$1,100,000
SOLD FEB 1, 2014

1843 S La Brea Ave Los Angeles, CA 90019

Mid-City Neighborhood
9 Beds
8 Baths
6,062 Sq Ft
7,004 Sq Ft Lot

Recently Sold

$181 Per Sq Ft

8% Below List Price

155 Days on Market

About This Home

As of June 2016

This charming, well-maintained 8-unit apartment building sits in an improving sub-market. This apartment building has an excellent mix of 1+1 & 2+1 units with parking for each tenant. With rents on the rise this "Beauty & the Bottom Line" presents the opportunity to purchase an investment that offers cash flow today with upside tomorrow.

Last Agent to Sell the Property

Scott Rosenberg

Kidder Mathews of California, Inc. License #01456686 Listed on: 08/15/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1931

Lot Details

  • 7,004 Sq Ft Lot

Interior Spaces

  • 6,062 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Parking

  • 8 Parking Spaces
  • Assigned Parking

Utilities

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

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 5067-014-026

Property Details

Home Type

Multi-Family

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6062
  • Stories: 2
  • Year Built: 1931
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 9
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 8.00
  • Den: 0
  • Equipment: Range/Oven
  • Price Per S Q F T: 187.23

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 8

Utilities

  • Cooling: Window Unit(s)
  • Electric Expense: 2046.00
  • Heating: Wall
  • Water Expense: 2046.00

Fee Information

  • Gas Expense: 2046.00
  • Insurance Expense: 2122.00
  • Maintenance Expense: 6000.00
  • Management Expense: 5115.00
  • Trash Expense: 1320.00

Lot Info

  • Assessed Improvement Value: 183107
  • Assessed Land Value: 554877
  • Assessor Parcel Number: 5067-014-026
  • Geocode Override: No
  • Lot Size Area: 7004

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 11.70
  • Number Of Units: 8
  • Total Annual Expense: 39158
  • Type Of Units: Apartments
  • Vacancy Rate: 3%

Tax Info

  • Tax Expense: 14063.00

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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
06/23/2016 06/23/16 Sold $1,350,000 -11.8% $223 / Sq Ft
06/11/2016 06/11/16 Pending -- -- --
10/06/2015 10/06/15 For Sale $1,530,000 +39.1% $252 / Sq Ft
02/01/2014 02/01/14 Sold $1,100,000 -8.3% $181 / Sq Ft
01/17/2014 01/17/14 Pending -- -- --
08/15/2013 08/15/13 For Sale $1,200,000 +43.2% $198 / Sq Ft
09/28/2012 09/28/12 Sold $838,000 -2.0% $138 / Sq Ft
09/06/2012 09/06/12 Pending -- -- --
05/01/2012 05/01/12 For Sale $855,000 -- $141 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Andrew Cha

    Andrew Cha

    (213) 388-8989

    8 Total Sales

    Andrew Cha
    Section Image

  • D

    Buyer's Agent in 2016

    David Kahenasa

    ARLO Real Estate Advisors

    Section Image
  • Scott Rosenberg

    Seller's Agent in 2014

    Scott Rosenberg

    Kidder Mathews of California, Inc.

    4 in this area

    15 Total Sales

    Scott Rosenberg
    Section Image

  • S

    Seller's Agent in 2012

    Samuel Sabandal

    Corcoran Global Living

See All Agents

Map

Source: The MLS

MLS Number: 13-695989

The MLS
California Los Angeles County Los Angeles 90019 Mid-City

1843 S La Brea Ave, Los Angeles, CA

This home is located at 1843 S La Brea Ave, Los Angeles, CA 90019 and is currently priced at $1,100,000, approximately $181 per square foot. This property was built in 1931. 1843 S La Brea Ave is a home located in Los Angeles County with nearby schools including Saturn Street Elementary School, Los Angeles Senior High School, and Stella Elementary Charter Academy.

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