$2,295,000 Price Analysis   ♡   Los Angeles, CA 90048 6 bed 4 bath 4,653 SqFt ($493/SqFt) 6,251SqFt lot. Built 1937 Listed 2024-07-15, Taxes $2,615 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Come see this wonderful opportunity to own a vintage 1937 character building in a pleasing Beverly Grove location.
Quick access to the best of LA shopping, entertainment, dining nd cultural centers such as LACMA. One of the large 2 bedroom units will be delivered vacant and in rent ready condition or as a exceptional canvas for an owner user to cu stomize to their liking.
All units are separately metered for gas and electric, with separate hot water heaters as well resulting in low operating expenses for the owner. Nice large units with hardwood floors, formal dining area and huge living room in the 2-bedroom units. Peaceful, private rear yard area for the tenants enjoyment. Detached 4 car garage. Well maintained by the current long term owners.
Presented by Christopher Marsocci at
Goldcoast Commercial Group.
Property MLS #24-413537 from TheMLSCLAW
Full Bathrooms: 4
Bathroom 1 Features: Shower and Tub
Laundry Features: In Unit
Heating Features: Forced Air, Wall
Garage Spaces: 4
Garage Description: Detached, Garage
Parking Total: 4
Patio Features: Rock/Stone, Patio Open
Lot Size Acres: 0.1435032
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6251
Calculated Total Monthly Association Fees: 0
Number of Units: 4
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 1, 1 SquareFeet: 4100, 2 BedsTotal: 2, 2 BathsTotal: 1, 2 SquareFeet: 2371, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 2184, 4 BedsTotal: 1, 4 BathsTotal: 1, 4 SquareFeet: 1976
Vacancy Allowance: 3299
County: Los Angeles
Cap Rate: 3.86
Directions: North of Wilshire and West of Crescent Heights
Source Property Type: Residential Income
Area: Beverly Center-Miracle Mile
Source Neighborhood: Beverly Center-Miracle Mile
Owner Pays: Gardener, Water
Parcel Number: 5510-024-018
Postal Code Plus 4: 4784
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $76,304 + $95,783 $172,087 | $2,615 |
| 2020 | $75,522 + $94,801 $170,323 | $2,631 |
| 2019 | $74,042 + $92,943 $166,985 | $2,549 |
| 2018 | $72,591 + $91,121 $163,712 | $2,458 |
| 2017 | $71,168 + $89,335 $160,503 | $2,415 |
| 2016 | $69,773 + $87,584 $157,357 | $2,306 |
| 2015 | $68,725 + $86,269 $154,994 | $2,278 |
| 2014 | $67,379 + $84,580 $151,959 | $2,315 |
| 2013 | $67,075 + $84,198 $151,273 | $2,309 |
| 2012 | $65,760 + $82,548 $148,308 | $2,339 |
| 2010 | $64,471 + $80,930 $145,401 | $2,326 |
| 2009 | $64,143 + $80,517 $144,660 | $2,240 |
| 2009 | $63,990 + $80,326 $144,316 | $2,240 |
| 2008 | $62,886 + $78,939 $141,825 | $2,162 |
| 2007 | $61,653 + $77,392 $139,045 | $2,077 |
$2,295,000
TheMLSCLAW
Listed 2024-07-15
$1,999,000
TheMLSCLAW
Sold 1964-05-15
$54,500
Public Record
Year Built: 1937
Building Exterior Type: Stucco
Common Walls: Attached
Direction Faces: South, West
Entry Location: Ground Level w/steps
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 87
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Vendor Enhanced
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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.