$1,700,000
SOLD OCT 17, 2024
6 Beds
6 Baths
5,138 Sq Ft
8,221 Sq Ft Lot

Recently Sold

$331 Per Sq Ft

15% Below List Price

53 Days on Market

Highlights

  • No HOA
  • Franklin Avenue Elementary Rated A-
  • Laundry Room

About This Home

As of October 2024

**TROPHY PROPERTY** Enchanting 6-Unit French Normandy Gem in the heart of Los Feliz! You will surely want your portfolio to include this beauty. This property sits grandly in the fantastic neighborhood of Los Feliz with trendy shops and restaurants nearby. The building exudes character and charm throughout all 6 units.

Built in 1941, each unit is one bedroom and one bathroom with covered/shared garages in the rear of the property. Building square footage is 5,138 and the lot size is 8,221. The current ownership has had this property in the family for over 50 years. Seize the opportunity to own a valuable piece of Los Feliz real estate. Easy access to the 101 and 5 freeways, Greek Theater and Griffith Park - - PRIME location near vibrant shops, restaurants, and cultural landmarks. Please do not disturb tenants.

Last Agent to Sell the Property

Amion Burton

Berkshire Hathaway Home Serv. Brokerage Email: amionkburton@gmail.com License #00997871 Listed on: 08/05/2024

Berkshire Hathaway Home Serv.

Co-Listed By

Patricia Fluhr

Berkshire Hathaway Home Serv. Brokerage Email: amionkburton@gmail.com License #02002277

Last Buyer's Agent

David Nalbandyan

LA Premier Realty License #01869296

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 8,221 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 6 Car Garage

Home Design

  • Apartment

Interior Spaces

  • 5,138 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 4943
  • Assessor Parcel Number 5591001004
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,380
  • Gardener Expense $1,440
  • Insurance Expense $6,264
  • Trash Expense $1,716
  • Water Sewer Expense $4,224
  • Operating Expense $13,584
  • Gross Income $98,916
  • Net Operating Income $85,332

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Parking

6

Listing Details

  • Assessments: Yes
  • Other Phone Description: 626-592-3820
  • Price Per Unit: 333333
  • Property Attached: Yes
  • Water Sewer Expenses: 4224.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1440.00
  • Parcel Number: 5591001004
  • Year Built: 1941
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 330.87

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Closet, In Kitchen, Inside
  • Sewer: Public Sewer
  • Trash Expense: 1716.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 8221.00
  • Lot Size Acres: 0.1887

Multi Family

  • Average1 Bed Area: 856 Square Feet
  • Average2 Bed Area: 856 Square Feet
  • Average3 Bed Area: 856 Square Feet
  • Electric Expense: 1380.00
  • Gross Income: 98916.00
  • Gross Scheduled Income: 98916.00
  • Insurance Expense: 6264.00
  • Lot Size Area: 8221.0000 Square Feet
  • Net Operating Income: 85332.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Number Wall A C: 6
  • Operating Expense: 13584.00
  • Rent Control: Yes
  • Total Expenses: 13584.00

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 4943

Similar Homes in the area

  • 576 W 13th St, San Pedro, CA 90731

    $1,450,000

    • 2 Beds
    • 1 Bath
    • 4,664 Sq Ft
    • 576 W 13th St
    • San Pedro, CA

    Step into a rare opportunity to invest in the vibrant community of San Pedro with this well-maintained 6-unit apartment building at 576 W 13th St. Each unit offers efficiently designed two-bedroom, one-bath layouts, providing a balance of comfort and functionality. The property features tuck-under parking and has recently completed a soft-story retrofit, enhancing structural safety and ensuring

    L'mar Kojani Keller Williams Los Angeles

    Section Image
  • 3615 Edenhurst Ave, Los Angeles, CA 90039

    $1,400,000

    • 2 Beds
    • 2 Baths
    • 1,420 Sq Ft
    • 3615 Edenhurst Ave
    • Los Angeles, CA

    HUGE PRICE REDUCTION! AFFORDABLE! LEAVE YOUR FRONT DOOR AND THEN YOU ARE CLOSE TO STORES, SHOPS, RESTAURANTS, FUN AND INTERESTING PLACES OF BUSINESS, YOGA, SPECIALTY STORES, SO MUCH MORE! THIS IS A HOT IN-DEMAND AREA! SIDES TO AN ALLEY FOR POSSIBLE DEVELOMENT (2-CAR GARAGE AND STORAGE INCLUDED BEHIND PROPERTY!) Commanding at the Top of the Hill. LOWER UNIT ENTIRELY UPDATED & UPGRADED! NEW

    Bruce Jay Bruce Jay Associates

    Section Image
  • 3201 Hamilton Way, Los Angeles, CA 90026

    $1,579,000

    • 2 Beds
    • 4 Baths
    • 2,128 Sq Ft
    • 3201 Hamilton Way
    • Los Angeles, CA

