NOT LISTED FOR SALE

Los Angeles, CA 90035

Pico-Robertson Neighborhood
12 Beds
10 Baths
6,098 Sq Ft
5,880 Sq Ft Lot

Last Sold February 22, 2021

Last sale price $3,010,000 $494 Per Sq Ft

122 Days on Market

Highlights

  • Stone Countertops
  • Carthay Center Elementary School Rated 9+
  • Air Conditioning

About This Home

As of February 2021

Low-rise, walk-up apartment building with 31% rental upside. | 20meters from world-famous Beverly Hills. | Strong unit mix of one bedroom, two bedroom, and three bedroom apartments. | 50% of the property has undergone significant upgrades including new vinyl flooring, quartz countertops with tile backsplash, new cabinetry, and modern bathrooms with new vanities and stainless steel fixtures. | Opportunity to add significant value through strategic renovations to the unit interiors, common areas, and facade. |Ability to add RUBS for new tenants upon turnover

Last Agent to Sell the Property

Jared Warren

Colliers International- Los Angeles License #02116449 Listed on: 09/25/2020

Last Buyer's Agent

Jared Warren

Colliers International- Los Angeles License #02116449 Listed on: 09/25/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 5,880

Interior Spaces

  • 6,098 Sq Ft Home
  • 2-Story Property

Kitchen

  • Freezer
  • Stone Countertops

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 10 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 10 Parking Spaces
  • Covered Parking

Additional Features

  • 5,880 Sq Ft Lot
  • Air Conditioning

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 4333-020-015

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Living Area: 6098
  • Lot Acreage: 0.1378
  • Stories: 2
  • Year Built: 1958
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Common Walls: Attached
  • Kitchen Features: Remodeled, Stone Counters
  • Total Bathrooms: 10.00
  • Equipment: Freezer, Washer, Dryer
  • Price Per S Q F T: 516.00

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Covered Parking
  • Total Parking: 10

Utilities

  • Cooling: Air Conditioning

Lot Info

  • Assessed Improvement Percent: 35.48
  • Assessed Improvement Value: 841500
  • Assessed Land Percent: 64.52
  • Assessed Land Value: 1530000
  • Total Assessed Value: 2371500
  • Assessor Parcel Number: 4333-020-015
  • Lot Size Area: 5880

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 16.60
  • Number Of Units: 6
  • Type Of Units: 3 Bed 2 Bath

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
02/22/2021 02/22/21 Sold $3,010,000 -4.4% $494 / Sq Ft
09/25/2020 09/25/20 For Sale $3,150,000 -- $517 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jared Warren

    Colliers International- Los Angeles

See All Agents

Source: The MLS

MLS Number: 20-669650

The MLS
California Los Angeles County Los Angeles 90035

Pico-Robertson

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