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$5,000,000   Price Analysis
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7113-7107 LA Tijera Blvd
Los Angeles, CA 90045
20 bed 19 bath 13,259 SqFt ($377/SqFt)
0.56 acre lot. Built 1952
Listed 2023-12-16, Taxes $19,399		Ⓧ USDA Ineligible
due to price & location
near Los Angeles

Offered for Sale: Two Multifamily Apartment Buildings: Westchester Neighborhood Prime Development Opportunity 'TWO PARCELS' sde by side.

The two properties are being sold as One Purchase under this Listing Agreement. The Data Analysis for the two properties have been combined under one total, as it applies to each of the Data categories. Total Units: 18: Building Size 13, 259 SF: Lot Size: 24, 308 SF Total Gross Income: $ 282, 852 yrly. --- Total Gross Income $23, 571 monthly --- Total Operating Expenses: $ 53, 744 yrly---- Net Income: $ 229, 108 yrly Apartment Building: Lead Address: 7113 La Tijera Blvd Los Angeles CA 90045: APN 4103-008-026 14 Units: Building: 10, 495 SF Lot: 16, 206 SF Apartment Building: Lead Address: 7107 La Tijera Blvd Los Angeles CA 90045: APN 4103-008-025 4 Unit: Building: 2, 764 SF Lot: 8, 102 SF Property is subject to the City of Los Angeles Rent Control Ordinance.

Laundry facilities on-site: Great opportunity to develop the two properties to their full potential. Will cooperate with 1031 exchange


Presented by Steven Salke at
United Property Network.


Property MLS #SR23226927 from CRMLS

Bedrooms: 20

Laundry Features: Outside

Full Bathrooms: 19

Heating Features: Central
Heating: Yes

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.558
Lot Size Source: Assessor
Lot Size Square Feet: 24308

Garage Spaces: 15
Parking Total: 15

Number of Units: 18
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Unit-1 Garage Spaces: 11
Unit-2 Garage Spaces: 2
Unit-3 Garage Spaces: 2

Calculated Total Monthly Association Fees: 0
Gardener Expense: 720.00
Maintenance Expense: 1500.00

Number of Units Leased: 18
Rent Control: Yes

Community Features: Sidewalks, Storm Drains, Street Lights, Urban

Annual Tax Amount: 26004.00
Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 4000.00
Area: C29 - Westchester
Source Neighborhood: C29 - Westchester
Number of Separate Electric Meters: 18
Number of Separate Gas Meters: 18
Number of Separate Water Meters: 2
Parcel Number: 4103008026
Postal Code Plus 4: 2157
Trash Expense: 5000.00
Zoning: LAR3
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2022$1,044,358 + $464,159
$1,508,517		$19,399
2021$1,023,881 + $455,058
$1,478,939		$19,115
2020$1,013,383 + $450,392
$1,463,775		$19,292
2019$993,513 + $441,561
$1,435,074		$18,577
2018$974,033 + $432,903
$1,406,936		$18,281
2017$954,935 + $424,415
$1,379,350		$17,864
2016$936,211 + $416,094
$1,352,305		$17,368
2015$922,149 + $409,844
$1,331,993		$17,128
2014$904,086 + $401,816
$1,305,902		$17,260
2013$900,000 + $400,000
$1,300,000		$17,256
2012$573,524 + $254,891
$828,415		$11,838
2010$562,279 + $249,894
$812,173		$11,646
2009$559,403 + $248,617
$808,020		$11,234
2009$558,077 + $248,027
$806,104		$11,234
2008$548,435 + $243,743
$792,178		$10,799
2007$537,682 + $238,964
$776,646		$10,425

Price Changed 2023-12-30
$5,000,000
CRMLS
Listed 2023-12-16
$5,300,000
CRMLS
Listing removed 2023-04-07
$6,000,000
CRISNET
Listing removed 2023-04-06
$6,000,000
CRISNET
Relisted 2020-05-22
$6,000,000
CRISNET
Listing removed 2020-05-20
$0
CRISNET
Relisted 2020-05-16
$6,000,000
CRISNET
Listing removed 2020-05-14
$0
CRISNET
Relisted 2020-05-13
$6,000,000
CRISNET
Listing removed 2020-05-12
$0
CRISNET
Relisted 2020-05-06
$6,000,000
CRISNET
Listing removed 2020-05-04
$0
CRISNET
Relisted 2020-04-30
$6,000,000
CRISNET
Listing removed 2020-04-29
$0
CRISNET
Relisted 2020-04-26
$6,000,000
CRISNET
Listing removed 2020-04-22
$0
CRISNET
Relisted 2020-04-16
$6,000,000
CRISNET
Listing removed 2020-04-15
$0
CRISNET
Relisted 2019-10-06
$6,000,000
CRISNET
Listing removed 2019-10-05
$0
CRISNET
Listed 2019-02-25
$6,000,000
CRISNET

Net Operating Income: 229108.00

Total Square Feet Living: 13259
Year Built: 1952
Building Features: 2
Common Walls: 2+ Common Walls
Entry Level: 2
Entry Location: front
Property Age: 72
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor

Electric Expense: 720.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 12600.00
Water Source: Public

Westport Heights Elementary School is a public elementary school located approximately 0.9 miles away.
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Orville Wright Engineering And Design Magnet is a public middle school located approximately 1.6 miles away.
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Westchester Enriched Sciences Magnets is a public high school located approximately 3.1 miles away.
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St. Jerome Elementary School is a private elementary and middle school located approximately 0.2 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.