$3200000 Price Analysis   ♡   Los Angeles, CA 90038 16 bed 16 bath 7470 SqFt ($428/SqFt) 6499SqFt lot. Built 1989 Listed 2024-06-18, Taxes $50641 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Great 8 Unit Apartment building located in Hollywood!
This building is an 1989 construc tion 8 unit apartment building with all units being 2 Bedroom and 2 Baths. Ths property is conveniently located near main Hollywood attractions, Paramount pictures and many restaurants / shops when heading west on Melrose.
Don't miss on out this extraordinary investment opportunity!
Presented by Frederick Okuda at
Adw Management Usa, Inc.
Property MLS #SB24124024 from CRMLS
Bedrooms: 16
Laundry Features: Common Area
Full Bathrooms: 16
Carport Spaces: 8
Garage Spaces: 8
Parking Features: Parking YN: Yes, Parking Features: Assigned
Parking Total: 8
Garage Spaces: 8
Parking Features: Parking YN: Yes, Parking Features: Assigned
Parking Total: 8
Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.1491965
Lot Size Source: Assessor
Lot Size Square Feet: 6499
Lot Size Acres: 0.1491965
Lot Size Source: Assessor
Lot Size Square Feet: 6499
Number of Units: 8
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 2
Bedrooms in Unit-6: 2
Bedrooms in Unit-7: 2
Bedrooms in Unit-8: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 2
Total Bathrooms in Unit-4: 2
Total Bathrooms in Unit-5: 2
Total Bathrooms in Unit-6: 2
Total Bathrooms in Unit-7: 2
Total Bathrooms in Unit-8: 2
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
Unit-4 Garage Spaces: 1
Unit-5 Garage Spaces: 1
Unit-6 Garage Spaces: 1
Unit-7 Garage Spaces: 1
Unit-8 Garage Spaces: 1
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 2
Bedrooms in Unit-6: 2
Bedrooms in Unit-7: 2
Bedrooms in Unit-8: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 2
Total Bathrooms in Unit-4: 2
Total Bathrooms in Unit-5: 2
Total Bathrooms in Unit-6: 2
Total Bathrooms in Unit-7: 2
Total Bathrooms in Unit-8: 2
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
Unit-4 Garage Spaces: 1
Unit-5 Garage Spaces: 1
Unit-6 Garage Spaces: 1
Unit-7 Garage Spaces: 1
Unit-8 Garage Spaces: 1
Calculated Total Monthly Association Fees: 0
Gardener Expense: 3920.00
Maintenance Expense: 8000.00
Gardener Expense: 3920.00
Maintenance Expense: 8000.00
Number of Units Leased: 8
Tenant Pays: Electricity, Gas
Vacancy Allowance: 7706
Tenant Pays: Electricity, Gas
Vacancy Allowance: 7706
Community Features: Sidewalks
Source Listing Status: Active
County: Los Angeles
Cap Rate: 5.01
Other Expense: 2000.00
Source Property Type: Residential Income
Insurance Expense: 5677.00
Area: C20 - Hollywood
Source Neighborhood: C20 - Hollywood
New Taxes Expense: 39624.00
Number of Separate Electric Meters: 9
Number of Separate Gas Meters: 9
Number of Separate Water Meters: 1
Parcel Number: 5534028009
Pest Control Expense: 516.00
Postal Code Plus 4: 2704
Professional Management Expense: 9966.00
Trash Expense: 8785.00
Zoning: LAR3
Source System Name: C2C
County: Los Angeles
Cap Rate: 5.01
Other Expense: 2000.00
Source Property Type: Residential Income
Insurance Expense: 5677.00
Area: C20 - Hollywood
Source Neighborhood: C20 - Hollywood
New Taxes Expense: 39624.00
Number of Separate Electric Meters: 9
Number of Separate Gas Meters: 9
Number of Separate Water Meters: 1
Parcel Number: 5534028009
Pest Control Expense: 516.00
