650 South La Jolla Avenue
650 South La Jolla Avenue
$4,450,000
10
10
10,858
10,858
$410
Description
650 S La Jolla Avenue is a 10-unit multi-family apartment complex featuring 1,100sq. ft. units, each equipped with a private balcony/patio, in-unit washer and dryers, central heating, and parking. The seller has RTI permits for two 1bd/1bth ADUs through a carport conversion. Upon completion of the ADUs, the property will have a 13x GRM and an in-place 5.4% cap rate, with a 30% upside in existing unit rents. The building features a new 400amp main panel. Each unit is separately metered for electricity...650 S La Jolla Avenue is a 10-unit multi-family apartment complex featuring 1,100sq. ft. units, each equipped with a private balcony/patio, in-unit washer and dryers, central heating, and parking. The seller has RTI permits for two 1bd/1bth ADUs through a carport conversion. Upon completion of the ADUs, the property will have a 13x GRM and an in-place 5.4% cap rate, with a 30% upside in existing unit rents. The building features a new 400amp main panel. Each unit is separately metered for electricity and gas.
- Listed by Adam Kanizo • DRE #02008361 • Brokerage DRE #01891656 • Paloma Realty Partners, Inc.
Property Details for 650 South La Jolla Avenue
Zoning
LAR3
Parcel Number5510028013
Total Units10.0
Living Area10858
Source Living AreaVendor Enhanced
AreaBeverly Center-Miracle Mile (C19)
Vacancy Rate0
Lot Size Area12504
Location
LISTING UPDATED: 04/03/2024 12:01 AM
Property Details for 650 South La Jolla Avenue
Status | Active |
---|---|
MLS # | 24-371201 |
Days on Market | 68 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1928 |
Lot Size | 0.29 AC / 12,504 SF |
County | Los Angeles County |
Location
Building Information for 650 South La Jolla Avenue
Stories-Residences-Year Built1928Building Size-Lot Size0.29 AC / 12,504 SF
Payment Calculator
$28,468 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 650 South La Jolla Avenue
Property History for 650 South La Jolla Avenue
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 650 South La Jolla Avenue
Taxable ValueLand$2,820,300Additions$1,211,900Total$4,032,200
Tax Record2023$50,195 ($4,183 / month)
Home Facts
Total Finished SqFt10,858 SqFtAbove Grade Finished SqFt10,858 SqFtLot Size12,501 SqFtStyleMulti-Family Res (5+ Units)Year Built1928ZoningLAR3CountyLOS ANGELESAPN5510-028-013
Schools near 650 South La Jolla Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Charter - | 6 to 12 | |||
Public - | 9 to 12 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
Hancock Park Elementary School PublicK to 5 | ||
Aspire Pacific Academy Charter6 to 12 | ||
Fairfax Senior High School Public9 to 12 | ||
South Shores/Csudh Visual And Performing Arts PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.