$2,250,000 Price Analysis   ♡   Los Angeles, CA 90005 8 bed 8 bath 5,322 SqFt ($422/SqFt) 7,249SqFt lot. Built 1922 Listed 2023-02-28, Taxes $23,274 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
We are proud to present this value-add opportunity in Koreatown.
The 8-unit building which sits on a 7, 249 square foot LAR4 zoned lot is located west of Vermont Avenue and south of 8th Stree t. Seven of the eight units have been extensively rehabbed, featuring new flooring, bathroom fixturs and interior lighting.
The unit mix consists of all one bedroom/one bathrooms. A new buyer has the ability re-position the asset and build up to 18 units by right and up to 34 units using TOC incentives.
Presented by David Kaufman at
David Ballin Kaufman.
Property MLS #23-245953 from TheMLSCLAW
Bedrooms: 8
Total Bathrooms: 8
Full Bathrooms: 8
Full Bathrooms: 8
Cooling Features: Wall Unit(s)
Heating Features: Central
Heating Features: Central
Lot Size Acres: 0.1664141
Lot Size Source: Assessor
Lot Size Square Feet: 7249
Lot Size Source: Assessor
Lot Size Square Feet: 7249
Garage Description: Assigned
Association: No
Calculated Total Monthly Association Fees: 0
Calculated Total Monthly Association Fees: 0
Number of Buildings: 2
Number of Units: 8
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 18000
Number of Units: 8
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 18000
Source Listing Status: Active
County: Los Angeles
Directions: West of Vermont, South of 8th Street.
Source Property Type: Residential Income
Area: Mid-Wilshire
Source Neighborhood: Mid-Wilshire
Parcel Number: 5094-014-016
Zoning: LAR4
Source System Name: C2C
County: Los Angeles
Directions: West of Vermont, South of 8th Street.
Source Property Type: Residential Income
Area: Mid-Wilshire
Source Neighborhood: Mid-Wilshire
Parcel Number: 5094-014-016
Zoning: LAR4
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $568,914 + $1,327,465 $1,896,379 | $23,274 |
| 2021 | $557,759 + $1,301,437 $1,859,196 | $22,978 |
| 2020 | $552,040 + $1,288,093 $1,840,133 | $23,206 |
| 2019 | $541,216 + $1,262,837 $1,804,053 | $22,308 |
| 2018 | $530,604 + $1,238,076 $1,768,680 | $22,151 |
| 2017 | $520,200 + $1,213,800 $1,734,000 | $21,639 |
| 2016 | $510,000 + $1,190,000 $1,700,000 | $21,133 |
| 2015 | $376,372 + $550,789 $927,161 | $11,924 |
| 2014 | $369,000 + $540,000 $909,000 | $12,011 |
| 2013 | $29,988 + $329,903 $359,891 | $5,238 |
| 2012 | $29,400 + $323,435 $352,835 | $5,301 |
| 2010 | $28,824 + $317,094 $345,918 | $5,133 |
| 2009 | $28,677 + $315,473 $344,150 | $5,042 |
| 2009 | $28,609 + $314,725 $343,334 | $5,042 |
| 2008 | $28,115 + $309,288 $337,403 | $4,857 |
| 2007 | $27,564 + $303,224 $330,788 | $4,692 |
Relisted 2024-06-11
$2,250,000
TheMLSCLAW
Listing removed 2024-06-01
$0
TheMLSCLAW
Price Changed for rent 2024-05-23
