1406 Exposition Boulevard

Los Angeles, CA 90062

$1,799,888
Price
6
Beds
2
Baths
3,996 Sq. Ft.
$450 / Sq. Ft.
3,996
Sq. Ft.
$450
per Sq. Ft.

Description

Excellent opportunity to invest in a multi-family property at 1406 Exposition Blvd. This four-unit building features spacious 3-bedroom, 1-bathroom apartments and is in superb condition. Located just a short distance from the prestigious University of Southern California (USC), this two-story property is situated in an Opportunity Zone. Built in 1963, the complex spans a total of 3,996 square feet on a 6,003-square-foot lot. The property boasts spacious floor plans. Each unit includes individually...Excellent opportunity to invest in a multi-family property at 1406 Exposition Blvd. This four-unit building features spacious 3-bedroom, 1-bathroom apartments and is in superb condition. Located just a short distance from the prestigious University of Southern California (USC), this two-story property is situated in an Opportunity Zone. Built in 1963, the complex spans a total of 3,996 square feet on a 6,003-square-foot lot. The property boasts spacious floor plans. Each unit includes individually metered utilities, ensuring efficient utility management. Residents benefit from secure gated entry and dedicated parking spaces, which are covered and gated for added security. Conveniently positioned minutes from USC and just off the Expo at Western Station, prime access to Downtown and Santa Monica. Making it an ideal location for tenants seeking convenience with public transportation.
  1. Listed by Jeffery Bussman • DRE #01120306 • Brokerage DRE #01100927 • Coldwell Banker Preferred Realtors • 661-836-2345

Property Details for 1406 Exposition Boulevard

Parking Spaces Total
4
Private Pool
No
Cooling Type
N/K
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3996
Assessor Parcel Number
5036-002-022
LISTING UPDATED: 12/05/2024 10:31 PM

Property Details for 1406 Exposition Boulevard

StatusActive
MLS #PI24220869
Days on Market53
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.14 AC / 6,005 SF
CountyLos Angeles County

Building Information for 1406 Exposition Boulevard

Stories2Residences-Year Built1963Building Size-Lot Size0.14 AC / 6,005 SF

Property Information for 1406 Exposition Boulevard

Rental Info
Rental Info
  • Tenant Pays: All Utilities, Electricity
Income / Expense / Tax Details
Income Details
  • Gross Income: $144,000
  • Gross Scheduled Income: $144,000
  • Net Operating Income: $115,000
Expense Details
  • Operating Expense: $29,000
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $29,000
Tax / Assessment Info
  • Tax Tract Number: Denker
  • Tax Census Tract: 2313.01
  • CFD/Mello-Roos Fee: $668
  • Tax Lot: 9
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Carpet, Laminate, Tile
Exterior Features
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Roof: Composition
  • Entry Location: Front door
  • Fence: Yes
  • Fencing: Security
  • Foundation Details: Slab
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Alley Paved
  • Road Frontage Type: Alley, City Street
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Parking Space
  • Parking Garage Spaces: 0
  • Carport Spaces: 4
  • Parking Features: Attached Carport, Covered, Off Street, On Site, Parking Space
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,650
  • Unit Type Total Rent: $2,650
  • Unit Type Pro Forma: 3100
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,100
  • Unit Type Total Rent: $3,100
  • Unit Type Pro Forma: 3100
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4

Property History for 1406 Exposition Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1406 Exposition Boulevard

Taxable ValueLand$212,980Additions$329,416Total$542,396
Tax Record2024$7,177 ($598 / month)
Home Facts
Total Finished SqFt3,996 SqFtAbove Grade Finished SqFt3,996 SqFtLot Size6,003 SqFtStyleQuadraplexYear Built1963ZoningLARD1.5CountyLOS ANGELESAPN5036-002-022

Schools near 1406 Exposition Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 12
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Lenicia B. Weemes Elementary School
PublicK to 5

Foshay Learning Center
PublicK to 12

Manual Arts Senior High School
Public9 to 12

Stem Preparatory Academy
CharterK to 5

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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1406 Exposition Boulevard is a multi-family home for sale in Los Angeles, CA 90062. This property was listed for sale on October 24, 2024 by Coldwell Banker Preferred Realtors, it's currently listed at $1,799,888. It has been on the market for a total of 53 days and was last sold on August 20, 2002. This listing's school district is Los Angeles Unified School District. Nearby schools include Lenicia B. Weemes Elementary School, Foshay Learning Center and Manual Arts Senior High School. 1406 Exposition Boulevard is a 6-bed, 2-bath, 3,996 sqft multi-family home built in 1963.

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 Coldwell Banker Preferred Realtors, Jeffery Bussman, DRE #01120306

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.