1444 East 67th Street

Los Angeles, CA 90001

$849,000
Price
4
Beds
4
Baths
2,591 Sq. Ft.
$328 / Sq. Ft.
2,591
Sq. Ft.
$328
per Sq. Ft.

Description

Great value-add investment opportunity for Investor or Developer in the Florence-Graham Submarket. 3 Units mixed-use with 2 separate buildings on spacious corner lot 7,241 square feet with three addresses on two streets. The first building features storefront retails barber shop, vitamin shop, storage area and 2 bedroom and 1 bathroom apartment. The second building is a detached single family resident. Window and door facing Compton Ave have been replaced. 2 New water main lines replaced. One from...Great value-add investment opportunity for Investor or Developer in the Florence-Graham Submarket. 3 Units mixed-use with 2 separate buildings on spacious corner lot 7,241 square feet with three addresses on two streets. The first building features storefront retails barber shop, vitamin shop, storage area and 2 bedroom and 1 bathroom apartment. The second building is a detached single family resident. Window and door facing Compton Ave have been replaced. 2 New water main lines replaced. One from Compton Avenue to barbershop (front building). Another one from 67th Street to the individual unit house.
  1. Listed by Katie Chai • DRE #01457862 • Brokerage DRE #01264629 • ReMax 2000 Realty • 909-728-7888

Property Details for 1444 East 67th Street

Parking Spaces Total
0
Private Pool
No
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2591
Assessor Parcel Number
6010-022-001
Property Attached YN
true
LISTING UPDATED: 07/15/2024 03:40 PM

Property Details for 1444 East 67th Street

StatusActive
MLS #TR24015805
Days on Market180
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1921
Lot Size0.17 AC / 7,243 SF
CountyLos Angeles County

Building Information for 1444 East 67th Street

Stories1Residences-Year Built1921Building Size-Lot Size0.17 AC / 7,243 SF

Property Information for 1444 East 67th Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $87,569
  • Gross Scheduled Income: $87,569
  • Vacancy Allowance: 2627
  • Gross Operating Income: $84,942
  • Net Operating Income: $57,016
  • Gross Multiplier: 9.7
  • Cap Rate: 6.72
Expense Details
  • Operating Expense: $27,925
  • New Taxes Expense: $12,085
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $7,902
  • Maintenance Expense: $2,160
  • Professional Management Expense: $4,378
  • Trash Expense: $0
  • Water Sewer Expense: $1,400
  • Total Expenses: $27,925
Tax / Assessment Info
  • Tax Block: J
  • Tax Tract Number: 0
  • Tax Census Tract: 5329.00
  • Tax Lot: 2
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: Street
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: Corner Lot, Lot 6500-9999
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Electric: Electricity Available, Sewer Available, Water Available
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,100
  • Unit Type Total Rent: $2,100
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,417
  • Unit Type Total Rent: $1,417
  • Unit Type Pro Forma: 1650
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,080
  • Unit Type Total Rent: $2,080
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 1200
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $500
  • Unit Type Total Rent: $500
  • Unit Type Pro Forma: 500
  • Unit Type Type: 5
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 2

Property History for 1444 East 67th 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 1444 East 67th Street

Taxable ValueLand$487,850Additions$251,965Total$739,815
Tax Record2024$10,788 ($899 / month)
Home Facts
Total Finished SqFt2,591 SqFtAbove Grade Finished SqFt2,591 SqFtStories1Lot Size7,241 SqFtStyleOffice BuildingYear Built1921ZoningLCC3*CountyLOS ANGELESAPN6010-022-001

Schools near 1444 East 67th Street

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

Alliance Kory Hunter Middle
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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1444 East 67th Street is a mixed use property for sale in Los Angeles, CA 90001. This property was listed for sale on January 24, 2024 by ReMax 2000 Realty, it's currently listed at $849,000. It has been on the market for a total of 180 days and was last sold on January 8, 2003. This listing's school district is Los Angeles Unified School District. Nearby schools include Miramonte Elementary School, Alliance Kory Hunter Middle and Academy For Multiligual Arts And Science At Mervyn M. Dymally High. 1444 East 67th Street is a 4-bed, 4-bath, 2,591 sqft mixed use property built in 1921.

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 ReMax 2000 Realty, Katie Chai, DRE #01457862

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.