NOT LISTED FOR SALE

2244 S Western Ave Los Angeles, CA 90018

Adams-Normandie Neighborhood
6 Beds
3 Baths
13,362 Sq Ft
0.35 Acres

Last Sold August 13, 2021

Last sale price $3,675,000 $275 Per Sq Ft

Highlights

  • In Ground Pool
  • Laundry Room
  • Wall Furnace
  • 0.35 Acre Lot

About This Home

As of August 2021

Sold Before Print

Last Agent to Sell the Property

Wendy Morley

Pinnacle Estate Properties, Inc. License #01788681 Listed on: 08/15/2021

Pinnacle Estate Properties, Inc.

Co-Listed By

Larry Smart

Pinnacle Estate Properties, Inc. License #01024190

Last Buyer's Agent

Wendy Morley

Pinnacle Estate Properties, Inc. License #01788681 Listed on: 08/15/2021

Pinnacle Estate Properties, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.35 Acre Lot
  • No Common Walls

Home Design

  • Cosmetic Repairs Needed

Interior Spaces

  • 13,362 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Parking

  • 18 Parking Spaces
  • Parking Available
  • Covered Parking
  • Automatic Gate
  • Assigned Parking

Pool

  • In Ground Pool
  • Fence Around Pool

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 8 / 4
  • Assessor Parcel Number 5058016024
  • $2,522 per year additional tax assessments

Community Details

Overview

  • 18 Units

Recreation

  • Community Pool

Building Details

  • 18 Leased Units
  • Rent Control
  • 19 Separate Electric Meters
  • 19 Separate Gas Meters
  • Electric Expense $2,252
  • Fuel Expense $4,830
  • Insurance Expense $10,669
  • Professional Management Expense $12,491
  • Trash Expense $5,538
  • Water Sewer Expense $14,438
  • Operating Expense $50,218
  • Gross Income $294,089
  • Net Operating Income $144,469

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 4.00
  • Price Per Unit: 216
  • Professional Management Expense: 12491.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Automatic Gate
  • View: No
  • Water Sewer Expenses: 14438.00
  • Zoning: LAC2
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 5058016024
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Price Per Square Foot: 275.03

Exterior Features

  • Pool Features: Community, Fenced, In Ground
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Covered
  • Total Parking Spaces: 18.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 5538.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 15240.00
  • Lot Size Acres: 0.3499

Multi Family

  • Electric Expense: 2252.00
  • Fuel Expense: 4830.00
  • Gross Income: 294089.00
  • Gross Scheduled Income: 283589.00
  • Insurance Expense: 10669.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 10500.00
  • Lot Size Area: 15240.0000 Square Feet
  • Net Operating Income: 144469.00
  • Number Of Separate Electric Meters: 19
  • Number Of Separate Gas Meters: 19
  • Number Of Units Leased: 18
  • Number Of Units Total: 18
  • Operating Expense: 134916.00
  • Other Expense Description: Contact
  • Other Income Description: Contact for more inc/exp info
  • Rent Control: Yes
  • Total Expenses: 50218.00

Tax Info

  • Tax Area: 2222
  • Tax Block: 4
  • Tax Census Tract: 2215.00
  • Tax Lot: 8
  • TaxOtherAnnualAssessmentAmount: 2522.00

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
08/15/2021 08/15/21 For Sale $3,900,000 +6.1% $292 / Sq Ft
08/13/2021 08/13/21 Sold $3,675,000 -- $275 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Wendy Morley

    Seller's Agent in 2021

    Wendy Morley

    Pinnacle Estate Properties, Inc.

    (818) 665-9202

    2 in this area

    69 Total Sales

    Wendy Morley
    Section Image
  • Larry Smart

    Seller Co-Listing Agent in 2021

    Larry Smart

    Pinnacle Estate Properties, Inc.

    (805) 444-6665

    2 in this area

    67 Total Sales

    Larry Smart
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21110394

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Los Angeles 90018 Adams-Normandie

2244 S Western Ave, Los Angeles, CA

This home is located at 2244 S Western Ave, Los Angeles, CA 90018 since 15 August 2021. This property was built in 1964. 2244 S Western Ave is a home located in Los Angeles County with nearby schools including Twenty-Fourth Street Elementary School, Birdielee V. Bright Elementary School, and Johnnie L. Cochran Jr. Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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