1143 Irolo Street

Los Angeles, CA 90006

$2,995,000
Price
12
Beds
14
Baths
5,475 Sq. Ft.
$547 / Sq. Ft.
5,475
Sq. Ft.
$547
per Sq. Ft.

Description

Presenting 2021 a mordern luxury 3-story 2 standalone duplex homes. Non-rent controlled fourplex in koreatown. This luxurious property will attract tenants looking for a central location with upgraded features and finishes throughout with views of the hollywood hills and the dtla skyline. Upscale urban living with 3 bedroom with 3 full bath and powder room. Separate meters for gas,water,trash and electric to all units with little to no maintenance for the owner. Walk score of 91. A must see opportunity.Presenting 2021 a mordern luxury 3-story 2 standalone duplex homes. Non-rent controlled fourplex in koreatown. This luxurious property will attract tenants looking for a central location with upgraded features and finishes throughout with views of the hollywood hills and the dtla skyline. Upscale urban living with 3 bedroom with 3 full bath and powder room. Separate meters for gas,water,trash and electric to all units with little to no maintenance for the owner. Walk score of 91. A must see opportunity.
  1. Listed by Jennifer Chung • DRE #01380952 • Brokerage DRE #01380952 • Bee Investment, Inc.

Property Details for 1143 Irolo Street

Zoning
LAR3
Parcel Number
5080034010
Total Units
4.0
Living Area
5475
Source Living Area
Developer
Area
Mid-Wilshire (C17)
Vacancy Rate
1
Lot Size Area
5905
LISTING UPDATED: 09/16/2024 03:24 PM

Property Details for 1143 Irolo Street

StatusActive
MLS #24-418251
Days on Market125
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2021
Lot Size0.14 AC / 5,905 SF
CountyLos Angeles County

Building Information for 1143 Irolo Street

Stories3Residences-Year Built2021Building Size-Lot Size0.14 AC / 5,905 SF

Property Information for 1143 Irolo Street

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Builder
  • Number Of Stories: 3
  • Number Of Buildings: 2
  • Type Of Units: TOWN HOUSES
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $186,000
  • Net Operating Income: $146,765.00
  • Gross Income: $186,000
  • Cap Rate: 4.80%
  • Gross Rent Multiplier: $16.40
  • Total Annual Expense: 39640
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1356
  • Lot Size Square Feet: 5905
  • Lot Size Dimensions: 46x128
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Garage - 2 Car
  • Total Parking: 8
  • Garage Spaces Total: 3
  • Parking Features: Garage - Two Door
Interior Features
Interior Features
  • Levels: Three Or More
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Equipment: Dishwasher, Dryer
  • Laundry: Dryer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 07-22-2024
  • Rent Control: No
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 4
  • Unit Furnished: No
  • Unit Rent: $4,000.00
  • Unit Actual Rent: $4,000.00
  • Unit Projected Rent: $4,200.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 4
  • Unit Furnished: No
  • Unit Rent: $4,100.00
  • Unit Actual Rent: $4,100.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $3,700.00
  • Unit Actual Rent: $3,700.00
  • Unit Projected Rent: $4,000.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $3,700.00
  • Unit Actual Rent: $3,700.00
  • Unit Projected Rent: $4,000.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $1,175,040.00
  • Assessed Improvement Percent: 41.86
  • Assessed Land Value: $1,632,000.00
  • Assessed Land Percent: 58.14
  • Assessed Total Value: $2,807,040.00

Property History for 1143 Irolo 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 1143 Irolo Street

Taxable ValueLand$1,664,640Additions$1,198,540Total$2,863,180
Tax Record2024$34,666 ($2,889 / month)
Home Facts
Beds2Total Finished SqFt1,104 SqFtAbove Grade Finished SqFt1,104 SqFtStories1Lot Size5,903 SqFtStyleSingle Family ResidenceYear Built1905ZoningLAR3CountyLOS ANGELESAPN5080-034-010

Schools near 1143 Irolo 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
Charter - 6 to 8
Rating
School
Distance
Los Angeles Elementary School
PublicK to 5

Berendo Middle School
Public6 to 8

West Adams Preparatory High School
Public9 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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1143 Irolo Street is a multi-family home for sale in Los Angeles, CA 90006. This property was listed for sale on July 22, 2024 by Bee Investment, Inc., it's currently listed at $2,995,000. It has been on the market for a total of 125 days and was last sold on July 15, 2021. This listing's school district is Los Angeles Unified School District. Nearby schools include Los Angeles Elementary School, Berendo Middle School and West Adams Preparatory High School. 1143 Irolo Street is a 12-bed, 14-bath, 5,475 sqft multi-family home built in 2021.

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 Bee Investment, Inc., Jennifer Chung, DRE #01380952

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.