2118 Woodland Way

Los Angeles, CA 90068

$1,250,000
Price
3
Beds
2
Baths
1,718 Sq. Ft.
$728 / Sq. Ft.
1,718
Sq. Ft.
$728
per Sq. Ft.

Description

First time on the market since 1979. This duplex brims with character, yet could provide a development opportunity in a sought-after area. Nestled on a side street at the end of a cul de sac near the Hollywood Bowl, it is close to everything, yet seems so peaceful. The upstairs 2 bedroom 1 bath unit is currently vacant and features a spacious living room and dining room, an efficiently laid out kitchen with easy to maneuver work triangle, and two bedrooms on the back end of the building, providing...First time on the market since 1979. This duplex brims with character, yet could provide a development opportunity in a sought-after area. Nestled on a side street at the end of a cul de sac near the Hollywood Bowl, it is close to everything, yet seems so peaceful. The upstairs 2 bedroom 1 bath unit is currently vacant and features a spacious living room and dining room, an efficiently laid out kitchen with easy to maneuver work triangle, and two bedrooms on the back end of the building, providing privacy. The front porch area for the second floor unit provides a peaceful respite. The second unit is a one bedroom one bath, which is currently rented. Recently installed central air and heating. Bring your imagination to make this either your home or a prime rental.
  1. Listed by Dan Watanabe • DRE #01232974 • Brokerage DRE #01032528 • Landmark Realtors, Inc.

Property Details for 2118 Woodland Way

Water Front
None
Zoning
LAR2
Style
Contemporary Mediterranean
Cross Streets
Camrose/Highland
Accessibility Features
None
Parcel Number
5549028020
Total Units
2.0
Living Area
1718

Location

Listing Courtesy of Landmark Realtors, Inc., Dan Watanabe, DRE #01232974
Add your commute
LISTING UPDATED: 06/06/2024 10:23 AM

Property Details for 2118 Woodland Way

StatusPending
MLS #24-386217
Days on Market36
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.09 AC / 3,959 SF
CountyLos Angeles County

Location

Listing Courtesy of Landmark Realtors, Inc., Dan Watanabe, DRE #01232974
Add your commute

Building Information for 2118 Woodland Way

Stories2Residences-Year Built1923Building Size-Lot Size0.09 AC / 3,959 SF

Payment Calculator

$7,079 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,822

Property Taxes

$257

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2118 Woodland Way

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: apartment
  • View: Yes
  • View Description: Tree Top, Skyline, Peek-A-Boo
  • View: Peek-A-Boo
  • Security Features: None
  • Direction Faces: South
  • Property Condition: Additions/Alter, Fixer, Repair Cosmetic
  • Water: District, In Street, Meter on Property
  • Sewer: In Street
  • Water Heaters: Yes
  • ADA Compliance: No
  • Water Heater Features: Gas
  • Water District: LADWP
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash To New Loan
  • Disclosures: As Is, Buyer Concessions, Home Warranty Plan, Rent Control, Seller Will Pay Sec. 1 Termite
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $50,586
  • Net Operating Income: $41,579.00
  • Gross Income: $50,586
  • Cap Rate: 25.00%
  • Gross Rent Multiplier: $25.00
  • Actual Annual Gross Rent: $50,856.00
  • Actual Gross Annual Income: $50,586
  • Monthly GrossI Income: $4,216.00
  • Gross Spendable Income: $41,579
  • Gross Equity: $1,165,400
  • Actual Rent Total: $50,858.00
  • Financial Info as Of: 04/29/2024
  • Owner Pays: Water, Gardener
  • Total Annual Expense: 9007
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Alley: No
  • Paved: Yes
  • Lot Acreage: 0.0909
  • Lot Size Square Feet: 3959
  • Lot Features: Irregular Lot, Utilities - Overhead
  • Lot Description: Lot Shape-Irregular, Single Lot, Street Asphalt, Street Paved, Utilities - Overhead
  • Lot Location: City, Cul-De-Sac, Hillside, Near Public Transit
Parking Details
Parking Details
  • Parking Garage: Garage - 1 Car, Side By Side, Garage Is Attached, Parking Space, Driveway
  • Total Parking: 1
  • Open Other Spaces Total: 2
  • Garage Spaces Total: 1
  • Parking Features: Garage - Single Door, Side by Side, Parking Space, Driveway
  • Attached Garage: Yes
Interior Features
Interior Features
  • Levels: Two
  • Fireplace Features: Living Room, Wood Burning, Gas Starter
  • Fireplace Rooms: Living Room, Wood Burning, Gas Starter, Gas and Wood
  • Cooling: Central Air
  • Cooling Type: Air Conditioning, Central
  • Heating: Central, Natural Gas
  • Heating Type: Central, Natural Gas
  • Flooring: Wood
  • Equipment: Dryer, Garbage Disposal, Gas Dryer Hookup, Range/Oven, Refrigerator, Washer
  • Interior Features: High Ceilings (9 Feet+)
  • Room Bathroom Features: Shower in Tub
  • Bathroom Features: Shower and Tub
  • Common Walls: Detached/No Common Walls
  • Cooking Appliances: Gas, Oven-Gas, Range
  • Laundry: Laundry Area, In Unit
  • Laundry Equipment: Own
  • Disability Access: None
  • TV Services: Cable TV
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis Court: None
  • Exterior Features: Rain Gutters
  • Roof: Asbestos Shingle
  • Sprinklers: None
  • Patio Features: Covered Porch, Porch - Front
  • Entry Location: Living Room
  • New Construction: No
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Foundation Details: Raised
  • Other Structural Features: Balcony, High Ceilings (9 Feet+), Rain Gutters
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-02-2024
  • Listing Terms: All Inclusive Trust Deed, Cash, FHA, Freddie Mac, Government Loan, Contract, Conventional, Fannie Mae, VA Loan, Buyer Concessions
  • Rent Control: Yes
  • Tenant Pays: Cable TV, Electricity, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,880.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,358.00
  • Unit Actual Rent: $1,358.00
  • Unit Projected Rent: $1,358.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
  • Number of Dishwasher: 2
  • Number of Disposal: 2
  • Number Leased: 1
  • Number Range: 2
  • Number Refrigerator: 2
  • Number Rented Garages: 1
  • Number Wall AC: 1
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $72,538.00
  • Assessed Improvement Percent: 32.69
  • Assessed Land Value: $149,388.00
  • Assessed Land Percent: 67.31
  • Assessed Total Value: $221,926.00

Property History for 2118 Woodland Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2118 Woodland Way

Taxable ValueLand$149,388Additions$72,538Total$221,926
Tax Record2023$3,080 ($257 / month)
Home Facts
Total Finished SqFt1,718 SqFtAbove Grade Finished SqFt1,718 SqFtLot Size3,955 SqFtStyleTriplexYear Built1923ZoningLAR2CountyLOS ANGELESAPN5549-028-020

Schools near 2118 Woodland Way

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 12
Rating
School
Distance
Gardner Street Elementary School
PublicK to 5

Hubert Howe Bancroft Middle School
Public6 to 8

Hollywood Senior High School
Public9 to 12

Larchmont Charter School
CharterK 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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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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Landmark Realtors, Inc., Dan Watanabe, DRE #01232974

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.