$5,475,000 Price Analysis   ♡   Los Angeles, CA 90036 16 bed 17 bath 12,976 SqFt ($421/SqFt) 7,419SqFt lot. Built 1989 Listed 2024-03-07, Taxes $24,124 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Price Reduction!!!
Manhattan Living in Los Angeles!! A once in a life time opportunity to acquire a four story building with a top 2 story Penthouse over 4000 sq ft with 360 Ariel views of all of Los Angeles. The Penthouse will be delivered vacant. Built in 1989, this apartment complex features six 2 bedroom 2 bathroom units, all with washer and dryer units.
Units are not subject to Los Angeles rent control and 5 out 6 units are due for immediate increases. Located in the desirable Miracle Mile /Hancock Park rental market area Near the Grove, Pan Pacific Park, Beverly Center, Cedar Sinai and Melrose shopping. Underground parking ample for 2 cars per unit. Being sold by original developer. There is n Property like this o ne. Shown with accepted offer only. Please do not disturb tenants.
Presented by Joshua Tomaszewski at
JRM Properties.
Property MLS #24-365621 from TheMLSCLAW
Full Bathrooms: 17
Gas/Electric Range
Laundry Facilities: In Unit, Inside
Laundry Features: In Unit, Inside
Heating Features: Central
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 7419
Garage Description: Assigned
Parking Total: 14
Calculated Total Monthly Association Fees: 0
Number of Units: 7
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 2, 1 SquareFeet: 3600, 2 BedsTotal: 4, 2 BathsTotal: 5, 2 SquareFeet: 10000
County: Los Angeles
Cap Rate: 4.12
Directions: North of 3rd st. West Of La Brea
Source Property Type: Residential Income
Area: Beverly Center-Miracle Mile
Source Neighborhood: Beverly Center-Miracle Mile
Owner Pays: Water
Parcel Number: 5512-019-020
Postal Code Plus 4: 2866
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $1,856,794 + $78,985 $1,935,779 | $24,124 |
| 2021 | $1,820,387 + $77,437 $1,897,824 | $23,764 |
| 2020 | $1,801,722 + $76,643 $1,878,365 | $23,988 |
| 2019 | $1,766,395 + $75,141 $1,841,536 | $22,728 |
| 2018 | $1,731,760 + $73,668 $1,805,428 | $22,553 |
| 2017 | $1,697,804 + $72,224 $1,770,028 | $22,077 |
| 2016 | $1,664,514 + $70,808 $1,735,322 | $21,448 |
| 2015 | $1,639,512 + $69,745 $1,709,257 | $21,140 |
| 2014 | $1,607,397 + $68,379 $1,675,776 | $21,240 |
| 2013 | $1,600,133 + $68,070 $1,668,203 | $21,235 |
| 2012 | $1,568,758 + $66,736 $1,635,494 | $21,521 |
| 2010 | $1,537,999 + $65,428 $1,603,427 | $21,298 |
| 2009 | $1,530,132 + $65,095 $1,595,227 | $20,519 |
| 2009 | $1,526,505 + $64,940 $1,591,445 | $20,519 |
| 2008 | $1,500,130 + $63,819 $1,563,949 | $19,661 |
| 2007 | $1,470,716 + $62,568 $1,533,284 | $18,977 |
$5,475,000
TheMLSCLAW
Listed 2024-03-07
$5,950,000
TheMLSCLAW
Listing removed 2019-06-01
$0
TheMLSCLAW
Listed for rent 2019-05-22
$2,995
TheMLSCLAW
Listing removed 2016-10-20
$2,850
TheMLSCLAW
Price Changed for rent 2016-09-09
$2,850
TheMLSCLAW
Listed for rent 2016-08-09
$2,900
TheMLSCLAW
Listing removed 2014-05-02
$2,400
WestsideRentals
Listing removed 2014-04-28
$2,400
RadPad
Listing removed 2014-04-11
$2,400
WestsideRentals
Listed for rent 2014-03-21
$2,400
WestsideRentals
Listing removed 2014-03-20
$2,400
WestsideRentals
Listing removed 2014-03-19
$2,400
RadPad
Price Changed for rent 2014-01-24
$2,400
WestsideRentals
Listed for rent 2014-01-19
$2,400
WestsideRentals
Price Changed for rent 2013-12-17
$2,475
WestsideRentals
Listed for rent 2013-12-11
$2,450
WestsideRentals
Listing removed 2013-12-10
$2,450
WestsideRentals
Listed for rent 2013-11-19
$2,400
RadPad
Listed for rent 2013-08-15
$2,400
RadPad
Listing removed 2008-04-21
$2,300
ITECH
Listed for rent 2008-03-29
$2,300
ITECH
Sold 1973-10-29
$69,000
Public Record
Year Built: 1989
Direction Faces: East
Levels: Three Or More Levels
Living Area Source: Vendor Enhanced
Property Age: 35
Roof: Common Roof
Levels or Stories: 3
Building Total Stories: 3
Year Built Source: Vendor Enhanced
Security Features: Fire and Smoke Detection System
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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.