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$1,150,000   Price Analysis
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1004 N Hicks Ave
Los Angeles, CA 90063
20 bed 10 bath 5,168 SqFt ($222/SqFt)
7,249SqFt lot. Built 1929
Listed 2023-07-09, Taxes $6,956
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Reduced!!!

Motivated Seller!!! Quadroplex located in an upcoming area of East Los Angeles, close to shopping, schools and public t ransportation, newer windows, large lot with unlimited possibilities for the savvy buyer or investor. don't let the opportunity to own residential income property in Los Angeles at a tremendous price point, maintenance has not been deferred and the property has been n the same family for over thirty years. Come with all offers and lets get this into escrow ASAP!

You will be glad you did. This property is located in an unincorporated area and is not part of LAcity rent control.


Presented by Ricky Washington at
ReMax Estate Properties.
Listing Agent Photo

Property MLS #DW23122567 from CRMLS

Bedrooms: 20

All Bedrooms Down

Laundry Features: Gas Dryer Hookup, Individual Room

Cooling Features: Wall/Window Unit(s)
Heating Features: Wall Furnace
Heating: Yes

Full Bathrooms: 10

Window Features: Double Pane Windows

Fencing: Fence YN: Yes, Fencing: Wrought Iron
Road Frontage Type: City Street
Road Surface Type: Paved

Lot Description: 0-1 Unit/Acre, Front Yard
Lot Size Acres: 0.1664141
Lot Size Source: Assessor
Lot Size Square Feet: 7249

Garage Spaces: 4
Parking Features: Parking YN: Yes, Parking Features: Garage, Garage - Single Door
Parking Total: 4

Number of Units: 4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
Unit-4 Garage Spaces: 1

Calculated Total Monthly Association Fees: 0

Tenant Pays: Cable TV, Electricity, Gas
Rent Control: Yes

Community Features: Curbs

Annual Tax Amount: 6957.00
Source Listing Status: Active
County: Los Angeles
Cap Rate: 4.60
Tax Year: 2022
Source Property Type: Residential Income
Green Water Conservation: Flow Control
Insurance Expense: 2100.00
Area: BOYH - Boyle Heights
Source Neighborhood: BOYH - Boyle Heights
New Taxes Expense: 16575.00
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 1
Parcel Number: 5231011005
Pest Control Expense: 600.00
Postal Code Plus 4: 2730
Trash Expense: 1200.00
Walk Score: 72
Zoning: LCR3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$258,296 + $155,851
$414,147
$6,956
2021$253,232 + $152,796
$406,028
$6,852
2020$250,636 + $151,230
$401,866
$6,888
2019$245,722 + $148,265
$393,987
$6,675
2018$240,904 + $145,358
$386,262
$6,506
2017$236,181 + $142,508
$378,689
$6,396
2016$231,550 + $139,714
$371,264
$6,213
2015$228,072 + $137,616
$365,688
$6,129
2014$223,605 + $134,921
$358,526
$6,141
2013$222,595 + $134,312
$356,907
$6,107
2012$218,231 + $131,679
$349,910
$6,125
2010$213,952 + $129,098
$343,050
$5,975
2009$212,858 + $128,439
$341,297
$5,760
2009$212,353 + $128,134
$340,487
$5,760
2008$208,685 + $125,921
$334,606
$5,548
2007$204,594 + $123,452
$328,046
$5,341

Price Changed 2023-11-06
$1,150,000
CRMLS
Price Changed 2023-09-03
$1,275,000
CRMLS
Listed 2023-07-09
$1,450,000
CRMLS
Listing removed 2016-07-02
$899,000
CRMLS
Listed 2016-02-12
$899,000
CRMLS
Sold 1986-04-25
$135,000
Public Record

Net Operating Income: 52917.00

Total Square Feet Living: 5168
Year Built: 1929
Building Features: 1
Common Walls: No Common Walls
Construction Materials: Stucco
Entry Level: 2
Entry Location: Front
Property Age: 95
Roof: Composition
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Assessor

Sewer: Sewer: Public Sewer, Water Sewer Expense: 2400.00
Electricity Connected
Natural Gas Available
Phone Connected
Sewer Connected
Water Source: Public

Green Energy Efficient: Windows

Harrison Street Elementary School is a public elementary school located approximately 0.4 miles away.
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Belvedere Middle School is a public middle school located approximately 0.8 miles away.
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Hilda L. Solis Learning Academy School Of Technology, Business And Education is a public high school located approximately 1.2 miles away.
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Assumption Elementary School is a private elementary and middle school located approximately 0.4 miles away.
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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.