$3,200,000 Price Analysis   ♡   Los Angeles, CA 90019 12 bed 11 bath 7,360 SqFt ($434/SqFt) 6,870SqFt lot. Built 1964 Listed 2024-05-30, Taxes $33,444 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Income Investment property for sale in Prime Korea Town area.
Thiis building has 12 well maintained multifamily units and are located close to restaurants, shopping centers, markets and schools Koreatown submarket area. Originally built in 1964, the three-story apartments building with the parking lot on the first level consists of twelve (12) large 0ne-bedroom and one-bathroom units and one parking assigned for each unit. Most units are upgraded with new laminate wood floors. kitchen area. There are 14 parking spaces and a bonus room on the ground floor which can be used for storage, office, etc.
For additional reference this investment is situated South of 8th Street and West of Western Avenue near to Olympic Blvd. This location provides tenants easy access to surrounding areas including Larchmont Village, Country Club Park, Miracle Mile, Hollywood, Downtown, Chinatown. In additin of this, the property is conveniently located near the 110, 101 and 10 Freeways. Property to be sold in As-Is condition, no termite or work repairs to be done by Sellers. Buyer responsible in verifying all property details. Sellers are motivated to make a deal, please do not disturbed tenants and subject to interior inspection upon an acceptance off er.
Presented by ALFREDO GUERRA at
GEORGE MICHAEL REALTY.
Property MLS #MB24109041 from CRMLS
Lot Size Acres: 0.1577135
Lot Size Source: Assessor
Lot Size Square Feet: 6870
Parking Features: Parking YN: Yes, Parking Features: Assigned, Controlled Entrance, Covered, Driveway Level, Garage Door Opener
Parking Total: 14
Unit Features: Bedrooms in Unit 11 : 1, Unit 11 GarageSpaces : 1.00, Bedrooms in Unit 12 : 1, Bathrooms in Unit 12 : 1, Unit 12 GarageSpaces : 1.00
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 1
Bedrooms in Unit-6: 1
Bedrooms in Unit-7: 1
Bedrooms in Unit-8: 1
Bedrooms in Unit-9: 1
Bedrooms in Unit-10: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Total Bathrooms in Unit-7: 1
Total Bathrooms in Unit-8: 1
Total Bathrooms in Unit-9: 1
Total Bathrooms in Unit-10: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
Unit-4 Garage Spaces: 1
Unit-5 Garage Spaces: 1
Unit-6 Garage Spaces: 1
Unit-7 Garage Spaces: 1
Unit-8 Garage Spaces: 1
Unit-9 Garage Spaces: 1
Unit-10 Garage Spaces: 1
County: Los Angeles
Source Property Type: Residential Income
Area: KREA - Koreatown
Source Neighborhood: KREA - Koreatown
Number of Separate Electric Meters: 13
Number of Separate Gas Meters: 13
Number of Separate Water Meters: 1
Parcel Number: 5081025007
Postal Code Plus 4: 2154
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $858,948 + $1,896,380 $2,755,328 | $33,444 |
| 2021 | $842,106 + $1,859,197 $2,701,303 | $33,017 |
| 2020 | $833,472 + $1,840,134 $2,673,606 | $33,351 |
| 2019 | $817,130 + $1,804,053 $2,621,183 | $32,045 |
| 2018 | $801,108 + $1,768,680 $2,569,788 | $31,890 |
| 2017 | $785,400 + $1,734,000 $2,519,400 | $31,166 |
| 2016 | $308,849 + $214,476 $523,325 | $7,236 |
| 2015 | $304,210 + $211,255 $515,465 | $7,143 |
| 2014 | $298,251 + $207,117 $505,368 | $7,247 |
| 2013 | $296,904 + $206,181 $503,085 | $7,242 |
| 2012 | $291,083 + $202,139 $493,222 | $7,334 |
| 2010 | $285,376 + $198,176 $483,552 | $7,226 |
| 2009 | $283,917 + $197,163 $481,080 | $6,976 |
| 2009 | $283,244 + $196,695 $479,939 | $6,976 |
| 2008 | $278,350 + $193,298 $471,648 | $6,717 |
| 2007 | $272,893 + $189,508 $462,401 | $6,487 |
$3,200,000
CRMLS
Listing removed 2023-10-02
$0
CRMLS
Price Changed 2023-09-26
$3,300,000
CRMLS
Listed 2023-09-08
$3,200,000
CRMLS
Listing removed 2023-09-08
$0
CRMLS
Price Changed 2023-08-10
$3,200,000
CRMLS
Listed 2023-08-07
$3,100,000
CRMLS
Listing removed 2023-02-28
$0
CRMLS
Listing removed 2023-01-02
$0
CRMLS
Listed 2023-01-02
$3,300,000
CRMLS
Price Changed 2021-12-22
$3,300,000
CRMLS
Listed 2021-12-16
$3,000,000
CRMLS
Sold 2016-03-18
$2,470,000
Public Record
Listing removed 2016-03-18
$2,525,000
TheMLSCLAW
Listed 2016-02-19
$2,525,000
TheMLSCLAW
Sold 1984-12-04
$305,000
Public Record
Sold 1980-04-30
$30,000
Public Record
Year Built: 1964
Building Features: 1
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 60
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Commercial/Residential
Year Built Source: Assessor
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.