$1,195,000 Price Analysis   ♡   Los Angeles, CA 90015 8 bed 4 bath 3,784 SqFt ($315/SqFt) 5,020SqFt lot. Built 1920 Listed 2024-03-25, Taxes $9,809 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
We are pleased to present the opportunity to acquire 1102 W.
18th Street, a four (4) unit multifamily investment, located in Downtown LA. This two-story building was constructed of wood fr ame and stucc on a raised foundation, featuring a total square footage of 3, 784 SF on a 5, 020 SF lot. The unit mix consists of four (4) open 2-bedroom + 1-bathroom units, of which two (2) units will be delivered vacant upon the close of escrow.
Given the location, attractive local area amenities and opportunity to increase rental income, this investment presents an excellent opportunity for an investor to acquire a unique premier property in the attractive Downtown LA submarket that will provide exponential returns.
Presented by Davis Saadian at
Carolwood Estates.
Property MLS #24-372485 from TheMLSCLAW
Full Bathrooms: 4
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 5020
Calculated Total Monthly Association Fees: 0
Number of Units: 4
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 1, 1 SquareFeet: 2575, 2 BedsTotal: 2, 2 BathsTotal: 1, 2 SquareFeet: 2575, 3 BedsTotal: 2, 3 BathsTotal: 1, 3 SquareFeet: 2575, 4 BedsTotal: 2, 4 BathsTotal: 1, 4 SquareFeet: 2575
County: Los Angeles
Cap Rate: 6
Directions: 1102 W. 18th Street, Los Angeles 90015
Source Property Type: Residential Income
Area: Downtown L.A.
Source Neighborhood: Downtown L.A.
Parcel Number: 5135-015-023
Postal Code Plus 4: 3326
Zoning: LARD1.5
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $316,804 + $476,324 $793,128 | $9,809 |
| 2021 | $310,593 + $466,985 $777,578 | $9,671 |
| 2020 | $307,409 + $462,197 $769,606 | $9,765 |
| 2019 | $301,382 + $453,135 $754,517 | $9,389 |
| 2018 | $295,473 + $444,250 $739,723 | $9,265 |
| 2017 | $300,000 + $500,000 $800,000 | $9,962 |
| 2016 | $146,377 + $146,377 $292,754 | $3,850 |
| 2015 | $144,179 + $144,179 $288,358 | $3,798 |
| 2014 | $141,355 + $141,355 $282,710 | $3,838 |
| 2013 | $140,717 + $140,717 $281,434 | $3,832 |
| 2012 | $137,958 + $137,958 $275,916 | $3,883 |
| 2010 | $135,253 + $135,253 $270,506 | $3,826 |
| 2009 | $134,562 + $134,562 $269,124 | $3,685 |
| 2009 | $134,243 + $134,243 $268,486 | $3,685 |
| 2008 | $131,924 + $131,924 $263,848 | $3,540 |
| 2007 | $129,338 + $129,338 $258,676 | $3,414 |
$1,195,000
TheMLSCLAW
Listing removed 2024-02-28
$0
CRMLS
Relisted 2024-02-25
$1,300,000
CRMLS
Listing removed 2024-02-17
$0
CRMLS
Listing removed 2024-02-17
$0
CRMLS
Listed 2023-11-22
$1,300,000
CRMLS
Listed 2023-11-22
$1,300,000
CRMLS
Listing removed 2022-09-21
$0
TheMLSCLAW
Listed 2022-07-20
$1,250,000
TheMLSCLAW
Sold 2016-02-05
$711,000
CRMLS
Relisted 2016-01-18
$735,000
CRMLS
Listing removed 2015-12-16
$715,000
CRMLS
Relisted 2015-12-11
$715,000
CRMLS
Listing removed 2015-11-02
$715,000
CRMLS
Relisted 2015-08-10
$715,000
CRMLS
Listing removed 2015-07-30
$715,000
CRMLS
Price Changed 2015-05-13
$715,000
CRMLS
Listed 2014-12-15
$735,000
CRMLS
Sold 2000-08-22
$230,000
Public Record
Listing removed 2000-02-20
$215,000
ITECH
Listed 1999-10-19
$215,000
ITECH
Listing removed 1999-01-01
$199,500
ITECH
Listed 1998-09-30
$199,500
ITECH
Sold 1986-02-25
$145,000
Public Record
Year Built: 1920
Levels: Multi Levels
Living Area Source: Vendor Enhanced
Property Age: 104
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Vendor Enhanced
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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.