$2800000 Price Analysis   ♡   Los Angeles, CA 90025 10 bed 10 bath 7014 SqFt ($399/SqFt) 7377SqFt lot. Built 1962 Listed 2024-07-10, Taxes $21290 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Great investment in the heart of one of the fastest developing areas of Los Angeles.
Ju st drive down Santa Monica Blvd (3 blocks North) or Olympic Blvd (3 blocks South) and check out the level of investment in this neighborhood. The hot resturant area of Sawtelle is blocks away and the spectacular Santa Monica beaches are a 12 minute drive. Close to UCLA, 3 regional medical centers (employing 1000's of doctors, nurses and staff) and adjacent to pricey Brentwood.
The building has a mix of roomy Studios, 1 bedroom and 2 bedroom units, all currently under market rents. Huge value add potential by modernizing the units and sprucing up the exterior. Even without investing capital, this is an excellent investment. Location is directly across from the pleasing Open Space of Stoner Park which has a huge lap pool for swimming workouts, 6 championship tennis courts and more. Units 3and7 are bachelor apartments.
Presented by Lee Ziff at
Keller Williams Beverly Hills.
Property MLS #24-408061 from TheMLSCLAW
Full Bathrooms: 10
Laundry Features: Community
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 7377
Parking Total: 12
Calculated Total Monthly Association Fees: 0
Number of Units: 10
Unit Features: 1 BathsTotal: 1, 1 SquareFeet: 1895, 2 BathsTotal: 1, 2 SquareFeet: 1895, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 2195, 4 BedsTotal: 1, 4 BathsTotal: 1, 4 SquareFeet: 2495, 5 BedsTotal: 2, 5 BathsTotal: 1, 5 SquareFeet: 2995, 6 BedsTotal: 1, 6 BathsTotal: 1, 6 SquareFeet: 2495, 7 BedsTotal: 1, 7 BathsTotal: 1, 7 SquareFeet: 2195, 8 BedsTotal: 1, 8 BathsTotal: 1, 8 SquareFeet: 2495, 9 BedsTotal: 1, 9 BathsTotal: 1, 9 SquareFeet: 2495, 10 BedsTotal: 2, 10 BathsTotal: 1, 10 SquareFeet: 2995
County: Los Angeles
Cap Rate: 4.18
Directions: South of Santa Monica Blvd / West of Barrington.
Source Property Type: Residential Income
Area: West L.A.
Source Neighborhood: West L.A.
Parcel Number: 4262-016-012
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $355231 + $1368629 $1723860 | $21290 |
| 2021 | $348266 + $1341794 $1690060 | $21004 |
| 2020 | $344695 + $1328036 $1672731 | $21210 |
| 2019 | $337937 + $1301997 $1639934 | $20393 |
| 2018 | $884641 + $1018891 $1903532 | $23794 |
| 2017 | $199603 + $102850 $302453 | $4591 |
| 2016 | $195690 + $100834 $296524 | $4412 |
| 2015 | $192751 + $99320 $292071 | $4359 |
| 2014 | $188976 + $97375 $286351 | $4443 |
| 2013 | $188122 + $96935 $285057 | $4437 |
| 2012 | $184434 + $95035 $279469 | $4493 |
| 2010 | $180818 + $93172 $273990 | $4357 |
| 2009 | $179894 + $92696 $272590 | $4205 |
| 2009 | $179467 + $92476 $271943 | $4205 |
| 2008 | $176367 + $90879 $267246 | $4059 |
| 2007 | $172909 + $89098 $262007 | $3909 |
$2800000
TheMLSCLAW
Listing removed 2014-04-10
$1350
WestsideRentals
Listing removed 2014-04-10
$1100
WestsideRentals
Listed for rent 2014-04-04
$1350
WestsideRentals
Listed for rent 2014-04-04
$1100
WestsideRentals
Listing removed 2014-02-13
$1050
WestsideRentals
Listed for rent 2014-02-06
$1050
WestsideRentals
Listing removed 2013-12-20
$1100
WestsideRentals
Listed for rent 2013-12-11
$1100
WestsideRentals
Listing removed 2013-12-10
$1100
WestsideRentals
Sold 1977-12-14
$35000
Public Record
Year Built: 1962
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 62
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Vendor Enhanced
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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.