NOT LISTED FOR SALE

1440 Hi Point St Los Angeles, CA 90035

Mid-City Neighborhood
-- Bed
-- Bath
-- Sq Ft
1988 Built

Last Sold May 01, 2013

Last sale price $2,450,000

30 Days on Market

Highlights

  • Central Air
  • Laundry Facilities
  • Property is in excellent condition

About This Home

As of May 2013

Attractive, exceptionally clean, well maintained building with a high quality resident base. Built in 1988, spacious units with many updates. Onsite laundry. Room for rent increases based on proven rates! Great location one block south of Pico, between Fairfax and La Cienega. See also listing for 10 units at 1546 Hi Point.

Last Agent to Sell the Property

Ronald Wolfe

Ronald L. Wolfe & Assoc. Inc. License #00354504 Listed on: 10/31/2012

Last Buyer's Agent

Ronald Wolfe

Ronald L. Wolfe & Assoc. Inc. License #00354504 Listed on: 10/31/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Home Design

  • Slab Foundation

Parking

  • 17 Parking Spaces
  • Parking Garage Space

Utilities

  • Central Air
  • Individual Gas Meter

Additional Features

  • 3-Story Property
  • Property is in excellent condition

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 5068017035

Community Details

Building Details

  • Gross Income $190,260
  • Net Operating Income $116,778

Additional Features

  • 10 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1988
  • Income Expenses Annual Income: 190260.0
  • Capitalization Rate: 5% Approximately
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Miscellaneous Parking Spaces: 17.0
  • Building Stories: 3
  • ResoLaundryFeatures: Bldg
  • Subdivision Name: Other
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1988
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • General Property Information Stories2: 3.0
  • HeatingCooling AC Central2: Yes
  • Parking Info Com Garage3: Yes
  • Laundry Bldg: Yes
  • IncomeExpenses NOI2: 116778
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Exterior Features

  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Com Garage
  • Total Parking Spaces: 17.0

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 5068017035
  • Zoning: Other

Rental Info

  • Owner Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 10
  • Annual Gross Income: 190260.0

Range of Values:

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List Price
Sold Price
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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 Change Sq Ft Price
05/01/2013 05/01/13 Sold $2,450,000 0.0% --
11/30/2012 11/30/12 Pending -- -- --
10/31/2012 10/31/12 For Sale $2,450,000 -- --
Source: Santa Barbara Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ronald Wolfe

    Seller's Agent in 2013

    Ronald Wolfe

    Ronald L. Wolfe & Assoc. Inc.

    (805) 618-3223

    6 Total Sales

    Ronald Wolfe
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 12-3394

Santa Barbara Multiple Listing Service
California Los Angeles County Los Angeles 90035 Mid-City

1440 Hi Point St, Los Angeles, CA

This home is located at 1440 Hi Point St, Los Angeles, CA 90035 since 31 October 2012. This property was built in 1988. 1440 Hi Point St is a home located in Los Angeles County with nearby schools including Crescent Heights Boulevard Elementary School, Daniel Webster Middle School, and Alexander Hamilton Senior High School.

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