$1,950,000 Price Analysis   ♡   Los Angeles, CA 90007 16 bed 8 bath 4,320 SqFt ($451/SqFt) 3,244SqFt lot. Built 1913 Listed 2024-07-02, Taxes $6,892 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Great property for an investor or owner occupant with one fully vacant unit ready for move in!
Turn-key property within the USC DPS Zone. The well-maintained quadruplex, conveniently offers excellent access to USC transportation, the Metro Expo Line, freeways and city transportation. The building consists of four remodeled and updated units, each app roximately 1, 080 square feet. With two units downstairs and two upstairs, every unit features 4 bedrooms and 2 bathrooms, totaling 16 bedrooms and 8 bathrooms.
Modern amenities include tankless water heaters, central AC and heat, laundry machines, fully equipped kitchens and furnished common spaces. Each unit is separately metered for gas and electricity. Bedrooms are currently rented to students and are equippd with a bed, desk and mini-fridge. Tax savings may be available as the building is registered and under a Mills Act contract. Don't miss out on this prime investment opportunity with tremendous upside potential!
Presented by Amalia Ochoa at
The Proud Crowd Inc.
Property MLS #24-408595 from TheMLSCLAW
Bedrooms: 16
Total Bathrooms: 8
Full Bathrooms: 8
Bathroom 1 Features: Remodeled, Tile, Low Flow Toilet(s)
Full Bathrooms: 8
Bathroom 1 Features: Remodeled, Tile, Low Flow Toilet(s)
Free Standing Gas
Gas/Electric Range
Laundry Facilities: In Unit
Laundry Features: In Unit
Gas/Electric Range
Laundry Facilities: In Unit
Laundry Features: In Unit
Counter Top
Remodeled
Quartz Counters
Kitchen Features: Counter Top, Remodeled, Quartz Counters
Remodeled
Quartz Counters
Kitchen Features: Counter Top, Remodeled, Quartz Counters
Cooling Features: Central, Air Conditioning
Heating Features: Central, Natural Gas
Heating Features: Central, Natural Gas
Flooring: Stained Concrete, Ceramic Tile, Carpet, Wood, Wood Laminate
Window Features: Double Pane Windows
Window Features: Double Pane Windows
Water Features: Public
Lot Description: Curbs, Fenced, Gutters, Street Paved, Street Lighting, Street Asphalt, Sidewalks
Lot Size Acres: 0.074472
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 3244
Lot Size Acres: 0.074472
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 3244
Existing Lease Type: Fee
Gross Income: 104292
Tenant Pays: Electric, Gas, Trash, Water
Vacancy Allowance: 7000
Gross Income: 104292
Tenant Pays: Electric, Gas, Trash, Water
Vacancy Allowance: 7000
Association: No
Calculated Total Monthly Association Fees: 0
Calculated Total Monthly Association Fees: 0
Number of Buildings: 1
Number of Units: 4
Unit Features: 1 BedsTotal: 4, 1 BathsTotal: 2, 1 SquareFeet: 4000, 2 BedsTotal: 4, 2 BathsTotal: 2, 2 SquareFeet: 4000, 3 BedsTotal: 4, 3 BathsTotal: 2, 3 SquareFeet: 4000, 4 BedsTotal: 4, 4 BathsTotal: 2, 4 SquareFeet: 4200
Number of Units: 4
Unit Features: 1 BedsTotal: 4, 1 BathsTotal: 2, 1 SquareFeet: 4000, 2 BedsTotal: 4, 2 BathsTotal: 2, 2 SquareFeet: 4000, 3 BedsTotal: 4, 3 BathsTotal: 2, 3 SquareFeet: 4000, 4 BedsTotal: 4, 4 BathsTotal: 2, 4 SquareFeet: 4200
Partial Copper Plumbing
Historical
Source Listing Status: Active
County: Los Angeles
Cross Street: Vermont Ave/Adams
Cap Rate: 3.4
Directions: West of Vermont, Just North of Adams, about 1 mile West of USC
Source Property Type: Residential Income
Area: Mid Los Angeles
Source Neighborhood: Mid Los Angeles
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Owner Pays: Gardener
Parcel Number: 5054-025-017
Postal Code Plus 4: 1627
Property Location: City
Zoning: LARD2
