11727 Ohio Avenue

Los Angeles, CA 90025

$2,995,000
Price
—
Beds
7,697 Sq. Ft.
$389 / Sq. Ft.
7,697
Sq. Ft.
$389
per Sq. Ft.

Description

9 unit residential income property located in the heart of the Sawtelle neighborhood of West Los Angeles. Fully occupied with good upside potential. Gated building with 12 parking spaces, including 4 tandem spaces. Many units have been remodeled with hardwood floors and newer appliances. Easy access to the 405/10 freeways and ideal for UCLA/SMC students. Building has not had a vacancy in almost 10 years due to high demand for rentals in the area. Please contact for Offering Memorandum and questions....9 unit residential income property located in the heart of the Sawtelle neighborhood of West Los Angeles. Fully occupied with good upside potential. Gated building with 12 parking spaces, including 4 tandem spaces. Many units have been remodeled with hardwood floors and newer appliances. Easy access to the 405/10 freeways and ideal for UCLA/SMC students. Building has not had a vacancy in almost 10 years due to high demand for rentals in the area. Please contact for Offering Memorandum and questions. Please do not enter property or disturb occupants. Buyer to cooperate with Seller's 1031 exchange. Existing $1.4M loan at 3% APR is assumable subject to fees and lender qualifications.
  1. Listed by Orlando Cruz • DRE #01051110 • Brokerage DRE #01835647 • Brightstone Estate Properties • 818-430-4210

Property Details for 11727 Ohio Avenue

Parking Spaces Total
6
Total Units
9.0
Lot Size Source
Assessor
Building Area Total
7697
Building Area Units
Square Feet
Stories Total
2
Entry Level
1
Parcel Number
4263021010
LISTING UPDATED: 08/16/2024 05:35 AM

Property Details for 11727 Ohio Avenue

StatusActive
MLS #SR24117207
Days on Market81
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi Family
Year Built1961
Lot Size0.18 AC / 7,736 SF
CountyLos Angeles County

Building Information for 11727 Ohio Avenue

Stories2Residences-Year Built1961Building Size-Lot Size0.18 AC / 7,736 SF

Property Information for 11727 Ohio Avenue

Income / Expense / Tax Details
Income Details
  • Gross Scheduled Income: $263,340
  • Net Operating Income: $166,490
  • Cap Rate: 5.1
Expense Details
  • Operating Expense: $96,850
  • Expense Year: $2,023
  • Total Expenses: $96,850
Tax / Assessment Info
  • Tax Year: 2023
Community / Development
Community / Development
  • Investment Property: Yes
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
  • Cooling: Wall/Window Unit(s)
  • Heating: Forced Air
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s), Wired for Alarm System
  • Construction Materials: Stucco
  • Roof: Flat
  • Fence: Yes
  • Fencing: Wrought Iron
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Land Use: Multi-Family
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Uncovered Spaces: 2
  • Carport Spaces: 4
Property / Structure Info
  • Building Status: Existing
  • Asset Class: Multi-Family
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,745
  • Unit Type Area: 700
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 1
  • Unit Type Description: Studio Unit
Unit 2
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Actual Rent: $2,513
  • Unit Type Area: 900
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 2
  • Unit Type Description: 2+2
Unit 3
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,737
  • Unit Type Area: 750
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 3
  • Unit Type Description: 1+1
Unit 4
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,906
  • Unit Type Area: 750
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 4
  • Unit Type Description: 1+1
Unit 5
  • Unit Type Units Total: 5
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,726
  • Unit Type Area: 750
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 5
  • Unit Type Description: 1+1
Unit 6
  • Unit Type Units Total: 6
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,875
  • Unit Type Area: 750
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 6
  • Unit Type Description: 1+1
Unit 7
  • Unit Type Units Total: 7
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Actual Rent: $2,156
  • Unit Type Area: 900
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 7
  • Unit Type Description: 2+2
Unit 8
  • Unit Type Units Total: 8
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Actual Rent: $2,850
  • Unit Type Area: 900
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 8
  • Unit Type Description: 2+2
Unit 9
  • Unit Type Units Total: 9
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Actual Rent: $2,334
  • Unit Type Area: 900
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 9
  • Unit Type Description: 2+2

Property History for 11727 Ohio Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 11727 Ohio Avenue

Taxable ValueLand$1,811,321Additions$1,155,633Total$2,966,954
Tax Record2023$36,893 ($3,074 / month)
Home Facts
Total Finished SqFt7,697 SqFtAbove Grade Finished SqFt7,697 SqFtLot Size7,734 SqFtStyleMulti-Family Res (5+ Units)Year Built1961ZoningLAR3CountyLOS ANGELESAPN4263-021-010

Schools near 11727 Ohio Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Charter - 9 to 12
Charter - K to 7
Rating
School
Distance
Brockton Avenue Elementary School
PublicK to 5

Emerson Community Charter School
Charter6 to 8

University Senior High School Charter
Charter9 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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11727 Ohio Avenue is a multi-family home for sale in Los Angeles, CA 90025. This property was listed for sale on June 17, 2024 by Brightstone Estate Properties, it's currently listed at $2,995,000. It has been on the market for a total of 81 days and was last sold on November 25, 2014. This listing's school district is Los Angeles Unified School District. Nearby schools include Brockton Avenue Elementary School, Emerson Community Charter School and University Senior High School Charter. 11727 Ohio Avenue is a 0-bed, 0-bath, 7,697 sqft multi-family home built in 1961.

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 Brightstone Estate Properties, Orlando Cruz, DRE #01051110

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.