NOT LISTED FOR SALE

1809 N New Hampshire Ave Los Angeles, CA 90027

Los Feliz Neighborhood
3 Beds
2 Baths
17,838 Sq Ft
0.64 Acres

Last Sold August 29, 2013

Last sale price $5,525,000 $310 Per Sq Ft

Highlights

  • 0.64 Acre Lot
  • Spanish Architecture
  • East Facing Home
  • John Marshall Senior High Rated A

About This Home

As of August 2013

Fabulous location in the solid and trendy Los Feliz area of Los Angeles. Architecturally designed two building, two stories with 22 units. Unit mix is 20 one bedrooms and 2 two story town home styled units. Copper Plumbing; upgraded electrical; 7 year old roof. There are 27 assigned parking spaces as well; some garage and some open air. Excellent and stable tenants makes this one a solid revenue winner. Excellent locale on a great street. East Hollywood, studio, downtown access. Low expenses. Very long term tenants. 100% occupied; rarely turnover. All units are separately metered for gas and electricity. Wood framed and stucco exterior. Gorgeous setting and grounds. Building is solid...4.7% CAP and 14 Market GRM. Very rare for a building and revenue producer like this one to come up in their neighborhood and area.

Last Agent to Sell the Property

Peter Miller

Equity Union License #01256871 Listed on: 07/23/2013

Equity Union

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1936

Lot Details

  • 0.64 Acre Lot
  • Two or More Common Walls
  • East Facing Home
  • Block Wall Fence
  • Density is 21-25 Units/Acre

Parking

  • 10 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 17,838 Sq Ft Home
  • Spanish Architecture
  • Victorian Architecture
  • Bungalow
  • Property Attached
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, HVAC maintenance
  • Tax Lot 11-1
  • Tax Tract Number 1892
  • Assessor Parcel Number 5589029025

Community Details

Overview

  • 3 Buildings
  • 22 Units

Building Details

  • 22 Separate Electric Meters
  • 22 Separate Gas Meters
  • 22 Separate Water Meters
  • Electric Expense $4,300
  • Gardener Expense $4,800
  • Insurance Expense $5,620
  • Maintenance Expense $7,600
  • Pest Control $600
  • Professional Management Expense $7,950
  • Trash Expense $2,425
  • Water Sewer Expense $2,000
  • New Taxes Expense $53,413
  • Gross Income $374,124
  • Net Operating Income $279,886

Property Details

Home Type

Multi-Family

Year Built

Built in 1936

Lot Details

0

Parking

10

Listing Details

  • Assessments: No
  • Professional Management Expense: 7950.00
  • Property Attached: Yes
  • Water Sewer Expenses: 2000.00
  • Zoning: LAR3
  • Architectural Style: Bungalow, Spanish, Victorian
  • Property Type: Residential Income
  • Gardener Expense: 4800.00
  • Parcel Number: 5589029025
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 309.73

Exterior Features

  • Direction Faces: East
  • Foundation: Slab
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 10.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 27.00

Utilities

  • Utilities: Sewer Available
  • Pest Control Expense: 600.00
  • Sewer: Sewer Paid
  • Trash Expense: 2425.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: 21-25 Units/Acre
  • Lot Size Sq Ft: 27799.00
  • Lot Size Acres: 0.6380

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, HVAC Maintenance

Multi Family

  • Electric Expense: 4300.00
  • Gross Income: 374124.00
  • Gross Scheduled Income: 374124.00
  • Insurance Expense: 5620.00
  • Lot Size Area: 27799.0000 Square Feet
  • Maintenance Expense: 7600.00
  • Net Operating Income: 279886.00
  • Number Of Separate Electric Meters: 22
  • Number Of Separate Gas Meters: 22
  • Number Of Separate Water Meters: 22
  • Number Of Units Total: 22
  • Operating Expense: 94238.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 53413.00
  • Tax Lot: 11-1
  • Tax Tract Number: 1892
  • Tax Year: 2012

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
08/29/2013 08/29/13 Sold $5,525,000 +0.5% $310 / Sq Ft
07/29/2013 07/29/13 Pending -- -- --
07/23/2013 07/23/13 For Sale $5,500,000 -- $308 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR13145150

California Regional Multiple Listing Service (CRMLS)