1449 S Point View St Los Angeles, CA 90035
Mid-City NeighborhoodEstimated payment $21,923/month
Highlights
- No HOA
- Laundry Room
- Level Lot
About This Home
We are pleased to present a nine (9) unit apartment building located at 1449 South Point View Street in Los Angeles, California. This meticulously maintained property is situated in a prime Pico/Fairfax location, south of West Pico Boulevard and west of South Fairfax Avenue near "The Grove". Built in 1965, this property contains a great unit mix of five (5) one-bedroom/one-bathroom units and four (4) two-bedroom/two-bathroom units. All units are within a 7,566 square foot (SF) building. This building includes an on-site laundry common area, and nine (9) covered parking spaces within the carport and tuck-under in the back. New paint, 4 units fully remodeled, retrofit completed in 2023. The tenants pay for electricity and gas, and the offering can be delivered with one (2) vacancy. Situated in a prime Pico/Fairfax location, this offering presents an excellent opportunity for any investor to capitalize leasing with rental upside potential and adding value in a gentrifying market adjacent to Beverly Hills.
Listing Agent
Capital Investments Real Estat Brokerage Phone: 626-833-8143 License #01878589
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1965
Lot Details
- 8,506 Sq Ft Lot
- Two or More Common Walls
- Level Lot
- Density is 6-10 Units/Acre
Parking
- 9 Car Garage
- 9 Carport Spaces
- Parking Available
- Assigned Parking
Home Design
- Apartment
Interior Spaces
- 7,566 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 14 Bedrooms
- 14 Bathrooms
Location
- Urban Location
Listing and Financial Details
- Tax Lot 3
- Tax Tract Number 8510
- Assessor Parcel Number 5068012014
- $1,362 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 9 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 9 Separate Electric Meters
- 9 Separate Gas Meters
- Electric Expense $18,000
- Fuel Expense $1,101
- Insurance Expense $5,148
- Trash Expense $6,655
- Water Sewer Expense $6,000
- Operating Expense $70,156
- Gross Income $201,419
- Net Operating Income $130,287
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/22/2025 01/22/25 | For Sale | $3,350,000 | +17.5% | $443 / Sq Ft |
| 06/02/2022 06/02/22 | Sold | $2,850,000 | -3.4% | $377 / Sq Ft |
| 03/21/2022 03/21/22 | Pending | -- | -- | -- |
| 03/03/2022 03/03/22 | Price Changed | $2,950,000 | -4.8% | $390 / Sq Ft |
| 01/13/2022 01/13/22 | For Sale | $3,100,000 | -- | $410 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS25016474
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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