$1,275,000 Price Analysis   ♡   Los Angeles, CA 90006 16 bed 18 bath 7,178 SqFt ($177/SqFt) 5,908SqFt lot. Listed 2024-05-31, Taxes $9,099 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
OPPORTUNITY ZONED!!
READY TO ISSUE (RTI) WITH PERMITS ALL PAID, LARGE 4 UNIT PROJECT WITH 4 BEDROOM UNITS EACH! Each unit has been meticulously designed with the most thoughtful layout, which tenants absolutely love and helps them to make quick decision. The property offers the flexibility to build a large complex with units that boast unique and tasteful finishes, ensuring a touch of sophistication.
Located in the bustling neighborhood of Koreatown, this site places you at the epcenter of everything from the vibrant energy of Downtown LA to the glamour of Beverly Hills. With an estimated monthly income of approximately $20, 000, this investment promises a substantial return. Don't miss the opportunity to secure a property that is not ready for development but a lso guarantees a lucrative and worthwhile investment in one of the most sought-after areas of Los Angeles.
Presented by Vinnie Park at
Keller Williams Larchmont.
Property MLS #24-398335 from TheMLSCLAW
Full Bathrooms: 18
Lot Size Source: Assessor
Lot Size Square Feet: 5908
Parking Total: 8
Calculated Total Monthly Association Fees: 0
Number of Units: 4
Unit Features: 1 BedsTotal: 4, 1 BathsTotal: 4.5, 1 SquareFeet: 4800, 2 BedsTotal: 4, 2 BathsTotal: 4.5, 2 SquareFeet: 4800, 3 BedsTotal: 4, 3 BathsTotal: 4.5, 3 SquareFeet: 4800, 4 BedsTotal: 4, 4 BathsTotal: 3, 4 SquareFeet: 4600
County: Los Angeles
Cap Rate: 7.4
Directions: North of Pico, West of Vermont
Source Property Type: Residential Income
Area: Mid-Wilshire
Source Neighborhood: Mid-Wilshire
Parcel Number: 5078-033-013
Postal Code Plus 4: 3218
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $60,000 + $690,000 $750,000 | $9,099 |
| 2021 | $60,166 + $241,954 $302,120 | $3,895 |
| 2020 | $59,550 + $239,474 $299,024 | $3,931 |
| 2019 | $58,383 + $234,779 $293,162 | $3,785 |
| 2018 | $57,239 + $230,176 $287,415 | $3,657 |
| 2017 | $56,117 + $225,663 $281,780 | $3,582 |
| 2016 | $55,017 + $221,239 $276,256 | $3,491 |
| 2015 | $54,191 + $217,916 $272,107 | $3,442 |
| 2014 | $53,130 + $213,648 $266,778 | $3,468 |
| 2013 | $52,890 + $212,683 $265,573 | $3,462 |
| 2012 | $51,853 + $208,513 $260,366 | $3,508 |
| 2010 | $50,837 + $204,425 $255,262 | $3,444 |
| 2009 | $50,578 + $203,381 $253,959 | $3,316 |
| 2009 | $50,458 + $202,898 $253,356 | $3,316 |
| 2008 | $49,587 + $199,394 $248,981 | $3,179 |
| 2007 | $48,615 + $195,485 $244,100 | $3,075 |
$1,275,000
TheMLSCLAW
Listed 2024-05-31
$1,350,000
TheMLSCLAW
Listing removed 2024-05-21
$0
TheMLSCLAW
Listed 2024-02-24
$1,499,800
TheMLSCLAW
Sold 2021-07-30
$750,000
TheMLSCLAW
Sold 1990-01-11
$180,000
Public Record
Levels: Multi Levels
Living Area Source: Plans
Levels or Stories: 3
Building Total Stories: 3
Map directions Map directions Map directions Map directions
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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.