NOT LISTED FOR SALE

401 N Boylston St Los Angeles, CA 90012

Echo Park Neighborhood
6 Beds
4 Baths
3,888 Sq Ft
8,786 Sq Ft Lot

Last Sold July 07, 2014

Last sale price $2,650,000 $682 Per Sq Ft

245 Days on Market

About This Home

As of July 2014

Excellent location in downtown LA. have multi million city view, just in the Temple St and Boylston St, next to Visa Hermosa Park in downtown. close to Fwy 101, 5, 110, 10.
11 units apartment with one vacant land, totally 24,000 sf (160fx150f). Totally 3 parcel numbers, 5160-022-028, 5160-022-9, 5160-022-039. Zoning is LACW ( Central City West Specific Plan) It could be build 75 feet high, about 50-60 units luxury apartment, or any kind apartment. the new tenant work in downtown just walking distance, is highly demanded. It is a very good investment opportunity.

Last Agent to Sell the Property

Yaotian Luo

SKYWAY INVESTMENT CORP. License #01107097 Listed on: 08/08/2013

Last Buyer's Agent

Jerry Hoffman

RLG Properties, Inc. License #01428622

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 8,786 Sq Ft Lot
  • Two or More Common Walls
  • Density is 16-20 Units/Acre

Parking

  • 3 Car Garage

Home Design

  • 3,888 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 5160022028

Community Details

Overview

  • No Home Owners Association
  • 11 Buildings
  • 11 Units

Building Details

  • Rent Control
  • 11 Separate Electric Meters
  • 11 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $12,000
  • Net Operating Income $130,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Zoning: LACW
  • Property Type: Residential Income
  • Parcel Number: 5160022028
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 681.58

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 8786.00
  • Lot Size Acres: 0.2020

Multi Family

  • Gross Income: 12000.00
  • Gross Scheduled Income: 144000.00
  • Lot Size Area: 8786.0000 Square Feet
  • Net Operating Income: 130000.00
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 11
  • Operating Expense: 14000.00
  • Rent Control: Yes

Tax Info

  • Tax Lot: 0000
  • Tax Tract Number: 0000
  • Tax Year: 2012

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 Change Sq Ft Price
07/07/2014 07/07/14 Sold $2,650,000 -8.0% $682 / Sq Ft
04/10/2014 04/10/14 Pending -- -- --
08/08/2013 08/08/13 For Sale $2,880,000 -- $741 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2014

    Yaotian Luo

    SKYWAY INVESTMENT CORP.

    (626) 288-7373

    23 Total Sales

    Section Image

  • J

    Buyer's Agent in 2014

    Jerry Hoffman

    RLG Properties, Inc.

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS13160084

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Los Angeles 90012 Echo Park

401 N Boylston St, Los Angeles, CA

This home is located at 401 N Boylston St, Los Angeles, CA 90012 since 08 August 2013. This property was built in 1924. 401 N Boylston St is a home located in Los Angeles County with nearby schools including Betty Plasencia Elementary School, Sal Castro Middle School, and Ramón C. Cortines School of Visual and Performing Arts.

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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