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$1,600,000   Price Analysis
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1143 N Commonwealth Ave
Los Angeles, CA 90029
4 bed 4 bath 3,148 SqFt ($508/SqFt)
6,252SqFt lot. Built 1925
Listed 2024-06-04, Taxes $17,463
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Investor or builder Incredible opportunity to own a 4 plex in an impressive Silver Lake location

Close to we ll-known award-winning restaurants and fantastic shops.There re possibilities to build extra units or demo the entire existing building and build a new building.5-minute walk toErewhon, under 10 Minute walk to Sweet Greens, Pine and Crane, Bacari Silver Lake, Bowery Bungalow and Millie's Cafe.

Investor or builder Incredible opportunity to own a 4 plex in an impressive Silver Lake location, close to we ll-known award-winning restaurants and fantastic shops.There re possibilities to build extra units or demo the entire existing building and build a new building.5-minute walk toErewhon, under 10 Minute walk to Sweet Greens, Pine and Crane, Bacari Silver Lake, Bowery Bungalow and Millie's Cafe.


Presented by Amir Mehdi Mahmoudiani at
KW Advisors.


Property MLS #24-399795 from TheMLSCLAW

Bedrooms: 4

Total Bathrooms: 4
Full Bathrooms: 4

Laundry Facilities: In Unit
Laundry Features: In Unit

Heating Features: Wall

Lot Size Acres: 0.1435262
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6252

Garage Description: Assigned

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 4
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 2700, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 2700, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 2700, 4 BedsTotal: 1, 4 BathsTotal: 1, 4 SquareFeet: 2700

Source Listing Status: Active
County: Los Angeles
Cap Rate: 4.2
Directions: South of Fountain Ave, west of Sunset Blvd, north of Santa Monica Blvd, east of Virgil Ave.
Source Property Type: Residential Income
Area: Silver Lake - Echo Park
Source Neighborhood: Silver Lake - Echo Park
Parcel Number: 5542-025-027
Postal Code Plus 4: 2055
Zoning: LAR2
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$350,000 + $1,100,000
$1,450,000
$17,463
2021$36,933 + $29,640
$66,573
$1,321
2020$36,555 + $29,337
$65,892
$1,325
2019$35,839 + $28,762
$64,601
$1,293
2018$35,137 + $28,199
$63,336
$1,160
2017$34,449 + $27,647
$62,096
$1,140
2016$33,774 + $27,105
$60,879
$1,078
2015$33,267 + $26,698
$59,965
$1,067
2014$32,616 + $26,176
$58,792
$1,099
2013$32,469 + $26,058
$58,527
$1,099
2012$31,833 + $25,548
$57,381
$1,113
2010$31,209 + $25,048
$56,257
$1,112
2009$31,050 + $24,921
$55,971
$1,077
2009$30,976 + $24,861
$55,837
$1,077
2008$30,442 + $24,433
$54,875
$1,048
2007$29,846 + $23,954
$53,800
$1,004

Listed 2024-06-04
$1,600,000
TheMLSCLAW
Listing removed 2022-04-15
$0
TheMLSCLAW
Listed 2022-02-17
$1,799,000
TheMLSCLAW
Sold 2021-11-24
$1,450,000
TheMLSCLAW

Net Operating Income: 66274

Total Square Feet Living: 3148
Year Built: 1925
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 99
Year Built Source: Vendor Enhanced

Lockwood Avenue Elementary School is a public elementary school located approximately 0.3 miles away.
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Thomas Starr King Middle School is a public middle school located approximately 0.4 miles away.
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John Marshall Senior High School is a public high school located approximately 1.2 miles away.
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The Best Start Preparatory Academy is a private elementary, middle and high school located approximately 0.3 miles away.
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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.