$5250000 Price Analysis   ♡   Los Angeles, CA 90024 16 bed 16 bath 10683 SqFt ($491/SqFt) 7697SqFt lot. Built 1986 Listed 2024-05-21, Taxes $38639 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
We are pleased to present for sale 1527 Veteran Avenue
An 8-unit property ideally located in the heart of LA's vibrant Westside. The building was built in 1986 and as such, is NOT subject to the City of Los Angeles Rent Stabilization Ordinance (AB 1482 applies). The property consists of one building with three floors of residential units over one level of gated parking (exempt frm seismic soft story retrofit). The ideal unit mix consists of (5) 2-bedroom, 2-bathroom units and (3) two story roomy 1-bedroom, 2-bathroom units with lofts.
Many interiors have been finished with charming wood flooring, modern cabinetry and upgraded kitchens and bathrooms. The building offers its residents an intercom entry, balconies, fireplaces, pretty landscaping, an on-site laundry room and ample gated parking (8 tandem spaces for a total of 16 spots). Each unit has a fireplace, central HV/AC, large bedrooms and a dynamite floor plan flooded with natural light. In close proximity to some of the best high-end dining and nightlife, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a prestigious turnkey asset in one of the best rental locations in all of Los Angeles.
Presented by Jonathan Taksa at
RE MAX Commercial & Investment Realty.
Property MLS #24-394583 from TheMLSCLAW
Full Bathrooms: 16
Laundry Features: Community
Fireplace Features: Living Room
Heating Features: Central
Lot Size Source: Assessor
Lot Size Square Feet: 7697
Parking Total: 16
Calculated Total Monthly Association Fees: 0
Number of Units: 8
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 2, 1 SquareFeet: 20490, 2 BedsTotal: 1, 2 BathsTotal: 2, 2 SquareFeet: 12294
County: Los Angeles
Cap Rate: 4.19
Directions: North of Santa Monica Blvd, and Just South of Ohio Avenue
Source Property Type: Residential Income
Area: Westwood - Century City
Source Neighborhood: Westwood - Century City
Parcel Number: 4324-023-127
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $1308769 + $1869680 $3178449 | $38639 |
| 2021 | $1283107 + $1833020 $3116127 | $38130 |
| 2020 | $1269951 + $1814225 $3084176 | $38512 |
| 2019 | $1245050 + $1778652 $3023702 | $36662 |
| 2018 | $1220638 + $1743777 $2964415 | $36485 |
| 2017 | $1196704 + $1709586 $2906290 | $35703 |
| 2016 | $1173240 + $1676065 $2849305 | $34829 |
| 2015 | $1155617 + $1650889 $2806506 | $34324 |
| 2014 | $1132981 + $1618551 $2751532 | $34464 |
| 2013 | $1127861 + $1611236 $2739097 | $34459 |
| 2012 | $1105747 + $1579644 $2685391 | $34924 |
| 2010 | $1084066 + $1548671 $2632737 | $34386 |
| 2009 | $1078521 + $1540749 $2619270 | $33135 |
| 2009 | $1075964 + $1537097 $2613061 | $33135 |
| 2008 | $1057374 + $1510539 $2567913 | $31722 |
| 2007 | $1036642 + $1480921 $2517563 | $30671 |
$5250000
TheMLSCLAW
Sold 2023-06-26
$3900000
Public Record
Listing removed 2014-02-28
$2100
WestsideRentals
Listed for rent 2014-02-04
$2100
WestsideRentals
Sold 1990-08-07
$1870000
Public Record
Sold 1984-11-29
$250000
Public Record
Year Built: 1986
Levels: Multi Levels
Living Area Source: Assessor
Property Age: 38
Levels or Stories: 3
Building Total Stories: 3
Year Built Source: Assessor
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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.