$1,475,000 Price Analysis   ♡   Los Angeles, CA 90011 2 bed 2 bath 4,412 SqFt ($334/SqFt) 4,806SqFt lot. Built 1903 Listed 2024-04-09, Taxes $5,857 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
This presents the perfect opportunity to invest in a consisten t 4-unit property
Including 2 storefronts and 2 apartments, security gated custom rod iron, all generating steady cash flow with growth potential. Monthly Pro Forma Rent is $9, 108 with a 5.34% Pro Forma Cap rate. Additionally, featuring 4 uncovered parking spaces and situated on a corner lot for Mple, this property offers convenience and accessibility.
Located in a burgeoning area with USC and BMO Stadium nearby, the potential for growth is evident. Don't let this fantastic opportunity slip away from you.
Presented by Dan Stueve at
Equity Union.
Property MLS #24-368733 from TheMLSCLAW
Bedrooms: 2
Bedroom 1 Features: All Bedrooms Up
Bedroom 1 Features: All Bedrooms Up
Total Bathrooms: 2
Full Bathrooms: 2
Bathroom 1 Features: Low Flow Toilet(s)
Full Bathrooms: 2
Bathroom 1 Features: Low Flow Toilet(s)
Common Walls
Flooring: Laminate
Flooring: Laminate
Free Standing Gas
Oven
Range Hood
Laundry Facilities: Inside
Laundry Features: Inside
Oven
Range Hood
Laundry Facilities: Inside
Laundry Features: Inside
Living Room
Cooling Features: Wall/Window
Heating Features: Natural Gas
Heating Features: Natural Gas
Water Features: Public
Lot Description: Lot Shape-Rectangular, Lot-Level/Flat, Walk Street
Lot Size Acres: 0.1103306
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 4806
Lot Size Acres: 0.1103306
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 4806
Garage Spaces: 3
Garage Description: Driveway, Garage Is Detached, Garage - 3 Car, Driveway Gate
Parking Total: 7
Garage Description: Driveway, Garage Is Detached, Garage - 3 Car, Driveway Gate
Parking Total: 7
View: City
Other Equipment: Range/Oven, Cable, Garbage Disposal
Security Features: Carbon Monoxide Detector(s), Smoke Detector
Other Equipment: Range/Oven, Cable, Garbage Disposal
Security Features: Carbon Monoxide Detector(s), Smoke Detector
Association: No
Calculated Total Monthly Association Fees: 0
Calculated Total Monthly Association Fees: 0
Number of Buildings: 1
Number of Units: 4
Unit Features: 1 SquareFeet: 28200, 2 BedsTotal: 4, 2 BathsTotal: 2, 2 SquareFeet: 23700
Number of Units: 4
Unit Features: 1 SquareFeet: 28200, 2 BedsTotal: 4, 2 BathsTotal: 2, 2 SquareFeet: 23700
Gross Income: 103800
Tenant Pays: Cable TV
Vacancy Allowance: 5464
Tenant Pays: Cable TV
Vacancy Allowance: 5464
School District: Los Angeles Unified
Dolores Huerta Elementary School is a public elementary school located approximately 0.1 miles away.
Map directions
Map directionsJohn Adams Middle School is a public middle school located approximately 0.3 miles away.
Map directions
Map directionsNava College Preparatory Academy is a public high school located approximately 1.2 miles away.
Map directions
Map directionsSt. Vincent Elementary School is a private elementary and middle school located approximately 0.9 miles away.
Map directions
Map directionsHistorical
Annual Tax Amount: 18438
Source Listing Status: Active
County: Los Angeles
Cross Street: East 30th Street
Cap Rate: 4.97
Directions: See Map
Source Property Type: Residential Income
Area: Downtown L.A.
Source Neighborhood: Downtown L.A.
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Owner Pays: Electricity, Gas, Water
Parcel Number: 5128-007-006
Postal Code Plus 4: 1942
Property Location: Near Public Transit, Park Nearby, City, Corner Lot
Zoning: LAR3
Source System Name: C2C
Annual Tax Amount: 18438
Source Listing Status: Active
County: Los Angeles
Cross Street: East 30th Street
Cap Rate: 4.97
Directions: See Map
Source Property Type: Residential Income
Area: Downtown L.A.
Source Neighborhood: Downtown L.A.
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Owner Pays: Electricity, Gas, Water
Parcel Number: 5128-007-006
Postal Code Plus 4: 1942
Property Location: Near Public Transit, Park Nearby, City, Corner Lot
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $257,440 + $189,139 $446,579 | $5,857 |
| 2021 | $252,393 + $185,431 $437,824 | $5,764 |
| 2020 | $249,806 + $183,530 $433,336 | $5,813 |
| 2019 | $244,908 + $179,932 $424,840 | $5,602 |
| 2018 | $240,106 + $176,404 $416,510 | $5,490 |
| 2017 | $235,399 + $172,946 $408,345 | $5,377 |
| 2016 | $230,784 + $169,555 $400,339 | $5,210 |
| 2015 | $227,318 + $167,009 $394,327 | $5,139 |
| 2014 | $222,866 + $163,738 $386,604 | $5,166 |
| 2013 | $221,859 + $162,998 $384,857 | $5,167 |
| 2012 | $217,509 + $159,802 $377,311 | $5,235 |
| 2010 | $213,245 + $156,669 $369,914 | $5,146 |
| 2009 | $212,155 + $155,869 $368,024 | $4,963 |
| 2009 | $211,652 + $155,499 $367,151 | $4,963 |
| 2008 | $207,996 + $152,813 $360,809 | $4,765 |
| 2007 | $203,918 + $149,817 $353,735 | $4,596 |
Relisted 2024-06-21
$1,475,000
TheMLSCLAW
Listing removed 2024-05-23
$0
TheMLSCLAW
Listed 2024-04-09
$1,475,000
TheMLSCLAW
Sold 2004-12-03
$340,000
ITECH
Listed 2004-08-05
$350,000
ITECH
$1,475,000
TheMLSCLAW
Listing removed 2024-05-23
$0
TheMLSCLAW
Listed 2024-04-09
$1,475,000
TheMLSCLAW
Sold 2004-12-03
$340,000
ITECH
Listed 2004-08-05
$350,000
ITECH
Business Type: 2 Storefront 2 Apartment
Net Operating Income: 73243
Net Operating Income: 73243
Total Square Feet Living: 4412
Year Built: 1903
Building Exterior Type: Stucco, Wood
Common Walls: Attached
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 121
Property Condition: Updated/Remodeled
Roof: Flat
Year Built Source: Vendor Enhanced
Year Built: 1903
Building Exterior Type: Stucco, Wood
Common Walls: Attached
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 121
Property Condition: Updated/Remodeled
Roof: Flat
Year Built Source: Vendor Enhanced
Sewer: In Street
Television: TV Satellite Dish, Cable TV
Television: TV Satellite Dish, Cable TV
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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.