$4,299,000 Price Analysis   ♡   Los Angeles, CA 90016 20 bed 20 bath 13,390 SqFt ($321/SqFt) 0.3 acre lot. Built 1964 Listed 2023-10-20, Taxes $46,178 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
A large
2-building asset with excellent visibility on one of LA's best-known thoroughfares - with 10s of 1, 000s of potential renters driving by daily, vacancies are often filled quickly. And a good branding opportunity for an operator or management company, as well. A secured-entry, garden-style walkup with plenty of carport parking on the side and in the rear - open spots, as well.
Seismic retrofit complete. Your rent roll will get a shot in the arm in early 2024 - 4% scheduled, allwable increase. Part of a 4-Building, 75 unit Portfolio Sale. Available together or separately. The other 3 addresses are as follows:17 units at 1876 Buckingham Rd. 18 units at 1819 Gramercy Pl.20 units at 1554 S. Gramercy Pl.
Presented by Brice Head at
CBRE, Inc.
Property MLS #23-323965 from TheMLSCLAW
Full Bathrooms: 20
Lot Size Source: Assessor
Lot Size Square Feet: 13164
Parking Total: 20
Calculated Total Monthly Association Fees: 0
Number of Units: 20
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 40000
County: Los Angeles
Cap Rate: 4.67
Directions: La Cienega Blvd to Obama Blvd, turn right then to Crenshaw Blvd and turn left.
Source Property Type: Residential Income
Area: Mid Los Angeles
Source Neighborhood: Mid Los Angeles
Parcel Number: 5060-004-018
Postal Code Plus 4: 1839
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $1,476,421 + $2,296,655 $3,773,076 | $46,178 |
| 2021 | $1,447,472 + $2,251,623 $3,699,095 | $45,570 |
| 2020 | $1,432,630 + $2,228,536 $3,661,166 | $46,023 |
| 2019 | $1,404,540 + $2,184,840 $3,589,380 | $44,235 |
| 2018 | $1,377,000 + $2,142,000 $3,519,000 | $43,930 |
| 2017 | $1,350,000 + $2,100,000 $3,450,000 | $42,956 |
| 2016 | $519,338 + $279,138 $798,476 | $11,112 |
| 2015 | $511,538 + $274,946 $786,484 | $10,971 |
| 2014 | $501,518 + $269,561 $771,079 | $11,134 |
| 2013 | $499,252 + $268,343 $767,595 | $11,129 |
| 2012 | $489,463 + $263,082 $752,545 | $11,271 |
| 2010 | $479,866 + $257,924 $737,790 | $11,117 |
| 2009 | $477,412 + $256,606 $734,018 | $10,734 |
| 2009 | $476,280 + $255,997 $732,277 | $10,734 |
| 2008 | $468,051 + $251,575 $719,626 | $10,340 |
| 2007 | $458,874 + $246,643 $705,517 | $9,975 |
$4,299,000
TheMLSCLAW
Listed 2023-10-20
$4,599,000
TheMLSCLAW
Sold 2016-09-14
$3,450,000
Public Record
Sold 2000-06-16
$615,000
Public Record
Sold 1984-11-09
$350,000
Public Record
Year Built: 1964
Levels: Two Level
Living Area Source: Assessor
Property Age: 60
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Assessor
Map directions Map directions Map directions Map directions
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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.