529 West 10th Street
Description
529 W 10th St. presents a great opportunity to purchase a high cashflowing asset at a 11.57 GRM and 5.44% cap rate where the current owner has done the majority of the heavy lifting with additional upside.
- Listed by Jackson Jorgensen • DRE #02022727 • Brokerage DRE #02164683 • Younglewin Advisors, Inc. • jack@younglewin.com
Property Details for 529 West 10th Street
Property Details for 529 West 10th Street
| Status | Active |
|---|---|
| MLS # | PW24183703 |
| Days on Market | 74 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1928 |
| County | Los Angeles County |
Building Information for 529 West 10th Street
Property Information for 529 West 10th Street
- Gross Income: $121,591
- Gross Scheduled Income: $125,352
- Vacancy Allowance Rate: 3
- Net Operating Income: $81,501
- Gross Multiplier: 10.77
- Cap Rate: 6.04
- Operating Expense: $40,091
- Fuel Expense: $0
- Electric Expense: $0
- Insurance Expense: $0
- Professional Management Expense: $0
- Trash Expense: $0
- Water Sewer Expense: $0
- Total Expenses: $40,091
- Tax Tract Number: 10
- CFD/Mello-Roos Fee: $0
- Tax Lot: 10
- Community Features: Urban
- Laundry: No
- Laundry Features: None
- Entry Location: Front and Side
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Lot Features: 0-1 Unit/Acre
- Number Of Units: 5
- Land Lease: No
- Land Lease Type: Fee
- Water: Public
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 2
- Parking Garage Spaces: 2
- Carport Spaces: 0
- Builders Tract Name: Willmore District
- Builders Tract Code: Willmore District (WM)
- Unit Type Units Total: 1
- Unit Type Beds Total: 3
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $3,200
- Unit Type Total Rent: $3,200
- Unit Type Pro Forma: 3500
- 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: $1,750
- Unit Type Total Rent: $1,850
- Unit Type Pro Forma: 1850
- Unit Type Type: 2
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,850
- Unit Type Total Rent: $1,850
- Unit Type Pro Forma: 1850
- Unit Type Type: 3
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,850
- Unit Type Total Rent: $1,850
- Unit Type Pro Forma: 1850
- Unit Type Type: 4
- 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: $1,796
- Unit Type Total Rent: $1,850
- Unit Type Pro Forma: 1850
- Unit Type Type: 5
- Rent Controlled: Yes
- Number Of Buildings: 3
- Number Of Separate Electric Meters: 5
- Number Of Separate Gas Meters: 5
- Number Of Separate Water Meters: 1
Property History for 529 West 10th Street
| 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 529 West 10th Street
Schools near 529 West 10th Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Edison Elementary School PublicK to 5 | ||
Washington Middle School Public6 to 8 | ||
Cabrillo High School Public9 to 12 | ||
Renaissance High School For The Arts 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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Listing Courtesy of Younglewin Advisors, Inc., Jackson Jorgensen, DRE #02022727
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.