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$2,695,000   Price Analysis
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1526 S Wooster St
Los Angeles, CA 90035
Unknown bed 10 bath 6,175 SqFt ($436/SqFt)
6,507SqFt lot. Built 1958
Listed 2024-05-14, Taxes $30,613
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

ATTRACTIVE ASSUMABLE LOAN @ 3.94% FIXED TIL MARCH 2027 We are pleased to offer for sale an incredible multifamily asset located at 1526 S.

Wooster Street, a 5-Unit, apartment complex situated on a quiet street minute away from Beverly Hills on the northern tip of Pico-Robertson neighborhood. Building has excellent unit mix which includes One (1) three bedroom plus den, Two (2) three bedroms, One (1) two bedroom and One (1) one bedroom units. 3 units are highly renovated with updated kitchen, bath, hardwood floors and new stainless-steel appliances and washer/dryer.

Value-add potential with several units that are paying below market rents in this well-maintained building. Amazing location with high Walk Score and close to many amenities. This rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire an easy to manage turn-key asset in one of the most sought-after rental areas in Los Angeles.


Presented by Iman Eshaghyan at
Coldwell Banker Realty.
Listing Agent Photo

Property MLS #24-391701 from TheMLSCLAW

Total Bathrooms: 10
Full Bathrooms: 10

Cooling Features: Central, Ceiling Fan
Heating Features: Central, Combination

Lot Size Acres: 0.1493802
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6507

Garage Description: Tandem
Parking Total: 10

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 5
Unit Features: 1 BedsTotal: 3, 1 BathsTotal: 2, 1 SquareFeet: 3995, 2 BedsTotal: 3, 2 BathsTotal: 2, 2 SquareFeet: 3995, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 2795, 4 BedsTotal: 3, 4 BathsTotal: 3, 4 SquareFeet: 4295, 5 BedsTotal: 2, 5 BathsTotal: 2, 5 SquareFeet: 3495

Source Listing Status: Active
County: Los Angeles
Cap Rate: 4.42
Directions: South of Pico Blvd.
Source Property Type: Residential Income
Area: Beverlywood Vicinity
Source Neighborhood: Beverlywood Vicinity
Parcel Number: 4303-002-030
Zoning: LAR3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$278,772 + $2,251,623
$2,530,395
$30,613
2021$273,306 + $2,207,474
$2,480,780
$30,226
2020$270,504 + $2,184,840
$2,455,344
$30,543
2019$265,200 + $2,142,000
$2,407,200
$29,343
2018$394,011 + $650,984
$1,044,995
$13,450
2017$386,286 + $638,220
$1,024,506
$13,129
2016$378,712 + $625,706
$1,004,418
$12,785
2015$373,024 + $616,308
$989,332
$12,607
2014$365,717 + $604,236
$969,953
$12,674
2013$364,065 + $601,506
$965,571
$12,658
2012$359,898 + $413,883
$773,781
$10,637
2010$352,842 + $405,768
$758,610
$10,348
2009$351,037 + $403,693
$754,730
$9,975
2009$350,205 + $402,736
$752,941
$9,975
2008$344,154 + $395,778
$739,932
$9,568
2007$337,406 + $388,018
$725,424
$9,244

Listed 2024-05-14
$2,695,000
TheMLSCLAW
Sold 2018-06-22
$2,360,000
Public Record
Sold 2001-03-01
$645,000
Public Record
Listing removed 2000-09-01
$655,000
ITECH
Listed 2000-06-07
$655,000
ITECH
Listing removed 1998-08-08
$525,000
ITECH
Listed 1998-04-07
$525,000
ITECH
Sold 1997-12-16
$375,000
Public Record

Net Operating Income: 119074

Total Square Feet Living: 6175
Year Built: 1958
Levels: One Level
Living Area Source: Vendor Enhanced
Property Age: 66
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Vendor Enhanced

Other Equipment: Dishwasher, Freezer, Garbage Disposal, Dryer, Microwave, Range/Oven, Refrigerator

Canfield Avenue Elementary School is a public elementary school located approximately 0.4 miles away.
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Alexander Hamilton Senior High School is a public high school located approximately 1.2 miles away.
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Daniel Webster Middle School is a public middle school located approximately 3.3 miles away.
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Darko La is a private elementary and middle school located approximately 0.1 miles away.
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bathroom

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.