NOT LISTED FOR SALE

2320 Ocean View Ave Los Angeles, CA 90057

Westlake Neighborhood
2 Beds
21 Baths
10,552 Sq Ft
7,162 Sq Ft Lot

Last Sold December 20, 2017

Last sale price $2,935,000 $278 Per Sq Ft

14 Days on Market

About This Home

As of December 2017

2320 Ocean View Ave, a twenty-one (21) unit apartment building, located in the heart of Los Angeles' Westlake neighborhood, one of the most diverse neighborhoods in Los Angeles. The property consists of two structures, an eighteen (18) unit apartment building with a unit mix consisting of all singles and a triplex in the back with one (1) singles/one bathroom unit, one (1) one-bedroom/one bathroom unit, and one (1) two-bedroom/one bath plus a den unit. Built in 1921, the building holds a unique architecture and is conveniently located in between West 3rd street and 6th street. Just south of uber-trendy Silver Lake, and east of Koreatown and Hollywood, Westlake has become Los Angeles' second densest neighborhood after Koreatown. Along with desirable amenities, such as a Metro station and the picturesque greenery of MacArthur Park, Westlake location offers a diverse culturally rich Central and South America

Last Agent to Sell the Property

Neema Ahadian

Marcus & Millichap License #01346750 Listed on: 10/16/2017

Last Buyer's Agent

Neema Ahadian

Marcus & Millichap License #01346750 Listed on: 10/16/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 7,162

Interior Spaces

  • 10,552 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 21 Bathrooms

Additional Features

  • 7,162 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 21 Units

Listing and Financial Details

  • Assessor Parcel Number 5154-037-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 10552
  • Price Per Unit: 142857.00
  • Stories: 2
  • Year Built: 1921
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 21.00
  • Den: 0
  • Price Per S Q F T: 284.31

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Utilities

  • Heating: Wall

Lot Info

  • Assessor Parcel Number: 5154-037-005
  • Geocode Override: No
  • Lot Size Area: 7162

Rental Info

  • Total Actual Rent: 19618.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 12.68
  • Number Of Units: 21
  • Total Annual Expense: 92925
  • Type Of Units: 21
  • Vacancy Rate: 3

Tax Info

  • Tax Percent: 1.19
  • Tax Total: 35700.00
  • Tax Rate Year: 2017

Range of Values:

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Average Value
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List Price
Sold 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 Prior Sale
12/20/2017 12/20/17 Sold $2,935,000 -2.2% $278 / Sq Ft
10/16/2017 10/16/17 For Sale $3,000,000 +150.0% $284 / Sq Ft
02/01/2012 02/01/12 Sold $1,200,000 -8.7% $144 / Sq Ft View Prior Sale
12/01/2011 12/01/11 Pending -- -- --
02/23/2011 02/23/11 For Sale $1,315,000 -- $158 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2017

    Neema Ahadian

    Marcus & Millichap

    (213) 943-1800

    8 in this area

    89 Total Sales

    Neema Ahadian
    Section Image
  • Chuck Henderson

    Seller's Agent in 2012

    Chuck Henderson

    BHRG

    (818) 754-0374

    5 Total Sales

    Chuck Henderson
    Section Image
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Map

Source: The MLS

MLS Number: 17-282348

The MLS
California Los Angeles County Los Angeles 90057 Westlake

2320 Ocean View Ave, Los Angeles, CA

This home is located at 2320 Ocean View Ave, Los Angeles, CA 90057 since 16 October 2017. This property was built in 1921. 2320 Ocean View Ave is a home located in Los Angeles County with nearby schools including Charles White Elementary School, John H. Liechty Middle School, and Belmont High School.

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