Management Company: LOA Management
Source System Name: C2C
Historical
Source Listing Status: Active
County: Los Angeles
Cross Street: Vermont Ave/Adams
Cap Rate: 3.4
Directions: West of Vermont, Just North of Adams, about 1 mile West of USC
Source Property Type: Residential Income
Area: Mid Los Angeles
Source Neighborhood: Mid Los Angeles
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Owner Pays: Gardener
Parcel Number: 5054-025-017
Postal Code Plus 4: 1627
Property Location: City
Zoning: LARD2
Management Company: LOA Management
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $218,000 + $326,000 $544,000 | $6,892 |
| 2021 | $218,000 + $326,000 $544,000 | $6,907 |
| 2020 | $169,000 + $254,000 $423,000 | $5,585 |
| 2019 | $400,000 + $600,000 $1,000,000 | $12,251 |
| 2018 | $170,868 + $399,513 $570,381 | $7,239 |
| 2017 | $164,234 + $384,000 $548,234 | $6,968 |
| 2016 | $164,470 + $383,764 $548,234 | $6,956 |
| 2015 | $213,200 + $319,801 $533,001 | $6,725 |
| 2014 | $209,024 + $313,537 $522,561 | $6,771 |
| 2013 | $208,080 + $312,120 $520,200 | $6,765 |
| 2012 | $204,000 + $306,000 $510,000 | $6,855 |
| 2010 | $200,000 + $300,000 $500,000 | $9,821 |
| 2009 | $308,492 + $432,972 $741,464 | $9,527 |
| 2009 | $307,760 + $431,945 $739,705 | $9,527 |
| 2008 | $302,444 + $424,483 $726,927 | $9,031 |
| 2007 | $296,514 + $416,160 $712,674 | $8,725 |
Listed for rent 2024-08-14
$3,500
TheMLSCLAW
Listed 2024-07-02
$1,950,000
TheMLSCLAW
Listing removed 2024-01-14
$0
RentalSource
Listed for rent 2023-11-29
$900
RentalSource
Listing removed 2023-11-12
$0
RentalSource
Price Changed for rent 2023-09-27
$900
RentalSource
Listed for rent 2023-08-18
$1,090
RentalSource
Listing removed 2022-06-30
$0
AppfolioUnits
Listed for rent 2022-06-24
$1,000
AppfolioUnits
Listing removed 2022-06-21
$0
AppfolioUnits
Listed for rent 2022-06-18
$1,000
AppfolioUnits
Listing removed 2018-09-10
$8,000
Zumper
Listed for rent 2018-09-06
$8,000
Zumper
Listing removed 2015-02-12
$515,000
CRMLS
Sold 2015-02-11
$540,000
Public Record
Listed 2014-11-25
$515,000
CRMLS
Listing removed 2012-12-06
$519,900
ITECH
Listing removed 2012-12-04
$519,900
TheMLSCLAW
Listed 2012-11-14
$519,900
ITECH
Listed 2012-11-14
$519,900
TheMLSCLAW
Listing removed 2010-10-07
$579,000
ITECH
Listing removed 2010-08-14
$579,000
TheMLSCLAW
Relisted 2010-08-09
$579,000
TheMLSCLAW
Listing removed 2010-08-07
$579,000
TheMLSCLAW
Relisted 2010-08-04
$579,000
TheMLSCLAW
Listing removed 2010-07-27
$579,000
TheMLSCLAW
Relisted 2010-07-12
$579,000
TheMLSCLAW
Listing removed 2010-07-10
$579,000
TheMLSCLAW
Listing removed 2010-02-10
$579,000
SoCalMLS
Price Changed 2010-02-09
$579,000
SoCalMLS
Listing removed 2010-01-27
$579,000
TheMLSCLAW
Price Changed 2010-01-20
$599,000
TheMLSCLAW
Price Changed 2010-01-19
$599,000
SoCalMLS
Price Changed 2010-01-17
$619,000
SoCalMLS
Price Changed 2010-01-13
$619,000
TheMLSCLAW
Listed 2010-01-10
$689,000
TheMLSCLAW
Listed 2010-01-07
$579,000
ITECH
Listed 2010-01-07
$579,000
TheMLSCLAW
Listed 2010-01-07
$689,000
SoCalMLS
Listing removed 2006-06-02
$800,000
ITECH
Listed 2006-01-09
$800,000
ITECH
Sold 2004-10-19
$685,000
ITECH
Listed 2004-09-02
$699,900
ITECH
Listing removed 2001-06-27
$205,000
ITECH
Listing removed 2001-06-21
$205,000
ITECH
Sold 2001-06-07
$199,900
ITECH
Listing removed 2001-04-21
$205,000
ITECH
Listed 2001-02-27
$205,000
ITECH
Listed 2001-02-26
$205,000
ITECH
Listed 2001-02-20
$205,000
ITECH
Listed 2001-02-20
$205,000
ITECH
Sold 1999-11-16
$160,000
Public Record
$3,500
TheMLSCLAW
Listed 2024-07-02
$1,950,000
TheMLSCLAW
Listing removed 2024-01-14
$0
RentalSource
Listed for rent 2023-11-29
$900
RentalSource
