NOT LISTED FOR SALE

2869 W 14th St Los Angeles, CA 90006

Harvard Heights Neighborhood
6 Beds
6 Baths
4,090 Sq Ft
5,759 Sq Ft Lot

Last Sold August 18, 2017

Last sale price $1,240,000 $303 Per Sq Ft

117 Days on Market

About This Home

As of August 2017

We are pleased to offer for sale a 6-unit apartment community located at 2869 West 14th Street. Positioned just south of Pico Boulevard, the property is situated in Harvard Heights, which borders three thriving submarkets - Koreatown, Mid-City and Mid-Wilshire. The offering represents a unique buying opportunity to acquire an apartment building that has been substantially renovated, with 33 percent of the units being recently rehabbed yet still offering significant rental upside to the remaining units.The property consists of one building totaling 4,090 square feet on a 5,759 square foot parcel. The unit mix is comprised of two studio units, two one-bedroom/one-bathroom units and two two-bedroom/one-bathroom units. Due to its 1920 construction, the property is subject to Los Angeles rent control statutes.

Last Agent to Sell the Property

Sean Rosenzweig

Marcus & Millichap License #01406343 Listed on: 02/14/2017

Last Buyer's Agent

Thomas Jonsson

James Capital Advisors, Inc. License #01755842

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 5,759 Sq Ft Lot

Parking

  • 4 Car Garage

Interior Spaces

  • 4,090 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 5074-002-019

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4090
  • Stories: 2
  • Year Built: 1920
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 6.00
  • Den: 0
  • Price Per S Q F T: 311.74

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 4

Lot Info

  • Assessed Improvement Value: 216248
  • Assessed Land Value: 504579
  • Assessor Parcel Number: 5074-002-019
  • Geocode Override: No
  • Lot Size Area: 5759

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 14.85
  • Number Of Units: 6
  • Total Annual Expense: 28252
  • Type Of Units: 0+1,1+1,2+1
  • Vacancy Rate: 3%

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
08/18/2017 08/18/17 Sold $1,240,000 -2.7% $303 / Sq Ft
06/11/2017 06/11/17 Pending -- -- --
04/14/2017 04/14/17 Price Changed $1,275,000 -3.8% $312 / Sq Ft
02/14/2017 02/14/17 For Sale $1,325,000 +86.6% $324 / Sq Ft
04/15/2015 04/15/15 Sold $710,000 -5.3% $174 / Sq Ft View Prior Sale
02/24/2015 02/24/15 Pending -- -- --
12/18/2014 12/18/14 For Sale $750,000 -- $183 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Sean Rosenzweig

    Seller's Agent in 2017

    Sean Rosenzweig

    Marcus & Millichap

    (213) 943-1800

    68 Total Sales

    Sean Rosenzweig
    Section Image

  • T

    Buyer's Agent in 2017

    Thomas Jonsson

    James Capital Advisors, Inc.

  • C

    Seller's Agent in 2015

    Calvin Lee

    Marcus & Millichap

See All Agents

Map

Source: The MLS

MLS Number: 17-202458

The MLS
California Los Angeles County Los Angeles 90006 Harvard Heights

2869 W 14th St, Los Angeles, CA

This home is located at 2869 W 14th St, Los Angeles, CA 90006 since 14 February 2017. This property was built in 1920. 2869 W 14th St is a home located in Los Angeles County with nearby schools including Los Angeles Elementary School, Pio Pico Middle School, and West Adams Preparatory High School.

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