$1,750
TheMLSCLAW
Listed for rent 2024-03-27
$1,800
TheMLSCLAW
Listing removed 2024-01-25
$1,895
TheMLSCLAW
Relisted 2023-12-14
$2,250,000
TheMLSCLAW
Listing removed 2023-12-02
$0
TheMLSCLAW
Listing removed 2023-11-15
$2,250,000
TheMLSCLAW
Price Changed 2023-03-02
$2,250,000
TheMLSCLAW
Listed 2023-02-28
$2,400,000
TheMLSCLAW
Listing removed 2022-12-03
$0
TheMLSCLAW
Price Changed 2022-08-16
$2,000,000
TheMLSCLAW
Price Changed 2022-06-30
$2,200,000
TheMLSCLAW
Price Changed 2022-02-23
$2,500,000
TheMLSCLAW
Price Changed 2021-08-28
$2,550,000
TheMLSCLAW
Price Changed 2021-07-23
$2,500,000
TheMLSCLAW
Price Changed 2020-08-31
$2,700,000
TheMLSCLAW
Price Changed 2019-11-26
$2,750,000
TheMLSCLAW
Price Changed 2019-06-24
$2,850,000
TheMLSCLAW
Listed 2019-06-19
$2,600,000
TheMLSCLAW
Listing removed 2019-03-15
$0
TheMLSCLAW
Price Changed 2018-09-14
$2,800,000
TheMLSCLAW
Price Changed 2018-09-11
$2,700,000
TheMLSCLAW
Listed 2018-07-13
$3,120,000
TheMLSCLAW
Sold 2015-09-23
$1,700,000
TheMLSCLAW
Listed 2015-06-15
$1,790,000
TheMLSCLAW
Sold 2013-07-12
$909,000
TheMLSCLAW
Listing removed 2013-05-29
$899,000
ITECH
Listed 2013-03-28
$899,000
ITECH
Listed 2013-03-13
$899,000
TheMLSCLAW
Listing removed 2012-08-29
$925,000
ITECH
Listing removed 2012-03-31
$925,000
TheMLSCLAW
Listing removed 2012-01-30
$925,000
TheMLSCLAW
Listed 2012-01-30
$925,000
ITECH
Listed 2012-01-30
$925,000
TheMLSCLAW
Listing removed 2012-01-29
$925,000
ITECH
Price Changed 2012-01-05
$925,000
TheMLSCLAW
Listed 2011-07-29
$925,000
ITECH
Listed 2011-07-29
$975,000
TheMLSCLAW
Listing removed 2011-07-07
$985,000
ITECH
Listing removed 2011-03-23
$985,000
TheMLSCLAW
Listing removed 2011-03-03
$985,000
TheMLSCLAW
Listed 2011-02-07
$985,000
ITECH
Listed 2011-02-07
$985,000
TheMLSCLAW
Listed 2011-02-07
$985,000
TheMLSCLAW
Listing removed 2011-01-14
$995,000
TheMLSCLAW
Listing removed 2011-01-13
$995,000
ITECH
Listed 2010-09-13
$995,000
ITECH
Listed 2010-09-13
$995,000
TheMLSCLAW
Listing removed 2010-06-26
$1,295,000
TheMLSCLAW
Listing removed 2010-06-23
$1,295,000
ITECH
Price Changed 2010-06-18
$1,295,000
TheMLSCLAW
Listed 2010-02-23
$1,295,000
ITECH
Listed 2010-02-23
$1,395,000
TheMLSCLAW
Sold 2002-03-21
$300,000
ITECH
Listed 2001-10-02
$315,000
ITECH
Listing removed 2001-09-01
$359,000
ITECH
Listed 2001-06-26
$359,000
ITECH
$2,250,000
TheMLSCLAW
Listing removed 2024-06-01
$0
TheMLSCLAW
Price Changed for rent 2024-05-23
$1,750
TheMLSCLAW
Listed for rent 2024-03-27
$1,800
TheMLSCLAW
Listing removed 2024-01-25
$1,895
TheMLSCLAW
Relisted 2023-12-14
$2,250,000
TheMLSCLAW
Listing removed 2023-12-02
$0
TheMLSCLAW
Listing removed 2023-11-15
$2,250,000
TheMLSCLAW
Price Changed 2023-03-02
$2,250,000
TheMLSCLAW
Listed 2023-02-28
$2,400,000
TheMLSCLAW
Listing removed 2022-12-03
$0
TheMLSCLAW
Price Changed 2022-08-16
$2,000,000
