1526 South Wooster Street

Los Angeles, CA 90035

$2,695,000
Price
12
Beds
10
Baths
6,175 Sq. Ft.
$436 / Sq. Ft.
6,175
Sq. Ft.
$436
per Sq. Ft.

Description

Attractive assumable loan @ 3.94% fixed til march 2027 We are pleased to offer for sale an incredible multifamily asset located at 1526 S. Wooster Street, a 5-Unit, apartment complex situated on a quiet street minute away from Beverly Hills on the northern tip of Pico-Robertson neighborhood. Building has excellent unit mix which includes One (1) three bedroom plus den, Two (2) three bedrooms, One (1) two bedroom and One (1) one bedroom units. 3 units are highly renovated with updated kitchen, bath,...Attractive assumable loan @ 3.94% fixed til march 2027 We are pleased to offer for sale an incredible multifamily asset located at 1526 S. Wooster Street, a 5-Unit, apartment complex situated on a quiet street minute away from Beverly Hills on the northern tip of Pico-Robertson neighborhood. Building has excellent unit mix which includes One (1) three bedroom plus den, Two (2) three bedrooms, One (1) two bedroom and One (1) one bedroom units. 3 units are highly renovated with updated kitchen, bath, hardwood floors and new stainless-steel appliances and washer/dryer. Value-add potential with several units that are paying below market rents in this well-maintained building. Amazing location with high Walk Score and close to many amenities. This rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire an easy to manage turn-key asset in one of the most sought-after rental areas in Los Angeles.
  1. Listed by Iman Eshaghyan • DRE #01494608 • Brokerage DRE #01464847 • Coldwell Banker Realty
  2. Listed by Mina Eshaghyan • DRE #02002883 • Brokerage DRE #01464847 • Coldwell Banker Realty

Property Details for 1526 South Wooster Street

Zoning
LAR3
Parcel Number
4303002030
Total Units
5.0
Living Area
6175
Source Living Area
Vendor Enhanced
Area
Beverlywood Vicinity (C09)
Vacancy Rate
0
Lot Size Area
6507

Location

Listing Courtesy of Coldwell Banker Realty, Iman Eshaghyan, DRE #01494608; Coldwell Banker Realty, Mina Eshaghyan, DRE #02002883
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LISTING UPDATED: 05/22/2024 12:01 AM

Property Details for 1526 South Wooster Street

StatusActive
MLS #24-391701
Days on Market19
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1958
Lot Size0.15 AC / 6,507 SF
CountyLos Angeles County

Location

Listing Courtesy of Coldwell Banker Realty, Iman Eshaghyan, DRE #01494608; Coldwell Banker Realty, Mina Eshaghyan, DRE #02002883
Add your commute

Building Information for 1526 South Wooster Street

Stories2Residences-Year Built1958Building Size-Lot Size0.15 AC / 6,507 SF

Payment Calculator

$17,382 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,708

Property Taxes

$2,674

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1526 South Wooster Street

Community / Development
Community / Development
  • Number Of Units: 5
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartments
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $168,489
  • Net Operating Income: $119,074.00
  • Gross Income: $173,700
  • Cap Rate: 4.42%
  • Gross Rent Multiplier: $15.50
  • Total Annual Expense: 54627
Land / Lot Info
Land / Lot Info
  • Lot Size Square Feet: 6507
Parking Details
Parking Details
  • Parking Garage: Tandem
  • Total Parking: 10
  • Parking Features: Tandem Garage
Interior Features
Interior Features
  • Levels: One
  • Cooling: Central Air
  • Cooling Type: Central, Ceiling Fan
  • Heating: Central, Combination
  • Heating Type: Central, Combination
  • Equipment: Dishwasher, Freezer, Garbage Disposal, Dryer, Microwave, Range/Oven, Refrigerator
  • Laundry: Dryer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-14-2024
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,050.00
  • Unit Actual Rent: $2,050.00
  • Unit Projected Rent: $3,995.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,500.00
  • Unit Actual Rent: $3,500.00
  • Unit Projected Rent: $3,995.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,070.00
  • Unit Actual Rent: $2,070.00
  • Unit Projected Rent: $2,795.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $4,000.00
  • Unit Actual Rent: $4,000.00
  • Unit Projected Rent: $4,295.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,780.00
  • Unit Actual Rent: $1,780.00
  • Unit Projected Rent: $3,495.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110

Property History for 1526 South Wooster Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1526 South Wooster Street

Taxable ValueLand$2,296,655Additions$284,347Total$2,581,002
Tax Record2023$32,084 ($2,674 / month)
Home Facts
Total Finished SqFt6,175 SqFtAbove Grade Finished SqFt6,175 SqFtLot Size6,505 SqFtStyleMulti-Family Res (5+ Units)Year Built1958ZoningLAR3CountyLOS ANGELESAPN4303-002-030

Schools near 1526 South Wooster Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Canfield Avenue Elementary School
PublicK to 5

Daniel Webster Middle School
Public6 to 8

Alexander Hamilton Senior High School
Public9 to 12

Los Angeles Center For Enriched Studies
Public6 to 12

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.

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1526 South Wooster Street is a multi-family home for sale in Los Angeles, CA 90035. This property was listed for sale on May 14, 2024 by Coldwell Banker Realty, it's currently listed at $2,695,000. It has been on the market for a total of 19 days and was last sold on June 14, 2018. This listing's school district is Los Angeles Unified School District. Nearby schools include Canfield Avenue Elementary School, Daniel Webster Middle School and Alexander Hamilton Senior High School. 1526 South Wooster Street is a 12-bed, 10-bath, 6,175 sqft multi-family home built in 1958.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty, Iman Eshaghyan, DRE #01494608; Coldwell Banker Realty, Mina Eshaghyan, DRE #02002883

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.