7113 South La Cienega Boulevard

Los Angeles, CA 90045

$2,998,000
Price
11
Beds
11
Baths
5,278 Sq. Ft.
$568 / Sq. Ft.
5,278
Sq. Ft.
$568
per Sq. Ft.

Description

Seize the chance to own a newly built multi-family property that promises exceptional returns in a highly sought-after neighborhood. This investment gem features four luxurious units, each crafted with precision and designed for modern living. The property includes three expansive three-bedroom, three-bathroom units, and a spacious two-bedroom, two-bathroom unit, catering to a diverse tenant pool. As you step inside, you'll be welcomed by sleek, contemporary kitchens, perfectly blending style and...Seize the chance to own a newly built multi-family property that promises exceptional returns in a highly sought-after neighborhood. This investment gem features four luxurious units, each crafted with precision and designed for modern living. The property includes three expansive three-bedroom, three-bathroom units, and a spacious two-bedroom, two-bathroom unit, catering to a diverse tenant pool. As you step inside, you'll be welcomed by sleek, contemporary kitchens, perfectly blending style and functionality. These gourmet spaces are ideal for culinary enthusiasts and feature high-end finishes and top-of-the-line appliances. Each unit offers generously sized bedrooms, many with ensuite baths and walk-in closets, providing a luxurious and comfortable living experience. All units come equipped with in-unit washers and dryers, private garages, and individual outdoor spacesfront 2 units boast private yards, while the rear top unit features an expansive balcony perfect for entertaining. The property is gated and secured with an access code entry system, ensuring privacy and peace of mind for all residents. Each unit has a 1 car private garage with another tandem spot behind. There is one additional guest spot. All utilities are paid by the tenants. Situated just minutes from the vibrant hubs of Downtown Culver City, Westchester, and LAX, this property offers unparalleled urban convenience coupled with suburban tranquility. Its prime location, combined with chic interiors and an array of modern amenities, makes this multi-family property an outstanding investment opportunity. Don't miss out on this rare chance to invest in a property that combines luxury living with high rental demand. Contact us today to explore this golden opportunity and secure your stake in a thriving market.
  1. Listed by Trey Alligood • DRE #02099406 • Brokerage DRE #01883938 • Douglas Elliman
  2. Listed by Michael Druker • DRE #02023164 • Brokerage DRE #01883938 • Douglas Elliman

Property Details for 7113 South La Cienega Boulevard

Zoning
LARD1.5
Style
Modern
Accessibility Features
None
Parcel Number
4103015003
Total Units
4.0
Living Area
5278
Source Living Area
Vendor Enhanced
Area
Westchester (C29)
LISTING UPDATED: 08/19/2024 12:07 PM

Property Details for 7113 South La Cienega Boulevard

StatusActive
MLS #24-423707
Days on Market135
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2018
Lot Size0.15 AC / 6,577 SF
CountyLos Angeles County

Building Information for 7113 South La Cienega Boulevard

Stories2Residences-Year Built2018Building Size-Lot Size0.15 AC / 6,577 SF

Property Information for 7113 South La Cienega Boulevard

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: 1
  • Security Features: Card/Code Access
  • Water: Public
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $170,820
  • Net Operating Income: $129,640.00
  • Gross Income: $14,235
  • Gross Rent Multiplier: $17.70
  • Owner Pays: Gardener
  • Total Annual Expense: 39500
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.151
  • Lot Size Square Feet: 6577
  • Lot Size Dimensions: 55x120
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Garage
  • Total Parking: 9
  • Open Other Spaces Total: 5
  • Garage Spaces Total: 4
  • Carport Spaces Total: 0
  • Parking Features: Garage
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Equipment: Dishwasher, Microwave, Refrigerator
  • Bedroom Features: WalkInCloset
  • Common Walls: Attached
  • Cooking Appliances: Microwave, Range
  • Laundry: Inside
  • Disability Access: None
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: 08-09-2024
  • Rent Control: No
  • Tenant Pays: Gas, Electricity, Trash Collection, Water, Cable TV
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $3,700.00
  • Unit Actual Rent: $3,700.00
  • Unit Projected Rent: $3,900.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $3,595.00
  • Unit Actual Rent: $3,595.00
  • Unit Projected Rent: $3,900.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $3,995.00
  • Unit Actual Rent: $3,995.00
  • Unit Projected Rent: $4,100.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,945.00
  • Unit Actual Rent: $2,945.00
  • Unit Projected Rent: $3,300.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $889,926.00
  • Assessed Improvement Percent: 33.27
  • Assessed Land Value: $1,785,215.00
  • Assessed Land Percent: 66.73
  • Assessed Total Value: $2,675,141.00

Property History for 7113 South La Cienega Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 7113 South La Cienega Boulevard

Taxable ValueLand$1,820,919Additions$907,724Total$2,728,643
Tax Record2024$33,355 ($2,780 / month)
Home Facts
Total Finished SqFt5,278 SqFtAbove Grade Finished SqFt5,278 SqFtStories1Lot Size6,603 SqFtStyleQuadraplexYear Built2018ZoningLARD1.5CountyLOS ANGELESAPN4103-015-003

Schools near 7113 South La Cienega Boulevard

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
Charter - K to 5
Rating
School
Distance
Westport Heights Elementary School
PublicK to 5

Wesm Health/Sports Medicine
Public9 to 12

Open Charter Magnet School
CharterK to 5

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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7113 South La Cienega Boulevard is a multi-family home for sale in Los Angeles, CA 90045. This property was listed for sale on August 9, 2024 by Douglas Elliman, it's currently listed at $2,998,000. It has been on the market for a total of 135 days and was last sold on October 2, 2018. This listing's school district is Los Angeles Unified School District. Nearby schools include Westport Heights Elementary School, Orville Wright Engineering And Design Magnet and Wesm Health/Sports Medicine. 7113 South La Cienega Boulevard is a 11-bed, 11-bath, 5,278 sqft multi-family home built in 2018.

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 Douglas Elliman, Trey Alligood, DRE #02099406; Douglas Elliman, Michael Druker, DRE #02023164

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.