$9500000 Price Analysis 2041 N Vermont AveLos Angeles, CA 90027 7 bed 31 bath 22582 SqFt ($420/SqFt) 8991SqFt lot. Built 1928 Listed 2022-08-22, Taxes $34760 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Architectural details. Located along Vermont, below the hills of Los Feliz, the Griffith Observatory and blocks from Los Feliz Village- this location couldn't be better. The property features 32 units, consisting of 8 charming (1 bed room, view units with French windows) including a non-conforming, owner's unit with a fireplace and 24 charming studios (separate kitchens, dining areas and walk-in closets, which gives them more of a vast feel). Each unit has charming details offering arched doors and doorways and beamed ceilings. The total building size is 22, 582 square feet per assessor. Los Feliz is a vibrant and exciting place to live with excellent cafes, restaurants, nightlife, world famous architecture and lots of hiking for outdoor enthusiasts. Centrally located close to Silver Lake, Hollywood and Downtown LA. Owning this incredible piece of history would be a once in a lifetime opportunity!
Seller will consider a partial trade. Almost always 100% occupied, the owner has indicated that there is consistently a waiting-list to get into the building. Vacancies have historically been filled through word-of-mouth . The views, character and charm of the units, elevator, large laundry room and the current owner's maintenance record, make ths a most attractive building for tenants. Anticipated upside of the rents is approximately 35-40% of current rents.
Presented by Lane Aronson at
Berkshire Hathaway HomeServices.
Property MLS #22-191539 from TheMLSCLAW
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $1138814 + $1607742 $2746556 | $34760 |
2021 | $1116485 + $1576218 $2692703 | $34223 |
2020 | $1105037 + $1560056 $2665093 | $34541 |
2019 | $1083370 + $1529467 $2612837 | $33240 |
2018 | $1062128 + $1499478 $2561606 | $33138 |
2017 | $1041302 + $1470077 $2511379 | $32405 |
2016 | $1020885 + $1441252 $2462137 | $31450 |
2015 | $1005551 + $1419604 $2425155 | $31013 |
2014 | $985854 + $1391796 $2377650 | $31304 |
2013 | $981399 + $1385506 $2366905 | $31263 |
2012 | $962156 + $1358340 $2320496 | $31724 |
2010 | $943291 + $1331706 $2274997 | $31153 |
2009 | $938467 + $1324895 $2263362 | $30039 |
2009 | $936242 + $1321754 $2257996 | $30039 |
2008 | $920066 + $1298917 $2218983 | $28819 |
2007 | $902026 + $1273449 $2175475 | $27818 |
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.