TheMLSCLAW
Price Changed 2022-06-30
$2,200,000
TheMLSCLAW
Price Changed 2022-02-23
$2,500,000
TheMLSCLAW
Price Changed 2021-08-28
$2,550,000
TheMLSCLAW
Price Changed 2021-07-23
$2,500,000
TheMLSCLAW
Price Changed 2020-08-31
$2,700,000
TheMLSCLAW
Price Changed 2019-11-26
$2,750,000
TheMLSCLAW
Price Changed 2019-06-24
$2,850,000
TheMLSCLAW
Listed 2019-06-19
$2,600,000
TheMLSCLAW
Listing removed 2019-03-15
$0
TheMLSCLAW
Price Changed 2018-09-14
$2,800,000
TheMLSCLAW
Price Changed 2018-09-11
$2,700,000
TheMLSCLAW
Listed 2018-07-13
$3,120,000
TheMLSCLAW
Sold 2015-09-23
$1,700,000
TheMLSCLAW
Listed 2015-06-15
$1,790,000
TheMLSCLAW
Sold 2013-07-12
$909,000
TheMLSCLAW
Listing removed 2013-05-29
$899,000
ITECH
Listed 2013-03-28
$899,000
ITECH
Listed 2013-03-13
$899,000
TheMLSCLAW
Listing removed 2012-08-29
$925,000
ITECH
Listing removed 2012-03-31
$925,000
TheMLSCLAW
Listing removed 2012-01-30
$925,000
TheMLSCLAW
Listed 2012-01-30
$925,000
ITECH
Listed 2012-01-30
$925,000
TheMLSCLAW
Listing removed 2012-01-29
$925,000
ITECH
Price Changed 2012-01-05
$925,000
TheMLSCLAW
Listed 2011-07-29
$925,000
ITECH
Listed 2011-07-29
$975,000
TheMLSCLAW
Listing removed 2011-07-07
$985,000
ITECH
Listing removed 2011-03-23
$985,000
TheMLSCLAW
Listing removed 2011-03-03
$985,000
TheMLSCLAW
Listed 2011-02-07
$985,000
ITECH
Listed 2011-02-07
$985,000
TheMLSCLAW
Listed 2011-02-07
$985,000
TheMLSCLAW
Listing removed 2011-01-14
$995,000
TheMLSCLAW
Listing removed 2011-01-13
$995,000
ITECH
Listed 2010-09-13
$995,000
ITECH
Listed 2010-09-13
$995,000
TheMLSCLAW
Listing removed 2010-06-26
$1,295,000
TheMLSCLAW
Listing removed 2010-06-23
$1,295,000
ITECH
Price Changed 2010-06-18
$1,295,000
TheMLSCLAW
Listed 2010-02-23
$1,295,000
ITECH
Listed 2010-02-23
$1,395,000
TheMLSCLAW
Sold 2002-03-21
$300,000
ITECH
Listed 2001-10-02
$315,000
ITECH
Listing removed 2001-09-01
$359,000
ITECH
Listed 2001-06-26
$359,000
ITECH
Total Square Feet Living: 5322
Year Built: 1922
Levels: Multi Levels
Living Area Source: Assessor
Property Age: 102
Property Condition: Updated/Remodeled
Levels or Stories: 1
Building Total Stories: 1
Year Built Source: Assessor
Year Built: 1922
Levels: Multi Levels
Living Area Source: Assessor
Property Age: 102
Property Condition: Updated/Remodeled
Levels or Stories: 1
Building Total Stories: 1
Year Built Source: Assessor
Other Equipment: Washer
Rfk Community Schools - Ambassador School - Global Education is a public elementary school located approximately 0.2 miles away.
Map directions
Map directionsRfk Community Schools-Ambassador-Global Leadership is a public middle and high school located approximately 0.2 miles away.
Map directions
Map directionsKorean Baptist Church School is a private elementary school located approximately 0.2 miles away.
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.