$1,469,000 Price Analysis   ♡   Los Angeles, CA 90006 6 bed 5 bath 4,614 SqFt ($318/SqFt) 6,764SqFt lot. Built 1995 Listed 2024-03-15, Taxes $15,322 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Excellent Well Maintained 5-unit income property on high demand rental area.
Two separate wood frame stucco buildings are located in the Mid-Wilshire area. Frnt Building = 4 units built in 1913 and consists of 4 roomy One Bedroom/One Bathroom Units averaging over 900 SF each. Back Building= 1 unit ( DetachedSingle-Family-Residence), a large 2bed+1bath unit is built on the backside built-in 1995 as per ZIMAS. Tenants pay their own utility for Gas and Electric that are individually metered.
On-site parking is available with four garages, the total can be 8. . Westmoreland has many upgrades which will reduce the cost of ownership including updated electrical, majority of new copper plumbing, new drain lines and new paint. Property sold as-is condition. The desirable area rapidly growing in value with walkable post office, eats, K-Town, USC, DTLA, entertainment centers. Value-added opportunity to own your first income unit or for your next successful income-generating portfolio. Please Call L.A for more Info.
Presented by Seong Kelly Chong at
Dream Realty Asset Mgt, Inc.
Property MLS #24-369325 from TheMLSCLAW
Full Bathrooms: 5
Heating Features: Wall
Lot Size Source: Assessor
Lot Size Square Feet: 6764
Garage Description: Uncovered, Garage
Parking Total: 8
Calculated Total Monthly Association Fees: 0
Number of Units: 5
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 1900, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 2000, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 1900, 4 BedsTotal: 1, 4 BathsTotal: 1, 4 SquareFeet: 1900, 5 BedsTotal: 2, 5 BathsTotal: 1, 5 SquareFeet: 2200, 6 SquareFeet: 300
County: Los Angeles
Cap Rate: 4.39
Directions: EAST OF VERMONT / BETWEEN PICO AND VENICE
Source Property Type: Residential Income
Area: Mid Los Angeles
Source Neighborhood: Mid Los Angeles
Parcel Number: 5056-003-007
Postal Code Plus 4: 4629
Zoning: LARD1.5
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $298,864 + $927,510 $1,226,374 | $15,322 |
| 2021 | $293,004 + $909,324 $1,202,328 | $15,120 |
| 2020 | $125,647 + $336,440 $462,087 | $6,542 |
| 2019 | $123,184 + $329,844 $453,028 | $6,316 |
| 2018 | $120,769 + $323,377 $444,146 | $6,181 |
| 2017 | $118,401 + $317,037 $435,438 | $6,018 |
| 2016 | $116,080 + $310,821 $426,901 | $5,842 |
| 2015 | $114,337 + $306,153 $420,490 | $5,766 |
| 2014 | $112,098 + $300,156 $412,254 | $5,818 |
| 2013 | $111,592 + $298,800 $410,392 | $5,802 |
| 2012 | $109,404 + $292,942 $402,346 | $5,875 |
| 2010 | $107,259 + $287,199 $394,458 | $5,690 |
| 2009 | $106,711 + $285,731 $392,442 | $5,486 |
| 2009 | $106,458 + $285,053 $391,511 | $5,486 |
| 2008 | $104,619 + $280,129 $384,748 | $5,275 |
| 2007 | $102,568 + $274,637 $377,205 | $5,097 |
$1,469,000
TheMLSCLAW
Listing removed 2023-09-05
$0
TheMLSCLAW
Price Changed 2023-07-04
$1,469,000
TheMLSCLAW
Listed 2023-02-08
$1,399,000
TheMLSCLAW
Listing removed 2023-01-04
$0
TheMLSCLAW
Price Changed 2022-03-07
$1,499,000
TheMLSCLAW
Listed 2022-01-03
$1,479,000
TheMLSCLAW
Listing removed 2021-12-09
$0
CRISNET
Listed 2020-12-12
$1,652,000
CRISNET
Sold 2020-04-03
$1,190,000
TheMLSCLAW
Listing removed 2019-10-25
$0
TheMLSCLAW
Price Changed 2019-06-24
$1,300,000
TheMLSCLAW
Listed 2019-04-25
$1,495,000
TheMLSCLAW
Listing removed 2019-04-20
$0
TheMLSCLAW
Relisted 2019-04-13
$1,320,000
TheMLSCLAW
Listing removed 2019-04-12
$0
TheMLSCLAW
Price Changed 2019-01-08
$1,320,000
TheMLSCLAW
Listed 2018-11-19
$1,500,000
TheMLSCLAW
Sold 1989-12-21
$261,000
Public Record
Sold 1976-07-06
$42,500
Public Record
Year Built: 1995
Levels: Two Level, One Level
Living Area Source: Vendor Enhanced
Property Age: 29
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.