2314 West Pico Boulevard
Description
Right off Pico Blvd & Magnolia Ave, located within 5-12 Minutes away from Koreatown, Downtown Los Angeles Financial District, University Park, MacArthur Park, Mid-City, Country Club Park, Silver Lake, Echo Park, East Hollywood, and Historic Filipino town. 2314 W Pico Blvd is in perfect adjacency to many of Los Angeles trendiest boutique restaurants, coffee shops and upscale bars, It’s location also provides easy access to many of the city’s largest & strongest employers and major retailers. Some of employers include University of Southern California, Fashion Institute of Design & Merchandise, Crypto Arena, Koreatown Plaza, Los Angeles Convention Center, Los Angeles Financial & Arts District, Netflix, Paramount Studios, Sunset Gower, LACMA, Los Angeles City College, and American Career College. All of this while providing easy access to the 101 & 110 Freeways
- Listed by Abel Benitez • DRE #02173463 • Brokerage DRE #02021933 • GIG Real Estate Inc. • 213-595-8105
- Listed by Han Chen • DRE #01749321 • Brokerage DRE #02201380 • Growth Investment Group Pasade
Property Details for 2314 West Pico Boulevard
Property Details for 2314 West Pico Boulevard
| Status | Active |
|---|---|
| MLS # | AR24143091 |
| Days on Market | 133 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1922 |
| County | Los Angeles County |
Building Information for 2314 West Pico Boulevard
Property Information for 2314 West Pico Boulevard
- Tenant Pays: Electricity, Gas
- Gross Income: $200,828
- Gross Scheduled Income: $200,828
- Vacancy Allowance Rate: 3
- Net Operating Income: $118,449
- Gross Multiplier: 12.95
- Cap Rate: 4.56
- Operating Expense: $76,354
- Operating Expense Percent: 38.00%
- Electric Expense: $680
- Insurance Expense: $11,587
- Maintenance Expense: $8,000
- Professional Management Expense: $3,600
- Trash Expense: $4,904
- Water Sewer Expense: $4,009
- Total Expenses: $76,354
- Tax Block: A
- Tax Tract Number: 221...
- Tax Census Tract: 2211.10
- CFD/Mello-Roos Fee: $2,106
- Tax Lot: 4
- Community Features: Sidewalks
- Laundry: No
- Laundry Features: None
- Entry Location: Pico Blvd
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Lot Features: Lot 6500-9999
- Number Of Units: 16
- Land Lease: No
- Land Lease Type: Fee
- Water: Public
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 0
- Parking Garage Spaces: 0
- Carport Spaces: 0
- Unit Type Units Total: 16
- Unit Type Beds Total: 0
- Unit Type Baths Total: 16
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $16,736
- Unit Type Total Rent: $16,736
- Unit Type Pro Forma: 25600
- Unit Type Type: 1
- Rent Controlled: Yes
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 16
- Number Of Separate Gas Meters: 16
- Number Of Separate Water Meters: 1
Property History for 2314 West Pico Boulevard
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2314 West Pico Boulevard
Schools near 2314 West Pico Boulevard
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Magnolia Avenue Elementary School PublicK to 5 | ||
Berendo Middle School Public6 to 8 | ||
West Adams Preparatory High School Public9 to 12 | ||
Monsenor Oscar Romero Charter Middle School Charter6 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.
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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 GIG Real Estate Inc., Abel Benitez, DRE #02173463; Growth Investment Group Pasade, Han Chen, DRE #01749321
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.