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$1,500,000   Price Analysis
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2833 Huron St
Los Angeles, CA 90065
6 bed 10 bath 4,116 SqFt ($364/SqFt)
7,498SqFt lot. Built 1950
Listed 2024-06-04, Taxes $15,696		Ⓧ USDA Ineligible
due to price & location
near Los Angeles

Priced at $150k/unit!

2833 Huron St is a prime 10 unit investment property located in the Cypress Park neighborhood of Los Angeles. There is still 92% upside available in monthly rental income. The subject property is comprised of (1) 2Bed/1Bath, (4) 1Bed/1Bath and (5) Studio /1Bath units.

Three Studio/1Bath units can be delivered vacant, ffering immediate upside. There is also a laundry room on site for additional income. 2833 Huron St is conveniently located minutes from Downtown Los Angeles, with easy access to the 110 and 5 freeways. There are many shops and restaurants nearby, making it a prime location for renters.


Presented by Cameron Samimi at
Lyon Stahl Investment Re, Inc.


Property MLS #SB24109684 from CRMLS

Bedrooms: 6

Laundry Features: Inside

Full Bathrooms: 10

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.1721304
Lot Size Source: Assessor
Lot Size Square Feet: 7498

Number of Units: 10
Bedrooms in Unit-1: 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
Total Bathrooms in Unit-8: 1
Total Bathrooms in Unit-9: 1
Total Bathrooms in Unit-10: 1

Rent Control: Yes

Community Features: Urban

Source Listing Status: Active
County: Los Angeles
Cap Rate: 4.61
Source Property Type: Residential Income
Area: C24 - Northern
Source Neighborhood: C24 - Northern
Number of Separate Electric Meters: 10
Number of Separate Gas Meters: 10
Number of Separate Water Meters: 1
Parcel Number: 5446008007
Zoning: LARD2
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2021$600,000 + $655,000
$1,255,000		$15,696
2020$598,230 + $624,240
$1,222,470		$15,612
2019$586,500 + $612,000
$1,198,500		$15,016
2018$575,000 + $600,000
$1,175,000		$14,922
2017$306,000 + $382,500
$688,500		$9,034
2016$304,575 + $380,718
$685,293		$8,926
2015$300,000 + $375,000
$675,000		$8,804
2014$208,766 + $289,955
$498,721		$6,909
2013$207,823 + $288,645
$496,468		$6,909
2012$203,749 + $282,986
$486,735		$6,996
2010$199,754 + $277,438
$477,192		$6,767
2009$198,733 + $276,020
$474,753		$6,536
2009$198,262 + $275,365
$473,627		$6,536
2008$194,837 + $270,608
$465,445		$6,280
2007$191,017 + $265,302
$456,319		$6,073

Relisted 2024-07-08
$1,500,000
CRMLS
Listing removed 2024-07-04
$0
CRMLS
Listed 2024-06-04
$1,500,000
CRMLS
Listing removed 2023-12-21
$0
TheMLSCLAW
Listing removed 2023-11-15
$1,395,000
TheMLSCLAW
Listed 2023-08-07
$1,395,000
TheMLSCLAW
Listing removed 2022-09-30
$0
TheMLSCLAW
Price Changed 2022-09-26
$1,395,000
TheMLSCLAW
Listed 2022-09-08
$1,495,000
TheMLSCLAW
Listing removed 2022-02-05
$0
TheMLSCLAW
Listed 2022-01-21
$1,695,000
TheMLSCLAW
Sold 2020-11-13
$1,255,000
CRISNET
Sold 2017-10-31
$1,175,000
CRISNET
Relisted 2016-11-28
$1,375,000
CRISNET
Listing removed 2016-11-20
$1,400
AppfolioUnits
Listing removed 2016-08-17
$1,395,000
CRISNET
Price Changed for rent 2016-06-25
$1,400
AppfolioUnits
Relisted 2016-06-21
$1,395,000
CRISNET
Listed for rent 2016-06-17
$1,295
AppfolioUnits
Listing removed 2016-06-10
$1,395,000
CRISNET
Listing removed 2016-04-18
$1,095
AppfolioUnits
Listed for rent 2016-04-16
$1,095
AppfolioUnits
Listed 2016-03-21
$1,395,000
CRISNET
Sold 2014-12-02
$675,000
Public Record
Listing removed 2013-10-12
$665,000
CRMLS
Price Changed 2013-06-27
$665,000
CRMLS
Listed 2013-06-19
$699,000
CRMLS
Sold 2003-10-14
$430,000
Public Record
Sold 1990-04-25
$333,000
Public Record
Sold 1983-05-27
$179,500
Public Record

Net Operating Income: 69107.00

Total Square Feet Living: 4116
Year Built: 1950
Building Features: 2
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: Front
Property Age: 74
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor

Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00
Water Source: Public

Florence Nightingale Middle School is a public middle school located approximately 0.1 miles away.
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Loreto Street Elementary School is a public elementary school located approximately 0.3 miles away.
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Benjamin Franklin Senior High School is a public middle and high school located approximately 2.4 miles away.
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Sacred Heart Elementary School is a private elementary and middle school located approximately 1.2 miles away.
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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.