$1,255,000
SOLD NOV 13, 2020
3 Beds
3 Baths
4,116 Sq Ft
7,495 Sq Ft Lot

Recently Sold

$305 Per Sq Ft

9% Below List Price

41 Days on Market

Highlights

  • Laundry Room
  • Abraham Lincoln High School Rated A
  • Landscaped

About This Home

As of November 2020

Huron Apartments is a 4,116 sf 10 unit apartment building located in the gentrifying Cypress Park neighborhood of Los Angeles. The property was built in 1906/1950 and sits on a 7,495 SF Lot Zoned R2 / Tier 3 / Opportunity Zone. The property positions itself to offer an investor a value add (approx. 71% upside) 10 unit apartment building with a extremely low cost per unit and one of the lowest price points in LA County for 10 units. This well located property has great street visibility and finds itself located near an abundance of amenities and businesses. Easy access to the 5/110 FWY and DTLA add an additional touch of convenience. Property to be delivered with 2 vacant units.

Last Agent to Sell the Property

Jared Levine

Keller Williams Realty Calabasas License #01804008 Listed on: 09/22/2020

Keller Williams Realty Calabasas

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 7,495 Sq Ft Lot
  • 1 Common Wall
  • Landscaped

Home Design

  • Property Attached

Interior Spaces

  • 4,116 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Listing and Financial Details

  • Legal Lot and Block 7 / 2
  • Assessor Parcel Number 5446008007

Community Details

Overview

  • 2 Buildings
  • 10 Units

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: LARD2
  • Property Type: Residential Income
  • Parcel Number: 5446008007
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 304.91

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 7495.00
  • Lot Size Acres: 0.1721

Multi Family

  • Lot Size Area: 7495.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 10
  • Rent Control: Yes

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 1853.20
  • Tax Lot: 7

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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
11/13/2020 11/13/20 Sold $1,255,000 -8.7% $305 / Sq Ft
10/06/2020 10/06/20 Price Changed $1,375,000 +0.1% $334 / Sq Ft
09/30/2020 09/30/20 Price Changed $1,374,000 -0.1% $334 / Sq Ft
09/22/2020 09/22/20 For Sale $1,375,000 +17.0% $334 / Sq Ft
08/04/2017 08/04/17 Sold $1,175,000 -15.8% $285 / Sq Ft
04/24/2017 04/24/17 Pending -- -- --
03/21/2016 03/21/16 For Sale $1,395,000 -- $339 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20197967

California Regional Multiple Listing Service (CRMLS)