$3,090,000 Price Analysis   ♡   Los Angeles, CA 90026 15 bed 8 bath 6,840 SqFt ($451/SqFt) 7,800SqFt lot. Built 1961 Listed 2024-04-08, Taxes $3,692 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
This property is located in an ex cellent location
* Has Contingent Offer *Walking distance to Target, transportation, restaurants and many more. Consists of eight units, seven units are 2 bedrooms and 1 bath and the other unit is 1 bedroom and 1 bath. Individual gas meter and brand-new electrical circuit breaker for each unit. Building exterior was freshly painted last month. Brand new 100-gallon water heater was installed in 2020. Easy commute to DTLA and surrounding areas, buyers and their representatves are responsible to do their own inspections and due diligence to verify and satisfy themselves with all city compliances, restrictions and guidelines of the property. Rents are currently below market, market rents are estimated to be $2, 500 for 2 bedrooms and 1 bath and $2, 000 for 1 bedroom and 1 bath. The Gross schedule income, vacancy allowance and net operating income are based on estimation only, not actual numbers. Don't miss this fantastic investment opportunity!
Do not disturb tenants, drive by only. Offer subject to inspection. Owner is motivated, submit offers.
Presented by Jackson Wong at
Coldwell Banker Dynasty Arc.
Property MLS #AR24068900 from CRMLS
Garage Spaces: 3
Parking Features: Parking YN: Yes, Parking Features: Carport
Parking Total: 8
Lot Size Acres: 0.1790634
Lot Size Source: Assessor
Lot Size Square Feet: 7800
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
Rent Control: Yes
County: Los Angeles
Source Property Type: Residential Income
Area: C21 - Silver Lake - Echo Park
Source Neighborhood: C21 - Silver Lake - Echo Park
Number of Separate Electric Meters: 8
Number of Separate Gas Meters: 8
Number of Separate Water Meters: 1
Parcel Number: 5401009033
Postal Code Plus 4: 3536
Zoning: LARD2
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $173,711 + $42,010 $215,721 | $3,692 |
| 2021 | $170,305 + $41,187 $211,492 | $3,611 |
| 2020 | $168,559 + $40,765 $209,324 | $3,626 |
| 2019 | $165,254 + $39,966 $205,220 | $3,527 |
| 2018 | $162,014 + $39,183 $201,197 | $3,391 |
| 2017 | $158,838 + $38,415 $197,253 | $3,289 |
| 2016 | $155,724 + $37,662 $193,386 | $3,138 |
| 2015 | $153,385 + $37,097 $190,482 | $3,104 |
| 2014 | $150,381 + $36,371 $186,752 | $3,165 |
| 2013 | $149,702 + $36,207 $185,909 | $3,154 |
| 2012 | $146,767 + $35,498 $182,265 | $3,187 |
| 2010 | $143,890 + $34,802 $178,692 | $3,070 |
| 2009 | $143,155 + $34,625 $177,780 | $2,976 |
| 2009 | $142,815 + $34,542 $177,357 | $2,976 |
| 2008 | $140,349 + $33,947 $174,296 | $2,885 |
| 2007 | $137,598 + $33,282 $170,880 | $2,772 |
$3,090,000
CRMLS
Price Changed 2024-05-21
$3,150,000
CRMLS
Price Changed 2024-05-01
$3,250,000
CRMLS
Listed 2024-04-08
$3,490,000
CRMLS
Year Built: 1961
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: front
Property Age: 63
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Public Records
Water Source: Public
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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.