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$1,499,999   Price Analysis
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2593 Amherst Ave
Los Angeles, CA 90064
4 bed 4 bath 2,563 SqFt ($585/SqFt)
6,422SqFt lot. Built 1941
Listed 2024-03-05, Taxes $1,866
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Welcome to 2593 Amherst

* Has Contingent Offer *

A lucrative 4 Plex apartment building ideally situated in the heart of West Los Angeles, a stone's throw away from Santa Monica and the sun-kissed coast. This prime location on the corner of OceanPark Blvd and Amherst ensures convenience and accessibility. Hop on the bike p ath and you are minutes away straight to the beach. Residents will delight in the communal outdoor area, perfect for enjoying the California sunshine and fostering community connections. Each unit boasts coveted garage parking, with one garage space currently occupied and three garage spaces awaiting new tenants or owner occupancy. Additionally, two of the units present a remarkable opportunity for upside potential. Currently two units feature numerous upgrades and are currently rented at market rates, providing immediate returns for savvy investors or homeowners looking to offset expenses.

The property showcases a newer roof, approximately 2-3 years old, ensuring long-term durability and peace of mind. Recent termite work clearance further underscores the property's commitment to maintenance and quality. Inside, three units are equipped with window air conditioning, offering comfort during warmer seasons. Meanwhile, the two upgraded units stand out with their brand-new remodels, boasting custom designer kitchens, sleek stone countertops, stainless steel appliances and modern bathroom fixtures. Fresh hardwood flooring, newer dual-paned windows and convenient wall heaters enhance the living experience, while community laundry facilities adjacent to the units add to the convenience. Possible ability to add ADU's in the garage spaces. With its quiet and bright ambiance, 2593 Amherst exudes pride of ownership and presents an exceptional opportunity for investors and homeowners alike. Don't miss the chance to capitalize on the potential of this remarkable property and the vibrant lifestyle it offers in one of Los Angeles's most sought-after neighborhoods!


Presented by Alex Sacker at
KW Advisors.


Property MLS #24-365193 from TheMLSCLAW

Bedrooms: 4

Total Bathrooms: 4
Full Bathrooms: 4

Cooling Features: Window Unit(s)
Heating Features: Wall, Floor Furnace

Flooring: Hardwood

Lot Size Acres: 0.1474288
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6422

Garage Spaces: 4
Garage Description: Garage - 4+ Car
Parking Total: 4

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 4
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 2000, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 2000, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 2000, 4 BedsTotal: 1, 4 BathsTotal: 1, 4 SquareFeet: 2000

Tenant Pays: Gas, Electric

Source Listing Status: Active Under Contract
County: Los Angeles
Directions: Corner of Oceanpark and Amherst
Source Property Type: Residential Income
Area: West L.A.
Source Neighborhood: West L.A.
Owner Pays: Water
Parcel Number: 4257-023-079
Postal Code Plus 4: 2711
Zoning: LARD1.5
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$55,651 + $54,034
$109,685
$1,866
2021$54,560 + $52,975
$107,535
$1,829
2020$54,001 + $52,432
$106,433
$1,840
2019$52,943 + $51,404
$104,347
$1,788
2018$51,905 + $50,397
$102,302
$1,697
2017$50,888 + $49,409
$100,297
$1,670
2016$49,891 + $48,441
$98,332
$1,607
2015$49,142 + $47,714
$96,856
$1,590
2014$48,180 + $46,780
$94,960
$1,625
2013$47,963 + $46,569
$94,532
$1,619
2012$47,023 + $45,656
$92,679
$1,637
2010$46,101 + $44,761
$90,862
$1,629
2009$45,866 + $44,533
$90,399
$1,574
2009$45,757 + $44,427
$90,184
$1,574
2008$44,967 + $43,660
$88,627
$1,526
2007$44,086 + $42,804
$86,890
$1,475

Listed 2024-03-05
$1,499,999
TheMLSCLAW
Sold 1972-07-13
$45,000
Public Record

Net Operating Income: 6000

Total Square Feet Living: 2563
Year Built: 1941
Levels: One Level
Living Area Source: Vendor Enhanced
Property Age: 83
Levels or Stories: 1
Building Total Stories: 1
Year Built Source: Vendor Enhanced

Richland Avenue Elementary School is a public elementary school located approximately 0.5 miles away.
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Daniel Webster Middle School is a public middle school located approximately 0.8 miles away.
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University Senior High School Charter is a public high school located approximately 1.7 miles away.
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Poseidon School is a private high 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.