26 Westminster Avenue
Description
- Listed by Jack Susser • DRE #00896665 • Brokerage DRE #01011328 • Ron Michael Properties
Property Details for 26 Westminster Avenue
Property Details for 26 Westminster Avenue
| Status | Active |
|---|---|
| MLS # | 24-431001 |
| Days on Market | 81 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1910 |
| Lot Size | 0.14 AC / 6,299 SF |
| County | Los Angeles County |
Building Information for 26 Westminster Avenue
Property Information for 26 Westminster Avenue
- Tax Mello Roos: No
- Number Of Units: 20
- Amenities: Controlled Access
- Association Amenities: Controlled Access
- Senior Community: No
- Management Company Name: RST Property Management
- Management Company Phone: 3104792565|
- Year Built Source: Vendor Enhanced
- Number Of Stories: 2
- Number Of Buildings: 1
- Type Of Units: studio & 1bd
- View: Yes
- View Description: Ocean, Water, City Lights, Coastline, Tree Top
- View: Ocean, Water, City Lights, Coastline
- Entry Floor Number: 1
- Security Features: Card/Code Access, Resident Manager, Smoke Detector, Window Bars, Carbon Monoxide Detector(s)
- Direction Faces: North
- Property Condition: Updated/Remodeled, Repair Cosmetic
- Water: Meter on Property, Mutual Water Source
- Sewer: In Street Paid
- Water Heaters: Yes
- ADA Compliance: No
- Water Heater Features: Central Water Heater
- Water District: LADWP
- Probate: No
- Financing: Cash To New Loan, Cash, Conventional
- Disclosures: As Is, Rent Control, LA/Owner Related, Owner Has R.E. License
- Listing Type: Exclusive Right To Sell
- Service Level: Full Service
- Scheduled Actual: Actual
- Gross Operating Income: $465,595
- Net Operating Income: $304,943.00
- Gross Income: $393,595
- Cap Rate: 5.30%
- Gross Rent Multiplier: $14.60
- Actual Annual Gross Rent: $393,595.00
- Actual Gross Annual Income: $393,595
- Laundry Income: $170,350
- Actual Rent Total: $391,091.00
- Financial Info as Of: 06/30/2024
- Owner Pays: Water, Electricity, Gas
- Total Annual Expense: 88651
- Alternate Street Name: Venice Beach
- Additional Parcel Number: No
- Alley: Yes
- Paved: Yes
- Lot Acreage: 0.1446
- Lot Size Square Feet: 6299
- Lot Size Dimensions: 70x90
- Source Lot Size Dimensions: Vendor Enhanced
- Lot Features: Utilities - Overhead
- Lot Description: 2-4 Lots, Fenced, Resident Manager, Utilities - Overhead, Street Paved, Street Lighting, Sidewalks
- Lot Location: Beach Access, City, Alley Access, Near Public Transit
- Parking Garage: None
- Total Parking: 0
- Covered Parking: 0
- Open Other Spaces Total: 0
- Parking Features: None
- Room Type: Basement, Center Hall, Attic
- Rooms: Basement, Center Hall, Service Entrance, Attic
- Levels: Multi/Split
- Den: No
- Family Room: 0
- Dining Room: 0
- Cooling Type: Wall Unit(s)
- Heating: Natural Gas, Wall Furnace
- Heating Type: Natural Gas, Wall
- Flooring: Carpet, Ceramic Tile, Laminate, Mixed
- Equipment: Alarm System, Cable, Ceiling Fan, Garbage Disposal, Microwave, Intercom, Hood Fan, Refrigerator, Range/Oven
- Interior Features: Common Walls, Turnkey, Intercom, Mirrored Closet Door(s), Open Floor Plan, Plaster Walls, Drywall Walls, Basement
- Room Kitchen Features: Formica Counters, Tile Counters, Kitchenette
- Kitchen Features: Formica Counters, Galley Kitchen, Tile Counters, Kitchenette
- Room Bathroom Features: Low Flow Shower, Low Flow Toilet(s), Remodeled, Shower, Tile Counters
- Bathroom Features: Low Flow Shower(s), Low Flow Toilet(s), Remodeled, Shower Over Tub, Shower Stall, Tile
- Common Walls: Attached
- Cooking Appliances: Range, Range Hood, Oven-Gas, Free Standing Gas, Microwave
- Laundry: Community, Laundry Area
- Laundry Equipment: Lease
- Disability Access: None
- TV Services: Cable TV
- Pool: No
- Private Pool: No
- Pool Description: None
- Pool Features: None
- Spa: No
- Spa: None
- Tennis Court: None
- Roof: Common Roof, Composition
- Patio Features: None
- Entry Location: Ground Level w/steps
- New Construction: No
- Construction Materials: Frame, Wood Siding
- Exterior Construction: Frame, Wood Siding
- Foundation Details: Raised, Pier and Beam, Concrete Perimeter
- Other Structural Features: Full Copper Plumbing
- Other Structures: None
- Entry Date: 08-30-2024
- Listing Terms: Cash To New Loan, Cash, Contract, Take Property As Is
- Rent Control: Yes
- Rent Control: 100
- Unit Beds: 0
- Unit Baths: 13
- Unit Furnished: No
- Unit Rent: $1,632.00
- Unit Actual Rent: $16,322.00
- Unit Projected Rent: $22,322.00
- Like Units: 13
- Unit Beds: 7
- Unit Baths: 7
- Unit Furnished: No
- Unit Rent: $2,159.00
- Unit Actual Rent: $15,115.00
- Unit Projected Rent: $15,115.00
- Like Units: 7
- Unit Type Type: 2106, 2107
- Number of Dishwasher: 0
- Number of Electric Meters: 0
- Number of Gas Meters: 0
- Number Leased: 17
- Number Patio: 0
- Number Range: 20
- Number Refrigerator: 20
- Number Water Meters: 0
- Assessed Improvement Value: $239,502.00
- Assessed Improvement Percent: 22.09
- Assessed Land Value: $844,684.00
- Assessed Land Percent: 77.91
- Assessed Total Value: $1,084,186.00
Property History for 26 Westminster Avenue
| 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 26 Westminster Avenue
Schools near 26 Westminster Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Westminster Avenue Elementary School PublicK to 5 | ||
Venice Senior High School Public9 to 12 | ||
Animo Venice Charter High School Charter9 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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Listing Courtesy of Ron Michael Properties, Jack Susser, DRE #00896665
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.