$1,590,000 Price Analysis   ♡   Los Angeles, CA 90006 9 bed 7 bath 4,121 SqFt ($385/SqFt) 5,907SqFt lot. Built 1922 Listed 2024-04-07, Taxes $17,944 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Coldwell Banker Realty is pleased to present the opportunity to acquire a four-unit apartment building in the Olympic Park-Koreatown neighborhood of Los Angeles.
This property boasts a diverse unit mix, featuring 2 three-bedroom and two-bathroom unts, 1 two-bedroom and two-bathroom unit and 1 one-bedroom and one-bathroom unit. Gas and electricity are independently metered, while water is centrally metered.
The construction combines stucco and wood-frame elements and offers 5 parking spaces for on-site tenants. Given that rents are currently below market value and the area is undergoing continued gentrification, investors will recognize the value in seizing this opportunity.
Presented by Bo Hyeok Kim at
Colwell Banker Realty.
Property MLS #24-377217 from TheMLSCLAW
Full Bathrooms: 7
Lot Size Square Feet: 5907
Parking Total: 5
Calculated Total Monthly Association Fees: 0
Number of Units: 4
Unit Features: 1 BedsTotal: 3, 1 BathsTotal: 2, 1 SquareFeet: 2800, 2 BedsTotal: 3, 2 BathsTotal: 2, 2 SquareFeet: 2800, 3 BedsTotal: 2, 3 BathsTotal: 2, 3 SquareFeet: 2400, 4 BedsTotal: 1, 4 BathsTotal: 1, 4 SquareFeet: 1600
County: Los Angeles
Directions: Near Kingsley and 11th Street
Source Property Type: Residential Income
Area: Mid-Wilshire
Source Neighborhood: Mid-Wilshire
Parcel Number: 5080-029-016
Postal Code Plus 4: 2420
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $446,750 + $1,040,666 $1,487,416 | $17,944 |
| 2021 | $437,991 + $1,020,261 $1,458,252 | $17,711 |
| 2020 | $312,120 + $1,082,016 $1,394,136 | $17,301 |
| 2019 | $306,000 + $1,060,800 $1,366,800 | $16,620 |
| 2018 | $237,020 + $517,136 $754,156 | $9,467 |
| 2017 | $232,373 + $506,997 $739,370 | $9,268 |
| 2016 | $227,817 + $497,056 $724,873 | $9,025 |
| 2015 | $224,395 + $489,590 $713,985 | $8,896 |
| 2014 | $295,334 + $411,861 $707,195 | $9,036 |
| 2013 | $115,455 + $461,834 $577,289 | $7,479 |
| 2012 | $113,192 + $452,779 $565,971 | $7,579 |
| 2010 | $110,973 + $443,901 $554,874 | $7,438 |
| 2009 | $110,406 + $441,631 $552,037 | $7,164 |
| 2009 | $110,144 + $440,584 $550,728 | $7,164 |
| 2008 | $108,242 + $432,972 $541,214 | $6,867 |
| 2007 | $106,120 + $424,483 $530,603 | $6,633 |
$1,590,000
TheMLSCLAW
Listing removed 2018-12-31
$0
TheMLSCLAW
Price Changed 2018-10-08
$1,400,000
TheMLSCLAW
Listed 2018-08-28
$1,475,000
TheMLSCLAW
Sold 2018-01-09
$1,340,000
Public Record
Sold 2014-01-03
$700,000
Public Record
Sold 2013-02-21
$704,000
Public Record
Sold 2003-07-03
$225,000
Public Record
Year Built: 1922
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 102
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.