$1895000 Price Analysis   ♡   Los Angeles, CA 90004 8 bed 4 bath 3744 SqFt ($506/SqFt) 6499SqFt lot. Built 1937 Listed 2024-03-27, Taxes $17875 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
To be delivered fully stabilized!
Pride of ownership, turnkey, generational asset in a prime location of Rampart Village. There are two structures on the lot with a sliding entry gate, privacy hedges and space for parking 8 cars. This meticulously maintained property with recently updated landscaping, electrical system, plumbing, sewer line and roof repairs. Desirable unit mix of side-by-side 2 beds/1 bath units.
All units to be delivered recently remodeled and at market rents. Located on a quiet, dead-end tree lined street in an excellent pcket of Los Angeles. Tons of period character throughout the property. Dense rental market with low vacancy and 2 minutes from the freeway and 5 minutes to downtown LA. Great opportunity to buy a stabilized, generational asset in the heart of Los Angeles. Please drive by only, do not disturb tenants.
Presented by Malcolm Zeger at
Buckingham Investments, Inc.
Property MLS #SB24060714 from CRMLS
Lot Size Acres: 0.1491965
Lot Size Source: Assessor
Lot Size Square Feet: 6499
Parking Total: 8
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
County: Los Angeles
Cap Rate: 3.80
Other Expense: 960.00
Source Property Type: Residential Income
Insurance Expense: 4680.00
Area: C17 - Mid-Wilshire
Source Neighborhood: C17 - Mid-Wilshire
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 5
Number of Separate Water Meters: 4
Parcel Number: 5501015002
Postal Code Plus 4: 6001
Professional Management Expense: 7186.00
Trash Expense: 519.00
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $443890 + $1035746 $1479636 | $17875 |
| 2020 | $439339 + $1025126 $1464465 | $18058 |
| 2019 | $430725 + $1005026 $1435751 | $17342 |
| 2018 | $422280 + $985320 $1407600 | $17277 |
| 2017 | $414000 + $966000 $1380000 | $16905 |
| 2016 | $519837 + $621320 $1141157 | $13986 |
| 2015 | $512029 + $611988 $1124017 | $13784 |
| 2014 | $261208 + $655759 $916967 | $11593 |
| 2013 | $260028 + $652796 $912824 | $11587 |
| 2012 | $254930 + $639997 $894927 | $11742 |
| 2010 | $249932 + $627449 $877381 | $11501 |
| 2009 | $248655 + $624240 $872895 | $11079 |
| 2009 | $248065 + $622760 $870825 | $11079 |
| 2008 | $243780 + $612000 $855780 | $10608 |
| 2007 | $239000 + $600000 $839000 | $10257 |
$1895000
CRMLS
Price Changed 2024-05-08
$1950000
CRMLS
Listed 2024-03-27
$1995000
CRMLS
Listing removed 2023-11-17
$0
TheMLSCLAW
Listed 2023-09-05
$1995000
TheMLSCLAW
Listing removed 2018-10-19
$849000
CRISNET
Sold 2016-08-31
$1380000
Public Record
Listing removed 2016-08-31
$1499000
TheMLSCLAW
Listed 2016-07-14
$1499000
TheMLSCLAW
Sold 2014-01-28
$1102000
Public Record
Listing removed 2013-12-04
$1099000
TheMLSCLAW
Listed 2013-11-18
$1099000
TheMLSCLAW
Listing removed 2013-10-11
$1175000
TheMLSCLAW
Price Changed 2013-09-24
$1175000
TheMLSCLAW
Listed 2013-07-12
$1199000
TheMLSCLAW
Listing removed 2007-02-17
$849000
CRISNET
Listing removed 2007-02-17
$849000
ITECH
Sold 2006-07-17
$839000
ITECH
Listed 2006-03-24
$849000
CRISNET
Listed 2006-03-24
$849000
ITECH
Listed 2005-12-09
$849000
ITECH
Sold 2005-10-28
$600000
Public Record
Year Built: 1937
Building Features: 2
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: Level 1
Property Age: 87
Property Attached: Yes
Roof: Shingle
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor
Sewer: Sewer: Public Sewer, Water Sewer Expense: 519.00
Electricity Connected
Natural Gas Connected
Phone Connected
Sewer Connected
Water Connected
Water Source: Public
Map directions Map directions Map directions Map directions
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |
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.