$2,899,000 Price Analysis   ♡   Los Angeles, CA 90006 8 bed 6 bath 5,108 SqFt ($567/SqFt) 8,701SqFt lot. Built 1905 Listed 2024-06-04, Taxes $5,489 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
This unique property is a open main house with four bedrooms and two bathrooms in the front and four additional units in the back
Each with one bedroom and one bathroom. Situated on a desirable corner lot, this property ffers a blend of residential comfort and significant investment potential. Prime location, close to USC and the Los Angeles Convention Center.
Investment Potential: Ideal for developers looking to renovate or rebuild, with the possibility of creating a multi-family building with up to ten units Stay tuned for more details and get ready to seize this incredible investment opportunity in the heart of Los Angeles!
Presented by Lily Nguyen at
Berkshire Hathaway Homeservice.
Property MLS #OC24111372 from CRMLS
Lot Size Acres: 0.1997475
Lot Size Source: Assessor
Lot Size Square Feet: 8701
Parking Total: 6
Bedrooms in Unit-1: 4
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 1
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Unit-1 Garage Spaces: 2
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
Unit-4 Garage Spaces: 1
Unit-5 Garage Spaces: 1
Maintenance Expense: 756.00
County: Los Angeles
Cap Rate: 2.80
Other Expense: 6065.00
Source Property Type: Residential Income
Insurance Expense: 3945.00
Area: C19 - Beverly Center-Miracle Mile
Source Neighborhood: C19 - Beverly Center-Miracle Mile
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 5
Number of Separate Water Meters: 1
Parcel Number: 5076014010
Postal Code Plus 4: 2902
Trash Expense: 3480.00
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $66,980 + $334,941 $401,921 | $5,489 |
| 2021 | $65,667 + $328,374 $394,041 | $5,394 |
| 2020 | $64,994 + $325,007 $390,001 | $5,438 |
| 2019 | $63,720 + $318,635 $382,355 | $5,248 |
| 2018 | $62,471 + $312,388 $374,859 | $5,088 |
| 2017 | $61,247 + $306,263 $367,510 | $4,990 |
| 2016 | $60,047 + $300,258 $360,305 | $4,823 |
| 2015 | $59,146 + $295,748 $354,894 | $4,759 |
| 2014 | $57,988 + $289,955 $347,943 | $4,810 |
| 2013 | $57,726 + $288,645 $346,371 | $4,804 |
| 2012 | $56,595 + $282,986 $339,581 | $4,867 |
| 2010 | $55,486 + $277,438 $332,924 | $5,002 |
| 2009 | $55,203 + $276,020 $331,223 | $4,828 |
| 2009 | $55,072 + $275,365 $330,437 | $4,828 |
| 2008 | $54,121 + $270,608 $324,729 | $4,650 |
| 2007 | $53,060 + $265,302 $318,362 | $4,492 |
$2,899,000
CRMLS
Sold 2003-10-31
$200,000
Public Record
Listing removed 2002-10-01
$475,000
ITECH
Listed 2002-03-30
$475,000
ITECH
Listing removed 2001-03-06
$340,000
ITECH
Listing removed 2000-07-23
$450,000
ITECH
Listed 2000-07-11
$340,000
ITECH
Listed 2000-03-22
$450,000
ITECH
Sold 1977-10-03
$70,000
Public Record
Year Built: 1905
Building Features: 2
Common Walls: No Common Walls
Entry Level: 1
Entry Location: Front
Property Age: 119
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Commercial/Residential
Year Built Source: Assessor
Water Source: Public
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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.