9025 West 3rd Street

Los Angeles, CA 90048

$5,250,000
Price
14
Beds
18
Baths
11,064 Sq. Ft.
$475 / Sq. Ft.
11,064
Sq. Ft.
$475
per Sq. Ft.

Description

Assumable loan of $2,250,000 at 3.2% fixed until 3/1/28. The loan has a value of $270,000 compared to a new loan at 6.2%. Next to Four Seasons Hotel at Doheny and Burton Way. 13 x Gross & 5.1% Cap with rents at market. 6.5% return on down payment with market rents. Seller has spent approx. $260,000 in renovations. Controlled access, elevator, dishwasher, A/C, M/W. Earthquake retrofit work has been completed.Assumable loan of $2,250,000 at 3.2% fixed until 3/1/28. The loan has a value of $270,000 compared to a new loan at 6.2%. Next to Four Seasons Hotel at Doheny and Burton Way. 13 x Gross & 5.1% Cap with rents at market. 6.5% return on down payment with market rents. Seller has spent approx. $260,000 in renovations. Controlled access, elevator, dishwasher, A/C, M/W. Earthquake retrofit work has been completed.

Property Details for 9025 West 3rd Street

Zoning
LAR4
Parcel Number
4335008012
Total Units
10.0
Living Area
11064
Source Living Area
Vendor Enhanced
Area
Beverly Center-Miracle Mile (C19)
Vacancy Rate
3
Lot Size Area
5889

Location

Listing Courtesy of Keller Williams Beverly Hills, Hamid Soroudi, DRE #00708618
Add your commute
LISTING UPDATED: 05/14/2024 12:01 AM

Property Details for 9025 West 3rd Street

StatusActive
MLS #24-389101
Days on Market14
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1969
Lot Size0.14 AC / 5,889 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Beverly Hills, Hamid Soroudi, DRE #00708618
Add your commute

Building Information for 9025 West 3rd Street

Stories-Residences-Year Built1969Building Size-Lot Size0.14 AC / 5,889 SF

Payment Calculator

$31,693 per month

30 year fixed, 7.25% Interest

Principal and Interest

$28,651

Property Taxes

$3,042

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 9025 West 3rd Street

Community / Development
Community / Development
  • Number Of Units: 10
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: S, 1, 2, 3
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $292,250
  • Net Operating Income: $171,110.00
  • Gross Income: $300,914
  • Gross Rent Multiplier: $17.40
  • Total Annual Expense: 121140
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1352
  • Lot Size Square Feet: 5889
Parking Details
Parking Details
  • Parking Garage: Covered Parking
  • Total Parking: 17
  • Parking Features: Covered
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: None
  • Laundry: Community
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-07-2024
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $3,737.00
  • Unit Actual Rent: $3,737.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,751.00
  • Unit Actual Rent: $2,751.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 5
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,492.00
  • Unit Actual Rent: $1,492.00
  • Unit Projected Rent: $2,800.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,098.00
  • Unit Actual Rent: $2,098.00
  • Unit Projected Rent: $2,300.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $883,693.00
  • Assessed Improvement Percent: 30.3
  • Assessed Land Value: $2,032,496.00
  • Assessed Land Percent: 69.7
  • Assessed Total Value: $2,916,189.00

Property History for 9025 West 3rd 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 9025 West 3rd Street

Taxable ValueLand$2,032,496Additions$883,693Total$2,916,189
Tax Record2023$36,506 ($3,042 / month)
Home Facts
Total Finished SqFt11,064 SqFtAbove Grade Finished SqFt11,064 SqFtLot Size5,887 SqFtStyleMulti-Family Res (5+ Units)Year Built1969ZoningLAR4CountyLOS ANGELESAPN4335-008-012

Schools near 9025 West 3rd Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 7 to 12
Public - 9 to 12
Public - K to 5
Rating
School
Distance
West Hollywood Opportunity School
Public7 to 12

Fairfax Senior High School
Public9 to 12

West Hollywood Elementary School
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.

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9025 West 3rd Street is a multi-family home for sale in Los Angeles, CA 90048. This property was listed for sale on May 6, 2024 by Keller Williams Beverly Hills, it's currently listed at $5,250,000. It has been on the market for a total of 14 days and was last sold on April 18, 2013. This listing's school district is Los Angeles Unified School District. Nearby schools include Rosewood Avenue Elementary School, School for Advanced Studies, West Hollywood Opportunity School and Fairfax Senior High School. 9025 West 3rd Street is a 14-bed, 18-bath, 11,064 sqft multi-family home built in 1969.

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 Keller Williams Beverly Hills, Hamid Soroudi, DRE #00708618

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.