Seller's Agent in 2023
Allison Schwarz
Compass
(310) 433-0056
1 in this area
50 Total Sales
We are pleased to present this value-add, 18-unit investment opportunity located in and high-rental demand Westlake area of central Los Angeles which is adjacent to Koreatown to the West, Silver Lake to the North and Downtown Los Angeles to the East. This is a great opportunity for a value-add investor, as the rents are currently below market. This two-story, 12,156 square foot, garden style apartment building was built in 1922. The building is situated on a 13,304 square foot LAR3 zoned parcel. The property consists of 16 one-bedroom units and two two-bedroom and one-bath units. The residents have a wide range of amenities and recreation areas close by. The property's central location has access to the 101, 110 and 10 freeways. Shown with accepted offers only. Please do not disturb the tenants or seller.
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,675,000 | Fidelity National Title | ||
| -- | None Available | ||
| -- | -- | ||
| -- | Commonwealth Title | ||
| -- | -- |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,170,000 | ||
| Previous Owner | $510,000 | ||
| Previous Owner | $510,000 |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/08/2023 09/08/23 | Sold | $2,675,000 | -10.8% | $220 / Sq Ft |
| 07/06/2023 07/06/23 | Pending | -- | -- | -- |
| 06/30/2023 06/30/23 | Price Changed | $3,000,000 | -11.8% | $247 / Sq Ft |
| 05/09/2023 05/09/23 | For Sale | $3,400,000 | -- | $280 / Sq Ft |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $34,544 | $2,728,500 | $1,428,000 | $1,300,500 |
| 2024 | $34,076 | $2,675,000 | $1,400,000 | $1,275,000 |
| 2023 | $10,760 | $731,390 | $289,658 | $441,732 |
| 2022 | $10,332 | $717,050 | $283,979 | $433,071 |
| 2021 | $10,142 | $702,991 | $278,411 | $424,580 |
| 2019 | $9,880 | $685,442 | $270,154 | $415,288 |
| 2018 | $9,649 | $672,067 | $264,857 | $407,210 |
| 2016 | $9,085 | $642,800 | $254,573 | $388,227 |
| 2015 | $8,971 | $633,146 | $250,750 | $382,396 |
| 2014 | $9,124 | $620,745 | $245,839 | $374,906 |
Seller's Agent in 2023
Allison Schwarz
Compass
(310) 433-0056
1 in this area
50 Total Sales
Seller Co-Listing Agent in 2023
Ryan Yatman
SP Residential Inc
(310) 995-7451
1 in this area
5 Total Sales
Buyer's Agent in 2023
Suzanne Carney
Compass
(323) 491-4390
3 in this area
23 Total Sales
Source: The MLS
MLS Number: 23-268371
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