802 North Dillon Street

Los Angeles, CA 90026

$1,450,000
Price
6
Beds
3
Baths
2,288 Sq. Ft.
$634 / Sq. Ft.
2,288
Sq. Ft.
$634
per Sq. Ft.

Description

Wow! POSSIBLE $500k DOWN WITH BUILT-IN FINANCING, NO LOAN FEES, IMMEDIATE CASH-FLOW! EXCEPTIONAL SILVER LAKE Corner Property! VACANT 2 Bedroom + Basement Owner's Unit that already has improvements, ongoing! Make it yours - Colors and More! OR, Rent this Vacancy AT Top Dollar Market Rates! Hidden away Silver Lake Corner Property with a Woodsy Curb Appeal. Assumable First Trust Deed: $820,000 5% FIXED Interest, with NO pre-pay fees, and NO Loan Fees for the Assumption, payable $3,417/month! Wonderful...Wow! POSSIBLE $500k DOWN WITH BUILT-IN FINANCING, NO LOAN FEES, IMMEDIATE CASH-FLOW! EXCEPTIONAL SILVER LAKE Corner Property! VACANT 2 Bedroom + Basement Owner's Unit that already has improvements, ongoing! Make it yours - Colors and More! OR, Rent this Vacancy AT Top Dollar Market Rates! Hidden away Silver Lake Corner Property with a Woodsy Curb Appeal. Assumable First Trust Deed: $820,000 5% FIXED Interest, with NO pre-pay fees, and NO Loan Fees for the Assumption, payable $3,417/month! Wonderful LUSH LANDSCAPE with Each Unit Private from the other units! Classic Character throughout! (circa 1923) Pre-Depression Construction (built better those days!). THREE Units Include the following: UNIT ONE: VACANT 2 Bed--1 Bath Owner's Unit (includes a Private Lower Level Basement - Estimated Rental Value: $4,000/month).... Plus UNIT TWO: 2 Bed--1 Bath Unit (Rented for $1,883/month).... Plus UNIT THREE: 1 Bed--1 Bath Unit ALL UPDATED with pictures online (Estimated Rental Value: $2,750/month). Great Silver Lake Location! A lovely Woodsy Setting... Storage Structure included in back with Laundry Area! Every Unit has a Private Entrance. Exterior Newly Painted, and so much more! Emotional and Exciting Offering, must see to appreciate! INCOME DETAILS BELOW are based upon projected rent & expenses are based upon Property Taxes & Utilities. Don't miss this one!
  1. Listed by Bruce Jay • DRE #00559166 • Brokerage DRE #00559166 • Bruce Jay Associates

Property Details for 802 North Dillon Street

Zoning
LARD1.5
Style
Spanish
Cross Streets
Marathon
Parcel Number
5426013003
Total Units
3.0
Living Area
2288
Source Living Area
Vendor Enhanced
Area
Silver Lake (671)
LISTING UPDATED: 04/05/2024 03:44 PM

Property Details for 802 North Dillon Street

StatusActive
MLS #21-702482
Days on Market1355
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.09 AC / 3,828 SF
CountyLos Angeles County

Building Information for 802 North Dillon Street

Stories-Residences-Year Built1923Building Size-Lot Size0.09 AC / 3,828 SF

Property Information for 802 North Dillon Street

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
  • Management Company Name: Bruce Jay Associates
  • Management Company Phone: 3236671000|
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: Garden
  • View: Yes
  • View Description: Trees/Woods, Tree Top, Hills
  • View: Trees/Woods, Hills
  • Direction Faces: West
  • Property Condition: Updated/Remodeled
  • Water Heaters: Yes
  • Water Heater Features: Tankless, Water Heater Unit
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $117,000
  • Net Operating Income: $102,000.00
  • Gross Income: $117,000
  • Cap Rate: 7.00%
  • Gross Rent Multiplier: $12.00
  • Actual Annual Gross Rent: $117,000.00
  • Financial Info as Of: 12/26/2023
  • Owner Pays: Water, Gardener
  • Total Annual Expense: 15000
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.0879
  • Lot Size Square Feet: 3828
Parking Details
Parking Details
  • Parking Garage: Assigned
  • Total Parking: 2
  • Open Other Spaces Total: 2
  • Parking Features: Assigned
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Air Conditioning
  • Heating: Combination, Central
  • Heating Type: Combination, Central
  • Flooring: Tile, Laminate, Mixed
  • Equipment: Built-Ins, Garbage Disposal, Washer, Refrigerator, Range/Oven, Dryer, Dishwasher
  • Laundry: Washer Included, Dryer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other, Accessory Bldgs
Lease Terms
Lease Terms
  • Entry Date: 03-08-2021
  • Tenant Pays: Gas, Electricity, Special
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,883.00
  • Unit Actual Rent: $1,883.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,750.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $122,874.00
  • Assessed Improvement Percent: 40.0
  • Assessed Land Value: $184,318.00
  • Assessed Land Percent: 60
  • Assessed Total Value: $307,192.00

Property History for 802 North Dillon 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 802 North Dillon Street

Taxable ValueLand$700,397Additions$297,618Total$998,015
Tax Record2024$12,317 ($1,026 / month)
Home Facts
Total Finished SqFt2,288 SqFtAbove Grade Finished SqFt2,288 SqFtLot Size3,817 SqFtStyleDuplexYear Built1923ZoningLARD1.5CountyLOS ANGELESAPN5426-013-003

Schools near 802 North Dillon 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
Charter - 6 to 8
Rating
School
Distance
Micheltorena Street Elementary School
PublicK to 5

Thomas Starr King Middle School
Public6 to 8

John Marshall Senior High School
Public9 to 12

Vista Charter Middle School
Charter6 to 8

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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802 North Dillon Street is a multi-family home for sale in Los Angeles, CA 90026. This property was listed for sale on March 8, 2021 by Bruce Jay Associates, it's currently listed at $1,450,000. It has been on the market for a total of 1355 days and was last sold on July 4, 2020. This listing's school district is Los Angeles Unified School District. Nearby schools include Micheltorena Street Elementary School, Thomas Starr King Middle School and John Marshall Senior High School. 802 North Dillon Street is a 6-bed, 3-bath, 2,288 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 Bruce Jay Associates, Bruce Jay, DRE #00559166

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.