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$1,259,000   Price Analysis
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340 W 62nd St
Los Angeles, CA 90003
10 bed 5 bath 4,112 SqFt ($306/SqFt)
8,155SqFt lot. Built 1915
Listed 2024-05-02, Taxes $6,670
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Corner property has tw address: House = 340 w.

62nd St and 4 units = 6210 Grand Ave. All units are 2 bedrooms and 1 bath. House and 2 units had been upgraded. Property is private secured gate & fences with lock access.

Property is well-maintained. Property has camera system in common area and parking areas. Property has many lights and well led at night. Total 10 parking space, 4 parking spaces in the front & 6 parking in the back. Each unit has 2 parking spaces.


Presented by Tony Lee at
Elite Homes Realty.


Property MLS #OC24082294 from CRMLS

Bedrooms: 10

All Bedrooms Down

Full Bathrooms: 5

Heating Features: Wall Furnace
Heating: Yes

Door Features: Atrium Doors
Flooring: Vinyl
Window Features: Blinds

Lighting
Fencing: Fence YN: Yes, Fencing: Chain Link
Road Frontage Type: City Street

Lot Description: 2-5 Units/Acre
Lot Size Acres: 0.187213
Lot Size Source: Assessor
Lot Size Square Feet: 8155

Garage Spaces: 10
Parking Features: Parking YN: Yes, Parking Features: Assigned
Parking Total: 10

Number of Units: 5
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 2
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

Calculated Total Monthly Association Fees: 0

Tenant Pays: Electricity, Gas
Rent Control: Yes

Community Features: Sidewalks

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 3779.00
Area: C42 - Downtown L.A.
Source Neighborhood: C42 - Downtown L.A.
New Taxes Expense: 14375.00
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 5
Number of Separate Water Meters: 1
Parcel Number: 6005003044
Postal Code Plus 4: 1412
Trash Expense: 3193.00
Zoning: LAR2
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$241,452 + $241,452
$482,904
$6,670
2021$236,718 + $236,718
$473,436
$6,574
2020$234,291 + $234,291
$468,582
$6,628
2019$229,698 + $229,698
$459,396
$6,400
2018$225,195 + $225,195
$450,390
$6,271
2017$220,780 + $220,780
$441,560
$6,102
2016$216,451 + $216,451
$432,902
$5,932
2015$213,200 + $213,200
$426,400
$5,856
2014$209,024 + $209,024
$418,048
$5,899
2013$208,080 + $208,080
$416,160
$5,889
2012$204,000 + $204,000
$408,000
$5,963
2010$130,000 + $220,000
$350,000
$4,380
2009$171,948 + $116,572
$288,520
$4,235
2009$171,540 + $116,295
$287,835
$4,235
2008$168,577 + $114,287
$282,864
$4,080
2007$165,272 + $112,047
$277,319
$3,943

Listed 2024-05-02
$1,259,000
CRMLS
Listing removed 2024-02-22
$0
CRMLS
Price Changed 2023-10-11
$1,199,000
CRMLS
Listed 2023-06-28
$1,250,000
CRMLS
Sold 2022-07-29
$870,000
TheMLSCLAW

Net Operating Income: 70503.00

Total Square Feet Living: 4112
Year Built: 1915
Building Features: 2
Common Walls: 1 Common Wall
Construction Materials: Frame
Direction Faces: West
Entry Level: 1
Entry Location: 1
Foundation Details: Raised, Slab
Property Age: 109
Property Attached: Yes
Property Condition: Repairs Cosmetic
Roof: Shingle
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
House Style: Bungalow
Year Built Source: Assessor

Electric: Standard
Sewer: Sewer: Public Sewer, Water Sewer Expense: 3358.00
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Source: Public

Parking

Sixty-First Street Elementary School is a public elementary school located approximately 0.1 miles away.
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Mary Mcleod Bethune Middle School is a public middle school located approximately 0.4 miles away.
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Academy For Multiligual Arts And Science At Mervyn M. Dymally High is a public high school located approximately 1.8 miles away.
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St. Columbkille Elementary School is a private elementary and middle 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.