1836 Sichel Street

Los Angeles, CA 90031

$16,000,000
Price
39
Beds
81
Baths
35,511 Sq. Ft.
$451 / Sq. Ft.
35,511
Sq. Ft.
$451
per Sq. Ft.
a view of a patio with table and chairs potted plants
a car parked in front of a building
a front view of a building with plants
a kitchen with stainless steel appliances a kitchen island hardwood floor sink stove dining table and chairs
a bedroom with a bed and wooden floor
a living room with furniture and a flat screen tv
a open kitchen with stainless steel appliances granite countertop a refrigerator and microwave
a bedroom with a bed and a lamp with the wooden floor
a living room with furniture and wooden floor
a bed sitting in a bedroom next to a window
a bedroom with a large bed and a flat tv screen
a kitchen with granite countertop a sink stainless steel appliances and white cabinets
a view of kitchen with wooden floor
a bathroom with a sink toilet and shower
an empty room with wooden floor and windows
a view of an empty room with a window and wooden floor
a bathroom with a toilet a sink a mirror a bathtub and vanity
a view of dresser
a view of water heater room
a kitchen with a refrigerator sink and cabinets
a kitchen with granite countertop a sink stainless steel appliances and white cabinets

Description

Discover an exceptional investment opportunity in the heart of Los Angeles! This modern 27-units apartment complex is ideally offering unparalleled convenience and accessibility. The property boasts a contemporary design with high-quality finishes, catering to the needs of today’s discerning tenants. This fully-leased complex ensures immediate and stable cash flow. Each unit is thoughtfully designed to maximize space and comfort, making it a sought-after residence for professionals and students alike....Discover an exceptional investment opportunity in the heart of Los Angeles! This modern 27-units apartment complex is ideally offering unparalleled convenience and accessibility. The property boasts a contemporary design with high-quality finishes, catering to the needs of today’s discerning tenants. This fully-leased complex ensures immediate and stable cash flow. Each unit is thoughtfully designed to maximize space and comfort, making it a sought-after residence for professionals and students alike. Don’t miss out on this turnkey investment in one of LA’s most vibrant and growing neighborhoods!
  1. Listed by Wenjia Li • DRE #02004684 • Brokerage DRE #01918023 • Pinnacle Real Estate Group • 626-566-5977

Property Details for 1836 Sichel Street

Parking Spaces Total
0
Private Pool
No
Cooling Type
Central Forced Air
Total Units
27.0
Building Type
Attached
Lot Size Source
Plans
Living Area
35511
Assessor Parcel Number
5210-013-029
LISTING UPDATED: 10/08/2024 08:04 AM

Property Details for 1836 Sichel Street

StatusActive
MLS #AR24170222
Days on Market108
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2018
CountyLos Angeles County

Building Information for 1836 Sichel Street

Building/Complex1836 Sichel StFloor-Stories4Residences-Pet Policy-Year Built2018Building Size-

Property Information for 1836 Sichel Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $776,203
  • Gross Scheduled Income: $776,203
  • Gross Operating Income: $776,203
  • Net Operating Income: $596,089
  • Laundry Income: $12,211
  • Gross Multiplier: 23.0
  • Cap Rate: 4.3
Expense Details
  • Operating Expense: $180,114
  • Fuel Expense: $10,433
  • Electric Expense: $13,752
  • Insurance Expense: $10,000
  • Professional Management Expense: $31,067
  • Trash Expense: $12,323
  • Water Sewer Expense: $18,946
  • Total Expenses: $180,114
Tax / Assessment Info
  • Tax Block: 5
  • Tax Tract Number: 199201
  • Tax Census Tract: 1999.00
  • CFD/Mello-Roos Fee: $2,942
  • Tax Lot: 10
Community / Development
Community / Development
  • Community Features: Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Laundry Equipment Own Lease: Lease
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 27
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Three Or More
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Electric Vehicle Charging Station(s)
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Community Structure, Concrete, Electric Vehicle Charging Station(s)
Unit Information
Unit 1
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,097
  • Unit Type Total Rent: $3,291
  • Unit Type Pro Forma: 3291
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,999
  • Unit Type Total Rent: $2,999
  • Unit Type Pro Forma: 2999
  • Unit Type Type: 10
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $3,000
  • Unit Type Total Rent: $3,000
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 11
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $3,025
  • Unit Type Total Rent: $3,025
  • Unit Type Pro Forma: 3025
  • Unit Type Type: 12
Unit 5
  • Unit Type Units Total: 5
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $3,050
  • Unit Type Total Rent: $15,250
  • Unit Type Pro Forma: 15250
  • Unit Type Type: 13
Unit 6
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,655
  • Unit Type Total Rent: $2,655
  • Unit Type Pro Forma: 2655
  • Unit Type Type: 2
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,695
  • Unit Type Total Rent: $2,695
  • Unit Type Pro Forma: 2695
  • Unit Type Type: 3
Unit 8
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,825
  • Unit Type Total Rent: $5,675
  • Unit Type Pro Forma: 5675
  • Unit Type Type: 4
Unit 9
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,855
  • Unit Type Total Rent: $8,586
  • Unit Type Pro Forma: 8586
  • Unit Type Type: 5
Unit 10
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,895
  • Unit Type Total Rent: $8,685
  • Unit Type Pro Forma: 8685
  • Unit Type Type: 6
Unit 11
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,950
  • Unit Type Total Rent: $8,850
  • Unit Type Pro Forma: 8850
  • Unit Type Type: 7
Unit 12
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,976
  • Unit Type Total Rent: $2,976
  • Unit Type Pro Forma: 2976
  • Unit Type Type: 8
Unit 13
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,995
  • Unit Type Total Rent: $2,995
  • Unit Type Pro Forma: 2995
  • Unit Type Type: 9
Unit Information
  • Number Of Units Leased: 27
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 27
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 1836 Sichel 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 1836 Sichel Street

Taxable ValueLand$2,560,115Additions$4,804,198Total$7,364,313
Tax Record2024$91,292 ($7,608 / month)
Home Facts
Total Finished SqFt29,244 SqFtAbove Grade Finished SqFt29,244 SqFtLot Size15,551 SqFtStyleMulti-Family Res (5+ Units)Year Built2018ZoningLAR3CountyLOS ANGELESAPN5210-013-029

Schools near 1836 Sichel Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Griffin Avenue Elementary School
Public - K to 5
Excel Charter Academy
Charter - 6 to 8
Abraham Lincoln Senior High School
Public - 9 to 12
Woodrow Wilson Senior High School
Public - 9 to 12
Rating
School
Distance
Griffin Avenue Elementary School
PublicK to 5

Excel Charter Academy
Charter6 to 8

Abraham Lincoln Senior High School
Public9 to 12

Woodrow Wilson Senior High School
Public9 to 12

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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More information about 1836 Sichel Street, Los Angeles, CA 90031

1836 Sichel Street is a multi-family home for sale in Los Angeles, CA 90031. This property was listed for sale on August 16, 2024 by Pinnacle Real Estate Group, it's currently listed at $16,000,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Griffin Avenue Elementary School, Excel Charter Academy and Abraham Lincoln Senior High School. 1836 Sichel Street is a 39-bed, 81-bath, 35,511 sqft multi-family home built in 2018.

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 Pinnacle Real Estate Group, Wenjia Li, DRE #02004684

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.