NOT LISTED FOR SALE

2592 Armacost Ave Los Angeles, CA 90064

Sawtelle Neighborhood
6 Beds
5 Baths
3,832 Sq Ft
5,416 Sq Ft Lot

Last Sold March 31, 2017

Last sale price $1,485,000 $388 Per Sq Ft

Highlights

  • Traditional Architecture
  • Laundry Room
  • 5 Car Garage
  • Richland Avenue Elementary Rated A-

About This Home

As of March 2017

Back on the Market! New Amazing Price - Here is your second chance! Diamond opportunity for investors - Has upside potential * Solid 5 unit building located in sought after neighborhood * Well maintained * Near shops and restaurants * First time on the market since 1989 *Great Mix * 2 ea 2+1 * 2 ea 1+1 * One studio * Quaint courtyard * 2 double detached garages and a single garage (currently used as laundry) * * incredible opportunity for investor or developer** Low maintenance grounds * * Location, Location on this gem! One block away from Santa Monica! Please do not disturb occupants ***

Last Agent to Sell the Property

Victoria Page

RE/MAX One License #01368265 Listed on: 08/12/2016

RE/MAX One

Co-Listed By

Keith S Myers

RE/MAX One License #00870958

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 5,416 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 5 Car Garage
  • Parking Available

Home Design

  • 3,832 Sq Ft Home
  • Traditional Architecture

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, water
  • Tax Lot 108
  • Tax Tract Number 10468
  • Assessor Parcel Number 4257003031

Community Details

Overview

  • 5 Units

Building Details

  • 5 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Insurance Expense $1,200
  • New Taxes Expense $23,750
  • Operating Expense $24,950
  • Gross Income $5,524
  • Net Operating Income $61,488

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Parking

5

Listing Details

  • Assessments: Yes
  • Other Phone Description: Agent direct
  • Other Phone Number: 818-435-1185
  • Property Attached: No
  • Zoning: LARD1.5
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 4257003031
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 387.53

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5416.00
  • Price Per Lot Square Foot: 332.16

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Water

Multi Family

  • Gross Income: 5524.00
  • Gross Scheduled Income: 66288.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 61488.00
  • 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: 4800.00
  • Rent Control: Yes
  • Total Actual Rent: 5524.00
  • Total Expenses: 24950.00

Tax Info

  • New Taxes Expense: 23750.00
  • Tax Lot: 108
  • Tax Tract Number: 10468

Range of Values:

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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 Change Sq Ft Price
03/31/2017 03/31/17 Sold $1,485,000 -21.8% $388 / Sq Ft
02/07/2017 02/07/17 Pending -- -- --
08/12/2016 08/12/16 For Sale $1,900,000 -- $496 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Victoria Page

    Seller's Agent in 2017

    Victoria Page

    RE/MAX

    (818) 435-1185

    58 Total Sales

    Victoria Page
    Section Image
  • Keith S Myers

    Seller Co-Listing Agent in 2017

    Keith S Myers

    RE/MAX

    (818) 399-1495

    79 Total Sales

    Keith S Myers
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16178747

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Los Angeles 90064 Sawtelle

2592 Armacost Ave, Los Angeles, CA

This home is located at 2592 Armacost Ave, Los Angeles, CA 90064 since 12 August 2016. This property was built in 1950. 2592 Armacost Ave is a home located in Los Angeles County with nearby schools including Richland Avenue Elementary, Nora Sterry Elementary School, and Daniel Webster 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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