678 South McBride Avenue

Los Angeles, CA 90022

$748,000
Price
6
Beds
5
Baths
2,507 Sq. Ft.
$298 / Sq. Ft.
2,507
Sq. Ft.
$298
per Sq. Ft.

Description

5-Units in a great area of East Los Angeles. Property features 3 separate buildings. First unit in the front is a separate house and has 2 bedrooms/1bath & patio. Second unit is also a separate house in the middle with 1 bedroom /1 bath & a patio. Third and Fourth unit is located upstairs and each has 1 bedroom / 1 bath and they each have 1 car garage below. Fifth unit is located in the rear and has 1 bedroom / 1 bath and private patio. All units have washer hookups. The second unit is vacant. One...5-Units in a great area of East Los Angeles. Property features 3 separate buildings. First unit in the front is a separate house and has 2 bedrooms/1bath & patio. Second unit is also a separate house in the middle with 1 bedroom /1 bath & a patio. Third and Fourth unit is located upstairs and each has 1 bedroom / 1 bath and they each have 1 car garage below. Fifth unit is located in the rear and has 1 bedroom / 1 bath and private patio. All units have washer hookups. The second unit is vacant. One of the unit upstairs is a family member and will move out. Parking on the property. There are 5 separate water heaters, 5 electric, 5 gas meters. Great property with Income potential.
  1. Listed by Charles Picker • DRE #00414181 • Brokerage DRE #00414181 • I.X.A.

Property Details for 678 South McBride Avenue

Zoning
LCR3YY
Style
Traditional
Parcel Number
5247015015
Total Units
5.0
Living Area
2507
Source Living Area
Assessor
Area
East LA
Vacancy Rate
20%
LISTING UPDATED: 10/18/2024 12:01 AM

Property Details for 678 South McBride Avenue

StatusActive
MLS #24-451117
Days on Market72
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.15 AC / 6,573 SF
CountyLos Angeles County

Building Information for 678 South McBride Avenue

Stories-Residences-Year Built1923Building Size-Lot Size0.15 AC / 6,573 SF

Property Information for 678 South McBride Avenue

Community / Development
Community / Development
  • Number Of Units: 5
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 0
  • Number Of Buildings: 3
  • Type Of Units: Apartments
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer: In Street Paid
  • Water Heaters: Yes
  • Water Heater Features: Gas
Contract Info
Contract Info
  • Disclosures: As Is, Rent Control
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $66,000
  • Net Operating Income: $57,271.00
  • Gross Income: $66,000
  • Gross Rent Multiplier: $11.33
  • Owner Pays: Water, Other
  • Total Annual Expense: 8729
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1509
  • Lot Size Square Feet: 6573
Parking Details
Parking Details
  • Parking Garage: Assigned, Driveway
  • Total Parking: 6
  • Open Other Spaces Total: 4
  • Garage Spaces Total: 2
  • Parking Features: Assigned, Driveway
Interior Features
Interior Features
  • Levels: One, Two
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling Type: Ceiling Fan, Window Unit(s)
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Tile
  • Equipment: Range/Oven, Refrigerator, Gas Or Electric Dryer Hookup
  • Room Bathroom Features: Shower
  • Bathroom Features: Shower Stall, Shower Over Tub
  • Cooking Appliances: Free Standing Gas
  • Laundry: In Unit, Outside
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-10-2024
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $800.00
  • Unit Actual Rent: $800.00
  • Unit Projected Rent: $1,850.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,600.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,500.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,050.00
  • Unit Actual Rent: $1,050.00
  • Unit Projected Rent: $1,500.00
  • Like Units: 4
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $550.00
  • Unit Actual Rent: $550.00
  • Unit Projected Rent: $1,500.00
  • Like Units: 5
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $34,846.00
  • Assessed Improvement Percent: 55.64
  • Assessed Land Value: $27,779.00
  • Assessed Land Percent: 44.36
  • Assessed Total Value: $62,625.00

Property History for 678 South McBride Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 678 South McBride Avenue

Taxable ValueLand$28,334Additions$35,542Total$63,876
Tax Record2024$3,556 ($296 / month)
Home Facts
Total Finished SqFt2,507 SqFtAbove Grade Finished SqFt2,507 SqFtLot Size6,571 SqFtStyleMulti-Family Res (5+ Units)Year Built1923ZoningLCR3YYCountyLOS ANGELESAPN5247-015-015

Schools near 678 South McBride Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 4
Charter - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
KIPP Raices Academy
CharterK to 4

Arts In Action Community Middle
Charter6 to 8

James A. Garfield 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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678 South McBride Avenue is a multi-family home for sale in Los Angeles, CA 90022. This property was listed for sale on October 10, 2024 by I.X.A., it's currently listed at $748,000. This listing's school district is Los Angeles Unified School District. Nearby schools include KIPP Raices Academy, Arts In Action Community Middle and James A. Garfield Senior High School. 678 South McBride Avenue is a 6-bed, 5-bath, 2,507 sqft multi-family home built in 1923.

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 I.X.A., Charles Picker, DRE #00414181

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.