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Seller's Agent in 2016
Neema Ahadian
Marcus & Millichap
(213) 943-1800
4 in this area
88 Total Sales
Located in prime Hollywood, one of LA's most densely populated rental markets. Less than 2 blocks north of the Hollywood Forever Cemetery, between Sunset Blvd and Santa Monica Blvd, and just 2blocks east of N Gower St, the property is walking distance to the many attractions, entertainment, restaurants and nightlife of The Sunset Strip and Hollywood. Built in 1952, this building consists of 6 1+1's and 2 2+1's. Separately metered for gas and electric, the building features individual water heaters, 100% copper plumbing, as well as, on-site parking, 6 spaces. The property has space for on-site laundry facilities with washer and dryer hook-ups that a new owner could install machines for extra monthly revenue. This is an opportunity for an investor to acquire an asset in the heart of Hollywood with immediate cash flow.
Last Agent to Sell the Property
Marcus & Millichap License #01346750 Listed on: 06/27/2016
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/06/2016 09/06/16 | Sold | $1,600,000 | -5.9% | $299 / Sq Ft |
| 07/05/2016 07/05/16 | Pending | -- | -- | -- |
| 06/27/2016 06/27/16 | For Sale | $1,700,000 | -- | $317 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $23,226 | $1,856,931 | $1,299,853 | $557,078 |
| 2024 | $22,952 | $1,820,521 | $1,274,366 | $546,155 |
| 2023 | $22,522 | $1,784,826 | $1,249,379 | $535,447 |
| 2022 | $21,505 | $1,749,831 | $1,224,882 | $524,949 |
| 2021 | $21,228 | $1,715,521 | $1,200,865 | $514,656 |
| 2019 | $20,609 | $1,664,640 | $1,165,248 | $499,392 |
| 2018 | $20,466 | $1,632,000 | $1,142,400 | $489,600 |
| 2016 | $7,951 | $598,246 | $218,275 | $379,971 |
| 2015 | $7,845 | $589,261 | $214,997 | $374,264 |
| 2014 | $7,922 | $577,719 | $210,786 | $366,933 |
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Seller's Agent in 2016
Neema Ahadian
Marcus & Millichap
(213) 943-1800
4 in this area
88 Total Sales
Source: The MLS
MLS Number: 16-138844
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