2833 Huron Street

Los Angeles, CA 90065

$1,500,000
Price
6
Beds
10
Baths
4,116 Sq. Ft.
$364 / Sq. Ft.
4,116
Sq. Ft.
$364
per Sq. Ft.

Description

Priced at only $150k/unit! 2833 Huron St is a prime 10
unit investment property located in the Cypress Park
neighborhood of Los Angeles. There is still 92% upside
available in monthly rental income. The subject property is comprised of (1) 2Bed/1Bath,
(4) 1Bed/1Bath and (5) Studio/1Bath units. Three
Studio/1Bath units can be delivered vacant, offering
immediate upside. There is also a laundry room on site
for additional income.
2833 Huron St is conveniently located just minutes
from Downtown Los Angeles,
...Priced at only $150k/unit! 2833 Huron St is a prime 10
unit investment property located in the Cypress Park
neighborhood of Los Angeles. There is still 92% upside
available in monthly rental income. The subject property is comprised of (1) 2Bed/1Bath,
(4) 1Bed/1Bath and (5) Studio/1Bath units. Three
Studio/1Bath units can be delivered vacant, offering
immediate upside. There is also a laundry room on site
for additional income.
2833 Huron St is conveniently located just minutes
from Downtown Los Angeles, with easy access to the
110 and 5 freeways. There are many shops and
restaurants nearby, making it a prime location for
renters.
  1. Listed by Cameron Samimi • DRE #02035763 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc. • 310-259-7556
  2. Listed by Aaron Jacobson • DRE #02100737 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc.

Property Details for 2833 Huron Street

Parking Spaces Total
0
Private Pool
No
Total Units
10.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4116
Assessor Parcel Number
5446-008-007
Property Attached YN
true
LISTING UPDATED: 09/23/2024 08:30 AM

Property Details for 2833 Huron Street

StatusActive
MLS #SB24109684
Days on Market195
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1950
CountyLos Angeles County

Building Information for 2833 Huron Street

Building/Complex2833 Huron StFloor-Stories2Residences-Pet Policy-Year Built1950Building Size-

Property Information for 2833 Huron Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $51,374
  • Gross Scheduled Income: $124,207
  • Vacancy Allowance Rate: 3
  • Net Operating Income: $69,107
  • Gross Multiplier: 12.08
  • Cap Rate: 4.61
Expense Details
  • Operating Expense: $51,374
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $51,374
Tax / Assessment Info
  • Tax Block: 2
  • Tax Tract Number: 1234
  • Tax Census Tract: 1853.20
  • CFD/Mello-Roos Fee: $987
  • Tax Lot: 7
Community / Development
Community / Development
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Entry Location: Front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 10
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $695
  • Unit Type Total Rent: $695
  • Unit Type Pro Forma: 2050
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,875
  • Unit Type Total Rent: $1,875
  • Unit Type Pro Forma: 1875
  • Unit Type Type: 10
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $521
  • Unit Type Total Rent: $521
  • Unit Type Pro Forma: 1875
  • Unit Type Type: 2
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $737
  • Unit Type Total Rent: $737
  • Unit Type Pro Forma: 2050
  • Unit Type Type: 3
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $782
  • Unit Type Total Rent: $782
  • Unit Type Pro Forma: 2050
  • Unit Type Type: 4
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $695
  • Unit Type Total Rent: $695
  • Unit Type Pro Forma: 2050
  • Unit Type Type: 5
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $616
  • Unit Type Total Rent: $616
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 6
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $579
  • Unit Type Total Rent: $579
  • Unit Type Pro Forma: 1625
  • Unit Type Type: 7
Unit 9
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,875
  • Unit Type Total Rent: $1,875
  • Unit Type Pro Forma: 1875
  • Unit Type Type: 8
Unit 10
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,875
  • Unit Type Total Rent: $1,875
  • Unit Type Pro Forma: 1875
  • Unit Type Type: 9
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1

Property History for 2833 Huron 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 2833 Huron Street

Taxable ValueLand$695,091Additions$636,724Total$1,331,815
Tax Record2024$16,964 ($1,414 / month)
Home Facts
Total Finished SqFt4,116 SqFtAbove Grade Finished SqFt4,116 SqFtLot Size7,495 SqFtStyleMulti-Family Res (5+ Units)Year Built1950ZoningLARD2CountyLOS ANGELESAPN5446-008-007

Schools near 2833 Huron Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Loreto Street Elementary School
PublicK to 5

Benjamin Franklin Senior High School
Public6 to 12

Woodrow Wilson Senior High School
Public9 to 12

Abraham Lincoln Senior High School
Public9 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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2833 Huron Street is a multi-family home for sale in Los Angeles, CA 90065. This property was listed for sale on June 4, 2024 by Lyon Stahl Investment Real Estate, Inc., it's currently listed at $1,500,000. It has been on the market for a total of 195 days and was last sold on November 13, 2020. This listing's school district is Los Angeles Unified School District. Nearby schools include Loreto Street Elementary School, Benjamin Franklin Senior High School and Woodrow Wilson Senior High School. 2833 Huron Street is a 6-bed, 10-bath, 4,116 sqft multi-family home built in 1950.

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 Lyon Stahl Investment Real Estate, Inc., Cameron Samimi, DRE #02035763; Lyon Stahl Investment Real Estate, Inc., Aaron Jacobson, DRE #02100737

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.