$1,950,000 Price Analysis   ♡   Los Angeles, CA 90043 13 bed 9 bath 5,580 SqFt ($349/SqFt) 8,500SqFt lot. Built 1958 Listed 2024-06-13, Taxes $14,010 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Highly desi rable 8-unit multifamily asset situated in the Hyde Park neighborhood blocks from up and coming Inglewood.
Lcated walking distance to the new Metro K Line. Property has many upgrades including: security gates, new exterior paint and 75 percent of the units have renovated interiors with new kitchens, vinyl flooring and baths.
The property is a solid investment opportunity with remaining upside and value-add potential to increase rents substantially. This property can also be purchased alongside the property across the street (26-unit) at 6812 11th Avenue.
Presented by David Berneman at
David Berneman.
Property MLS #24-403753 from TheMLSCLAW
Bedrooms: 13
Total Bathrooms: 9
Full Bathrooms: 9
Full Bathrooms: 9
Laundry Facilities: Laundry Area
Laundry Features: Laundry Area
Laundry Features: Laundry Area
Cooling Features: Air Conditioning, Wall Unit(s), Central
Heating Features: Wall, Central
Heating Features: Wall, Central
Lot Size Acres: 0.1951331
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 8500
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 8500
Garage Description: Direct Entrance, Driveway, Assigned
Parking Total: 7
Parking Total: 7
View: City Lights
Other Equipment: Dishwasher, Gas Dryer Hookup, Garbage Disposal, Microwave, Freezer, Refrigerator, Range/Oven
Security Features: Gated, Smoke Detector
Other Equipment: Dishwasher, Gas Dryer Hookup, Garbage Disposal, Microwave, Freezer, Refrigerator, Range/Oven
Security Features: Gated, Smoke Detector
Association: No
Calculated Total Monthly Association Fees: 0
Calculated Total Monthly Association Fees: 0
Number of Buildings: 2
Number of Units: 8
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 1950, 2 BedsTotal: 2, 2 BathsTotal: 1, 2 SquareFeet: 2350, 3 BedsTotal: 3, 3 BathsTotal: 2, 3 SquareFeet: 2950
Number of Units: 8
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 1950, 2 BedsTotal: 2, 2 BathsTotal: 1, 2 SquareFeet: 2350, 3 BedsTotal: 3, 3 BathsTotal: 2, 3 SquareFeet: 2950
Source Listing Status: Active
County: Los Angeles
Cap Rate: 5.8
Directions: Hyde Park Boulevard and Crenshaw Boulevard
Source Property Type: Residential Income
Area: Park Hills Heights
Source Neighborhood: Park Hills Heights
Parcel Number: 4006-025-023
Postal Code Plus 4: 4749
Zoning: LAR3
Source System Name: C2C
County: Los Angeles
Cap Rate: 5.8
Directions: Hyde Park Boulevard and Crenshaw Boulevard
Source Property Type: Residential Income
Area: Park Hills Heights
Source Neighborhood: Park Hills Heights
Parcel Number: 4006-025-023
Postal Code Plus 4: 4749
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $429,474 + $669,309 $1,098,783 | $14,010 |
| 2021 | $421,053 + $656,186 $1,077,239 | $13,818 |
| 2020 | $416,736 + $649,458 $1,066,194 | $13,948 |
| 2019 | $408,565 + $636,724 $1,045,289 | $13,428 |
| 2018 | $400,554 + $624,240 $1,024,794 | $13,250 |
| 2017 | $392,700 + $612,000 $1,004,700 | $12,934 |
| 2016 | $385,000 + $600,000 $985,000 | $12,604 |
| 2015 | $330,000 + $495,000 $825,000 | $10,698 |
| 2014 | $363,303 + $153,588 $516,891 | $7,225 |
| 2013 | $361,662 + $152,894 $514,556 | $7,210 |
| 2012 | $354,571 + $149,897 $504,468 | $7,301 |
| 2010 | $347,619 + $146,958 $494,577 | $7,090 |
| 2009 | $345,841 + $146,207 $492,048 | $6,840 |
| 2009 | $345,021 + $145,860 $490,881 | $6,840 |
| 2008 | $339,060 + $143,341 $482,401 | $6,575 |
| 2007 | $332,412 + $140,531 $472,943 | $6,353 |
Listed 2024-06-13
$1,950,000
TheMLSCLAW
Listing removed 2024-01-25
$1,595
TheMLSCLAW
Listing removed 2021-06-02
$0
TheMLSCLAW
Listing removed 2021-04-02
$0
TheMLSCLAW
Price Changed for rent 2021-03-16
$1,750
TheMLSCLAW
Price Changed for rent 2021-03-10
$1,775
TheMLSCLAW
Listed for rent 2021-02-09
$1,795
TheMLSCLAW
Price Changed for rent 2021-01-27
$2,495
TheMLSCLAW
Price Changed for rent 2020-12-29
$2,695
TheMLSCLAW
Listed for rent 2020-12-08
$2,795
TheMLSCLAW
Sold 2015-11-03
$985,000
Public Record
Sold 2014-08-28
$825,000
Public Record
Sold 2002-09-19
$437,500
Public Record
Listing removed 2000-08-22
$320,000
ITECH
Listed 2000-02-21
$320,000
ITECH
Listing removed 1999-09-16
$269,000
ITECH
Listed 1999-05-14
$269,000
ITECH
Listing removed 1998-10-08
$260,000
ITECH
Listed 1995-10-27
$260,000
ITECH
Sold 1989-07-13
$345,000
Public Record
$1,950,000
TheMLSCLAW
Listing removed 2024-01-25
$1,595
TheMLSCLAW
Listing removed 2021-06-02
$0
TheMLSCLAW
Listing removed 2021-04-02
$0
TheMLSCLAW
Price Changed for rent 2021-03-16
$1,750
TheMLSCLAW
Price Changed for rent 2021-03-10
$1,775
TheMLSCLAW
Listed for rent 2021-02-09
$1,795
TheMLSCLAW
Price Changed for rent 2021-01-27
$2,495
TheMLSCLAW
Price Changed for rent 2020-12-29
$2,695
TheMLSCLAW
Listed for rent 2020-12-08
$2,795
TheMLSCLAW
Sold 2015-11-03
$985,000
Public Record
Sold 2014-08-28
$825,000
Public Record
Sold 2002-09-19
$437,500
Public Record
Listing removed 2000-08-22
$320,000
ITECH
Listed 2000-02-21
$320,000
ITECH
Listing removed 1999-09-16
$269,000
ITECH
Listed 1999-05-14
$269,000
ITECH
Listing removed 1998-10-08
$260,000
ITECH
Listed 1995-10-27
$260,000
ITECH
Sold 1989-07-13
$345,000
Public Record
Net Operating Income: 113120
Total Square Feet Living: 5580
Year Built: 1958
Levels: Multi Levels
Living Area Source: Vendor Enhanced
Property Age: 66
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Vendor Enhanced
Year Built: 1958
Levels: Multi Levels
Living Area Source: Vendor Enhanced
Property Age: 66
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Vendor Enhanced
Sewer: In Street
Yes Academy is a public elementary school located approximately 0.3 miles away.
Map directions
Map directionsHorace Mann Ucla Community is a public middle and high school located approximately 1.1 miles away.
Map directions
Map directionsNikka Tiffany School is a private elementary school located approximately 0.2 miles away.
Map directions
Map directions
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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.