531 Brittania Street

Los Angeles, CA 90033

$1,050,000
Price
8
Beds
6
Baths
3,666 Sq. Ft.
$286 / Sq. Ft.
3,666
Sq. Ft.
$286
per Sq. Ft.

Description

531 Brittania St is a six unit apartment complex located in Boyle Heights. Property consists of three separate buildings. One building consists of (5) 1 Bed /1 Bath Units + (1), Second building consists of 3 Bed + 1 Bath and the Third building has 6 single car garages totaling 3,666 sq ft on a 8,189 sq ft lot zoned LAR3. With current rents, 15.01 GRM & 4% CAP. Market GRM 7.11 | Current CAP 11.27%. There is over 116% of market upside! All tenants are up to date and month to month. Gas shut off valves...531 Brittania St is a six unit apartment complex located in Boyle Heights. Property consists of three separate buildings. One building consists of (5) 1 Bed /1 Bath Units + (1), Second building consists of 3 Bed + 1 Bath and the Third building has 6 single car garages totaling 3,666 sq ft on a 8,189 sq ft lot zoned LAR3. With current rents, 15.01 GRM & 4% CAP. Market GRM 7.11 | Current CAP 11.27%. There is over 116% of market upside! All tenants are up to date and month to month. Gas shut off valves have already been installed. Upcoming area in the city of Boyle Heights!
  1. Listed by Evelyn Baez Gonzalez • DRE #02103055 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc. • 951-902-3006
  2. Listed by Molly First • DRE #02065583 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc.

Property Details for 531 Brittania Street

Parking Spaces Total
6
Private Pool
No
Cooling Type
N/K
Total Units
6.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3666
Assessor Parcel Number
5175-033-021
LISTING UPDATED: 11/18/2024 10:10 AM

Property Details for 531 Brittania Street

StatusActive
MLS #SB24139109
Days on Market143
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1919
CountyLos Angeles County

Building Information for 531 Brittania Street

Building/Complex531 Brittania StFloor-Stories1Residences-Pet Policy-Year Built1919Building Size-

Property Information for 531 Brittania Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $71,748
  • Gross Operating Income: $69,596
  • Net Operating Income: $43,453
  • Gross Multiplier: 7.11
  • Cap Rate: 11.27
Expense Details
  • Operating Expense: $26,143
  • New Taxes Expense: $13,750
  • Gardener Expense: $1,440
  • Electric Expense: $3,387
  • Insurance Expense: $3,666
  • Maintenance Expense: $3,900
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $4,357
Tax / Assessment Info
  • Tax Tract Number: 203...
  • CFD/Mello-Roos Fee: $5
  • Tax Lot: 5
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 6
  • Parking Garage Spaces: 6
  • Carport Spaces: 0
Unit Information
Unit 1
  • 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: $848
  • Unit Type Total Rent: $848
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 1
Unit 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: $848
  • Unit Type Total Rent: $848
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 2
Unit 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: $818
  • Unit Type Total Rent: $818
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 3
Unit 4
  • 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: $764
  • Unit Type Total Rent: $764
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 4
Unit 5
  • 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: $901
  • Unit Type Total Rent: $901
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,800
  • Unit Type Total Rent: $1,800
  • Unit Type Pro Forma: 2900
  • Unit Type Type: 6
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1

Property History for 531 Brittania 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 531 Brittania Street

Taxable ValueLand$592,362Additions$321,932Total$914,294
Tax Record2024$12,050 ($1,004 / month)
Home Facts
Total Finished SqFt3,666 SqFtAbove Grade Finished SqFt3,666 SqFtLot Size8,186 SqFtStyleMulti-Family Res (5+ Units)Year Built1919ZoningLAR3CountyLOS ANGELESAPN5175-033-021

Schools near 531 Brittania Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Bridge Street Elementary School
PublicK to 5

Hollenbeck Middle School
Public6 to 8

Felicitas And Gonzalo Mendez High
Public9 to 12

Theodore Roosevelt Senior High
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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531 Brittania Street is a multi-family home for sale in Los Angeles, CA 90033. This property was listed for sale on July 1, 2024 by Lyon Stahl Investment Real Estate, Inc., it's currently listed at $1,050,000. It has been on the market for a total of 143 days and was last sold on July 25, 2007. This listing's school district is Los Angeles Unified School District. Nearby schools include Bridge Street Elementary School, Hollenbeck Middle School and Felicitas And Gonzalo Mendez High. 531 Brittania Street is a 8-bed, 6-bath, 3,666 sqft multi-family home built in 1919.

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., Evelyn Baez Gonzalez, DRE #02103055; Lyon Stahl Investment Real Estate, Inc., Molly First, DRE #02065583

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.