Listing removed 2023-11-12
$0
RentalSource
Price Changed for rent 2023-09-27
$900
RentalSource
Listed for rent 2023-08-18
$1,090
RentalSource
Listing removed 2022-06-30
$0
AppfolioUnits
Listed for rent 2022-06-24
$1,000
AppfolioUnits
Listing removed 2022-06-21
$0
AppfolioUnits
Listed for rent 2022-06-18
$1,000
AppfolioUnits
Listing removed 2018-09-10
$8,000
Zumper
Listed for rent 2018-09-06
$8,000
Zumper
Listing removed 2015-02-12
$515,000
CRMLS
Sold 2015-02-11
$540,000
Public Record
Listed 2014-11-25
$515,000
CRMLS
Listing removed 2012-12-06
$519,900
ITECH
Listing removed 2012-12-04
$519,900
TheMLSCLAW
Listed 2012-11-14
$519,900
ITECH
Listed 2012-11-14
$519,900
TheMLSCLAW
Listing removed 2010-10-07
$579,000
ITECH
Listing removed 2010-08-14
$579,000
TheMLSCLAW
Relisted 2010-08-09
$579,000
TheMLSCLAW
Listing removed 2010-08-07
$579,000
TheMLSCLAW
Relisted 2010-08-04
$579,000
TheMLSCLAW
Listing removed 2010-07-27
$579,000
TheMLSCLAW
Relisted 2010-07-12
$579,000
TheMLSCLAW
Listing removed 2010-07-10
$579,000
TheMLSCLAW
Listing removed 2010-02-10
$579,000
SoCalMLS
Price Changed 2010-02-09
$579,000
SoCalMLS
Listing removed 2010-01-27
$579,000
TheMLSCLAW
Price Changed 2010-01-20
$599,000
TheMLSCLAW
Price Changed 2010-01-19
$599,000
SoCalMLS
Price Changed 2010-01-17
$619,000
SoCalMLS
Price Changed 2010-01-13
$619,000
TheMLSCLAW
Listed 2010-01-10
$689,000
TheMLSCLAW
Listed 2010-01-07
$579,000
ITECH
Listed 2010-01-07
$579,000
TheMLSCLAW
Listed 2010-01-07
$689,000
SoCalMLS
Listing removed 2006-06-02
$800,000
ITECH
Listed 2006-01-09
$800,000
ITECH
Sold 2004-10-19
$685,000
ITECH
Listed 2004-09-02
$699,900
ITECH
Listing removed 2001-06-27
$205,000
ITECH
Listing removed 2001-06-21
$205,000
ITECH
Sold 2001-06-07
$199,900
ITECH
Listing removed 2001-04-21
$205,000
ITECH
Listed 2001-02-27
$205,000
ITECH
Listed 2001-02-26
$205,000
ITECH
Listed 2001-02-20
$205,000
ITECH
Listed 2001-02-20
$205,000
ITECH
Sold 1999-11-16
$160,000
Public Record
Net Operating Income: 67480
Total Square Feet Living: 4320
Year Built: 1913
Building Exterior Type: Redwood Siding, Wood
Common Walls: Attached
Direction Faces: South
Foundation Details: Raised
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 111
Property Condition: Updated/Remodeled
Roof: Shingle
Levels or Stories: 2
Building Total Stories: 2
House Style: Craftsman
Year Built Source: Vendor Enhanced
Architectural Style: Craftsman
Year Built: 1913
Building Exterior Type: Redwood Siding, Wood
Common Walls: Attached
Direction Faces: South
Foundation Details: Raised
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 111
Property Condition: Updated/Remodeled
Roof: Shingle
Levels or Stories: 2
Building Total Stories: 2
House Style: Craftsman
Year Built Source: Vendor Enhanced
Architectural Style: Craftsman
Sewer: In Street
Other Equipment: Microwave, Refrigerator, Range/Oven, Washer, Dryer, Ceiling Fan, Hood Fan, Gas Dryer Hookup, Garbage Disposal, Vented Exhaust Fan, Stackable W/D Hookup
Security Features: Carbon Monoxide Detector(s), Smoke Detector, Card/Code Access
Security Features: Carbon Monoxide Detector(s), Smoke Detector, Card/Code Access
Vermont Avenue Elementary School is a public elementary school located approximately 0.3 miles away.
Map directions
Map directionsWest Adams Preparatory High School is a public high school located approximately 0.4 miles away.
Map directions
Map directionsFoshay Learning Center is a public elementary, middle and high school located approximately 1.3 miles away.
Map directions
Map directionsSt. Agnes Parish School is a private elementary and middle school located approximately 0.2 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.