NOT LISTED FOR SALE

4354 Oakwood Ave Unit 10 Los Angeles, CA 90004

East Hollywood Neighborhood
11 Beds
10 Baths
7,578 Sq Ft
6,969 Sq Ft Lot

Last Sold June 13, 2024

Last sale price $1,700,000 $224 Per Sq Ft

12 Days on Market

Highlights

  • Corner Lot
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • No HOA

About This Home

As of June 2024

Centrally located between the sought-after neighborhoods like Hancock Park, Silver Lake, Korea Town and Hollywood, this 10 unit apartment building offers a great opportunity for any investor looking for a property with a big upside in rents. The building has undergone some renovations including a new roof, two units are remodeled, retrofitting has been done and all is well cared for. Long term tenants live on the property offering a huge upside potential in rents. There are a lot of new construction projects around the area.

Last Agent to Sell the Property

Aristide Buhoiu

Royal Estate Properties Brokerage Phone: 818-445-4663 License #01322666 Listed on: 04/10/2024

Last Buyer's Agent

Aristide Buhoiu

Royal Estate Properties Brokerage Phone: 818-445-4663 License #01322666 Listed on: 04/10/2024

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1966

Lot Details

  • 6,969 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Rectangular Lot
  • Density is up to 1 Unit/Acre

Parking

  • 7 Car Garage

Interior Spaces

  • 7,578 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 10 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Additional Features

  • Exterior Lighting
  • Urban Location
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 10
  • Tax Tract Number 67
  • Assessor Parcel Number 5521034011
  • $44,208 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 10 Units

Amenities

  • Laundry Facilities

Building Details

  • 10 Leased Units
  • Rent Control
  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $141,192

Property Details

Home Type

Apartment

Year Built

Built in 1966

Lot Details

0

Parking

7

Listing Details

  • CapRate: 5.05
  • Price Per Unit: 195000
  • Property Attached: No
  • Zoning: LAR3
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5521034011
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: second floor
  • Common Walls: No Common Walls
  • Entry Level: 2
  • Levels: Two
  • Price Per Square Foot: 224.33

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 7.00
  • Total Parking Spaces: 7.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Rectangular Lot
  • Lot Size Sq Ft: 6969.00
  • Lot Size Acres: 0.1600
  • Latitude Manual: 34.07749700

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Operating Income: 141192.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 300.00
  • Lot Size Area: 6969.0000 Square Feet
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 10
  • Number Of Units Total: 10
  • Rent Control: Yes
  • Total Actual Rent: 11741.00

Tax Info

  • Tax Lot: 10
  • Tax Tract Number: 00067
  • TaxOtherAnnualAssessmentAmount: 44208.00

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
06/13/2024 06/13/24 Sold $1,700,000 -12.8% $224 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
04/10/2024 04/10/24 For Sale $1,950,000 -- $257 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Aristide Buhoiu

    Seller's Agent in 2024

    Aristide Buhoiu

    Royal Estate Properties

    (818) 445-4663

    1 in this area

    11 Total Sales

    Aristide Buhoiu
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24070347

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Los Angeles 90004 East Hollywood

4354 Oakwood Ave Unit 10, Los Angeles, CA

This home is located at 4354 Oakwood Ave Unit 10, Los Angeles, CA 90004 since 10 April 2024. This property was built in 1966. 4354 Oakwood Ave Unit 10 is a home located in Los Angeles County with nearby schools including Alexandria Avenue Elementary School, Virgil Middle School, and Belmont High School.

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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