$4,350,000 Price Analysis   ♡   Los Angeles, CA 90042 14 bed 17 bath 8,162 SqFt ($532/SqFt) 6,694SqFt lot. Built 2024 Listed 2024-07-23, Taxes $4,586 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Onward Capital as an exclusive broker is pleased to present a brand-new 5-unit complex (2 Duplex's nd large ADU)
For sale. This 5-unit property features 3- detached buildings, all 3-story on grade with elevating rooftop views overlooking all of Los Angeles. The property includes (2) 4 bed, 5 bath units, (2) 3 bed, 3 bath units and one studio apartment.354 N Newland is a NON-RENT CONTOLLED and SPACIOUS 5-unit tri level townhome complex. Finishes in the unit are top of the line including high ceilings, walk in closets, designer kitchens, en-suite bathrooms and huge rooftop decks. A++ HIGHLAND PARK LOCATION DELIVERED. 100% LEASED AT A TRUE 5.02% CAP. 8 PARKING SPOTS (2) PER UNIT AND 1 GARAGE!
LARGE ROOFTOP DECKS OVERLOOKING LOS ANGELES. ALL UNITED SEPERATLEY METERED FOR GAS, ELECTRIC, AND WATER. PERFECT OWNER OCCUPIED OPPORTUNITY!
Presented by Serena Shlomof at
Onward Capital, Inc.
Property MLS #24-418909 from TheMLSCLAW
Full Bathrooms: 17
Heating Features: Central
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6694
Garage Description: Carport Attached, Garage - 2 Car
Parking Total: 8
Calculated Total Monthly Association Fees: 0
Number of Units: 5
Unit Features: 1 BedsTotal: 4, 1 BathsTotal: 5, 1 SquareFeet: 6500, 2 BedsTotal: 4, 2 BathsTotal: 5, 2 SquareFeet: 6000, 3 BedsTotal: 3, 3 BathsTotal: 3, 3 SquareFeet: 5125, 4 BedsTotal: 3, 4 BathsTotal: 3, 4 SquareFeet: 5000, 5 BathsTotal: 1, 5 SquareFeet: 2500
County: Los Angeles
Cap Rate: 5.02
Directions: Fig & York
Source Property Type: Residential Income
Area: Highland Park
Source Neighborhood: Highland Park
Parcel Number: 5493-005-027
Postal Code Plus 4: 2712
Zoning: LARD1.5
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $92,717 + $275,226 $367,943 | $4,586 |
| 2020 | $91,767 + $272,404 $364,171 | $4,626 |
| 2019 | $89,968 + $267,063 $357,031 | $4,450 |
| 2018 | $88,204 + $261,827 $350,031 | $4,333 |
| 2017 | $86,475 + $256,694 $343,169 | $4,237 |
| 2016 | $84,780 + $251,661 $336,441 | $4,116 |
| 2015 | $83,507 + $247,881 $331,388 | $4,057 |
| 2014 | $81,872 + $243,026 $324,898 | $4,076 |
| 2013 | $81,502 + $241,928 $323,430 | $4,075 |
| 2012 | $79,904 + $237,185 $317,089 | $4,129 |
| 2010 | $78,338 + $232,535 $310,873 | $4,048 |
| 2009 | $77,938 + $231,347 $309,285 | $3,901 |
| 2009 | $77,753 + $230,798 $308,551 | $3,901 |
| 2008 | $76,410 + $226,811 $303,221 | $3,737 |
| 2007 | $74,912 + $222,364 $297,276 | $3,604 |
$4,350,000
TheMLSCLAW
Listing removed 2024-05-20
$6,000
TheMLSCLAW
Listed for rent 2024-04-22
$6,000
TheMLSCLAW
Sold 2022-08-12
$1,000,000
CRMLS
Sold 2003-02-18
$275,000
ITECH
Listing removed 2002-12-01
$289,000
ITECH
Listed 2002-11-18
$275,000
ITECH
Listed 2002-05-31
$289,000
ITECH
Listing removed 2001-12-26
$238,800
ITECH
Listing removed 2001-12-26
$238,888
ITECH
Listed 2001-06-29
$238,888
ITECH
Listed 2001-06-28
$238,800
ITECH
Sold 1985-05-31
$104,000
Public Record
Year Built: 2024
Levels: Multi Levels
Living Area Source: Builder
New Construction: Yes
Levels or Stories: 3
Building Total Stories: 3
House Style: Modern
Year Built Source: Builder
Architectural Style: Modern
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.