Postal Code Plus 4: 2704
Professional Management Expense: 9966.00
Trash Expense: 8785.00
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $1018591 + $3216605 $4235196 | $50641 |
| 2021 | $998619 + $3153535 $4152154 | $50016 |
| 2020 | $988380 + $3121200 $4109580 | $50544 |
| 2019 | $969000 + $3060000 $4029000 | $48535 |
| 2018 | $950000 + $3000000 $3950000 | $48356 |
| 2017 | $1250000 + $1875000 $3125000 | $38434 |
| 2016 | $487320 + $1116775 $1604095 | $20158 |
| 2015 | $480000 + $1100000 $1580000 | $19885 |
| 2014 | $250755 + $313446 $564201 | $7857 |
| 2013 | $249622 + $312030 $561652 | $7841 |
| 2012 | $244728 + $305912 $550640 | $7943 |
| 2010 | $239930 + $299914 $539844 | $7727 |
| 2009 | $238703 + $298381 $537084 | $7451 |
| 2009 | $238137 + $297673 $535810 | $7451 |
| 2008 | $234023 + $292531 $526554 | $7162 |
| 2007 | $229435 + $286796 $516231 | $6910 |
Listed 2024-06-18
$3200000
CRMLS
Listing removed 2024-01-18
$0
CRMLS
Price Changed 2023-11-07
$3600000
CRMLS
Price Changed 2023-06-20
$3700000
CRMLS
Price Changed 2023-06-07
$3880000
CRMLS
Price Changed 2023-04-27
$3920000
CRMLS
Price Changed 2023-03-20
$3980000
CRMLS
Listed 2023-01-17
$4100000
CRMLS
Sold 2017-07-27
$3950000
Public Record
Sold 2016-12-12
$3125000
Public Record
Sold 2014-07-25
$1580000
Public Record
Sold 1999-12-13
$450000
Public Record
Sold 1990-10-11
$850000
Public Record
$3200000
CRMLS
Listing removed 2024-01-18
$0
CRMLS
Price Changed 2023-11-07
$3600000
CRMLS
Price Changed 2023-06-20
$3700000
CRMLS
Price Changed 2023-06-07
$3880000
CRMLS
Price Changed 2023-04-27
$3920000
CRMLS
Price Changed 2023-03-20
$3980000
CRMLS
Listed 2023-01-17
$4100000
CRMLS
Sold 2017-07-27
$3950000
Public Record
Sold 2016-12-12
$3125000
Public Record
Sold 2014-07-25
$1580000
Public Record
Sold 1999-12-13
$450000
Public Record
Sold 1990-10-11
$850000
Public Record
Net Operating Income: 160475.00
Total Square Feet Living: 7470
Year Built: 1989
Building Features: 1
Common Walls: No Common Walls
Entry Level: 2
Entry Location: Front
Property Age: 35
Levels or Stories: Three Or More
Building Total Stories: 3
Structure Type: Apartment
Year Built Source: Assessor
Year Built: 1989
Building Features: 1
Common Walls: No Common Walls
Entry Level: 2
Entry Location: Front
Property Age: 35
Levels or Stories: Three Or More
Building Total Stories: 3
Structure Type: Apartment
Year Built Source: Assessor
Electric Expense: 2068.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 6092.00
Water Source: Public
Sewer: Sewer: Public Sewer, Water Sewer Expense: 6092.00
Water Source: Public
Vine Street Elementary School is a public elementary school located approximately 0.1 miles away.
Map directions
Map directionsHubert Howe Bancroft Middle School is a public middle school located approximately 0.6 miles away.
Map directions
Map directionsFairfax Senior High School is a public high school located approximately 2 miles away.
Map directions
Map directionsThe School of Los Angeles is a private middle and high school located approximately 0.2 miles away.
Map directions
Map directionsThe School Of Los Angeles is a private middle and high school located approximately 0.2 miles away.
Map directions
Map directions
Click Thumbnail Images To View Full Size
 |  |  |  |  |
 |  |  |  |  |
 |  | |||
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.