NOT LISTED FOR SALE

10815 Rose Ave Los Angeles, CA 90034

9 Beds
9 Baths
6,830 Sq Ft
6,501 Sq Ft Lot

Last Sold April 30, 2019

Last sale price $3,130,000 $458 Per Sq Ft

29 Days on Market

About This Home

As of April 2019

Seven large units on the nicest street in Palms, 4%+ CAP on current rents, all copper plumbing. Surrounded by institutional-quality assets in a prime Westside location, 10815 Rose Ave. is an outstanding opportunity to secure a growth asset with strong current rents in a low turnover area. Oversized, home-like, units offer varied floorplans and distinct features including built-ins, dining rooms, bar areas and library/entryway nooks. With one-bedrooms averaging over 900sf and a 1,300sf 3-bed 3-bath townhome, units offer the potential for luxury remodeling and additional bedrooms. Plenty of parking and private yards, patios and balconies add to the building's attractiveness to renters. Excellent location immediately accessible from the 10 and 405 Freeways and walk/bike friendly to the Expo Line, Downtown Culver City, Venice Boulevard and the future 600,000sf Google campus at the former site of the Westside Pavilion. Separately-metered. Subject to City of LA Soft-Story Retrofit Program.

Last Agent to Sell the Property

Adam Peterson

CB Richard Ellis, Inc. License #01815802 Listed on: 01/17/2019

Last Buyer's Agent

Andrew Lee

Andrew C. Lee License #01046440

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 6,501 Sq Ft Lot

Interior Spaces

  • 6,830 Sq Ft Home
  • 2-Story Property
  • Built-In Features

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Bathrooms

Parking

  • 12 Parking Spaces
  • Covered Parking
  • Driveway
  • Assigned Parking

Utilities

  • Window Unit Cooling System
  • Radiant Heating System

Community Details

  • 7 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for gardener, water
  • Assessor Parcel Number 4254-017-031

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 6830
  • Probate: No
  • Stories: 2
  • Year Built: 1969
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 9
  • Total Bathrooms: 9.00
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 468.52

Exterior Features

  • Tennis Court Y/N: No
  • Construction: Frame and Stucco
  • Pool: No

Garage/Parking

  • Parking Garage: Assigned, Covered Parking, Driveway
  • Total Parking: 12

Utilities

  • Cooling: Window Unit(s)
  • Heating: Radiant

Lot Info

  • Assessed Improvement Value: 500757
  • Assessed Land Value: 289452
  • Assessor Parcel Number: 4254-017-031
  • Geocode Override: No
  • Lot Size Area: 6501

Rental Info

  • Owner Pays: Gardener, Water
  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 15.86
  • Number Of Units: 7
  • Rent Control: 100
  • Type Of Units: Apartment

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2019 04/30/19 Sold $3,130,000 -2.2% $458 / Sq Ft
02/15/2019 02/15/19 Pending -- -- --
01/17/2019 01/17/19 For Sale $3,200,000 -- $469 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-424976

The MLS