2016 Vista Del Mar Avenue

Los Angeles, CA 90068

$3,995,000
Price
8
Beds
7
Baths
4,612 Sq. Ft.
$866 / Sq. Ft.
4,612
Sq. Ft.
$866
per Sq. Ft.

Description

2016 Vista del Mar is a meticulously-renovated boutique bungalow compound in the Hollywood Hills. The property consists of 6 bungalow-style units that are fully renovated to the studs, offer luxurious amenities catering to high-income renters, and a central location for living the LA lifestyle so many dream about. Located north of Franklin Ave. in the Hollywood Dell neighborhood, the property's strategic location offers compelling fundamentals, abundant entertainment and dining amenities, and convenient...2016 Vista del Mar is a meticulously-renovated boutique bungalow compound in the Hollywood Hills. The property consists of 6 bungalow-style units that are fully renovated to the studs, offer luxurious amenities catering to high-income renters, and a central location for living the LA lifestyle so many dream about. Located north of Franklin Ave. in the Hollywood Dell neighborhood, the property's strategic location offers compelling fundamentals, abundant entertainment and dining amenities, and convenient access to employment hubs. Renovated by AIH Development, a prominent Los Angeles developer bringing elevated and upscale residential design/amenities to this turnkey project. Originally built in 1921 and 1923, the property consists of (1) 2-bdrm. and 2.5-bath unit (possible owner's unit), (1) 1-bdrm. unit with an office space, and (4) 1-bdrm. units spread across 4 structures. These bungalow-style units are arranged in a courtyard configuration on a 12,267 SF lot. From stucco to windows, doors, roofs, water lines, sewer, electrical, and HVAC, each structure has been meticulously rebuilt with energy efficiency, longevity, and ease of maintenance in mind. Property amenities include covered parking for 7 vehicles features EV charging capabilities individually metered for each unit.

Listing Agents

  1. Max Berger

    Max Berger

    Listing Agent

    Compass

    DRE #02054048

    max.berger@compass.com

    P: (818)-321-4972

  2. Courtney Pickard

    Courtney Pickard

    Alternative Listing Agent

    Compass

    DRE #01948903

Property Details for 2016 Vista Del Mar Avenue

Zoning
LARD1.5
Style
Bungalow
Cross Streets
Franklin Ave. and Vista Del Mar Ave.
Parcel Number
5586003010
Total Units
6.0
Living Area
4612
Source Living Area
Vendor Enhanced
Area
Hollywood Hills East (C30)
LISTING UPDATED: 11/12/2024 10:42 AM

Property Details for 2016 Vista Del Mar Avenue

StatusPending
MLS #24-430877
Days on Market53
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1921
Lot Size0.28 AC / 12,267 SF
CountyLos Angeles County

Building Information for 2016 Vista Del Mar Avenue

Stories1Residences-Year Built1921Building Size-Lot Size0.28 AC / 12,267 SF

Property Information for 2016 Vista Del Mar Avenue

Community / Development
Community / Development
  • Number Of Units: 6
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 4
  • Type Of Units: Bungalows
  • View: No
  • View Description: None
  • View: None
  • Security Features: Gated, Card/Code Access
  • Property Condition: Updated/Remodeled
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $265,239
  • Net Operating Income: $198,467.00
  • Gross Income: $272,040
  • Cap Rate: 4.97%
  • Gross Rent Multiplier: $14.69
  • Financial Info as Of: 08/22/2024
  • Total Annual Expense: 66772
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.2816
  • Lot Size Square Feet: 12267
Parking Details
Parking Details
  • Parking Garage: Assigned, Carport Detached, Controlled Entrance
  • Total Parking: 7
  • Parking Features: Assigned, Detached Carport, Controlled Entrance
  • Attached Garage: No
Interior Features
Interior Features
  • Levels: One
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Flooring: Wood, Tile
  • Equipment: Washer, Dryer, Freezer, Refrigerator, Range/Oven, Garbage Disposal, Built-Ins, Alarm System, Dishwasher, Hood Fan
  • Common Walls: Detached/No Common Walls
  • Laundry: In Unit
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 08-22-2024
  • Rent Control: Yes
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $5,065.00
  • Unit Actual Rent: $5,065.00
  • Unit Projected Rent: $5,065.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $4,270.00
  • Unit Actual Rent: $4,270.00
  • Unit Projected Rent: $4,270.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,334.00
  • Unit Actual Rent: $13,335.00
  • Unit Projected Rent: $13,880.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107, 2108

Property History for 2016 Vista Del Mar Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2016 Vista Del Mar Avenue

Taxable ValueLand$1,602,216Additions$686,664Total$2,288,880
Tax Record2024$28,703 ($2,392 / month)
Home Facts
Total Finished SqFt4,612 SqFtAbove Grade Finished SqFt4,612 SqFtLot Size12,263 SqFtStyleMulti-Family Res (5+ Units)Year Built1921ZoningLARD1.5CountyLOS ANGELESAPN5586-003-010

Schools near 2016 Vista Del Mar Avenue

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
Public - K to 5
Rating
School
Distance
Cheremoya Avenue Elementary School
PublicK to 5

Joseph Le Conte Middle School
Public6 to 8

Hollywood Senior High School
Public9 to 12

Selma Avenue Elementary School
PublicK 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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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 Compass, Max Berger, DRE #02054048; Compass, Courtney Pickard, DRE #01948903

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.