$850,000 Price Analysis   ♡   Los Angeles, CA 90011 9 bed 4 bath 2,589 SqFt ($328/SqFt) 4,772SqFt lot. Built 1924 Listed 2024-03-17, Taxes $6,162 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
EXECUTIVE SUMMARY This Apartment an 2-unit apartment building.
Built in 1924 and nestled in the Los Angeles, this property stands as one of the most attractive multifamily investments in the entire county, boasting a compelling Capitaliza tion Rate (CAP rate) on current rentl income.
A rare opportunity to take advantage of positive leverage, This apartment, each generously proportioned to function as complete Four-bedroom bath units and Five bedroom one and bath.
Presented by Mooney Lee at
Action Realty Task Holdings.
Property MLS #PW24052353 from CRMLS
Bedrooms: 9
Full Bathrooms: 4
Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.10955
Lot Size Source: Assessor
Lot Size Square Feet: 4772
Lot Size Acres: 0.10955
Lot Size Source: Assessor
Lot Size Square Feet: 4772
Parking Features: Parking YN: Yes, Parking Features: Concrete
Parking Total: 6
Parking Total: 6
Number of Units: 2
Bedrooms in Unit-1: 4
Bedrooms in Unit-2: 5
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Bedrooms in Unit-1: 4
Bedrooms in Unit-2: 5
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Vacancy Allowance: 1000
Rent Control: Yes
Rent Control: Yes
Community Features: Park
Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 3000.00
Area: C16 - Mid Los Angeles
Source Neighborhood: C16 - Mid Los Angeles
Parcel Number: 5103009011
Postal Code Plus 4: 4634
Trash Expense: 3600.00
Zoning: LAR2
Source System Name: C2C
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 3000.00
Area: C16 - Mid Los Angeles
Source Neighborhood: C16 - Mid Los Angeles
Parcel Number: 5103009011
Postal Code Plus 4: 4634
Trash Expense: 3600.00
Zoning: LAR2
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $240,600 + $257,005 $497,605 | $6,162 |
| 2021 | $235,883 + $251,966 $487,849 | $6,076 |
| 2020 | $233,465 + $249,383 $482,848 | $6,133 |
| 2019 | $228,888 + $244,494 $473,382 | $5,897 |
| 2018 | $224,400 + $239,700 $464,100 | $5,829 |
| 2017 | $220,000 + $235,000 $455,000 | $5,703 |
| 2016 | $165,684 + $176,040 $341,724 | $4,309 |
| 2015 | $163,196 + $173,396 $336,592 | $4,248 |
| 2014 | $160,000 + $170,000 $330,000 | $4,273 |
| 2013 | $271,893 + $313,723 $585,616 | $7,421 |
| 2012 | $266,562 + $307,572 $574,134 | $7,520 |
| 2010 | $261,336 + $301,542 $562,878 | $7,362 |
| 2009 | $260,000 + $300,000 $560,000 | $7,095 |
| 2009 | $259,383 + $299,289 $558,672 | $7,095 |
| 2008 | $290,700 + $336,600 $627,300 | $7,724 |
| 2007 | $346,494 + $168,300 $514,794 | $6,289 |
Price Changed 2024-05-29
$850,000
CRMLS
Price Changed 2024-05-11
$795,000
CRMLS
Price Changed 2024-04-05
$850,000
CRMLS
Listed 2024-03-17
$900,000
CRMLS
Listing removed 2019-06-21
$0
TheMLSCLAW
Price Changed 2019-04-19
$690,000
TheMLSCLAW
Relisted 2019-04-13
$795,000
TheMLSCLAW
Listing removed 2019-04-12
$0
TheMLSCLAW
Listed 2018-12-27
$795,000
TheMLSCLAW
Sold 2016-10-12
$455,000
CRMLS
Relisted 2016-08-19
$485,000
CRMLS
Listing removed 2016-08-11
$485,000
CRMLS
Relisted 2016-08-02
$485,000
CRMLS
Listing removed 2016-07-26
$485,000
CRMLS
Listed 2016-06-21
$485,000
CRMLS
Sold 2013-08-07
$330,000
Public Record
