NOT LISTED FOR SALE
8 Beds
6 Baths
3,997 Sq Ft
7,000 Sq Ft Lot

Last Sold May 19, 2022

Last sale price $1,150,000 $288 Per Sq Ft

272 Days on Market

About This Home

As of May 2022

Alma Del Pueblo is a six-unit property located in the heart of Mid-City. Mid-City is one of the hottest new submarkets of Los Angeles as its undergoing rapid growth and urbanization. Over the last four years, numerous new ground-up development projects have been completed, apartment owners have begun to extensively rehab their buildings, and single-family residences continue to be purchased by millennials looking for an affordable solution to LA urban living. The transformation of this area will continue to bring new retail and entertainment options, and transform a once sleepy bedroom community into a vibrant city-like community with walkable and bikeable streets, and improved services surrounding major transit hubs. Located at 1663 West Blvd, this six-unit apartment building was built in 1921 and features 3,997 square-feet of improvements on a 6,999 square-foot lot. The property features a unit mix of five one-bedroom and one-bath units that have an average living area of 615 square feet, and one three-bedroom and one-bath unit that has a living area of 900 square feet

Last Agent to Sell the Property

Adam Zunder

Iconic Investments License #01821053 Listed on: 06/22/2021

Co-Listed By

Peter Strauss

Iconic Investments License #01335696

Last Buyer's Agent

Adam Zunder

Iconic Investments License #01821053 Listed on: 06/22/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 7,000 Sq Ft Lot

Parking

  • 4 Car Attached Garage

Interior Spaces

  • 3,997 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 5071-014-048

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3997
  • Lot Acreage: 0.1607
  • Stories: 1
  • Year Built: 1921
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 325.24

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Attached
  • Total Parking: 4

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 56.52
  • Assessed Improvement Value: 278715
  • Assessed Land Percent: 43.48
  • Assessed Land Value: 214395
  • Total Assessed Value: 493110
  • Assessor Parcel Number: 5071-014-048
  • Lot Size Area: 7000

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 15.96
  • Number Of Units: 6
  • Total Annual Expense: 35562
  • Type Of Units: Apartments
  • Vacancy Rate: 0%

Range of Values:

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Average Value
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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 List to Sale Price per Sq Ft
05/19/2022 05/19/22 Sold $1,150,000 -11.5% $288 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
06/22/2021 06/22/21 For Sale $1,300,000 -- $325 / 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: 21-751974

The MLS