4215 South Kansas Avenue
Description
4215 Kansas Avenue features 23 studio apartments and one one-bedroom unit. Many of the units...4215 Kansas Avenue is a 24-unit apartment building in Los Angeles, California. The property is in a strong rental location just a half-mile from Expo Park and top Los Angeles attractions that include the L. A. Memorial Coliseum, BMO Stadium, the Lucas Museum, the California Science Center, the California History Museum, and more. Furthermore, USC and the Metro Expo line are just one mile from the property.
4215 Kansas Avenue features 23 studio apartments and one one-bedroom unit. Many of the units have been upgraded, and all are separately metered for gas and electricity. The building also offers on-site laundry. Current rents offer a new investor 27 percent rental upside, and attractive assumable financing make this a great acquisition opportunity in a dense rental market. Assumable financing terms: Freddie Mac loan via CBRE with a fixed rate of 3.71% until May 1st, 2030. $1,268,411.93 balance remaining as of October 2024.
- Listed by Steven Bogoyevac • DRE #01332755 • Brokerage DRE #01332755 • Steven M. Bogoyevac, Broker • steve.bogoyevac@marcusmillichap.com
- Listed by David O'Keefe • DRE #01928739 • Brokerage DRE #00530854 • Marcus & Millichap
Property Details for 4215 South Kansas Avenue
Property Details for 4215 South Kansas Avenue
| Status | Active |
|---|---|
| MLS # | PW24219007 |
| Days on Market | 60 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Mixed Use |
| MLS Type | Residential Income |
| Year Built | 1924 |
| Lot Size | 0.15 AC / 6,659 SF |
| County | Los Angeles County |
Building Information for 4215 South Kansas Avenue
Property Information for 4215 South Kansas Avenue
- Gross Income: $304,741
- Gross Scheduled Income: $304,741
- Net Operating Income: $175,626
- Operating Expense: $120,379
- Fuel Expense: $0
- Electric Expense: $0
- Insurance Expense: $0
- Professional Management Expense: $0
- Trash Expense: $0
- Water Sewer Expense: $0
- Total Expenses: $120,379
- Tax Tract Number: 5167
- Tax Census Tract: 2316.03
- Tax Lot: 4
- Community Features: Urban
- Laundry: Yes
- Laundry Features: Community
- Entry Location: 1
- Pool Features: None
- Pool Description: None
- Lot Features: Rectangular Lot
- Number Of Units: 24
- Land Lease: No
- Land Lease Type: Fee
- Levels: Two
- Water: Public
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 0
- Parking Garage Spaces: 0
- Carport Spaces: 0
- Unit Type Units Total: 23
- Unit Type Beds Total: 0
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $1,009
- Unit Type Total Rent: $23,210
- Unit Type Pro Forma: 1300
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $1,650
- Unit Type Total Rent: $1,650
- Unit Type Pro Forma: 1685
- Unit Type Type: 2
- Rent Controlled: Yes
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 24
- Number Of Separate Gas Meters: 24
- Number Of Separate Water Meters: 0
Property History for 4215 South Kansas 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 4215 South Kansas Avenue
Schools near 4215 South Kansas Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Charter - | K to 4 | |||
| Public - | 6 to 11 | |||
| Public - | 9 to 12 | |||
| Charter - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
KIPP Vida Preparatory Academy CharterK to 4 | ||
Barack Obama Global Preparation Academy Public6 to 11 | ||
Manual Arts Senior High School Public9 to 12 | ||
USC Hybrid High College Prep 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.
Similar Homes
Similar Sold Homes
Homes for Sale near Los Angeles Southwest
Neighborhoods
- Exposition Park
- Florence
- King Estates
- Los Angeles Southwest
- South Central LA
- South Los Angeles
- South Park
- Vermont-Slauson
- Vermont Square
- Harvard Park
- University Park
- Park Hills Heights
- Mid-City
- Adams-Normandie
- Chesterfield Square
- Jefferson Park
- Ellendale Place
- North University Park Historic District
- Metropolitan Southwest
- Vermont Knolls
Cities
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 Steven M. Bogoyevac, Broker, Steven Bogoyevac, DRE #01332755; Marcus & Millichap, David O'Keefe, DRE #01928739
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.