NOT LISTED FOR SALE

663 W 13th St Los Angeles, CA 90731

12 Beds
11 Baths
5,737 Sq Ft
6,764 Sq Ft Lot

Last Sold December 30, 2021

Last sale price $1,925,000 $336 Per Sq Ft

32 Days on Market

About This Home

As of December 2021

We are pleased to present a one of a kind modern coastal affordable multifamily property located 663 W 13th st. This abnormally large sized 6 unit property is comprised of all 2 bedroom floorplans with 4/6 units being completely renovated. Ownership has meticuilosuly cared for exterior and interior condition and has raised 66% of the units to market rents. A new owner can benefit from immediate cash flow, a turnkey asset located in a gentrifying area, and units that will always be in high demand. Tons of parking in the rear of the property in addition to street parking. Located just a few parcels from Gaffey, tenants can enjoy accessibility to major retailers, the freeway, and other nearby attractions. Should an investor elect to purchase with "interest only' financing, they can expect above average yield upon acquisition.

Last Agent to Sell the Property

Jonathan Weir

Marcus & Millichap License #02038545 Listed on: 11/18/2021

Last Buyer's Agent

Jonathan Weir

Marcus & Millichap License #02038545

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 6,764

Interior Spaces

  • 5,737 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 11 Bathrooms

Parking

  • 6 Parking Spaces
  • Covered Parking

Additional Features

  • 6,764 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 7454-025-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5737
  • Lot Acreage: 0.1553
  • Stories: 2
  • Year Built: 1967
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 11.00
  • Price Per S Q F T: 365.17

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Covered Parking
  • Total Parking: 6

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 36.04
  • Assessed Improvement Value: 264856
  • Assessed Land Percent: 63.96
  • Assessed Land Value: 470126
  • Total Assessed Value: 734982
  • Assessor Parcel Number: 7454-025-005
  • Lot Size Area: 6764

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 14.81
  • Number Of Units: 6
  • Total Annual Expense: 50337
  • Type Of Units: Multifamily
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 0

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
12/30/2021 12/30/21 Sold $1,925,000 -8.1% $336 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
11/18/2021 11/18/21 For Sale $2,095,000 -- $365 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jonathan Weir

    Seller's Agent in 2021

    Jonathan Weir

    Marcus & Millichap

    (310) 909-5500

    9 in this area

    68 Total Sales

    Jonathan Weir
    Section Image
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Map

Source: The MLS

MLS Number: 21-106301

The MLS
California Los Angeles County Los Angeles 90731

663 W 13th St, Los Angeles, CA

This home is located at 663 W 13th St, Los Angeles, CA 90731 since 18 November 2021. This property was built in 1967. 663 W 13th St is a home located in Los Angeles County with nearby schools including Fifteenth Street Elementary School, Dana Middle School, and San Pedro Senior High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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