Listing removed 2013-04-10
$299,500
TheMLSCLAW
Listing removed 2013-04-09
$299,500
ITECH
Relisted 2013-03-27
$299,500
TheMLSCLAW
Listing removed 2013-03-25
$299,500
TheMLSCLAW
Listed 2013-01-24
$299,500
ITECH
Listed 2013-01-24
$299,500
TheMLSCLAW
Listing removed 2008-10-28
$435,900
ITECH
Listed 2008-05-28
$435,900
ITECH
Listing removed 2007-02-10
$565,000
ITECH
Listed 2006-08-09
$565,000
ITECH
Sold 2004-03-16
$305,000
ITECH
Listed 2003-08-05
$295,000
ITECH
Listing removed 2002-12-31
$239,000
ITECH
Sold 2002-11-12
$239,000
Public Record
Listed 2002-07-31
$239,000
ITECH
Sold 2002-06-25
$182,000
Public Record
Sold 2000-05-11
$135,000
Public Record
Sold 1997-06-20
$180,000
Public Record
Sold 1997-04-16
$95,000
Public Record
$850,000
CRMLS
Price Changed 2024-05-11
$795,000
CRMLS
Price Changed 2024-04-05
$850,000
CRMLS
Listed 2024-03-17
$900,000
CRMLS
Listing removed 2019-06-21
$0
TheMLSCLAW
Price Changed 2019-04-19
$690,000
TheMLSCLAW
Relisted 2019-04-13
$795,000
TheMLSCLAW
Listing removed 2019-04-12
$0
TheMLSCLAW
Listed 2018-12-27
$795,000
TheMLSCLAW
Sold 2016-10-12
$455,000
CRMLS
Relisted 2016-08-19
$485,000
CRMLS
Listing removed 2016-08-11
$485,000
CRMLS
Relisted 2016-08-02
$485,000
CRMLS
Listing removed 2016-07-26
$485,000
CRMLS
Listed 2016-06-21
$485,000
CRMLS
Sold 2013-08-07
$330,000
Public Record
Listing removed 2013-04-10
$299,500
TheMLSCLAW
Listing removed 2013-04-09
$299,500
ITECH
Relisted 2013-03-27
$299,500
TheMLSCLAW
Listing removed 2013-03-25
$299,500
TheMLSCLAW
Listed 2013-01-24
$299,500
ITECH
Listed 2013-01-24
$299,500
TheMLSCLAW
Listing removed 2008-10-28
$435,900
ITECH
Listed 2008-05-28
$435,900
ITECH
Listing removed 2007-02-10
$565,000
ITECH
Listed 2006-08-09
$565,000
ITECH
Sold 2004-03-16
$305,000
ITECH
Listed 2003-08-05
$295,000
ITECH
Listing removed 2002-12-31
$239,000
ITECH
Sold 2002-11-12
$239,000
Public Record
Listed 2002-07-31
$239,000
ITECH
Sold 2002-06-25
$182,000
Public Record
Sold 2000-05-11
$135,000
Public Record
Sold 1997-06-20
$180,000
Public Record
Sold 1997-04-16
$95,000
Public Record
Net Operating Income: 45692.00
Total Square Feet Living: 2589
Year Built: 1924
Building Features: 1
Common Walls: 1 Common Wall
Entry Level: 2
Entry Location: South
Property Age: 100
Property Attached: Yes
Building Total Stories: 2
Structure Type: Single Family Residence
Year Built Source: Seller
Year Built: 1924
Building Features: 1
Common Walls: 1 Common Wall
Entry Level: 2
Entry Location: South
Property Age: 100
Property Attached: Yes
Building Total Stories: 2
Structure Type: Single Family Residence
Year Built Source: Seller
Electric Expense: 10800.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 3600.00
Water Source: Public
Sewer: Sewer: Public Sewer, Water Sewer Expense: 3600.00
Water Source: Public
Los Angeles Academy Middle is a public middle school located approximately 0.1 miles away.
Map directions
Map directionsAurora Elementary School is a public elementary school located approximately 0.4 miles away.
Map directions
Map directionsNava College Preparatory Academy is a public high school located approximately 1.4 miles away.
Map directions
Map directionsVictory Baptist Day Elementary School is a private elementary, middle and high school located approximately 0.6 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.