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$4,500,000   Price Analysis
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11254 Mississippi Ave
Los Angeles, CA 90025
8 bed 12 bath 6,664 SqFt ($675/SqFt)
4,219SqFt lot. Built 2018
Listed 2024-03-08, Taxes $29,614
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

11254 Mississippi Avenue is a trophy

Newer construction 4-unit property in the heart of the Sawtelle neighborhood. This property features elegant finishes, top notch appliances and well-thought-out floorplans. The building features a exceptional unit mix of three two-bedroom two-and-a-half-bathroom units and one three-bedroom, three-bathroom unit. These units are large in size, charming in nature and well located, which will allow them to continue to command top of the market rental pricing.

All properties feature washer and dryers and some units are townhome units. Located near public transit, freeways and thousands of jobs which will continue to attract high paying tenants. Located in the dynamic Sawtelle neighborhood, tenants benefit from a plethora of trendy restaurants, cafes, bars and shopping right outside their front door. The area has a mix of cultural and ente rtainment options, with art galleries, theaters and live music venues. Additionally, Sawtelle is located near the vibrant neighborhoods of Westwood and Santa Monica, provding easy access to additional shopping, dining and entertainment options.


Presented by Adam Feldman at
Matthews Real Estate Investment Services.


Property MLS #24-366501 from TheMLSCLAW

Bedrooms: 8

Total Bathrooms: 12
Full Bathrooms: 12

Lot Size Acres: 0.0968549
Lot Size Dimensions: 40x105
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 4219

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 4
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 2.5, 1 SquareFeet: 14400, 2 BedsTotal: 3, 2 BathsTotal: 3, 2 SquareFeet: 6600

Source Listing Status: Active
County: Los Angeles
Directions: Located west of Sawtelle and east of the 405
Source Property Type: Residential Income
Area: West L.A.
Source Neighborhood: West L.A.
Parcel Number: 4260-001-002
Postal Code Plus 4: 6861
Zoning: LAR3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$1,319,022 + $1,166,504
$2,485,526
$29,614
2021$1,293,159 + $1,143,632
$2,436,791
$29,228
2020$1,279,900 + $1,131,906
$2,411,806
$29,528
2019$unknown + $1,109,712
$1,109,712
$2,311
2018$unknown + $1,087,953
$1,087,953
$13,107
2017$213,323 + $853,297
$1,066,620
$12,848
2016$209,141 + $836,566
$1,045,707
$12,571
2015$43,015 + $387,189
$430,204
$5,153
2014$42,173 + $379,605
$421,778
$5,175
2013$41,983 + $377,890
$419,873
$5,169
2012$41,160 + $370,481
$411,641
$5,237
2010$40,353 + $363,217
$403,570
$5,124
2009$40,148 + $361,360
$401,508
$4,933
2009$40,052 + $360,503
$400,555
$4,933
2008$39,361 + $354,275
$393,636
$4,718
2007$38,590 + $347,329
$385,919
$4,563

Price Changed 2024-06-27
$4,500,000
TheMLSCLAW
Listing removed 2024-03-28
$6,600
CRMLS
Listed 2024-03-08
$4,999,000
TheMLSCLAW
Listed for rent 2024-02-06
$6,600
CRMLS
Listing removed 2024-01-25
$6,000
TheMLSCLAW
Listing removed 2024-01-02
$0
CRMLS
Listed 2023-10-25
$5,200,000
CRMLS
Listing removed 2022-10-02
$0
TheMLSCLAW
Price Changed for rent 2022-08-17
$6,650
TheMLSCLAW
Listed for rent 2022-06-18
$6,850
TheMLSCLAW
Sold 2015-05-15
$1,030,000
Public Record
Sold 1971-07-29
$21,500
Public Record

Net Operating Income: 159719

Total Square Feet Living: 6664
Year Built: 2018
Levels: Multi Levels
Living Area Source: Vendor Enhanced
Property Age: 6
Year Built Source: Vendor Enhanced

Nora Sterry Elementary School is a public elementary school located approximately 0.5 miles away.
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Daniel Webster Middle School is a public middle school located approximately 0.8 miles away.
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University Senior High School Charter is a public high school located approximately 1.2 miles away.
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New Horizon School Westside is a private elementary school located approximately 0.3 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.