NOT LISTED FOR SALE

1928 S Garth Ave Los Angeles, CA 90034

Mid-City Neighborhood
15 Beds
11 Baths
6,133 Sq Ft
6,304 Sq Ft Lot

Last Sold December 17, 2020

Last sale price $1,875,000 $306 Per Sq Ft

69 Days on Market

About This Home

As of December 2020

We are pleased to present this pride of ownership 6-unit apartment building located in the La Cienega Heights area of Los Angeles at 1928 S Garth Ave. This very well-maintained 6,133 sq ft building is situated on a 6,304 sq ft lot. Built-in 1962, this property consists of (5) 3-bed/2-bath, and (1) studio units.

Last Agent to Sell the Property

Johnnie Stiegler

Lyon Stahl Investment Real Estate, Inc. License #01981597 Listed on: 08/21/2020

Lyon Stahl Investment Real Estate, Inc.

Co-Listed By

Stephen Takahashi

Lyon Stahl Investment Real Estate, Inc. License #01944770

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 6,304 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Home Design

  • Property Attached

Interior Spaces

  • 6,133 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 11 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 8 Parking Spaces
  • 8 Carport Spaces

Listing and Financial Details

  • Tax Lot 329
  • Tax Tract Number 1250
  • Assessor Parcel Number 4302032011

Community Details

Overview

  • 6 Units

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $4,800
  • Insurance Expense $2,147
  • Professional Management Expense $6,030
  • New Taxes Expense $25,000
  • Operating Expense $44,001
  • Gross Income $120,600
  • Net Operating Income $70,569

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • CapRate: 3.53
  • Professional Management Expense: 6030.00
  • Property Attached: Yes
  • Zoning: LARD2
  • Property Type: Residential Income
  • Parcel Number: 4302032011
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 305.72

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 6304.00
  • Lot Size Acres: 0.1447
  • Latitude Manual: 34.04215300

Multi Family

  • Electric Expense: 4800.00
  • Gross Income: 120600.00
  • Gross Multiplier: 16.58
  • Gross Scheduled Income: 120600.00
  • Insurance Expense: 2147.00
  • Lot Size Area: 6304.0000 Square Feet
  • Net Operating Income: 70569.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 44001.00
  • Rent Control: Yes
  • Total Expenses: 44001.00

Tax Info

  • New Taxes Expense: 25000.00
  • Tax Census Tract: 2696.01
  • Tax Lot: 329
  • Tax Tract Number: 1250

Range of Values:

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List 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
12/17/2020 12/17/20 Sold $1,875,000 -6.3% $306 / Sq Ft
10/29/2020 10/29/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $2,000,000 -- $326 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Johnnie Stiegler

    Seller's Agent in 2020

    Johnnie Stiegler

    Lyon Stahl Investment Real Estate, Inc.

    (310) 606-0939

    2 in this area

    94 Total Sales

    Johnnie Stiegler
    Section Image
  • Stephen Takahashi

    Seller Co-Listing Agent in 2020

    Stephen Takahashi

    Lyon Stahl Investment Real Estate, Inc.

    (310) 403-9145

    2 in this area

    99 Total Sales

    Stephen Takahashi
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20170439

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Los Angeles 90034 Mid-City

1928 S Garth Ave, Los Angeles, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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