    Charming 1920's 4 unit property situated at the most desirable & dynamic area of Silver Lake with 180 degree panoramic view of LA, Hollywood Sign & Observatory. The property has an "owner's unit" which is a large 1bed/1bath with a inviting private backyard. The other 3 units are another 1 bedroom & two studios. All 4 units are currently rented for cashflow and are unique in their own Spanish

    Travis Ely TRAVIS ELY

    Section Image
  • 1431 Silver Lake Blvd, Los Angeles, CA 90026

    $1,499,999

    • 1 Bed
    • 1 Bath
    • 2,267 Sq Ft
    • 1431 Silver Lake Blvd
    • Los Angeles, CA

    Welcome to your next investment opportunity in the heart of Silver Lake! This charming quadruplex, featuring four separate units, is priced to sell and is a haven for savvy investors and individuals with an eye for potential. Nestled on a serene tree-lined street, this property is strategically situated near a park area and a community dog park, perfect for pet lovers. Enjoy the convenience of

    henry vega Enrique Henry Vega Jr. Broker

    Section Image
  • 4316 Clinton St, Los Angeles, CA 90004

    $1,980,000

    • 2 Beds
    • 2 Baths
    • 4,924 Sq Ft
    • 4316 Clinton St
    • Los Angeles, CA

    Leonardo Laterza of Marcus & Millichap, as an exclusive listing agent is proud to present a prime multifamily investment opportunity at 4316-4320 Clinton St, located just south of Melrose Ave and north of Rosewood Ave, right between Alexandria & Kenmore Ave in one of the most desirable pockets of Los Angeles. This well maintained 6 units apartment building consists of two separate

    Leonardo Laterza Marcus & Millichap RE Invest

    Section Image
  • 1514 La Baig Ave, Los Angeles, CA 90028

    $1,650,000

    • 2 Beds
    • 2 Baths
    • 1,620 Sq Ft
    • 1514 La Baig Ave
    • Los Angeles, CA

    ***$105,000 price reduction - marketing package in docs section*** 1514 La Baig Ave is a duplex (delivered vacant) located on a 5,499 SF lot in the center of the Hollywood Media District; just two parcels north of Sunset Blvd. This is a rare opportunity to acquire a development-ready site in a dynamic growth corridor, surrounded by major film and media employers, new mixed-use development, and

    Max Berger Compass

    Section Image
  • 247 N New Hampshire Ave, Los Angeles, CA 90004

    $1,400,000

    • 2 Beds
    • 10 Baths
    • 7,736 Sq Ft
    • 247 N New Hampshire Ave
    • Los Angeles, CA

    First time on the market in over 40 years! This well-maintained 12 unit building, built in 1922, is located adjacent to Koreatown- one of Los Angeles' most dynamic and high demand rental markets. This property features 10 studios and 2 one-bedroom, one-bath units. Owner pays water and gas, making this a highly attractive option for tenants. Additional amenities include common area laundry with

    Carlos Alfaro Century 21 Masters

    Section Image
  • 1140 N Beachwood Dr, Los Angeles, CA 90038

    $2,039,000

    • 2 Beds
    • 10 Baths
    • 5,343 Sq Ft
    • 1140 N Beachwood Dr
    • Los Angeles, CA

    4 UNITS TO BE DELIVERED VACANT! 6.6% CAP AND 10 GRM AT FULL OCCUPANCY! AMAZING VALUE ADD OPPORTUNITY IN THE HEART OF HOLLYWOOD'S STUDIO DISTRICT! 10 LEGAL UNITS WITH SIGNIFICANT INCOME UPSIDE POTENTIAL! 6.6% CAP AT FULL OCCUPANCY! We are pleased to exclusively offer for sale 1140-42 N. Beachwood Drive, a 10 unit apartment building located in the heart of Hollywood's bustling studio district.

    Dana Brody Dana Brody

    Section Image
  • 247 S Carondelet St, Los Angeles, CA 90057

    $1,790,000

    • 2 Beds
    • 2 Baths
    • 1,424 Sq Ft
    • 247 S Carondelet St
    • Los Angeles, CA

    *** 9 Units Apartment Plan has been submitted already!!Good project for investers and contractors. Duplex units with tenants. Plan for 9 units apartments has been submitted already. It would be for multiple units building for 3 studio and 6 3beds/2bath.Don't miss this wonderful opportunity for your development!

    DAVID XU EXCELLENCE RE REAL ESTATE

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
05/12/2025 05/12/25 For Sale $2,095,000 0.0% $408 / Sq Ft
04/25/2025 04/25/25 Rented $3,000 +3.6% --
04/23/2025 04/23/25 For Rent $2,895 0.0% --
04/22/2025 04/22/25 Off Market $2,895 -- --
04/18/2025 04/18/25 For Rent $2,895 0.0% --
10/17/2024 10/17/24 Sold $1,700,000 -15.0% $331 / Sq Ft
09/27/2024 09/27/24 Pending -- -- --
08/05/2024 08/05/24 For Sale $2,000,000 -- $389 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF24159081

California Regional Multiple Listing Service (CRMLS)