2241 Ewing Street

Los Angeles, CA 90039

$1,499,000
Price
8
Beds
4
Baths
3,492 Sq. Ft.
$429 / Sq. Ft.
3,492
Sq. Ft.
$429
per Sq. Ft.

Description

This 4 unit located sought after Silverlake neighborhood consists of 2 - 2bedroom - 1 1/2 bath townhomes plus 2 - 2 bedroom- 1 bath unit. Investors, property can add 2 ADU units for additional income. Looking for home but can't afford a single family, why not make one of the townhomes your home and have additional income to help pay the mortgage. Low maintenance building as most appliances belong to tenants and 3 of 4 units have washer/dryer hook-ups in unit and a/c window units. Great potential...This 4 unit located sought after Silverlake neighborhood consists of 2 - 2bedroom - 1 1/2 bath townhomes plus 2 - 2 bedroom- 1 bath unit. Investors, property can add 2 ADU units for additional income. Looking for home but can't afford a single family, why not make one of the townhomes your home and have additional income to help pay the mortgage. Low maintenance building as most appliances belong to tenants and 3 of 4 units have washer/dryer hook-ups in unit and a/c window units. Great potential for upgrades & upside potential. Easy access to fwy to downtown LA, Dodger Stadium, Universal Studios, Echo Park plus all the local restaurants.
  1. Listed by Rodrigo Vargas • DRE #01792503 • Brokerage DRE #00467438 • Tierra Properties
  2. Listed by Irma Vargas • DRE #00467438 • Brokerage DRE #00467438 • Tierra Properties

Property Details for 2241 Ewing Street

Zoning
LARD3
Style
Traditional
Cross Streets
Waterloo St off Glendale Fwy, East of Duane St
Parcel Number
5422017018
Total Units
4.0
Living Area
3492
Source Living Area
Vendor Enhanced
Area
Silver Lake (671)
LISTING UPDATED: 09/19/2024 12:01 AM

Property Details for 2241 Ewing Street

StatusActive
MLS #24-438693
Days on Market73
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1965
Lot Size0.17 AC / 7,496 SF
CountyLos Angeles County

Building Information for 2241 Ewing Street

Stories2Residences-Year Built1965Building Size-Lot Size0.17 AC / 7,496 SF

Property Information for 2241 Ewing Street

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apt/ Twnhm
  • View: Yes
  • View Description: City Lights
  • View: City Lights
  • Water Heaters: Yes
Contract Info
Contract Info
  • Disclosures: Rent Control
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $74,880
  • Net Operating Income: $55,201.00
  • Gross Income: $77,196
  • Cap Rate: 3.67%
  • Gross Rent Multiplier: $19.40
  • Actual Annual Gross Rent: $77,196.00
  • Owner Pays: Water
  • Total Annual Expense: 22175
  • Tax Expense: $15,360
  • Gardener Expense: $2,000
  • Insurance Expense: $2,500
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1721
  • Lot Size Square Feet: 7496
Parking Details
Parking Details
  • Parking Garage: Uncovered
  • Total Parking: 6
  • Open Other Spaces Total: 6
  • Parking Features: Uncovered
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling Type: Wall Unit(s)
  • Heating Type: Wall Gas
  • Flooring: Carpet, Linoleum
  • Equipment: Gas Dryer Hookup, Stackable W/D Hookup
  • Laundry: Inside, In Unit, In Kitchen
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 09-12-2024
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,668.00
  • Unit Actual Rent: $1,668.00
  • Unit Projected Rent: $2,750.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,520.00
  • Unit Actual Rent: $1,520.00
  • Unit Projected Rent: $2,750.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,387.00
  • Unit Actual Rent: $1,397.00
  • Unit Projected Rent: $3,050.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,858.00
  • Unit Actual Rent: $1,858.00
  • Unit Projected Rent: $3,050.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $374,544.00
  • Assessed Improvement Percent: 30.0
  • Assessed Land Value: $873,936.00
  • Assessed Land Percent: 70
  • Assessed Total Value: $1,248,480.00

Property History for 2241 Ewing 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 2241 Ewing Street

Taxable ValueLand$891,414Additions$382,034Total$1,273,448
Tax Record2024$15,782 ($1,315 / month)
Home Facts
Total Finished SqFt3,492 SqFtAbove Grade Finished SqFt3,492 SqFtLot Size7,494 SqFtStyleQuadraplexYear Built1965ZoningLARD3CountyLOS ANGELESAPN5422-017-018

Schools near 2241 Ewing Street

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 8
Rating
School
Distance
Clifford Street Elementary School
PublicK to 5

Thomas Starr King Middle School
Public6 to 8

John Marshall Senior High School
Public9 to 12

Gabriella Charter School
CharterK 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.

Similar Homes

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2241 Ewing Street is a multi-family home for sale in Los Angeles, CA 90039. This property was listed for sale on September 11, 2024 by Tierra Properties, it's currently listed at $1,499,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Clifford Street Elementary School, Thomas Starr King Middle School and John Marshall Senior High School. 2241 Ewing Street is a 8-bed, 4-bath, 3,492 sqft multi-family home built in 1965.

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 Tierra Properties, Rodrigo Vargas, DRE #01792503; Tierra Properties, Irma Vargas, DRE #00467438

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.