$1,399,900 Price Analysis   ♡   Los Angeles, CA 90044 6 bed 6 bath 2,864 SqFt ($488/SqFt) 7,003SqFt lot. Built 1925 Listed 2023-11-23, Taxes $3,686 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Great investment property in the heart of South Los Angeles.
This 1925 charmer sits in the Vermont Knolls area centrally located to several major freeways which include the 110 and the 105. This 6 unit building is well maintained and presents pride of ownership. Close to major shopping areas and entertainment venues. LA Live, downtown Los Angeles, Sofi Stadium and the Kia Forum are all less than 6 miles away.
All six units are 1 bedroom and 1 bathroom. Parking is also available in the rear of the building. There are many new apartment developments in the area as well as recreational development. This property presents tremendous potential for the investor looking for cash flow and passive income. The area is experiencing significant urban redevelopment which presen ts many possibilities for the potential buyer. Dn't miss out on a truly tremendous investment opportunity.
Presented by Kyle Skinner at
Southern California Rlty Group.
Property MLS #PW23215795 from CRMLS
Heating: Yes
Lot Size Acres: 0.1607668
Lot Size Source: Assessor
Lot Size Square Feet: 7003
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 1
Bedrooms in Unit-6: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Tenant Pays: All Utilities, Parking Fee
Vacancy Allowance: 24000
Rent Control: Yes
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 3000.00
Area: C34 - Los Angeles Southwest
Source Neighborhood: C34 - Los Angeles Southwest
Number of Separate Gas Meters: 6
Number of Separate Water Meters: 6
Parcel Number: 6020019004
Postal Code Plus 4: 6006
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $114,927 + $123,769 $238,696 | $3,686 |
| 2021 | $112,674 + $121,343 $234,017 | $3,630 |
| 2020 | $111,519 + $120,099 $231,618 | $3,656 |
| 2019 | $109,333 + $117,745 $227,078 | $3,543 |
| 2018 | $107,190 + $115,437 $222,627 | $3,447 |
| 2017 | $105,089 + $113,174 $218,263 | $3,343 |
| 2016 | $103,029 + $110,955 $213,984 | $3,246 |
| 2015 | $101,482 + $109,289 $210,771 | $3,209 |
| 2014 | $99,495 + $107,149 $206,644 | $3,261 |
| 2013 | $99,046 + $106,665 $205,711 | $3,246 |
| 2012 | $97,104 + $104,574 $201,678 | $3,283 |
| 2010 | $95,200 + $102,524 $197,724 | $3,148 |
| 2009 | $94,714 + $102,000 $196,714 | $3,043 |
| 2009 | $94,489 + $101,758 $196,247 | $3,043 |
| 2008 | $92,857 + $100,000 $192,857 | $2,937 |
| 2007 | $91,037 + $98,040 $189,077 | $2,844 |
$1,399,900
CRMLS
Price Changed 2023-12-14
$1,499,900
CRMLS
Listed 2023-11-23
$1,500,000
CRMLS
Sold 1988-08-19
$135,000
Public Record
Year Built: 1925
Building Features: 3
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 99
Property Attached: Yes
Roof: Spanish Tile
Levels or Stories: One
Building Total Stories: 1
Structure Type: Commercial/Residential
House Style: Spanish
Year Built Source: Public Records
Water Source: Public
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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.