2009 | $60,191 + $45,757 $105,948 | $2,470 |
| 2008 | $59,151 + $44,967 $104,118 | $2,414 |
| 2007 | $57,992 + $44,086 $102,078 | $2,302 |
$2,150,000
CRMLS
Listing removed 2023-04-17
$0
TheMLSCLAW
Listed 2022-12-01
$2,250,000
TheMLSCLAW
Year Built: 1922
Building Features: 1
Common Walls: No Common Walls
Entry Level: 1
Entry Location: Front of building on Wilton Pl
Property Age: 102
Building Total Stories: 2
Structure Type: Commercial/Residential
Year Built Source: Assessor
Sewer: Sewer: Public Sewer, Water Sewer Expense: 2822.00
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.