NOT LISTED FOR SALE

1915 S Longwood Ave Los Angeles, CA 90016

Mid-City Neighborhood
12 Beds
8 Baths
6,274 Sq Ft
6,602 Sq Ft Lot

Last Sold May 02, 2014

Last sale price $950,000 $151 Per Sq Ft

25 Days on Market

Highlights

  • Gated Parking
  • Views of Trees
  • Bonus Room
  • Gated Community
  • Traditional Architecture
  • Covered Patio or Porch

About This Home

As of May 2014

This well-maintained 7-unit apartment building is located in the IDEAL rental area of West View Heights. Its great views and close proximity to The Grove, Culver City, Beverly Hills, and the 10 freeway make the area a prime living location. Not to mention, the property has a 0% vacancy rate, as all units are fully rented. The building boasts an excellent mix of 2+2+bonus, 2+1, and 1+1 units, including a laundry facility and private parking for each unit on the premises. Current and future market trends indicate a TREMENDOUS upside potential on rents. The property is priced to sell and the owners are entertaining all reasonable offers. DRIVE BY ONLY, DO NOT DISTURB TENANTS! INTERIOR INSPECTION UPON ACCEPTED OFFER.

Last Agent to Sell the Property

Patrick Kindred

Patrick Kindred License #01762998 Listed on: 02/08/2014

Last Buyer's Agent

Kelli Davis

Kelli Davis License #01420313

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,602 Sq Ft Lot
  • Lot Dimensions are 55x120
  • Gated Home

Parking

  • 2 Car Garage
  • 5 Attached Carport Spaces
  • Gated Parking
  • Controlled Entrance

Property Views

  • Trees
  • Hills

Home Design

  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Shake Roof
  • Stucco

Interior Spaces

  • 6,274 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Bonus Room
  • Window Bars
  • Laundry Room

Kitchen

  • Double Oven
  • Gas Cooktop
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Heating
  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 5062-002-029

Community Details

Amenities

  • Laundry Facilities
  • Community Mailbox

Additional Features

  • 7 Units
  • Rent Control
  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Builders Tract Code: 2185
  • Entry Location: Ground Level w/steps
  • Living Area: 6274
  • Lot Dimensions: 55x120
  • Property Condition: Repair Cosmetic
  • Stories: 2
  • Year Built: 1963
  • Builders Tract Name: West View Heights
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Built-In And Free Standing, Cooktop - Gas, Double Oven
  • Bedrooms: 12
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Counter Top
  • Laundry: Community, Laundry Area
  • Laundry Equipment: Own
  • Total Bathrooms: 8.00
  • Den: 0
  • Equipment: Built-Ins, Ceiling Fan, Garbage Disposal, Refrigerator
  • Price Per S Q F T: 183.30

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony
  • Tennis Court Y/N: No
  • Construction: Frame and Stucco
  • Patio: Covered
  • Pool: No
  • Roof: Shake
  • Spa Yn: No
  • View: Hills, Tree Top
  • View: Yes

Garage/Parking

  • Carport Spaces: 5
  • Garage Spaces: 2
  • Covered Parking: 7
  • Parking Garage: Carport Attached, Controlled Entrance, Covered Parking, Garage - 2 Car, Gated, Parking Space
  • Total Parking: 7

Utilities

  • Cooling: Ceiling Fan
  • Electric Expense: 2400.00
  • Heating: Central, Wall Gas
  • Security: Gated, Window Bars
  • Sewer: In Street, In Street Paid
  • Water Expense: 1800.00

Association/Amenities

  • Community Features: Community Mailbox
  • Amenities: Gated Parking

Fee Information

  • Gas Expense: 1800.00
  • Insurance Expense: 3225.00
  • Maintenance Expense: 1200.00
  • Trash Expense: 3019.00

Schools

  • School District: Los Angeles Unified

Lot Info

  • Assessed Improvement Percent: 38.00
  • Assessed Improvement Value: 282985
  • Assessed Land Value: 452778
  • Total Assessed Value: 735763
  • Assessor Parcel Number: 5062-002-029
  • Geocode Override: No
  • Lot Description: Gated Community
  • Lot Location: Alley Access
  • Lot Size Area: 6602

Rental Info

  • Total Actual Rent: 84480.00
  • Lease Per Month Year: Month
  • Owner Pays: Gardener, Water
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112
  • Gross Rent Multiplier: 13.61
  • Number Of Units: 7
  • Total Annual Expense: 23348
  • Type Of Units: Apt
  • Vacancy Allow Percent: 5.00
  • Vacancy Rate: 0%

Tax Info

  • Tax Expense: 9904.00

MLS Schools

  • School District: Los Angeles Unified

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
05/02/2014 05/02/14 Sold $950,000 -17.4% $151 / Sq Ft
03/05/2014 03/05/14 Pending -- -- --
02/08/2014 02/08/14 For Sale $1,150,000 -- $183 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2014

    Patrick Kindred

    Patrick Kindred

  • K

    Buyer's Agent in 2014

    Kelli Davis

    Kelli Davis

    (310) 925-2857

    1 Total Sale

    Kelli Davis
    Section Image
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Map

Source: The MLS

MLS Number: 14-736343

The MLS
California Los Angeles County Los Angeles 90016 Mid-City

1915 S Longwood Ave, Los Angeles, CA

This home is located at 1915 S Longwood Ave, Los Angeles, CA 90016 since 08 February 2014. This property was built in 1963. 1915 S Longwood Ave is a home located in Los Angeles County with nearby schools including Alta Loma Elementary, Johnnie L. Cochran Jr. Middle School, and Los Angeles Senior High School.

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