1406 2nd Avenue
Description
Property Details for 1406 2nd Avenue
Property Details for 1406 2nd Avenue
| Status | Active |
|---|---|
| MLS # | 24-420154 |
| Days on Market | 119 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1924 |
| Lot Size | 0.17 AC / 7,502 SF |
| County | Los Angeles County |
Building Information for 1406 2nd Avenue
Property Information for 1406 2nd Avenue
- Tax Mello Roos: No
- Number Of Units: 4
- Amenities: None
- Senior Community: No
- Year Built Source: Assessor
- Number Of Stories: 1
- Number Of Buildings: 1
- Type Of Units: Fourplex
- View: Yes
- View Description: City, City Lights
- View: City Lights
- Direction Faces: West
- Property Condition: Updated/Remodeled
- Water: In Street
- Sewer: In Street
- Water Heaters: Yes
- Water Heater Features: Gas
- Probate: No
- Financing: Cash, Cash To New Loan, Submit
- Disclosures: As Is
- Listing Type: Exclusive Right To Sell
- Service Level: Full Service
- Scheduled Actual: Actual
- Gross Operating Income: $103,608
- Net Operating Income: $73,285.00
- Gross Income: $103,608
- Cap Rate: 3.96%
- Gross Rent Multiplier: $17.08
- Vacancy Allow Dollar: $2,984.00
- Vacancy Allow Percent: 3.00%
- Owner Pays: Water
- Total Annual Expense: 30323.75
- Land Lease Type: Fee
- Land Lease: No
- Lot Acreage: 0.1722
- Lot Size Square Feet: 7502
- Parking Garage: Uncovered
- Total Parking: 8
- Open Other Spaces Total: 8
- Parking Features: Uncovered
- Room Type: Living Room, Utility Room
- Rooms: Living Room, Utility Room
- Levels: Two
- Den: No
- Family Room: 0
- Dining Room: 0
- Cooling Type: Air Conditioning, Ceiling Fan
- Heating: Forced Air
- Heating Type: Forced Air
- Equipment: Ceiling Fan, Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
- Interior Features: Ceiling Fan(s)
- Room Kitchen Features: Granite Counters, Remodeled Kitchen
- Kitchen Features: Granite Counters, Remodeled
- Common Walls: Attached
- Cooking Appliances: Microwave, Cooktop - Gas
- Laundry: Laundry Area, In Unit, Inside
- Pool: No
- Private Pool: No
- Pool Description: None
- Pool Features: None
- Spa: No
- Spa: None
- Tennis: No
- Tennis Court: None
- Roof: Tar and Gravel, Tile
- New Construction: No
- Other Structures: None
- Entry Date: 07-26-2024
- Rent Control: Yes
- Rent Control: 100
- Tenant Pays: Gas, Electricity, Cable TV
- Unit Beds: 2
- Unit Baths: 1
- Unit Furnished: No
- Unit Rent: $1,833.50
- Unit Actual Rent: $1,833.50
- Unit Projected Rent: $2,500.00
- Like Units: 1
- Unit Beds: 2
- Unit Baths: 2
- Unit Furnished: No
- Unit Rent: $2,500.00
- Unit Actual Rent: $2,500.00
- Unit Projected Rent: $2,695.00
- Like Units: 1
- Unit Beds: 2
- Unit Baths: 1
- Unit Furnished: No
- Unit Rent: $1,901.00
- Unit Actual Rent: $1,901.00
- Unit Projected Rent: $2,500.00
- Like Units: 1
- Unit Beds: 2
- Unit Baths: 1
- Unit Furnished: No
- Unit Rent: $2,400.00
- Unit Actual Rent: $2,400.00
- Unit Projected Rent: $2,595.00
- Like Units: 1
- Unit Type Type: 2106, 2107, 2108, 2109
- Number of Carpet: 4
- Number of Dishwasher: 4
- Number of Disposal: 4
- Number of Gas Meters: 4
- Number Leased: 2
- Number Range: 4
- Number Refrigerator: 4
- Number Water Meters: 4
- Assessed Improvement Value: $428,880.00
- Assessed Improvement Percent: 25.0
- Assessed Land Value: $1,286,642.00
- Assessed Land Percent: 75
- Assessed Total Value: $1,715,522.00
Property History for 1406 2nd Avenue
| 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.
Public Records for 1406 2nd Avenue
Schools near 1406 2nd Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Carson-Gore Academy Of Enviornmental Studies PublicK to 5 | ||
Pio Pico Middle School Public6 to 8 | ||
Los Angeles Senior High School Public9 to 12 | ||
Global Education Academy Middle School 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 Coldwell Banker Realty, Herbert L McGurk, DRE #01361267
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.