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$4500000   Price Analysis
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11254 Mississippi Ave
Los Angeles, CA 90025
8 bed 12 bath 6664 SqFt ($675/SqFt)
4219SqFt lot. Built 2018
Listed 2024-03-08, Taxes $29614
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

11254 Mississippi Avenue is a trophy

Newer construction 4-unit property in the heart of the Sawtelle neighborhood. This property features elegant finishes, top notch appliances and well-thought-out floorplans. The building features a extraordinary unit mix of three two-bedroom two-and-a-half-bathroom units and one three-bedroom, three-bathroom unit. These units are large in size, charming in nature and well located, which will allow them to continue to command top of the market rental prcing.

All properties feature washer and dryers and some units are townhome units. Located near public transit, freeways and thousands of jobs which will continue to attract high paying tenants. Located in the dynamic Sawtelle neighborhood, tenants benefit from a plethora of trendy restaurants, cafes, bars and shopping right outside their front door. The area has a mix of cultural and entertainment options, with art galleries, theaters and live music venues. Additionally, Sawtelle is located near the vibrant neighborhoods of Westwood and Sa nta Monica, providing easy access to additional shopping, dining and entertainment options.


Presented by Adam Feldman at
Matthews Real Estate Investment Services.


Property MLS #24-366501 from TheMLSCLAW

Bedrooms: 8

Total Bathrooms: 12
Full Bathrooms: 12

Lot Size Acres: 0.0968549
Lot Size Dimensions: 40x105
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 4219

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 4
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 2.5, 1 SquareFeet: 14400, 2 BedsTotal: 3, 2 BathsTotal: 3, 2 SquareFeet: 6600

Source Listing Status: Active
County: Los Angeles
Directions: Located west of Sawtelle and east of the 405
Source Property Type: Residential Income
Area: West L.A.
Source Neighborhood: West L.A.
Parcel Number: 4260-001-002
Postal Code Plus 4: 6861
Zoning: LAR3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$1319022 + $1166504
$2485526
$29614
2021$1293159 + $1143632
$2436791
$29228
2020$1279900 + $1131906
$2411806
$29528
2019$unknown + $1109712
$1109712
$2311
2018$unknown + $1087953
$1087953
$13107
2017$213323 + $853297
$1066620
$12848
2016$209141 + $836566
$1045707
$12571
2015$43015 + $387189
$430204
$5153
2014$42173 + $379605
$421778
$5175
2013$41983 + $377890
$419873
$5169
2012$41160 + $370481
$411641
$5237
2010$40353 + $363217
$403570
$5124
2009$40148 + $361360
$401508
$4933
2009$40052 + $360503
$400555
$4933
2008$39361 + $354275
$393636
$4718
2007$38590 + $347329
$385919
$4563

Price Changed 2024-06-27
$4500000
TheMLSCLAW
Listing removed 2024-03-28
$6600
CRMLS
Listed 2024-03-08
$4999000
TheMLSCLAW
Listed for rent 2024-02-06
$6600
CRMLS
Listing removed 2024-01-25
$6000
TheMLSCLAW
Listing removed 2024-01-02
$0
CRMLS
Listed 2023-10-25
$5200000
CRMLS
Listing removed 2022-10-02
$0
TheMLSCLAW
Price Changed for rent 2022-08-17
$6650
TheMLSCLAW
Listed for rent 2022-06-18
$6850
TheMLSCLAW
Sold 2015-05-15
$1030000
Public Record
Sold 1971-07-29
$21500
Public Record

Net Operating Income: 159719

Total Square Feet Living: 6664
Year Built: 2018
Levels: Multi Levels
Living Area Source: Vendor Enhanced
Property Age: 6
Year Built Source: Vendor Enhanced

Nora Sterry Elementary School is a public elementary school located approximately 0.5 miles away.
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Daniel Webster Middle School is a public middle school located approximately 0.8 miles away.
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University Senior High School Charter is a public high school located approximately 1.2 miles away.
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New Horizon School Westside is a private elementary school located approximately 0.3 miles away.
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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.