$4,495,000 Price Analysis   ♡   Los Angeles, CA 90017 27 bed 27 bath 16,056 SqFt ($279/SqFt) 6,218SqFt lot. Built 1917 Listed 2024-06-06, Taxes $59,615 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
722 Hartford Street or the Capulet A partments
Is a 27-unit apartment community located near DTLA in the Westlake sub-market. Conveniently located in the City West neighborhood of downtown, Capulet Apartments is near a huge array of retail, entertainment and other services and the 7th Street subway station that connects you to the Red and Purple subway lines. It features a strong unit mix of Twenty-Three (23) Studio apartments and Four (4) 1-bedroom apartments.
Ownershp has conducted property-wide improvements, including private-gated access, a newly designed courtyard with murals from local artists and many of the units have been renovated with new wood flooring, updated bathrooms and kitchens, vaulted ceilings and ceiling fans. There's onsite laundry for tenants and nearby parking available at the corner of 7th and Ingraham. Current ownership has completed the plans and has ready-to-issue permits to build two 1-Bedrooms ADUs. Additionally, investors may benefit from assuming the current Chase Loan of $3M at 3.61% through April 2025.
Presented by Nick Astrupgaard at
KW Commercial Studio City.
Property MLS #24-401345 from TheMLSCLAW
Full Bathrooms: 27
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6218
Calculated Total Monthly Association Fees: 0
Number of Units: 27
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 6600, 2 BathsTotal: 1, 2 SquareFeet: 34400
County: Los Angeles
Cap Rate: 5.3
Directions: Attractive Location near DTLA in Westlake / City West
Source Property Type: Residential Income
Area: Downtown L.A.
Source Neighborhood: Downtown L.A.
Parcel Number: 5143-009-006
Zoning: LACW
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $1,715,522 + $3,216,605 $4,932,127 | $59,615 |
| 2021 | $1,681,885 + $3,153,535 $4,835,420 | $58,833 |
| 2020 | $1,664,640 + $3,121,200 $4,785,840 | $59,431 |
| 2019 | $1,632,000 + $3,060,000 $4,692,000 | $57,090 |
| 2018 | $367,580 + $2,006,905 $2,374,485 | $30,379 |
| 2017 | $360,373 + $1,967,554 $2,327,927 | $29,698 |
| 2016 | $353,307 + $1,928,975 $2,282,282 | $28,886 |
| 2015 | $348,000 + $1,900,000 $2,248,000 | $28,481 |
| 2014 | $1,052,991 + $526,495 $1,579,486 | $21,052 |
| 2013 | $953,300 + $476,700 $1,430,000 | $19,305 |
| 2012 | $1,027,680 + $513,840 $1,541,520 | $21,328 |
| 2010 | $1,007,530 + $503,765 $1,511,295 | $20,853 |
| 2009 | $895,000 + $600,000 $1,495,000 | $21,602 |
| 2009 | $892,878 + $598,578 $1,491,456 | $21,602 |
| 2008 | $970,321 + $220,527 $1,190,848 | $16,031 |
| 2007 | $951,296 + $216,203 $1,167,499 | $15,467 |
$4,495,000
TheMLSCLAW
Sold 2018-01-17
$4,600,000
Public Record
Listing removed 2015-03-18
$1,045
Zumper
Listed for rent 2015-01-29
$1,045
Zumper
Sold 2014-12-05
$2,248,000
Public Record
Sold 2008-09-10
$1,495,000
Public Record
Sold 2003-05-09
$1,080,000
Public Record
Sold 2002-04-23
$630,000
ITECH
Sold 2002-03-04
$625,000
ITECH
Listed 2002-01-26
$595,000
ITECH
Listed 2002-01-26
$595,000
ITECH
Listing removed 2001-09-02
$575,000
ITECH
Listed 2001-03-05
$575,000
ITECH
Sold 1997-09-15
$260,000
Public Record
Sold 1997-07-23
$180,000
Public Record
Year Built: 1917
Levels: Three Or More Levels
Living Area Source: Vendor Enhanced
Property Age: 107
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.