$2,649,000 Price Analysis   ♡   Los Angeles, CA 90006 16 bed 16 bath 5,935 SqFt ($446/SqFt) 6,549SqFt lot. Built 2024 Listed 2024-05-15, Taxes $8,593 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
1731 S Pristine Hampshire is a 2024 construction
3/4ths rented fourplex located minutes from the USC campus and Exposition Park! This is one of the best priced BRAND PRISTINE CONSTRUCTION FOURPLEXES IN ALL OF LA. With a stabilized 5.29% cap rate, this one of a kind opportunity will not last long. The property is made up of ALL enormous 4 bed units (2x 4b/4.5b, 2x 4b/3b) with large open floor plans and a trendy modern design and upgraded finishes. Thanks to its close proximity to the USC campus, this will be an extremely easy to manage, high cash flow property for years to come! Once fully leased we project $15, 600 in monthly gross rent! With tons of balconies, ideal parking (8 spaces accessed by a convenient back alley), luxury finishes and large floorplans, these units will be the #1 choice for high paying USC students, recent graduates and more! Every box is checked! 1731 S Nw Hampshire is situated minutes from Exposition Park, a 160-acre urban park that houses the California Science Center, the BMO Stadium, the Los Angeles Memorial Coliseum, EXPO Center, the California African American Museum, the Natural History Museum, the Rose Garden and the Dr.
Theodore T. Alexander Jr. Science Center Charter School. Plus, its minutes from the countless local hotspots and conveniences in the area, including the USC Village, DTLA Arts District and major employment hubs. Thanks to the excellent location, this will be an extremely easy to manage, high cash flow property. Enjoy separate meters for all utilities and a 1-year builders warranty!
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Property MLS #BB24096687 from CRMLS
Flooring: Vinyl
Appliances YN: Yes
Laundry Features: Dryer Included, Gas Dryer Hookup, Washer Hookup, Washer Included
Heating Features: Central
Heating: Yes
Parking Features: Parking YN: Yes, Parking Features: Assigned, Attached Carport
Parking Total: 8
Lot Size Acres: 0.1503444
Lot Size Source: Assessor
Lot Size Square Feet: 6549
Green Energy Generation: Solar
Bedrooms in Unit-1: 4
Bedrooms in Unit-2: 4
Bedrooms in Unit-3: 4
Bedrooms in Unit-4: 4
Total Bathrooms in Unit-1: 5
Total Bathrooms in Unit-2: 5
Total Bathrooms in Unit-3: 3
Total Bathrooms in Unit-4: 3
Maintenance Expense: 2000.00
Tenant Pays: All Utilities
Rent Control: Yes
Source Listing Status: Active
County: Los Angeles
Cap Rate: 5.29
Source Property Type: Residential Income
Insurance Expense: 3561.00
Area: C16 - Mid Los Angeles
Source Neighborhood: C16 - Mid Los Angeles
New Taxes Expense: 31772.00
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 5
Parcel Number: 5075019004
Postal Code Plus 4: 4515
Zoning: LARD1.5
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $225,000 + $480,000 $705,000 | $8,593 |
| 2021 | $81,667 + $147,020 $228,687 | $3,052 |
| 2020 | $80,830 + $145,513 $226,343 | $3,079 |
| 2019 | $79,246 + $142,660 $221,906 | $2,968 |
| 2018 | $77,693 + $139,863 $217,556 | $2,818 |
| 2017 | $76,170 + $137,121 $213,291 | $2,761 |
| 2016 | $74,677 + $134,433 $209,110 | $2,691 |
| 2015 | $73,556 + $132,414 $205,970 | $2,653 |
| 2014 | $72,116 + $129,821 $201,937 | $2,678 |
| 2013 | $71,791 + $129,235 $201,026 | $2,672 |
| 2012 | $70,384 + $126,701 $197,085 | $2,706 |
| 2010 | $69,004 + $124,217 $193,221 | $2,660 |
| 2009 | $68,652 + $123,582 $192,234 | $2,561 |
| 2009 | $68,489 + $123,289 $191,778 | $2,561 |
| 2008 | $67,306 + $121,159 $188,465 | $2,457 |
| 2007 | $65,987 + $118,784 $184,771 | $2,378 |
$2,649,000
CRMLS
Listed 2024-05-15
$2,695,000
CRMLS
Listing removed 2024-04-02
$3,482
TheMLSCLAW
Price Changed for rent 2024-02-20
$3,482
TheMLSCLAW
Listing removed 2024-02-20
$3,795
TheMLSCLAW
Price Changed for rent 2024-02-02
$3,795
TheMLSCLAW
Price Changed for rent 2024-02-02
$3,795
TheMLSCLAW
Price Changed for rent 2024-01-27
$3,753
TheMLSCLAW
Price Changed for rent 2024-01-27
$3,753
TheMLSCLAW
Listing removed 2023-12-10
$0
TheMLSCLAW
Listed for rent 2023-12-09
$3,850
TheMLSCLAW
Price Changed for rent 2023-12-09
$3,850
TheMLSCLAW
Listed for rent 2023-12-08
$4,200
TheMLSCLAW
Listed for rent 2023-11-22
$15,000
TheMLSCLAW
Listing removed 2023-11-15
$20,000
TheMLSCLAW
Listed for rent 2023-11-03
$20,000
TheMLSCLAW
Sold 2021-09-16
$705,000
CRMLS
Year Built: 2024
Building Features: 2
Common Walls: No Common Walls
Direction Faces: East
Entry Level: 1
Entry Location: front
New Construction: Yes
Property Condition: Turnkey
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex
House Style: Modern
Year Built Source: Assessor
Electric Expense: 500.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 500.00
Water Source: Public
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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.