$4,998,000 Price Analysis   ♡   Los Angeles, CA 90043 23 bed 21 bath 12,040 SqFt ($415/SqFt) 0.38 acre lot. Built 1962 Listed 2024-07-17, Taxes $36,335 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
This 21-unit investmnt opportunity is located in booming Hyde Park
A rapidly gentrifying area due to its vital intra-sector development and its proximity to Leimert Park's dynamic arts district and to Inglewood's thriving business community. The property is zoned R3 and sits on a large 16, 755 square foot lot. The unit-mix consists of 3 two-bedrooms, 17 one-bedrooms and 1 studio. There are 17 secure par king spaces. All units are individually metered for gas and electricity. The property is within 500 feet of the new Hyde Park/Crenshaw metro line. The structure is seismic-retrofit compliant. The property has a 15% rental upside!
Sale is not subject to a 1031 exchange.
Presented by Albert Morell at
Keller Williams Beverly Hills.
Property MLS #24-416421 from TheMLSCLAW
Full Bathrooms: 21
Laundry Facilities: Laundry Area
Laundry Features: Laundry Area
Lot Size Dimensions: 119x140
Lot Size Source: Assessor
Lot Size Square Feet: 16760
Parking Total: 17
Calculated Total Monthly Association Fees: 0
Number of Units: 21
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 1, 1 SquareFeet: 79200, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 397800, 3 BathsTotal: 1, 3 SquareFeet: 21000
County: Los Angeles
Cap Rate: 5.4
Directions: Slauson Ave. & Crenshaw Blvd.
Source Property Type: Residential Income
Area: Park Hills Heights
Source Neighborhood: Park Hills Heights
Owner Pays: Water
Parcel Number: 4006-002-007
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $710,869 + $2,214,633 $2,925,502 | $36,335 |
| 2021 | $696,931 + $2,171,209 $2,868,140 | $35,850 |
| 2020 | $689,785 + $2,148,946 $2,838,731 | $36,200 |
| 2019 | $676,260 + $2,106,810 $2,783,070 | $34,814 |
| 2018 | $663,000 + $2,065,500 $2,728,500 | $34,493 |
| 2017 | $621,333 + $1,449,777 $2,071,110 | $26,515 |
| 2016 | $609,150 + $1,421,350 $2,030,500 | $25,826 |
| 2015 | $579,902 + $1,356,976 $1,936,878 | $24,713 |
| 2014 | $568,543 + $1,330,395 $1,898,938 | $24,925 |
| 2013 | $565,974 + $1,324,383 $1,890,357 | $24,920 |
| 2012 | $554,877 + $1,298,415 $1,853,292 | $25,246 |
| 2010 | $543,998 + $1,272,956 $1,816,954 | $24,960 |
| 2009 | $541,216 + $1,266,445 $1,807,661 | $24,082 |
| 2009 | $539,933 + $1,263,443 $1,803,376 | $24,082 |
| 2008 | $530,604 + $1,241,613 $1,772,217 | $23,108 |
| 2007 | $520,200 + $1,217,268 $1,737,468 | $22,351 |
$4,998,000
TheMLSCLAW
Sold 2022-09-16
$4,725,000
CRMLS
Sold 2017-06-15
$2,675,000
Public Record
Sold 2015-01-16
$2,000,000
Public Record
Listing removed 2015-01-16
$2,000,000
TheMLSCLAW
Listed 2014-10-28
$2,000,000
TheMLSCLAW
Listing removed 2008-03-01
$1,900,000
ITECH
Listed 2005-07-26
$1,900,000
ITECH
Sold 2005-05-23
$1,670,000
ITECH
Listing removed 2005-03-16
$1,575,000
ITECH
Listed 2005-02-23
$1,675,000
ITECH
Listed 2004-09-15
$1,575,000
ITECH
Sold 2004-08-18
$1,330,000
ITECH
Listed 2004-05-20
$1,325,000
ITECH
Sold 1996-04-19
$315,000
Public Record
Sold 1988-08-19
$630,000
Public Record
Year Built: 1962
Building Exterior Type: Hard Coat Stucco
Levels: Two Level
Living Area Source: Assessor
Property Age: 62
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Assessor
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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.