$2,040,000

1623 Avenue Hillhurst Ave Los Angeles, CA 90027

Los Feliz Neighborhood

Estimated payment $13,134/month

Total Views 3,332
7 Beds
8 Baths
6,233 Sq Ft
$327 Price per Sq Ft

Highlights

  • Art Deco Architecture
  • Wood Flooring
  • East Facing Home
  • John Marshall Senior High Rated A
  • Laundry Room
  • Level Lot

About This Home

Built in 1938, this Art Deco gem provides the feel of the old world within the reach of our modern times. This unique multifamily property has 7 total units, 6 apartments and 1 commercial space. Each unit has a front and rear entrance with parking in the rear of the lot. These units have the sense of a home much more so than an average apartment. The hardwood floors and period accents provide a pleasant and comfortable environment in which to live. These factors contribute greatly to the stable collection history of the building. It is located in the Los Feliz area (90027 zip code) of Los Angeles. This is one of the more sought after locations within the city in which to live. It is centrally situated in the heart of our great metropolis! As a practical matter, Los Feliz (90027) is near DTLA, Hollywood, Mid-Wilshire, Griffith Park, Studio City and Glendale/Burbank. It lays in close proximity to several major motion picture studios and Children's Hospital, Los Angeles. The streets in this area are jam packed with restaurants, clubs, bars and night-life! Its closeness to Griffith Park, Los Angeles area sky scrappers, Dodger Stadium & Silverlake remain a central draw for its residents. The location is surrounded by a multitude of employers in almost every conceivable industry which makes this a great choice for young and mature tenants alike. These factors set the stage for the incredible demand for housing which contributes greatly to the true housing supply imbalance. Parking is accessed through the neighboring property to the south. The OM may be accessed via the document section on the MLS Profile Page. Please do not disturb tenants or walk on the property. Lot size and building square footage figures are taken from the Los Angeles County Assessor, broker does not guarantee the accuracy of this information. Please call the listing agent for more information.

Listing Agent

Jim Gilb

James F. Gilb License #00998653 Listed on: 07/15/2025

James F. Gilb

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 7,330 Sq Ft Lot
  • Lot Dimensions are 55x132
  • East Facing Home
  • Level Lot
  • Side Yard Sprinklers
  • Manual Sprinklers System

Home Design

  • Art Deco Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 6,233 Sq Ft Home
  • 2-Story Property
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street

Listing and Financial Details

  • The owner pays for electricity, gardener, water
  • Assessor Parcel Number 5542-003-008

Community Details

Overview

  • 7 Units

Building Details

  • Rent Control
  • Vacancy Allowance $5,379

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Art Deco
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Entry Location: Living Room
  • Living Area: 6233
  • Lot Acreage: 0.1683
  • Lot Dimensions: 55x132
  • Probate: No
  • Stories: 2
  • Year Built: 1938
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dishwasher: 1
  • Flooring: Hardwood, Carpet
  • Appliances: Free Standing Gas
  • Bedrooms: 7
  • Laundry: Room
  • Laundry Equipment: Lease
  • Total Bathrooms: 8.00
  • Equipment: Garbage Disposal
  • Price Per S Q F T: 327.29

Exterior Features

  • Direction Faces: East
  • Construction: Stucco
  • Other Structures: Other
  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: No

Garage/Parking

  • Carport Spaces: 6
  • Parking Garage: Carport
  • Total Parking: 6

Utilities

  • Water Heater: Gas
  • Cooling: Wall Unit(s)
  • Heating: Wall
  • Sewer: In Street
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Sprinklers: Side, Manual
  • Assessed Improvement Percent: 31.75
  • Assessed Improvement Value: 153688
  • Assessed Land Percent: 68.25
  • Assessed Land Value: 330439
  • Total Assessed Value: 484127
  • Assessor Parcel Number: 5542-003-008
  • Lot Description: Curbs, Lot-Level/Flat
  • Lot Size Area: 7330

Rental Info

  • Total Actual Rent: 179305.00
  • Land Lease Type: Fee
  • Owner Pays: Electricity, Gardener, Water
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112
  • Gross Rent Multiplier: 11.38
  • Number Of Units: 7
  • Number Wall A C: 6
  • Rent Control: 100
  • Total Annual Expense: 71944
  • Type Of Units: Apartments
  • Vacancy Allow: 5379
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 5379

Map

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
07/15/2025 07/15/25 For Sale $2,040,000 -- $327 / Sq Ft
Source: The MLS

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Source: The MLS

MLS Number: 25564095

The MLS