$1,750,000 Price Analysis   ♡   Los Angeles, CA 90066 11 bed 10 bath 7,749 SqFt ($225/SqFt) 7,606SqFt lot. Built 1959 Listed 2024-05-01, Taxes $9,943 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Bread and butter 10-unit apartment building in highly desired Mar Vista.
* Has Contingent Offer *Nice unit mix with 6 one-bedroom units, 2 two-bedroom units and 2 studios. The property is being offered at a low price per square foot of improvements and with long time tenants with low rents, there is plenty of upside in the building.
Separately metered for gas and electricity. Laundry room provides additional income. Great Westsde location close to the Sunday Mar Vista Farm ers Market and trendy Washington Boulevard. First time on the market in many decades. Earthquake retrofit work has been completed.
Presented by DANIEL J. CAVANAUGH at
Cavanaugh Realtors.
Property MLS #24-386261 from TheMLSCLAW
Full Bathrooms: 10
Lot Size Dimensions: 50x152
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 7606
Parking Total: 5
Calculated Total Monthly Association Fees: 0
Number of Units: 10
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 996, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 917, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 1069, 4 BedsTotal: 1, 4 BathsTotal: 1, 4 SquareFeet: 891, 5 BedsTotal: 2, 5 BathsTotal: 1, 5 SquareFeet: 741, 6 BedsTotal: 1, 6 BathsTotal: 1, 6 SquareFeet: 999, 7 BedsTotal: 2, 7 BathsTotal: 1, 7 SquareFeet: 2150, 8 BedsTotal: 1, 8 BathsTotal: 1, 8 SquareFeet: 1285, 9 BathsTotal: 1, 9 SquareFeet: 1048, 10 BathsTotal: 1, 10 SquareFeet: 741
Vacancy Allowance: 2602
County: Los Angeles
Cap Rate: 3.5
Directions: Inglewood Blvd. between Washington Place and Washington Blvd.
Source Property Type: Residential Income
Area: Palms - Mar Vista
Source Neighborhood: Palms - Mar Vista
Parcel Number: 4233-016-031
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $512,884 + $221,230 $734,114 | $9,943 |
| 2021 | $502,828 + $216,893 $719,721 | $9,783 |
| 2020 | $497,673 + $214,670 $712,343 | $9,866 |
| 2019 | $487,915 + $210,461 $698,376 | $9,518 |
| 2018 | $478,349 + $206,335 $684,684 | $9,384 |
| 2017 | $468,970 + $202,290 $671,260 | $9,158 |
| 2016 | $459,775 + $198,324 $658,099 | $8,877 |
| 2015 | $452,869 + $195,345 $648,214 | $8,761 |
| 2014 | $443,998 + $191,519 $635,517 | $8,847 |
| 2013 | $441,992 + $190,654 $632,646 | $8,832 |
| 2012 | $433,326 + $186,916 $620,242 | $8,945 |
| 2010 | $424,830 + $183,251 $608,081 | $8,711 |
| 2009 | $422,657 + $182,315 $604,972 | $8,403 |
| 2009 | $421,655 + $181,882 $603,537 | $8,403 |
| 2008 | $414,370 + $178,741 $593,111 | $8,077 |
| 2007 | $406,246 + $175,237 $581,483 | $7,798 |
$1,750,000
TheMLSCLAW
Price Changed 2024-07-02
$1,950,000
TheMLSCLAW
Listed 2024-05-01
$2,100,000
TheMLSCLAW
Year Built: 1959
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 65
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.