$1,390,000 Price Analysis   ♡   Los Angeles, CA 90006 Unknown bed None bath 4,032 SqFt ($344/SqFt) 6,274SqFt lot. Built 1906 Listed 2024-02-04, Taxes $12,397 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
PRICE REDUCED FOR A QUICK SALE LAR4 ZONING 6-UNIT APT IN THE HEART OF LOS ANGELES!!!
* No Longer For Sale *
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GREAT INVESTMENT and DEVELOPMENT OPPORTUNITY 6-Unit APARTMENT BUILDING ON THIS LAR-4ZONING AREA , TOC TIER 2 LOT n a busy HOOVER ST. TWO STORIES VICTORIAN-STYLE BUILDING, SIZE:4, 032 SQ FT, WITH LARGE LOT (SIZE APP. 6, 272 SQ FT.) WITH ASSIGNED 10 PARKING LOTS. THIS PROPERTY LOCATED AT THE CORNER OF HOOVER STREET AND W. 12TH STREET, NEXT TO THE PUBLIC TRANSPORTATION BUS STOP. CENTRALLY LOCATED TO L.A. LIVE, STAPLES, CONVENTION CENTER, DOWNTOWN L.A., KOREA TOWN, AND USC CAMPUS.
THIS INCOME PROPERTY IS SET UP AS SIX (6) UNITS. SOLD WITH TENANTS IN THE PLACES. THERE ARE FENCED 10 PARKING OPEN SPACES AVAILABLE. THE SELLER HAS UPGRADED/REPLACED ALL PLUMBING, SEWER LINE, AND KITCHENS ACCORDING TO THE L.A. CITY BUILDING CODE FOR A PERIOD OF A COUPLE OF YEARS RECENTLY. THIS PROPERTY IS TO BE SOLD IN AS A AS-IS CONDITION . PLEASE DRIVE BY OR WALK AROUND ONLY. DO NOT GO DIRECTLY. DO NOT DISTURB CURRENT OCCUPANTS. ALL CURRENT TENANTS ARE PAY RENT ON TIME MONTHLY AND VERY COOPERATIVE TO THE LANDLORD. VERY EASY ACCESS TO/FROM FWY 10, 101 AND110.THIS PROPERTY IS TO BE SOLD IN AS A AS-IS CONDITION . PLEASE DRIVE BY OR WALK AROUND ONLY. DO NOT GO DIRECTLY. DO NOT DISTURB CURRENT O CCUPANTS.
Presented by Jason Hong at
Team Spirit Realty.
Property MLS #RS24023789 from CRMLS
Road Frontage Type: City Street
Road Surface Type: Paved
Lot Size Acres: 0.1440312
Lot Size Source: Assessor
Lot Size Square Feet: 6274
Parking Features: Parking YN: Yes, Parking Features: Assigned
Parking Total: 10
Gardener Expense: 720.00
Maintenance Expense: 2400.00
County: Los Angeles
Cap Rate: 5.10
Source Property Type: Residential Income
Insurance Expense: 2500.00
Area: C17 - Mid-Wilshire
Source Neighborhood: C17 - Mid-Wilshire
New Taxes Expense: 17500.00
Number of Separate Electric Meters: 6
Number of Separate Gas Meters: 6
Number of Separate Water Meters: 1
Parcel Number: 5076015023
Pest Control Expense: 600.00
Postal Code Plus 4: 3550
Professional Management Expense: 400.00
Trash Expense: 1600.00
Zoning: LAR4
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $334,654 + $635,843 $970,497 | $12,397 |
| 2021 | $328,093 + $623,376 $951,469 | $12,234 |
| 2020 | $324,729 + $616,985 $941,714 | $12,349 |
| 2019 | $318,362 + $604,888 $923,250 | $11,889 |
| 2018 | $312,120 + $593,028 $905,148 | $11,748 |
| 2017 | $306,000 + $581,400 $887,400 | $11,357 |
| 2016 | $207,106 + $429,746 $636,852 | $7,885 |
| 2015 | $203,996 + $428,391 $632,387 | $8,337 |
| 2014 | $105,298 + $631,795 $737,093 | $9,828 |
| 2013 | $104,823 + $628,940 $733,763 | $9,724 |
| 2012 | $102,768 + $616,608 $719,376 | $9,850 |
| 2010 | $100,753 + $604,518 $705,271 | $9,353 |
| 2009 | $228,888 + $603,432 $832,320 | $10,655 |
| 2009 | $100,000 + $600,000 $700,000 | $10,655 |
| 2008 | $224,400 + $591,600 $816,000 | $10,156 |
| 2007 | $220,000 + $580,000 $800,000 | $9,818 |
$1,350,000
CRMLS
Price Changed 2024-05-08
$1,390,000
CRMLS
Relisted 2024-04-03
$1,450,000
CRMLS
Listing removed 2024-03-19
$0
CRMLS
Listed 2024-02-04
$1,450,000
CRMLS
Listing removed 2022-03-17
$0
CRMLS
Price Changed 2021-05-24
$1,419,000
CRMLS
Listed 2021-05-01
$1,495,500
CRMLS
Listing removed 2021-04-30
$0
CRMLS
Price Changed 2021-04-20
$1,495,000
CRMLS
Price Changed 2021-01-07
$1,490,000
CRMLS
Price Changed 2020-11-03
$1,530,000
CRMLS
Listed 2020-08-21
$1,585,000
CRMLS
Listing removed 2018-10-19
$665,000
CRISNET
Listing removed 2018-10-19
$659,000
CRISNET
Sold 2016-05-16
$870,000
Public Record
Sold 2014-05-30
$620,000
TheMLSCLAW
Relisted 2014-04-11
$700,000
TheMLSCLAW
Listing removed 2014-04-08
$700,000
TheMLSCLAW
Listed 2014-03-27
$700,000
TheMLSCLAW
Listing removed 2013-10-14
$665,000
CRISNET
Listed 2013-09-13
$665,000
CRISNET
Listing removed 2013-06-19
$659,000
CRISNET
Price Changed 2013-04-18
$659,000
CRISNET
Listed 2013-03-12
$675,000
CRISNET
Listing removed 2011-09-28
$599,000
ITECH
Listing removed 2011-08-22
$599,000
TheMLSCLAW
Price Changed 2011-03-31
$599,000
TheMLSCLAW
Listed 2011-03-28
$599,000
ITECH
Listed 2011-03-28
$590,000
TheMLSCLAW
Sold 2003-04-10
$450,000
Public Record
Sold 1972-05-31
$35,000
Public Record
Year Built: 1906
Building Features: 1
Common Walls: 1 Common Wall
Construction Materials: Stucco
Entry Level: 2
Entry Location: /
Foundation Details: Concrete Perimeter
Property Age: 118
Property Attached: Yes
Roof: Shingle
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor
Sewer: Sewer: Public Sewer, Water Sewer Expense: 6400.00
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Source: Public
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