1749 West Boulevard

Los Angeles, CA 90019

$1,350,000
Price
4
Beds
4
Baths
3,236 Sq. Ft.
$417 / Sq. Ft.
3,236
Sq. Ft.
$417
per Sq. Ft.

Description

Amazing and charming four-plex investment opportunity, perfectly located between Mid-City and West Adams. Located just north of the 10 Freeway and west of Crenshaw Boulevard, this property sits on a generous 7,000 square foot parcel, offering four one-bedroom units brimming with potential. With plenty of rental upside, new owners can unlock substantial value through tasteful interior renovations. The surrounding neighborhood is on the rise, experiencing a wave of exciting new developments and renovations,...Amazing and charming four-plex investment opportunity, perfectly located between Mid-City and West Adams. Located just north of the 10 Freeway and west of Crenshaw Boulevard, this property sits on a generous 7,000 square foot parcel, offering four one-bedroom units brimming with potential. With plenty of rental upside, new owners can unlock substantial value through tasteful interior renovations. The surrounding neighborhood is on the rise, experiencing a wave of exciting new developments and renovations, making it a sought-after location for savvy investors. This large corner lot also presents the unique chance to add ADUs or remodel the existing structure, enhancing its income potential. Plus, one unit is currently vacant, providing a perfect opportunity for owner-occupancy if desired. Embrace the potential of 1749-1755 West Boulevard, a property that promises not only healthy returns but also long-term appreciation in a vibrant and evolving community. Garages are not occupied and could provide additional income.
  1. Listed by Pinar Gurel • DRE #02157116 • Brokerage DRE #01425795 • Keller Williams Beverly Hills

Property Details for 1749 West Boulevard

Zoning
LARD1.5
Style
Traditional
Cross Streets
18th St and St. Elmo Dr.
Parcel Number
5071021035
Total Units
4.0
Living Area
3236
Source Living Area
Assessor
Area
Mid Los Angeles (C16)
LISTING UPDATED: 10/08/2024 02:52 PM

Property Details for 1749 West Boulevard

StatusActive
MLS #24-418449
Days on Market123
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1939
Lot Size0.16 AC / 7,000 SF
CountyLos Angeles County

Building Information for 1749 West Boulevard

Stories2Residences-Year Built1939Building Size-Lot Size0.16 AC / 7,000 SF

Property Information for 1749 West Boulevard

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Fourplex
  • View: Yes
  • View Description: Walk Street
  • Security Features: Other
  • Water: Meter on Property
  • Sewer: In Street
  • Water Heaters: Yes
  • Water District: LADWP
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash, Cash To New Loan
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $82,656
  • Net Operating Income: $52,481.00
  • Gross Income: $82,656
  • Cap Rate: 3.90%
  • Gross Rent Multiplier: $15.15
  • Actual Annual Gross Rent: $82,656.00
  • Actual Gross Annual Income: $82,656
  • Garage Income: $800
  • Actual Rent Total: $82,656.00
  • Owner Pays: Water, Gardener
  • Total Annual Expense: 30175
  • Water Expense: $6,000.00
  • Tax Expense: $16,875
  • Gardener Expense: $1,800
  • Insurance Expense: $2,500
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1607
  • Lot Size Square Feet: 7000
  • Lot Size Dimensions: 50 x 140
  • Source Lot Size Dimensions: Assessor
  • Lot Features: Rectangular Lot
  • Lot Description: Lot Shape-Rectangular, Lot-Level/Flat, Sidewalks, Curbs, Street Paved, Street Lighting
  • Lot Location: City
Parking Details
Parking Details
  • Parking Garage: Garage - 4+ Car, Garage Is Detached
  • Total Parking: 4
  • Attached Garage: No
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Tile, Wood
  • Equipment: Washer, Dryer, Refrigerator, Garbage Disposal
  • Interior Features: Built-Ins
  • Room Kitchen Features: Granite Counters
  • Kitchen Features: Granite Counters
  • Common Walls: Attached
  • Cooking Appliances: Gas/Electric Range
  • Laundry: In Unit
Exterior Features
Exterior Features
  • Roof: Composition
  • Sprinklers: Sprinkler System
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 07-24-2024
  • Tenant Pays: Electricity, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,664.00
  • Unit Actual Rent: $1,664.00
  • Unit Projected Rent: $2,650.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,659.00
  • Unit Actual Rent: $1,659.00
  • Unit Projected Rent: $2,650.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $915.00
  • Unit Actual Rent: $915.00
  • Unit Projected Rent: $2,650.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $2,650.00
  • Unit Projected Rent: $2,650.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $325,000.00
  • Assessed Improvement Percent: 26.53
  • Assessed Land Value: $900,000.00
  • Assessed Land Percent: 73.47
  • Assessed Total Value: $1,225,000.00

Property History for 1749 West 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 1749 West Boulevard

Taxable ValueLand$918,000Additions$331,500Total$1,249,500
Tax Record2024$15,531 ($1,294 / month)
Home Facts
Total Finished SqFt3,236 SqFtAbove Grade Finished SqFt3,236 SqFtLot Size7,000 SqFtStyleQuadraplexZoningLARD1.5CountyLOS ANGELESAPN5071-021-035

Schools near 1749 West Boulevard

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

Johnnie Cochran, Jr., Middle School
Public6 to 8

Los Angeles Senior High School
Public9 to 12

Global Education Academy 2
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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1749 West Boulevard is a multi-family home for sale in Los Angeles, CA 90019. This property was listed for sale on July 24, 2024 by Keller Williams Beverly Hills, it's currently listed at $1,350,000. It has been on the market for a total of 123 days and was last sold on September 19, 2022. This listing's school district is Los Angeles Unified School District. Nearby schools include Alta Loma Elementary School, Johnnie Cochran, Jr., Middle School and Los Angeles Senior High School. 1749 West Boulevard is a 4-bed, 4-bath, 3,236 sqft multi-family home built in 1939.

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 Keller Williams Beverly Hills, Pinar Gurel, DRE #02157116

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.