$2,300,000 Price Analysis   ♡   Los Angeles, CA 90026 11 bed 10 bath 6,160 SqFt ($373/SqFt) 4,444SqFt lot. Built 1929 Listed 2024-08-16, Taxes $16,656 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
In the middle of the highly sought-after neighborhood of Silver Lake and Echo Park find this Spanish-styled Apartment complex.
This impressive complex boasts 10-Units (9 One-Bedroom units and 1 Two-Bedroom unit); 100% oc cupied, with 4150 sqft of living area. On-site laundry. Easy t manage complex and fantastic addition to any investor's portfolio.
Rents currently below market and set in a strong rental community supported with tons of new construction all around. Its central location provides easy access to the citys amenities and attractions, including dining and entertainment options
Presented by Julio C. Ayora at
Seven Gables Real Estate.
Property MLS #PW24169119 from CRMLS
Bedrooms: 11
Laundry Features: Community
Full Bathrooms: 10
Heating Features: Natural Gas
Heating: Yes
Heating: Yes
Fencing: Fence YN: Yes, Fencing: Wrought Iron
Lot Description: Corner Lot, Gentle Sloping, Utilities - Overhead
Lot Size Acres: 0.1020202
Lot Size Source: Assessor
Lot Size Square Feet: 4444
Lot Size Acres: 0.1020202
Lot Size Source: Assessor
Lot Size Square Feet: 4444
Number of Units: 10
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: 2
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
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: 2
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
Calculated Total Monthly Association Fees: 0
Maintenance Expense: 16417.00
Maintenance Expense: 16417.00
Number of Units Leased: 10
Tenant Pays: Electricity
Rent Control: Yes
Tenant Pays: Electricity
Rent Control: Yes
Community Features: Biking, Curbs, Gutters, Sidewalks, Street Lights
Source Listing Status: Active
County: Los Angeles
Cap Rate: 5.50
Other Expense: 562.00
Source Property Type: Residential Income
Insurance Expense: 5652.00
Area: C21 - Silver Lake - Echo Park
Source Neighborhood: C21 - Silver Lake - Echo Park
New Taxes Expense: 17443.00
Number of Separate Electric Meters: 11
Number of Separate Gas Meters: 1
Number of Separate Water Meters: 1
Parcel Number: 5156017012
Postal Code Plus 4: 4670
Trash Expense: 90.00
Zoning: LAR3
Source System Name: C2C
County: Los Angeles
Cap Rate: 5.50
Other Expense: 562.00
Source Property Type: Residential Income
Insurance Expense: 5652.00
Area: C21 - Silver Lake - Echo Park
Source Neighborhood: C21 - Silver Lake - Echo Park
New Taxes Expense: 17443.00
Number of Separate Electric Meters: 11
Number of Separate Gas Meters: 1
Number of Separate Water Meters: 1
Parcel Number: 5156017012
Postal Code Plus 4: 4670
Trash Expense: 90.00
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $431,392 + $901,428 $1,332,820 | $16,656 |
| 2021 | $422,934 + $883,753 $1,306,687 | $16,429 |
| 2020 | $418,598 + $874,692 $1,293,290 | $16,587 |
| 2019 | $410,391 + $857,542 $1,267,933 | $15,956 |
| 2018 | $402,345 + $840,728 $1,243,073 | $15,860 |
| 2017 | $394,456 + $824,244 $1,218,700 | $15,487 |
| 2016 | $386,722 + $808,083 $1,194,805 | $15,096 |
| 2015 | $380,914 + $795,945 $1,176,859 | $14,884 |
| 2014 | $373,453 + $780,354 $1,153,807 | $14,990 |
| 2013 | $371,766 + $776,828 $1,148,594 | $14,985 |
| 2012 | $364,477 + $761,597 $1,126,074 | $15,182 |
| 2010 | $357,331 + $746,664 $1,103,995 | $14,788 |
| 2009 | $355,504 + $742,845 $1,098,349 | $14,256 |
| 2009 | $354,661 + $741,084 $1,095,745 | $14,256 |
| 2008 | $348,534 + $728,280 $1,076,814 | $13,664 |
| 2007 | $341,700 + $714,000 $1,055,700 | $13,212 |
Listed 2024-08-16
$2,300,000
CRMLS
Sold 2005-08-30
$1,035,000
Public Record
Listing removed 2005-06-24
$1,035,000
ITECH
Listed 2005-02-22
$1,035,000
ITECH
Sold 2002-08-15
$655,000
ITECH
Listing removed 2002-05-01
$569,000
ITECH
Listed 2001-12-28
$660,000
ITECH
Listed 2001-01-10
$569,000
ITECH
Listing removed 2001-01-01
$595,000
ITECH
Listing removed 2000-07-01
$456,000
ITECH
Listed 2000-01-13
$595,000
ITECH
Listing removed 1999-01-01
$444,444
ITECH
Listed 1998-10-17
$456,000
ITECH
Listed 1994-12-12
$444,444
ITECH
Sold 1987-09-10
$121,000
Public Record
Sold 1980-12-31
$210,000
Public Record
$2,300,000
CRMLS
Sold 2005-08-30
$1,035,000
Public Record
Listing removed 2005-06-24
$1,035,000
ITECH
Listed 2005-02-22
$1,035,000
ITECH
Sold 2002-08-15
$655,000
ITECH
Listing removed 2002-05-01
$569,000
ITECH
Listed 2001-12-28
$660,000
ITECH
Listed 2001-01-10
$569,000
ITECH
Listing removed 2001-01-01
$595,000
ITECH
Listing removed 2000-07-01
$456,000
ITECH
Listed 2000-01-13
$595,000
ITECH
Listing removed 1999-01-01
$444,444
ITECH
Listed 1998-10-17
$456,000
ITECH
Listed 1994-12-12
$444,444
ITECH
Sold 1987-09-10
$121,000
Public Record
Sold 1980-12-31
$210,000
Public Record
Net Operating Income: 126532.00
Total Square Feet Living: 6160
Year Built: 1929
Building Features: 1
Common Walls: No Common Walls
Entry Level: 1
Entry Location: Sidewalk Level
Property Age: 95
Roof: Flat
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Commercial/Residential
Year Built Source: Public Records
Year Built: 1929
Building Features: 1
Common Walls: No Common Walls
Entry Level: 1
Entry Location: Sidewalk Level
Property Age: 95
Roof: Flat
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Commercial/Residential
Year Built Source: Public Records
Electric: Standard
Electric Expense: 893.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 9219.00
Water Connected
Water Source: Public
Electric Expense: 893.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 9219.00
Water Connected
Water Source: Public
Rosemont Avenue Elementary School is a public elementary school located approximately 0.6 miles away.
Map directions
Map directionsVirgil Middle School is a public middle school located approximately 0.6 miles away.
Map directions
Map directionsBelmont Senior High School is a public high school located approximately 1.3 miles away.
Map directions
Map directionsLos Angeles Christian Academy is a private elementary, middle and high school located approximately 0.1 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.