$1,590,000 Price Analysis   ♡   Los Angeles, CA 90018 7 bed 6 bath 5,220 SqFt ($304/SqFt) 7,508SqFt lot. Built 1918 Listed 2024-05-01, Taxes $14,857 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
MAJOR PRICE REDUCTION!
Excellent chance to own a multi-unit income property. There are two separate buildings: the front building has four one-bedroom units, each 900 sq. ft. and the rear building has a 3-bedroom 1800 sq. ft. unit. This 5-unit property has been well-maintained with many recent upgrades, including inside units, a succulent garden, security cameras and a ring doorbell; all windows have new flashng and much more (list in Docs).
Tenants occupy all units. Washer and dryer hookups and water heaters in each unit. It is gated and fenced, with five garages and a long driveway for ample parking. Easy freeway access. DO NOT DISTURB TENANTS OR WALK ON PROPERTY - DRIVE BY ONLY.
Presented by Annie Challis at
Coldwell Banker Realty.
Property MLS #24-384523 from TheMLSCLAW
Full Bathrooms: 6
Laundry Features: In Unit
Lot Size Dimensions: 50x150
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 7508
Parking Total: 8
Calculated Total Monthly Association Fees: 0
Number of Units: 5
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 2180, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 2180, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 2180, 4 BedsTotal: 1, 4 BathsTotal: 1, 4 SquareFeet: 2137, 5 BedsTotal: 3, 5 BathsTotal: 2, 5 SquareFeet: 3115
County: Los Angeles
Cap Rate: 5.29
Directions: Between Arlington and Crenshaw, south of Washington, north of 10 freeway
Source Property Type: Residential Income
Area: Mid Los Angeles
Source Neighborhood: Mid Los Angeles
Parcel Number: 5060-024-020
Postal Code Plus 4: 1180
Zoning: LARD2
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $321,660 + $857,760 $1,179,420 | $14,857 |
| 2021 | $315,353 + $840,942 $1,156,295 | $14,657 |
| 2020 | $312,120 + $832,320 $1,144,440 | $14,797 |
| 2019 | $306,000 + $816,000 $1,122,000 | $14,238 |
| 2018 | $300,000 + $800,000 $1,100,000 | $14,071 |
| 2017 | $215,833 + $503,610 $719,443 | $9,452 |
| 2016 | $211,601 + $493,736 $705,337 | $9,197 |
| 2015 | $139,915 + $158,668 $298,583 | $4,349 |
| 2014 | $137,175 + $155,560 $292,735 | $4,398 |
| 2013 | $136,556 + $154,857 $291,413 | $4,382 |
| 2012 | $133,879 + $151,821 $285,700 | $4,140 |
| 2010 | $131,254 + $148,845 $280,099 | $4,314 |
| 2009 | $130,584 + $148,084 $278,668 | $4,164 |
| 2009 | $130,274 + $147,733 $278,007 | $4,164 |
| 2008 | $128,024 + $145,181 $273,205 | $4,014 |
| 2007 | $125,514 + $142,335 $267,849 | $3,876 |
$1,590,000
TheMLSCLAW
Listed 2024-05-01
$1,650,000
TheMLSCLAW
Sold 2017-07-28
$1,100,000
TheMLSCLAW
Listed 2017-03-20
$1,130,000
TheMLSCLAW
Listing removed 2017-03-04
$1,250,000
TheMLSCLAW
Listed 2017-01-01
$1,250,000
TheMLSCLAW
Sold 2015-04-24
$700,000
Public Record
Listing removed 2011-12-06
$699,000
SoCalMLS
Price Changed 2011-11-28
$699,000
SoCalMLS
Listed 2011-10-17
$715,000
SoCalMLS
Sold 1991-11-13
$285,000
Public Record
Sold 1986-05-16
$131,000
Public Record
Year Built: 1918
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 106
Levels or Stories: 2
Building Total Stories: 2
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.