1117 South Wooster Street

Los Angeles, CA 90035

$3,825,000
Price
8
Beds
8
Baths
4,903 Sq. Ft.
$780 / Sq. Ft.
4,903
Sq. Ft.
$780
per Sq. Ft.

Description

Prime Investment Opportunity in Los Angeles. Experience modern luxury at 1117 S Wooster St, a meticulously renovated fourplex offering a blend of sophistication and investment potential in the heart of Los Angeles. Each of the four units features 2 bedrooms and 2 bathrooms with open floor plans, chef-inspired kitchens, and in-unit washer/dryer facilities. Key Features: Modern Interiors: Enjoy contemporary living spaces designed for comfort and style, complete with premium appliances and sleek finishes....Prime Investment Opportunity in Los Angeles. Experience modern luxury at 1117 S Wooster St, a meticulously renovated fourplex offering a blend of sophistication and investment potential in the heart of Los Angeles. Each of the four units features 2 bedrooms and 2 bathrooms with open floor plans, chef-inspired kitchens, and in-unit washer/dryer facilities. Key Features: Modern Interiors: Enjoy contemporary living spaces designed for comfort and style, complete with premium appliances and sleek finishes. Ideal Location: Located in a highly desirable neighborhood, residents benefit from proximity to local amenities, dining, shopping, and entertainment options. Easy access to major transportation routes enhances convenience for tenants. Vacant Units: All units have been meticulously renovated and are vacant, offering immediate occupancy or leasing at market rates. This turnkey investment opportunity ensures minimal downtime and maximum rental income potential. Whether you're a seasoned investor or first-time buyer, 1117 S Wooster St presents an exceptional opportunity to own a premier property in one of Los Angeles' most coveted neighborhoods. Don't miss out on this chance to capitalize on the thriving rental market in LA. Contact us today to schedule a viewing and secure your investment in urban luxury.
  1. Listed by Amir Jawaherian • DRE #01899893 • Brokerage DRE #01738973 • The Agency

Property Details for 1117 South Wooster Street

Zoning
LAR3
Parcel Number
4332015010
Total Units
4.0
Living Area
4903
Source Living Area
Vendor Enhanced
Area
Beverly Center-Miracle Mile (C19)
Vacancy Rate
100
Lot Size Area
6331
LISTING UPDATED: 07/08/2024 12:01 AM

Property Details for 1117 South Wooster Street

StatusActive
MLS #24-409917
Days on Market109
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1940
Lot Size0.15 AC / 6,331 SF
CountyLos Angeles County

Virtual Tour

Building Information for 1117 South Wooster Street

Stories2Residences-Year Built1940Building Size-Lot Size0.15 AC / 6,331 SF

Property Information for 1117 South Wooster Street

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Fourplex
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $240,000
  • Net Operating Income: $180,000.00
  • Gross Income: $240,000
  • Cap Rate: 4.74%
  • Gross Rent Multiplier: $15.83
  • Total Annual Expense: 60000
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1453
  • Lot Size Square Feet: 6331
Parking Details
Parking Details
  • Parking Garage: Detached
  • Total Parking: 0
  • Attached Garage: No
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Air Conditioning
  • Heating: Central
  • Heating Type: Central
  • Equipment: Dishwasher, Dryer, Freezer, Refrigerator, Microwave, Washer
  • Laundry: Washer Included, Dryer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 06-30-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $5,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $5,000.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $5,000.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $5,000.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $435,560.00
  • Assessed Improvement Percent: 23.79
  • Assessed Land Value: $1,395,073.00
  • Assessed Land Percent: 76.21
  • Assessed Total Value: $1,830,633.00

Property History for 1117 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 1117 South Wooster Street

Taxable ValueLand$1,515,000Additions$1,010,000Total$2,525,000
Tax Record2024$30,954 ($2,580 / month)
Home Facts
Total Finished SqFt4,903 SqFtAbove Grade Finished SqFt4,903 SqFtLot Size6,329 SqFtStyleQuadraplexYear Built1940ZoningLAR3CountyLOS ANGELESAPN4332-015-010

Schools near 1117 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.

Similar Homes

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1117 South Wooster Street is a multi-family home for sale in Los Angeles, CA 90035. This property was listed for sale on June 30, 2024 by The Agency, it's currently listed at $3,825,000. It has been on the market for a total of 109 days and was last sold on July 31, 2023. 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. 1117 South Wooster Street is a 8-bed, 8-bath, 4,903 sqft multi-family home built in 1940.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Agency, Amir Jawaherian, DRE #01899893

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.