$1,120,000 Price Analysis   ♡   Los Angeles, CA 90015 5 bed 5 bath 2,948 SqFt ($379/SqFt) 7,311SqFt lot. Built 1890 Listed 2024-02-28, Taxes $9,572 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Welcome to this incredible 4-unit property located in a historical zone and moments away from the Staples Center
Downtown LA and Koreatown. This is a rare opportunity to own an investment property with potential for significant rental income. One of the units is a newly built addition, offering modern amenities and stylish finishes and boasting a vast 957 sqft floor plan. Each unit features its own unique layout and charm, provding a variety of options for potential renters.
The newly paved parking area provides plenty of space for tenants, making parking a breeze. Located in a prime location, this property is perfect for those looking to enjoy all the best that Downtown LA has to offer. From fine dining to world-class entertainment, everything is a stone's throw away. Don't miss out on this chance to own a piece of history while generating rental income.
Presented by 'Amy'mi Soon Kim at
Hanbada Realty Inc.
Property MLS #24-363083 from TheMLSCLAW
Full Bathrooms: 5
Heating Features: Wall
Lot Size Source: Assessor
Lot Size Square Feet: 7311
Parking Total: 7
Calculated Total Monthly Association Fees: 0
Number of Units: 4
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 1, 1 SquareFeet: 2500, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 1500, 3 BathsTotal: 1, 3 SquareFeet: 1200, 4 BedsTotal: 2, 4 BathsTotal: 2, 4 SquareFeet: 2550
Tenant Pays: Gas, Electric, Trash
County: Los Angeles
Cap Rate: 4.98
Directions: One block east from S. Union Ave., between Pico and Venice.
Source Property Type: Residential Income
Area: Downtown L.A.
Source Neighborhood: Downtown L.A.
Owner Pays: Water
Parcel Number: 5135-033-013
Postal Code Plus 4: 2718
Zoning: LARD1.5
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $260,000 + $520,000 $780,000 | $9,572 |
| 2021 | $102,053 + $292,459 $394,512 | $5,100 |
| 2020 | $101,007 + $289,461 $390,468 | $5,147 |
| 2019 | $99,027 + $283,786 $382,813 | $4,956 |
| 2018 | $37,329 + $164,306 $201,635 | $2,730 |
| 2017 | $36,598 + $161,085 $197,683 | $2,677 |
| 2016 | $35,881 + $157,927 $193,808 | $2,599 |
| 2015 | $35,343 + $155,555 $190,898 | $2,565 |
| 2014 | $34,651 + $152,508 $187,159 | $2,596 |
| 2013 | $34,495 + $151,819 $186,314 | $2,590 |
| 2012 | $33,819 + $148,843 $182,662 | $2,623 |
| 2010 | $33,156 + $145,925 $179,081 | $2,585 |
| 2009 | $32,988 + $145,180 $178,168 | $2,491 |
| 2009 | $32,909 + $144,835 $177,744 | $2,491 |
| 2008 | $32,342 + $142,334 $174,676 | $2,395 |
| 2007 | $31,708 + $139,544 $171,252 | $2,315 |
$0
TheMLSCLAW
Listed for rent 2024-04-11
$2,600
TheMLSCLAW
Price Changed 2024-03-19
$1,120,000
TheMLSCLAW
Listed 2024-02-28
$1,195,000
TheMLSCLAW
Listing removed 2024-01-25
$2,550
TheMLSCLAW
Listing removed 2023-08-04
$0
TheMLSCLAW
Listed 2023-04-18
$1,260,000
TheMLSCLAW
Sold 2021-08-17
$780,000
TheMLSCLAW
Sold 1987-04-09
$149,000
Public Record
Year Built: 1890
Levels: Two Level
Living Area Source: Builder
Property Age: 134
Property Condition: Updated/Remodeled
Levels or Stories: 1
Building Total Stories: 1
Year Built Source: Vendor Enhanced
Security Features: Gated
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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.