$1,400,000 Price Analysis 2324 W Washington BlvdLos Angeles, CA 90018 8 bed 8 bath 5,802 SqFt ($241/SqFt) 7,000SqFt lot. Built 1917 Listed 2024-08-20, Taxes $14,962 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
A prime investment opportunity located in the heart of Mid City. This 4-unit multifamily property boasts a desirable unit mix, with all four units featuring sizeable 2-bedroom, 1.5-bathroom floor plans. Each unit is designed with comfort and convenience in mind, offering expansive living spaces that are perfect for both familis and professionals alike.The building spans an impressive 5, 802 square feet on a 7, 000 square foot lot, providing ample space for tenants. Each unit includes a separate laundry room and with in-unit washer and dryer hookups, adding to the convenience and appeal for tenants.One of the four units is currently vacant and has been fully renovated, making it rent-ready for the new owner or ideal for an owner-occupant.
This beautifully updated unit presents an immediate opportunity to generate income or enjoy modern living in a thriving neighborhood.Parking is a breeze with 4 designated spots on the property, of which 2 are currently tied to leases, offering flexibility for future arrangements. The property is zoned LAC2, providing potential for additional development or other uses in the future.This property qualifies for attractive low down payment residential financing, making it an excellent choice for both seasoned investors and first-time buyers looking to enter the multifamily market. Don't miss out on this rare opportunity to own a well-maintained and income-generating property in one of Los Angeles' most dynamic and centrally located neighborhoods. Please Do not Disturb The Tenants.
Presented by Chase Simonton at
RE/MAX One.
Property MLS #24-429941 from TheMLSCLAW
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $515,283 + $695,632 $1,210,915 | $14,962 |
2021 | $505,180 + $681,993 $1,187,173 | $14,753 |
2020 | $500,000 + $675,000 $1,175,000 | $14,897 |
2019 | $42,330 + $204,397 $246,727 | $3,693 |
2018 | $41,500 + $200,390 $241,890 | $3,528 |
2017 | $40,687 + $196,461 $237,148 | $3,465 |
2016 | $39,890 + $192,609 $232,499 | $3,319 |
2015 | $39,291 + $189,716 $229,007 | $3,278 |
2014 | $38,522 + $186,000 $224,522 | $3,317 |
2013 | $38,348 + $185,160 $223,508 | $3,312 |
2012 | $37,597 + $181,530 $219,127 | $3,355 |
2010 | $36,860 + $177,971 $214,831 | $3,324 |
2009 | $36,672 + $177,061 $213,733 | $3,203 |
2009 | $36,585 + $176,641 $213,226 | $3,203 |
2008 | $35,953 + $173,590 $209,543 | $3,088 |
2007 | $35,249 + $170,187 $205,436 | $2,969 |
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.