$1,200,000 Price Analysis   ♡   Los Angeles, CA 90001 5 bed 7 bath 4,568 SqFt ($262/SqFt) 9,433SqFt lot. Built 1901 Listed 2024-03-11, Taxes $12,091 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
7-unit apartment building.
There are 2 buildings with a unit mix of (3) studios, (3) one-bedroom, one-bathroom units and (1) two-bedroom, one-bathroom unit. Prime investment opportunity with significant value add potential, 90% rental upside.
The property is situat ed in the Florence-Graham area and is a few miles away from Downtown and a short distance to mny restaurants, retail outlets and metro stations.
Presented by Miguel Pompa at
Remax New Dimension.
Property MLS #PW24044088 from CRMLS
Bedrooms: 5
Appliances: Gas Oven, Gas Range, Gas Water Heater
Appliances YN: Yes
Laundry Features: Gas Dryer Hookup, Washer Hookup
Appliances YN: Yes
Laundry Features: Gas Dryer Hookup, Washer Hookup
Living Room, Main Floor Bedroom
Full Bathrooms: 7
Fireplace Features: Family Room
Heating Features: Wall Furnace
Heating: Yes
Heating Features: Wall Furnace
Heating: Yes
Fencing: Fence YN: Yes, Fencing: Chain Link
Road Frontage Type: City Street
Road Surface Type: Paved
Road Frontage Type: City Street
Road Surface Type: Paved
Lot Description: Corner Lot
Lot Size Acres: 0.2165519
Lot Size Source: Assessor
Lot Size Square Feet: 9433
Lot Size Acres: 0.2165519
Lot Size Source: Assessor
Lot Size Square Feet: 9433
Parking Features: Parking YN: Yes, Parking Features: Driveway, Concrete
Number of Units: 7
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 1
Bedrooms in Unit-6: 1
Bedrooms in Unit-7: 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
Total Bathrooms in Unit-6: 1
Total Bathrooms in Unit-7: 1
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 1
Bedrooms in Unit-6: 1
Bedrooms in Unit-7: 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
Total Bathrooms in Unit-6: 1
Total Bathrooms in Unit-7: 1
Calculated Total Monthly Association Fees: 0
Gardener Expense: 1200.00
Gardener Expense: 1200.00
Rent Control: Yes
Community Features: Curbs, Sidewalks, Storm Drains, Street Lights
Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 7363.00
Area: C42 - Downtown L.A.
Source Neighborhood: C42 - Downtown L.A.
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 1
Parcel Number: 6009026047
Postal Code Plus 4: 2010
Zoning: LCR4YY
Source System Name: C2C
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 7363.00
Area: C42 - Downtown L.A.
Source Neighborhood: C42 - Downtown L.A.
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 1
Parcel Number: 6009026047
Postal Code Plus 4: 2010
Zoning: LCR4YY
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $382,774 + $437,457 $820,231 | $12,091 |
| 2021 | $375,269 + $428,880 $804,149 | $11,946 |
| 2020 | $371,422 + $424,483 $795,905 | $12,026 |
| 2019 | $364,140 + $416,160 $780,300 | $11,608 |
| 2018 | $44,640 + $28,404 $73,044 | $3,260 |
| 2017 | $43,765 + $27,848 $71,613 | $3,217 |
| 2016 | $42,907 + $27,302 $70,209 | $3,109 |
| 2015 | $42,263 + $26,892 $69,155 | $3,077 |
| 2014 | $41,436 + $26,366 $67,802 | $3,096 |
| 2013 | $41,249 + $26,247 $67,496 | $3,050 |
| 2012 | $40,441 + $25,733 $66,174 | $3,041 |
| 2010 | $39,649 + $25,229 $64,878 | $3,167 |
| 2009 | $39,447 + $25,101 $64,548 | $3,072 |
| 2009 | $39,353 + $25,041 $64,394 | $3,072 |
| 2008 | $38,674 + $24,609 $63,283 | $2,985 |
| 2007 | $37,916 + $24,127 $62,043 | $3,226 |
Listed 2024-03-11
$1,200,000
CRMLS
Sold 1977-12-20
$28,000
Public Record
$1,200,000
CRMLS
Sold 1977-12-20
$28,000
Public Record
Net Operating Income: 38574.00
Total Square Feet Living: 4568
Year Built: 1901
Building Features: 2
Common Walls: 2+ Common Walls
Construction Materials: Drywall Walls
Entry Level: 1
Entry Location: 7
Foundation Details: Raised, Slab
Property Age: 123
Property Attached: Yes
Property Condition: Repairs Cosmetic
Roof: Shingle
Levels or Stories: One
Building Total Stories: 1
Structure Type: Apartment
Year Built Source: Public Records
Year Built: 1901
Building Features: 2
Common Walls: 2+ Common Walls
Construction Materials: Drywall Walls
Entry Level: 1
Entry Location: 7
Foundation Details: Raised, Slab
Property Age: 123
Property Attached: Yes
Property Condition: Repairs Cosmetic
Roof: Shingle
Levels or Stories: One
Building Total Stories: 1
Structure Type: Apartment
Year Built Source: Public Records
Electric Expense: 7970.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 3060.00
Cable Connected
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
Water Source: Public
Sewer: Sewer: Public Sewer, Water Sewer Expense: 3060.00
Cable Connected
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
Water Source: Public
Florence Avenue Elementary School is a public elementary school located approximately 0.3 miles away.
Map directions
Map directionsThomas A. Edison Middle School is a public middle school located approximately 0.6 miles away.
Map directions
Map directionsAlliance Collins Family College-Ready High is a public high school located approximately 0.4 miles away.
Map directions
Map directionsSt. Aloysius School is a private elementary and middle school located approximately 0.7 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.