NOT LISTED FOR SALE
6 Beds
6 Baths
4,188 Sq Ft
8,572 Sq Ft Lot

Last Sold July 31, 2024

Last sale price $725,000 $173 Per Sq Ft

117 Days on Market

About This Home

As of July 2024

Must be sold with 218 E. 27th St. First time on market in over 40 years! Investors choice with Tremendous Upside! Six (6) Units comprised of Six (6) - 1 Bedroom + 1 Bathroom units. Located within minutes of Down Town Los Angeles. Individually metered for Gas and Electricity. Situated near University of Southern California, Restaurants, Crypto.com Arena, BMO Stadium, LA Fashion District, Shopping, The Flower District, Downtown LA, and the LA Convention Center, this property is offers the astute investor immediate cash-on-cash returns with amazing rental upside potential. Drive By Only - please do not disturb tenants. Must be sold with 218 E. 27th St.

Last Agent to Sell the Property

Mike Pesci

Keller Williams Studio City License #01274379 Listed on: 03/21/2024

Keller Williams Studio City

Co-Listed By

James Antonucci

Keller Williams Realty-Studio City License #01822661

Keller Williams Realty-Studio City

Last Buyer's Agent

James Antonucci

Keller Williams Realty-Studio City License #01822661

Keller Williams Realty-Studio City

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 8,572 Sq Ft Lot

Interior Spaces

  • 4,188 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • 5 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 5128-011-004

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Please contact Listing Agent 1 - Mike Pesci (213) 820-1335 Cell/Text or Mike@aplagroup.com with any questions.
  • Living Area: 4188
  • Lot Acreage: 0.1969
  • Stories: 2
  • Year Built: 1912
  • Number Of Photos: 22
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 6.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 202.96

Exterior Features

  • Other Structures: None

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Percent: 58.19
  • Assessed Improvement Value: 49878
  • Assessed Land Percent: 41.81
  • Assessed Land Value: 35845
  • Total Assessed Value: 85723
  • Assessor Parcel Number: 5128-011-004
  • Lot Size Area: 8572

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 11.92
  • Number Of Units: 6
  • Total Annual Expense: 28017
  • Type Of Units: 1+1
  • Vacancy Rate: 3.00%

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
07/31/2024 07/31/24 Sold $725,000 -14.7% $173 / Sq Ft
07/16/2024 07/16/24 Pending -- -- --
05/29/2024 05/29/24 Price Changed $850,000 -10.5% $203 / Sq Ft
03/21/2024 03/21/24 For Sale $950,000 -- $227 / 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: 24-371643

The MLS