Restricted Address

Los Angeles, CA 90021

$3,890,000
Price
42
Beds
6
Baths
13,371 Sq. Ft.
$291 / Sq. Ft.
13,371
Sq. Ft.
$291
per Sq. Ft.

Description

Huge price reduction-send all offers! Great investment opportunity in Prime Downtown Fashion District. HUGE upside in rent. There are 33 units, eleven on each floor. There are 2 bathrooms on each floor. There are separate Electric Meter per Each Apartment. Each apartment is currently on Month to Month rent. There are one vacant unit. CAP IS PRO FORMA Please message LA 1 Agent for full Marketing Package and Rent Roll. Motivated seller -send all offers!Huge price reduction-send all offers! Great investment opportunity in Prime Downtown Fashion District. HUGE upside in rent. There are 33 units, eleven on each floor. There are 2 bathrooms on each floor. There are separate Electric Meter per Each Apartment. Each apartment is currently on Month to Month rent. There are one vacant unit. CAP IS PRO FORMA Please message LA 1 Agent for full Marketing Package and Rent Roll. Motivated seller -send all offers!
  1. Listed by Afshin Ben Rafael • DRE #01206313 • Brokerage DRE #01206313 • Exclusive Realty & Finance

Property Details for Restricted Address

Zoning
LAM2
Parcel Number
5146025030
Total Units
33.0
Living Area
13371
Source Living Area
Vendor Enhanced
Area
Downtown L.A. (C42)
Vacancy Rate
3
Lot Size Area
6697
LISTING UPDATED: 01/01/2025 12:01 AM

Property Details for Restricted Address

StatusActive
MLS #24-474367
Days on Market9
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1908
Lot Size0.15 AC / 6,697 SF
CountyLos Angeles County

Building Information for Restricted Address

Stories3Residences-Year Built1908Building Size-Lot Size0.15 AC / 6,697 SF

Property Information for Restricted Address

Community / Development
Community / Development
  • Number Of Units: 33
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 3
  • Number Of Buildings: 1
  • Type Of Units: Studio and 2
  • Direction Faces: East
Contract Info
Contract Info
  • Financing: Cash To New Loan
  • Disclosures: 3rd Party Rights
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $475,200
  • Net Operating Income: $352,050.00
  • Gross Income: $475,200
  • Cap Rate: 7.80%
  • Gross Rent Multiplier: $9.46
  • Total Annual Expense: 123150
Land / Lot Info
Land / Lot Info
  • Lot Size Square Feet: 6697
Parking Details
Parking Details
  • Parking Garage: Other
  • Total Parking: 5
Interior Features
Interior Features
  • Levels: Multi/Split, Three Or More
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 12-24-2024
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 0
  • Unit Furnished: No
  • Unit Rent: $900.00
  • Unit Actual Rent: $900.00
  • Unit Projected Rent: $1,100.00
  • Like Units: 110
Unit 2 Information
  • Unit Beds: 0
  • Unit Baths: 0
  • Unit Furnished: No
  • Unit Rent: $595.00
  • Unit Actual Rent: $595.00
  • Unit Projected Rent: $1,100.00
  • Like Units: 109
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $478,607.00
  • Assessed Land Value: $346,011.00

Property History for Restricted Address

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for Restricted Address

Taxable ValueLand$393,698Additions$544,569Total$938,267
Tax Record2024$17,807 ($1,484 / month)
Home Facts
Total Finished SqFt13,371 SqFtAbove Grade Finished SqFt13,371 SqFtLot Size6,697 SqFtStyleMulti-Family Res (5+ Units)Year Built1908ZoningLAM2CountyLOS ANGELESAPN5146-025-030

Schools near Restricted Address

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
Ninth Street School
PublicK to 5

John Adams Middle School
Public6 to 8

Thomas Jefferson Senior High School
Public9 to 12

Nava College Preparatory Academy
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.

Similar Homes

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Restricted Address is a multi-family home for sale in Los Angeles, CA 90021. This property was listed for sale on December 24, 2024 by Exclusive Realty & Finance, it's currently listed at $3,890,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Ninth Street School, John Adams Middle School and Thomas Jefferson Senior High School. Restricted Address is a 42-bed, 6-bath, 13,371 sqft multi-family home built in 1908.

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 Exclusive Realty & Finance, Afshin Ben Rafael, DRE #01206313

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.