$2,037,000
SOLD OCT 4, 2019
6 Beds
6 Baths
6,255 Sq Ft
6,721 Sq Ft Lot

Recently Sold

$326 Per Sq Ft

2% Above List Price

20 Days on Market

Highlights

  • 2 Car Garage
  • 2 Detached Carport Spaces
  • Central Heating

About This Home

As of October 2019

Phenomenal location surrounded by Fairfax and Wilshire, Miracle Mile, Museum Row, high class restaurants and shopping, etc. Take advantage of the city's new Metro Transit zoning a short block to one of the world's great transit corridors! High character 1928 apartment building with 6 approximately 1,000 sf units including dining areas, front and back entries, high, coved ceilings, original wood floors and historic character intact. SOLID long or short term investment with additional developmental opportunities such as adding 2 or more units. Does not fall within historical regulations. 2 carport parking, 2 indoor garages, apx. 2 outdoor parking. Next to the world's greatest automobile museum, The Petersen. Across Wilshire from LACMA!

Last Agent to Sell the Property

Erik Flexner

Compass License #01352476 Listed on: 08/14/2019

Compass

Last Buyer's Agent

Ronald Toews

Ronald E. Toews License #00551406

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Parking

  • 2 Car Garage
  • 2 Detached Carport Spaces
  • Driveway

Interior Spaces

  • 6,255 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Additional Features

  • 6,721 Sq Ft Lot
  • Central Heating

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 5086-010-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6255
  • Stories: 2
  • Year Built: 1928
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Range/Oven, Refrigerator
  • Price Per S Q F T: 318.94

Exterior Features

  • Tennis Court Y/N: No
  • Paved: Yes
  • Pool: No

Garage/Parking

  • Carport Spaces: 2
  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Garage Structures: 2
  • Number Rented Garages: 1
  • Parking Garage: Carport, Carport Detached, Covered Parking, Driveway, Driveway - Concrete, Garage, Garage - 2 Car, Garage Is Detached
  • Total Parking: 6

Utilities

  • Electric Expense: 900.00
  • Heating: Central
  • Water Expense: 3220.00
  • Water Heaters: Yes

Fee Information

  • Gas Expense: 1275.00
  • Maintenance Expense: 375.00
  • Management Expense: 2808.00

Lot Info

  • Assessor Parcel Number: 5086-010-005
  • Geocode Override: No
  • Lot Size Area: 6721

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Number Of Units: 6
  • Total Annual Expense: 34119.83
  • Type Of Units: 1
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 23825.00

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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
10/04/2019 10/04/19 Sold $2,037,000 +2.1% $326 / Sq Ft
09/03/2019 09/03/19 Pending -- -- --
08/14/2019 08/14/19 For Sale $1,995,000 -10.9% $319 / Sq Ft
04/26/2018 04/26/18 Sold $2,240,000 +12.3% $358 / Sq Ft
03/13/2018 03/13/18 For Sale $1,995,000 -- $319 / 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: 19-498968

The MLS