$1,395,000 Price Analysis   ♡   Los Angeles, CA 90063 6 bed 4 bath 2,240 SqFt ($622/SqFt) 6,346SqFt lot. Built 1925 Listed 2024-05-24, Taxes $7,657 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Amazing Trophy Rental Property Opportunity with Commanding DTLA VIEWS and Stellar Income Producing Units at an Impressive 6% Cap Rate!
Step inside this Remdeled Gated Electronically Controlled Multi-Unit Property with Breathtaking UNOBSTRUCTED Downtown Los Angeles City Views!! This Amazing Property Boasts a Detached Front House consisting of 3 Bedrooms, 2 Recently Updated Full Baths, Located on a Spacious Parcel/Compound that includes an Outdoor BBQ/Patio Area and a Separate Detached Updated Multi-Unit Dwelling for a Total of 3 Units! Embrace yourself and enjoy the Stunning Viewing Deck Entrance with Access to the Property's French Doors Leading into a Living Room/Dining Room/Chef's Kitchen Open Floor Plan that Enjoys the Dynamic Los Angeles Downtown Views! The Chef's Kitchen includes incredible Line of Sight with an Attractive Breakfast Bar and Stainless-Steel Appliances. Additional Notable Features include: Quartz Counter-tops, Remodeled Bathrooms, Newly Installed Floors, Washer/Dryer, Newly Installed Windows, Tankless Water Heater and Newly installed A/C/Heat!
Also a Private Remote-Controlled Garage! The Private Detached Back House Duplex Dwelling Consists of a 2 Bedroom, 1 Bath House with a 1 Bedroom, 1 Bath lower unit. These units have been recently Remodeled with Newly Installed A/C/Heat, Newer Flooring, Newer Windows, Newly Designed Bath Areas and Spacious Bedrooms! The Sunny and Bright Culinary Kitchens with Breakfast Eating Areas have Newly Installed Cabinetry, Stainless Steel Sinks, Granite Countertops, Newly Installed Appliances, Newly Installed Tankless Water Heaters, Washer and Dryer, Spacious Closets and Newly Installed Custom Fan/Light Fixtures. There is also conven ient Access from the Chef's Kitchen to the Outside Patio Area that is Bamboo Wrapped and Designed for your Privacy Al-Fresco! Incredible Turn-Key Asset, Perfect for Owner-User Investor and/or Investor Exchange Opportunity!
Presented by Tim Lesser at
Keller Williams Realty Beach Cities.
Property MLS #SB24103784 from CRMLS
Lot Size Acres: 0.1456841
Lot Size Source: Assessor
Lot Size Square Feet: 6346
Parking Features: Parking YN: Yes, Parking Features: Auto Driveway Gate
Parking Total: 1
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 1
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Unit-2 Garage Spaces: 1
Rent Control: Yes
County: Los Angeles
Source Property Type: Residential Income
Area: 699 - Not Defined
Source Neighborhood: 699 - Not Defined
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 2
Parcel Number: 5225009017
Postal Code Plus 4: 1025
Zoning: LCR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $242,993 + $288,966 $531,959 | $7,657 |
| 2021 | $238,229 + $283,300 $521,529 | $7,568 |
| 2020 | $235,787 + $280,396 $516,183 | $7,619 |
| 2019 | $231,164 + $274,899 $506,063 | $7,352 |
| 2018 | $226,632 + $269,509 $496,141 | $7,226 |
| 2017 | $222,189 + $264,225 $486,414 | $7,092 |
| 2016 | $217,833 + $259,045 $476,878 | $6,931 |
| 2015 | $214,561 + $255,154 $469,715 | $6,830 |
| 2014 | $210,359 + $250,156 $460,515 | $6,835 |
| 2013 | $209,409 + $249,026 $458,435 | $6,807 |
| 2012 | $205,303 + $244,144 $449,447 | $6,838 |
| 2010 | $201,278 + $239,357 $440,635 | $6,586 |
| 2009 | $200,249 + $238,134 $438,383 | $6,344 |
| 2009 | $199,774 + $237,569 $437,343 | $6,344 |
| 2008 | $196,323 + $233,465 $429,788 | $6,094 |
| 2007 | $192,474 + $228,888 $421,362 | $5,885 |
$1,395,000
CRMLS
Sold 2022-11-18
$1,055,000
CRMLS
Sold 2022-07-21
$750,000
CRMLS
Sold 2003-02-04
$269,000
Public Record
Sold 2002-09-16
$160,000
Public Record
Year Built: 1925
Building Features: 2
Common Walls: No Common Walls
Entry Level: 1
Entry Location: Front
Property Age: 99
Building Total Stories: 2
Structure Type: Triplex
Year Built Source: Assessor
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.