$900,000 Price Analysis   ♡   Los Angeles, CA 90044 8 bed 5 bath 3,179 SqFt ($283/SqFt) 5,401SqFt lot. Built 1964 Listed 2024-06-19, Taxes $1,420 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
6628 Denver Ave
* Has Contingent Offer *Is a four unit apartment complex located in the City of Los Angeles. Constructed in 1964 and sitting on a large 5, 401 SF Lot Zond LAR2. Property consists of One unit boasts 3 bedroom + 2 bath ($1, 000) , (2) 2 bed + 1 bath (SECT 8 $2, 200) ($1, 750) (1) 1 bed and 1 bath (NO PAY), totaling 3, 179 SF.
The property line is fully fenced and has one entrance. The property has ample on-site parking with 1 car per unit possibly an additional 2 more. This investment presents a 11.28 GRM and 6.15% Cap Rate on current rents. All units are separately metered for gas and electricity. Tenants are all on month to month leases, subject to LA City rent control. Only 3 tenants are current on rent. Property will be sold as is.
Presented by Evelyn Baez Gonzalez at
Lyon Stahl Investment Re, Inc.
Property MLS #SB24123959 from CRMLS
Lot Size Acres: 0.1239899
Lot Size Source: Public Records
Lot Size Square Feet: 5401
Parking Total: 4
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 1
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Maintenance Expense: 3192.00
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 1590.00
Area: C34 - Los Angeles Southwest
Source Neighborhood: C34 - Los Angeles Southwest
New Taxes Expense: 11250.00
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 4
Parcel Number: 6013018021
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $47,793 + $22,612 $70,405 | $1,420 |
| 2021 | $46,856 + $22,169 $69,025 | $1,379 |
| 2020 | $46,376 + $21,942 $68,318 | $1,382 |
| 2019 | $45,467 + $21,512 $66,979 | $1,266 |
| 2018 | $44,576 + $21,091 $65,667 | $1,164 |
| 2017 | $43,702 + $20,678 $64,380 | $1,147 |
| 2016 | $42,846 + $20,273 $63,119 | $1,083 |
| 2015 | $42,203 + $19,969 $62,172 | $1,072 |
| 2014 | $41,377 + $19,578 $60,955 | $1,106 |
| 2013 | $41,190 + $19,490 $60,680 | $1,100 |
| 2012 | $40,383 + $19,108 $59,491 | $1,114 |
| 2010 | $39,592 + $18,734 $58,326 | $1,119 |
| 2009 | $39,391 + $18,639 $58,030 | $1,077 |
| 2009 | $39,297 + $18,594 $57,891 | $1,077 |
| 2008 | $38,619 + $18,274 $56,893 | $1,046 |
| 2007 | $37,862 + $17,916 $55,778 | $1,003 |
$900,000
CRMLS
Listing removed 2024-06-25
$0
CRMLS
Listed 2024-06-19
$900,000
CRMLS
Year Built: 1964
Building Features: 1
Common Walls: No Common Walls
Entry Level: 1
Entry Location: side
Property Age: 60
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Public Records
Sewer: Sewer: Public Sewer, Water Sewer Expense: 1066.00
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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.