$1,395,000 Price Analysis   ♡   Los Angeles, CA 90002 16 bed 8 bath 4,620 SqFt ($301/SqFt) 6,245SqFt lot. Built 1958 Listed 2023-09-14, Taxes $5,337 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Here is your opportunity invest in an LA residential income property providing steady and reliable return on your investment.
This property is in a high demand rental area offering a good potential for appreciation. Consisting of a total of EIGHT (8) units with 2-Bedrooms / 1-Bathrooms each and separately metered for gas and electricity.
There are 10+/- parking spots availabl. It is situated in a desirable neighborhood, close to public transportation, local amenities and minutes from Downtown LA via the 110 Freeway.
Presented by JOHN L JOHNSON II at
J-N-J Realty.
Property MLS #IV23170905 from CRMLS
Bedrooms: 16
Appliances: Disposal, Water Heater
Appliances YN: Yes
Appliances YN: Yes
Kitchen, Living Room
Full Bathrooms: 8
Heating Features: Wall Furnace
Heating: Yes
Heating: Yes
Flooring: Laminate, Tile
Fencing: Fence YN: Yes, Fencing: Chain Link, Wrought Iron
Road Frontage Type: City Street
Road Surface Type: Paved
Road Frontage Type: City Street
Road Surface Type: Paved
Lot Description: Corner Lot, Level with Street, Rectangular Lot, Near Public Transit, Utilities - Overhead
Lot Size Acres: 0.1433655
Lot Size Source: Assessor
Lot Size Square Feet: 6245
Lot Size Acres: 0.1433655
Lot Size Source: Assessor
Lot Size Square Feet: 6245
Parking Features: Parking YN: Yes, Parking Features: Driveway, Concrete
Parking Total: 10
Parking Total: 10
Number of Units: 8
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 2
Bedrooms in Unit-6: 2
Bedrooms in Unit-7: 2
Bedrooms in Unit-8: 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
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Total Bathrooms in Unit-7: 1
Total Bathrooms in Unit-8: 1
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 2
Bedrooms in Unit-6: 2
Bedrooms in Unit-7: 2
Bedrooms in Unit-8: 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
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Total Bathrooms in Unit-7: 1
Total Bathrooms in Unit-8: 1
Calculated Total Monthly Association Fees: 0
Gardener Expense: 1440.00
Gardener Expense: 1440.00
Number of Units Leased: 8
Tenant Pays: Electricity
Vacancy Allowance: 3381
Rent Control: Yes
Tenant Pays: Electricity
Vacancy Allowance: 3381
Rent Control: Yes
Community Features: Sidewalks, Street Lights, Urban
Source Listing Status: Active
County: Los Angeles
Cap Rate: 5.85
Source Property Type: Residential Income
Insurance Expense: 3399.00
Area: 632 - Highland Park
Source Neighborhood: 632 - Highland Park
Number of Separate Electric Meters: 8
Number of Separate Gas Meters: 8
Parcel Number: 6044007002
Postal Code Plus 4: 1307
Trash Expense: 3827.00
Zoning: LAR3
Source System Name: C2C
County: Los Angeles
Cap Rate: 5.85
Source Property Type: Residential Income
Insurance Expense: 3399.00
Area: 632 - Highland Park
Source Neighborhood: 632 - Highland Park
Number of Separate Electric Meters: 8
Number of Separate Gas Meters: 8
Parcel Number: 6044007002
Postal Code Plus 4: 1307
Trash Expense: 3827.00
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $178,901 + $105,063 $283,964 | $5,337 |
| 2021 | $175,394 + $103,003 $278,397 | $5,250 |
| 2020 | $173,596 + $101,947 $275,543 | $5,279 |
| 2019 | $170,193 + $99,949 $270,142 | $5,121 |
| 2018 | $166,856 + $97,990 $264,846 | $5,012 |
| 2017 | $163,585 + $96,069 $259,654 | $4,869 |
| 2016 | $160,378 + $94,186 $254,564 | $4,712 |
| 2015 | $157,969 + $92,772 $250,741 | $4,643 |
| 2014 | $154,875 + $90,955 $245,830 | $4,684 |
| 2013 | $154,176 + $90,544 $244,720 | $2,325 |
| 2012 | $151,153 + $88,769 $239,922 | $4,687 |
| 2010 | $148,190 + $87,029 $235,219 | $4,525 |
| 2009 | $147,433 + $86,585 $234,018 | $4,336 |
| 2009 | $147,083 + $86,379 $233,462 | $4,336 |
| 2008 | $144,543 + $84,888 $229,431 | $4,153 |
| 2007 | $141,709 + $83,224 $224,933 | $3,985 |
Price Changed 2024-05-21
$1,395,000
CRMLS
Listed 2023-09-14
$1,595,950
CRMLS
Sold 2001-05-29
$200,000
ITECH
Listed 2001-01-03
$250,000
ITECH
$1,395,000
CRMLS
Listed 2023-09-14
$1,595,950
CRMLS
Sold 2001-05-29
$200,000
ITECH
Listed 2001-01-03
$250,000
ITECH
Net Operating Income: 73164.00
Total Square Feet Living: 4620
Year Built: 1958
Building Features: 1
Common Walls: 2+ Common Walls
Construction Materials: Concrete, Drywall Walls, Stone Veneer
Direction Faces: South
Entry Level: 1
Entry Location: Parking Lot
Foundation Details: Pillar/Post/Pier
Property Age: 66
Property Attached: Yes
Roof: Asphalt, Composition, Shingle, Tar/Gravel
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Seller
Year Built: 1958
Building Features: 1
Common Walls: 2+ Common Walls
Construction Materials: Concrete, Drywall Walls, Stone Veneer
Direction Faces: South
Entry Level: 1
Entry Location: Parking Lot
Foundation Details: Pillar/Post/Pier
Property Age: 66
Property Attached: Yes
Roof: Asphalt, Composition, Shingle, Tar/Gravel
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Seller
Sewer: Sewer: Public Sewer, Water Sewer Expense: 7393.00
Cable Available
Electricity Available
Natural Gas Available
Natural Gas Connected
Phone Available
Sewer Available
Sewer Connected
Water Available
Water Connected
Water Source: Public
Cable Available
Electricity Available
Natural Gas Available
Natural Gas Connected
Phone Available
Sewer Available
Sewer Connected
Water Available
Water Connected
Water Source: Public
Judith F. Baca Arts Academy is a public elementary school located approximately 0.1 miles away.
Map directions
Map directionsCharles Drew Middle School is a public middle school located approximately 0.5 miles away.
Map directions
Map directionsAcademy For Multiligual Arts And Science At Mervyn M. Dymally High is a public high school located approximately 1.3 miles away.
Map directions
Map directionsSt. Lawrence of Brindisi Elementary School is a private elementary and middle school located approximately 0.6 miles away.
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.