Seller's Agent in 2021
Jordan Bennett
Regency Real Estate Brokers
(949) 282-9381
2 in this area
310 Total Sales
1668 W 2nd St Los Angeles, CA 90026
Westlake Neighborhood
3
Beds
4
Baths
3,120
Sq Ft
7,000
Sq Ft Lot
Highlights
- No HOA
- Wrought Iron Fence
- 1-Story Property
- Laundry Room
- Wall Furnace
- 4-minute walk to Unidad Park & Community Garden
About This Home
As of October 2021Great opportunity to get into a 5 unit at this price! Ideally located in the Westlake District, one of the hippest neighborhoods and one of the last pockets on the Eastside that is poised for gentrification, on the border of DTLA and Historic Filipinotown, minutes from Dodger’s Stadium, Chinatown, Hollywood, Downtown, Convention Center, and the Staples Center. With only one unit rented, a savvy investor could complete the remodels that have already been started on the remaining units and immediately rent them at market rents. Featuring great floorplans with open kitchens to large family rooms and a large courtyard space that could be cleaned up to provide great outdoor living. This is single story living at it's finest with the potential to expand for the right buyer.
Last Agent to Sell the Property
Regency Real Estate Brokers License #01850869 Listed on: 09/15/2021
Last Buyer's Agent
Regency Real Estate Brokers License #01850869 Listed on: 09/15/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1954
Lot Details
- 7,000 Sq Ft Lot
- Two or More Common Walls
- Wrought Iron Fence
- Wood Fence
- Density is 2-5 Units/Acre
Home Design
- Quadruplex
- Composition Roof
- Stucco
Interior Spaces
- 3,120 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
- Parking Available
- Parking Lot
Utilities
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 6
- Assessor Parcel Number 5153011007
Community Details
Overview
- No Home Owners Association
- 5 Units
Building Details
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $187
- Gardener Expense $45
- Insurance Expense $6,770
- Maintenance Expense $476
- Professional Management Expense $1,875
- Trash Expense $6,450
- Water Sewer Expense $1,662
- Operating Expense $18,080
- Net Operating Income $72,000
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/13/2021 10/13/21 | Sold | $910,000 | 0.0% | $292 / Sq Ft |
| 09/22/2021 09/22/21 | Pending | -- | -- | -- |
| 09/21/2021 09/21/21 | Off Market | $910,000 | -- | -- |
| 09/15/2021 09/15/21 | For Sale | $799,900 | -- | $256 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Jordan Bennett
-
Leland Pfannenstiel
Buyer Co-Listing Agent in 2021
Leland Pfannenstiel
Regency Real Estate Brokers
(949) 282-0088
1 in this area
91 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21194399
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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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