1302 West 134th Street
Description
CONTROLLED ASSET! This fully renovated and high cash-flowing 23 unit
asset is located on a massive 34,122 sq ft lot. Property comes with 21 parking spaces and every
unit features new floors, cabinets, bathrooms,
kitchens and all units are equipped with washer
and dryer in unit. Perfect for family rentals. As a fully
turned asset this property has very low
maintenance. All new windows, roofs, plumbing. This is a perfect turn key asset for any buyer and
will...6.16% in place cap rate and 11.15 GRM - NON RENT
CONTROLLED ASSET! This fully renovated and high cash-flowing 23 unit
asset is located on a massive 34,122 sq ft lot. Property comes with 21 parking spaces and every
unit features new floors, cabinets, bathrooms,
kitchens and all units are equipped with washer
and dryer in unit. Perfect for family rentals. As a fully
turned asset this property has very low
maintenance. All new windows, roofs, plumbing. This is a perfect turn key asset for any buyer and
will produce incredible cash flow.
134th St has an ideal unit mix consisting of
(1)3Bed/1Bath, (3) 2Bed/1Bath, & (18) 1Bed/1Bath and
(1) Studio/1Bath units. The subject property is just minutes away from
major employers and new developments such as
SpaceX, Amazon Ring, Boeing, Hollywood Park and
SoFi Stadium. OM in the supplements.
- Listed by Cameron Samimi • DRE #02035763 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc. • 310-259-7556
Property Details for 1302 West 134th Street
Property Details for 1302 West 134th Street
| Status | Active |
|---|---|
| MLS # | SB24219747 |
| Days on Market | 34 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1951 |
| County | Los Angeles County |
Building Information for 1302 West 134th Street
Property Information for 1302 West 134th Street
- Gross Income: $533,460
- Gross Scheduled Income: $533,460
- Vacancy Allowance Rate: 3
- Net Operating Income: $366,362
- Gross Multiplier: 11.15
- Cap Rate: 6.16
- Operating Expense: $151,094
- Fuel Expense: $0
- Electric Expense: $0
- Insurance Expense: $0
- Professional Management Expense: $0
- Trash Expense: $0
- Water Sewer Expense: $0
- Total Expenses: $151,094
- Tax Tract Number: 1234
- CFD/Mello-Roos Fee: $0
- Tax Lot: 1234
- Community Features: Urban
- Laundry: Yes
- Laundry Features: Inside
- Entry Location: 1
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Lot Features: 0-1 Unit/Acre
- Number Of Units: 23
- Land Lease: No
- Land Lease Type: Fee
- Water: Public
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 0
- Parking Garage Spaces: 0
- Carport Spaces: 0
- Unit Type Units Total: 1
- Unit Type Beds Total: 3
- Unit Type Baths Total: 1
- Unit Type Actual Rent: $2,860
- Unit Type Total Rent: $2,860
- Unit Type Pro Forma: 3100
- Unit Type Type: 1
- Unit Type Units Total: 3
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Actual Rent: $2,140
- Unit Type Total Rent: $6,420
- Unit Type Pro Forma: 7050
- Unit Type Type: 2
- Unit Type Units Total: 1
- Unit Type Beds Total: 0
- Unit Type Baths Total: 1
- Unit Type Actual Rent: $1,450
- Unit Type Total Rent: $1,450
- Unit Type Pro Forma: 1550
- Unit Type Type: 3
- Unit Type Units Total: 18
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Actual Rent: $1,784
- Unit Type Total Rent: $32,105
- Unit Type Pro Forma: 33045
- Unit Type Type: 4
- Rent Controlled: Yes
- Number Of Buildings: 7
- Number Of Separate Electric Meters: 23
- Number Of Separate Gas Meters: 23
- Number Of Separate Water Meters: 1
Property History for 1302 West 134th Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 1302 West 134th Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | K to 5 | |||
| Public - | K to 6 | |||
| Charter - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Purche Avenue Elementary School PublicK to 5 | ||
Avalon Gardens Elementary School PublicK to 6 | ||
Animo Charter Middle No. 3 Charter6 to 8 |
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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Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Cameron Samimi, DRE #02035763
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.