809 Flora Drive
Description
- Pool and deck resurfacing, drainage to code
- Roof replacement (2014/2019)
- New handrails, entry gate, and LED carport lighting
- Walkway resurfacing, concrete leveling, and exterior paint
- SB721 compliant: owner has completed the required inspections of balconies, decks, and elevated walk ways. Additional Value-Add Potential:
Under CA State Bill SB1211, the property qualifies for the addition of (4) 450 sq. ft. 1BD/1BA ADUs, boosting cash-on-cash returns to 8.69% at pro forma rents. Beginning January 2025, rental increase limits will align with California’s 5% + CPI cap, providing a pathway to market rents faster.
- Listed by Andrew McAllister • DRE #01946829 • Brokerage DRE #02188471 • eXp Realty of Greater L.A • 925-683-9203
Property Details for 809 Flora Drive
Property Details for 809 Flora Drive
| Status | Active |
|---|---|
| MLS # | RS24247822 |
| Days on Market | 10 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Mixed Use |
| MLS Type | Residential Income |
| Year Built | 1954 |
| Lot Size | 0.26 AC / 11,513 SF |
| County | Los Angeles County |
Building Information for 809 Flora Drive
Property Information for 809 Flora Drive
- Tenant Pays: Electricity, Gas
- Gross Income: $172,680
- Gross Scheduled Income: $172,680
- Vacancy Allowance: 5144
- Vacancy Allowance Rate: 3
- Net Operating Income: $97,324
- Laundry Income: $1,200
- Gross Multiplier: 12.71
- Cap Rate: 4.43
- Operating Expense: $70,212
- New Taxes Expense: $30,210
- Gardener Expense: $1,200
- Fuel Expense: $0
- Pest Control Expense: $720
- Pool Expense: $2,065
- Electric Expense: $0
- Insurance Expense: $7,200
- Maintenance Expense: $6,750
- Professional Management Expense: $8,317
- Other Expense: $10,600
- Other Expense Description: Utilitie
- Trash Expense: $0
- Water Sewer Expense: $0
- Supplies Expense: $3,150
- Total Expenses: $70,212
- Tax Area: 4569
- Tax Rate: 1.25
- Tax Tract Number: 18340
- Tax Census Tract: 6013.02
- Tax Lot: 13
- Assessments YN: Yes
- Assessments: Special Assessments, Buyer to Verify
- Community Features: Sidewalks, Storm Drains, Street Lights, Urban
- Laundry: Yes
- Laundry Features: Common Area
- Laundry Equipment Own Lease: Own
- Cooling: None
- Heating Type: Wall
- Heating: Wall Furnace
- Roof: Flat
- Entry Location: Ground
- Pool Features: Private, In Ground
- Pool Description: In Ground, Private
- Spa Features: None
- Lot Features: Lot 10000-19999 Sqft
- Number Of Units: 9
- Land Lease: No
- Land Lease Type: Fee
- Levels: Two
- Water: Public
- Sewer: Public Sewer
- Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Electric: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Water Source: Public
- Garage Spaces: 0
- Parking: Yes
- Parking Garage Spaces: 0
- Carport Spaces: 9
- Parking Features: Covered
- 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: $1,323
- Unit Type Total Rent: $1,323
- Unit Type Pro Forma: 1995
- 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: $1,995
- Unit Type Total Rent: $1,995
- Unit Type Pro Forma: 1995
- 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: 0
- Unit Type Actual Rent: $1,273
- Unit Type Total Rent: $1,273
- Unit Type Pro Forma: 1995
- 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: 0
- Unit Type Actual Rent: $1,599
- Unit Type Total Rent: $1,599
- Unit Type Pro Forma: 1995
- 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: $1,236
- Unit Type Total Rent: $1,236
- Unit Type Pro Forma: 1995
- Unit Type Type: 5
- 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: $1,236
- Unit Type Total Rent: $1,236
- Unit Type Pro Forma: 1995
- Unit Type Type: 6
- Unit Type Units Total: 1
- Unit Type Beds Total: 3
- Unit Type Baths Total: 3
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $2,793
- Unit Type Total Rent: $2,793
- Unit Type Pro Forma: 2995
- Unit Type Type: 7
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $1,236
- Unit Type Total Rent: $1,236
- Unit Type Pro Forma: 2495
- Unit Type Type: 8
- 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: $1,599
- Unit Type Total Rent: $1,599
- Unit Type Pro Forma: 1995
- Unit Type Type: 9
- Number Of Units Leased: 9
- Rent Controlled: No
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 10
- Number Of Separate Gas Meters: 10
- Number Of Separate Water Meters: 1
Property History for 809 Flora Drive
| 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 809 Flora Drive
Schools near 809 Flora Drive
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 6 | |||
| Public - | K to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 5 |
Rating | School | Distance |
|---|---|---|
Highland Elementary School PublicK to 6 | ||
Parent (Frank D.) Elementary School PublicK to 8 | ||
Inglewood High School Public9 to 12 | ||
Wilder's Preparatory Academy Charter 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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Listing Courtesy of eXp Realty of Greater L.A, Andrew McAllister, DRE #01946829
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.