Seller's Agent in 2021
Roseann Oesterreich
Berkshire Hathaway HomeServices California Properties
(562) 714-4121
2 in this area
34 Total Sales
852 N Oxford Ave Los Angeles, CA 90029
East Hollywood Neighborhood
4
Beds
8
Baths
4,220
Sq Ft
5,017
Sq Ft Lot
Highlights
- Property is near public transit
- No HOA
- Cooling System Mounted To A Wall/Window
- STEM Academy at Bernstein High Rated A-
- Up Slope from Street
- 5-minute walk to Lemon Grove Recreation Center
About This Home
As of April 2021First time on the market...Terrific opportunity to own an income producing 8 unit multifamily investment property located in the Hollywood area just south of Santa Monica Blvd. and north of Melrose Avenue. Convenient to shopping, transportation, banking, schools, restaurants, and Paramount Studios.
There are 5 studio apartments, and 3 one bedroom, 1 bath apartments. Amenities include entry doors to each apartment are from the famous Ambassador Hotel (imagine the stories they could tell if they could talk), tile countertops, refrigerators, stoves, hardwood flooring, either wall heat units, & wall air conditioners, or split A/C/heat units, and an abundance of windows allowing sunlight to filter through each unit. Other features nice to have are 3 single garages, 1 additional uncovered parking space, a separate laundry room with 2 coin-operated washing machines and 2 coin-operated dryers.
Tenants are responsible for their own utilities with the exception of water, & sewer. There is a resident manager that oversees the property for the owner
PLEASE NOTE: This listing is also listed as a commercial listing with Listing ID: PW20263398. FYI: There are 9 electric meters and 9 gas meters.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices California Properties License #00892803 Listed on: 02/08/2021
Last Buyer's Agent
Berkshire Hathaway HomeServices California Properties License #00892803 Listed on: 02/08/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $24,394
Year Built
- Built in 1923
Lot Details
- 5,017 Sq Ft Lot
- Two or More Common Walls
- Paved or Partially Paved Lot
Parking
- 1 Open Parking Space
- 3 Car Garage
- Up Slope from Street
Home Design
- 4,220 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 4 Bedrooms
- 8 Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Overhead Utilities
- Natural Gas Connected
Additional Features
- Laundry Room
- Exterior Lighting
- Property is near public transit
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 4
- Assessor Parcel Number 5535027004
Community Details
Overview
- No Home Owners Association
- 8 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- Rent Control
- 9 Separate Electric Meters
- 9 Separate Gas Meters
- 1 Separate Water Meter
- New Taxes Expense $24,394
- Operating Expense $33,297
- Gross Income $95,136
- Net Operating Income $61,839
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/27/2021 04/27/21 | Sold | $1,400,000 | -26.3% | $332 / Sq Ft |
| 02/28/2021 02/28/21 | Pending | -- | -- | -- |
| 02/18/2021 02/18/21 | Price Changed | $1,899,000 | -4.5% | $450 / Sq Ft |
| 02/08/2021 02/08/21 | For Sale | $1,989,000 | -- | $471 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Roseann Oesterreich
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21006169
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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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