$2,300,000
SOLD FEB 10, 2025
8 Beds
8 Baths
5,964 Sq Ft
10,080 Sq Ft Lot

Recently Sold

$386 Per Sq Ft

113 Days on Market

Highlights

  • 7 Car Garage
  • North Facing Home
  • 2-minute walk to Robert L Burns Park

About This Home

As of February 2025

Well-maintained & charming 5,964 square foot building situated on a large 10,080 square foot LAR3 zoned lot. The property is made up of eight (8) very spacious one (1) bedroom & one (1) bathroom units, each averaging 745 square feet. Two units have been upgraded with newer flooring, kitchens, bathrooms and washer and dryers in unit. Upper units have views of the Hollywood sign. One unit will be delivered VACANT! There is ADU potential and tremendous rental upside. The property is separately metered for gas & electricity with separate hot water heaters. The property had a new roof installed in 2023! There are seven (7) garage parking spaces! Very secure gated building with facial recognition entry for all tenants. Extremely well located in the highly-coveted Larchmont area on Beverly Blvd. between Wilton Pl. & Larchmont Blvd. The property is just steps away from Robert Burns Park & the trendy restaurants and shops district located on Larchmont Blvd. Local restaurants include Great White, Osteria Mamma, Pour Vous, Levain Bakery, and more! Moreover, this central location provides easy access to all of the employment, dining, and entertainment opportunities that Hollywood has to offer! The subject property is located in the City of Los Angeles and is subject to LA Rent Control.

Last Agent to Sell the Property

Nicole Apostolos

Equity Union License #01464936 Listed on: 11/19/2024

Equity Union

Last Buyer's Agent

Joelle Kim

Westside Luxury Real Estate, Inc License #01355308

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 10,080 Sq Ft Lot
  • North Facing Home

Parking

  • 7 Car Garage

Interior Spaces

  • 5,964 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

  • 8 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water
  • Assessor Parcel Number 5516-006-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0

Parking

7

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 5964
  • Lot Acreage: 0.2315
  • Price Per Unit: 287500.00
  • Probate: No
  • Year Built: 1939
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 385.65

Exterior Features

  • Direction Faces: North
  • Other Structures: None
  • View: No

Garage/Parking

  • Garage Spaces: 7
  • Parking Garage: Private Garage
  • Total Parking: 7

Utilities

  • Cooling: Wall/Window

Lot Info

  • Assessed Improvement Percent: 18.18
  • Assessed Improvement Value: 267947
  • Assessed Land Percent: 81.82
  • Assessed Land Value: 1205805
  • Total Assessed Value: 1473752
  • Assessor Parcel Number: 5516-006-001
  • Lot Size Area: 10080

Rental Info

  • Owner Pays: Water
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 12.94
  • Number Of Units: 8
  • Rent Control: 100
  • Type Of Units: 1+1

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
02/10/2025 02/10/25 Sold $2,300,000 0.0% $386 / Sq Ft
12/05/2024 12/05/24 Pending -- -- --
11/19/2024 11/19/24 For Sale $2,300,000 0.0% $386 / Sq Ft
11/13/2024 11/13/24 Pending -- -- --
08/14/2024 08/14/24 For Sale $2,300,000 -- $386 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-427227

The MLS