NOT LISTED FOR SALE
21 Beds
21 Baths
11,672 Sq Ft
8,815 Sq Ft Lot

Last Sold July 22, 2019

Last sale price $5,860,000 $502 Per Sq Ft

14 Days on Market

Highlights

  • Gated Parking
  • Central Heating and Cooling System
  • 1-minute walk to Ohio And Bundy Triangle Park
  • Parking Garage
  • Controlled Entrance

About This Home

As of July 2019

NON-RENT-CONTROLLED. Golden opportunity to purchase an exceptional 12-unit multifamily complex within walking distance to METRO STATION. Built in 1987, this well-maintained 11670+ SF building is on a wide and expansive 8800+ SF lot in the heart of West Los Angeles. Approx 16.59 GRM. Easy-to-manage turnkey asset in a superb rental location. Excellent mix of 9 two-bedroom and 3 one-bedroom apartments -- yielding 21 large bedrooms, 21 bathrooms, 22 parking spaces, 12 balconies, and 12 fireplaces. Units are bright, with central AC and heat. Building has secure entry, gated garage, and community laundry room. Tremendous upside potential through cosmetic and other improvements. Short stroll to Metro Expo light-rail station near Bundy and Olympic. WalkScore of 90/100 ("Walker's Paradise"). Centrally located near 10 and 405 freeways, as well as Brentwood, Sawtelle, Santa Monica, Westwood and Century City. Please do not disturb occupants.

Last Agent to Sell the Property

Dennis Wong

Sunshine Realty License #01895999 Listed on: 06/01/2019

Co-Listed By

Felix Wong

Sunshine Realty License #01198940

Last Buyer's Agent

Felix Wong

Sunshine Realty License #01198940

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 8,815

Interior Spaces

  • 11,672 Sq Ft Home
  • 3-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 21 Bedrooms
  • 21 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 22 Car Garage
  • Parking Garage
  • Garage Door Opener
  • Gated Parking
  • Controlled Entrance

Additional Features

  • 8,815 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 4263-036-037

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 11672
  • Stories: 3
  • Year Built: 1987
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 21
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 21.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 471.21

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Community Garage, Controlled Entrance, Door Opener, Gated, Subterranean
  • Total Parking: 22

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 1099526
  • Assessed Land Value: 1487596
  • Assessor Parcel Number: 4263-036-037
  • Geocode Override: No
  • Lot Size Area: 8815

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115, 2116, 2117
  • Gross Rent Multiplier: 16.59
  • Number Of Units: 12
  • Rent Control: 0
  • Total Annual Expense: 102397
  • Type Of Units: Apartments
  • Vacancy Rate: 8.33%

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 Change Sq Ft Price
07/22/2019 07/22/19 Sold $5,860,000 +6.5% $502 / Sq Ft
06/15/2019 06/15/19 Pending -- -- --
06/01/2019 06/01/19 For Sale $5,500,000 -- $471 / 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: 19-471810

The MLS