NOT LISTED FOR SALE

201 S Park View St Los Angeles, CA 90057

Westlake Neighborhood
7 Beds
6 Baths
5,128 Sq Ft
7,500 Sq Ft Lot

Last Sold December 10, 2018

Last sale price $1,230,000 $240 Per Sq Ft

About This Home

As of December 2018

DEVELOPER SPECIAL! Potential TOC Bonus allowance. Exceptional development opportunity in an area exploding with growth. Parcel next door (205-207 S. Park View) for sale as well. Buy one, or both for a total of 15,013 sq feet of potential multi-unit living. Buyer to conduct own due diligence and investigate any bonus density allowances offered under the "Transit Oriented Communities Affordable Housing Incentive Program Guidelines" to capture the maximum upside of this potential development. Currently a fully occupied five unit building. This property is located in a quiet neighborhood offering an easy commute to all of the trendy Downtown Los Angeles spots with easy access to the 110 and 101 freeways. You are minutes away from all the amenities that continue to grow in Downtown Los Angeles surrounding Staples Center, and old reliable venues such as Chinatown, Hollywood and so much more! PLEASE DO NOT DISTURB OCCUPANTS. Drive by only. SOLD AS IS.

Last Agent to Sell the Property

Mehrnoosh Oheb

Concierge Realty Group License #01238979 Listed on: 08/20/2018

Last Buyer's Agent

Mehrnoosh Oheb

Concierge Realty Group License #01238979 Listed on: 08/20/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 7,500 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 5,128 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Additional Features

  • Laundry Room
  • Urban Location

Listing and Financial Details

  • Tax Lot 82
  • Tax Tract Number 67
  • Assessor Parcel Number 5154014020

Community Details

Building Details

  • 5 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Electric Expense $1,000
  • Gardener Expense $600
  • Insurance Expense $3,106
  • Maintenance Expense $5,047
  • Pest Control $576
  • Professional Management Expense $2,601
  • Trash Expense $500
  • Water Sewer Expense $1,847
  • New Taxes Expense $9,821
  • Operating Expense $26,048
  • Gross Income $66,384
  • Net Operating Income $40,336

Additional Features

  • 5 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Parking

4

Listing Details

  • Other Phone Description: 818 326 7611
  • Professional Management Expense: 2601.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1847.00
  • Zoning: LAR-3
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 5154014020
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 239.86

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Pest Control Expense: 576.00
  • Sewer: Public Sewer
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1722

Multi Family

  • Electric Expense: 1000.00
  • Gross Income: 66384.00
  • Gross Scheduled Income: 66384.00
  • Insurance Expense: 3106.00
  • Lot Size Area: 7500.0000 Square Feet
  • Maintenance Expense: 5047.00
  • Net Operating Income: 40336.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 26048.00
  • Rent Control: Yes
  • Total Expenses: 26048.00

Tax Info

  • New Taxes Expense: 9821.00
  • Tax Census Tract: 2085.02
  • Tax Lot: 82
  • Tax Tract Number: 67

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 List to Sale Price per Sq Ft
12/10/2018 12/10/18 Sold $1,230,000 +2.5% $240 / Sq Ft
09/23/2018 09/23/18 Pending -- -- --
08/20/2018 08/20/18 For Sale $1,200,000 -- $234 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Mehrnoosh Oheb

    Concierge Realty Group

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18177346

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Los Angeles 90057 Westlake

201 S Park View St, Los Angeles, CA

This home is located at 201 S Park View St, Los Angeles, CA 90057 since 20 August 2018. This property was built in 1927. 201 S Park View St is a home located in Los Angeles County with nearby schools including Rosemont Avenue Elementary School, Sal Castro Middle School, and Belmont High School.

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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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