1816 S La Brea Avenue

    Los Angeles (City), CA 90019
    • $1,690,000
    • STATUS: Active
    • ON SITE: 129 days
    • ID#: 18397340
    UPDATED: 25 min ago
    $1,690,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,076
      SQFT
    • $415
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    Description

    Marcus and Millichap is pleased to present the exclusive listing of a five-unit apartment building located at 1816-1818 S La Brea Ave. Built in 1924 and completely remodeled in 2006, this property is comprised of one S+1 and four 2+1's, as well as on-site private parking provided for tenants. All 2+1's have stackable washers and dryers, and the remodeling in all units include new bathrooms, hardwood floors, new windows, and kitchens with tile floors and custom cabinetry with tile backsplash. Situated just north of the 10 freeway in Mid City, this asset is set in the ideal location for those longing to be close to the excitement of the city. Just a few blocks away is Pico Blvd, which offers many popular dining options including; Roscoe's Chicken and Waffles, Bloom Caf, Sky's Gourmet Tacos, Chocolate Caf II, and Wi Jammin. Within just a short drive, there is the Los Angeles County Museum of Art ,The Original Farmers Market, The Grove, and West Hollywood Park.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-23T16:39:39.033. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.bestlahomefinder.com/homes/88539257

    1816 S La Brea Avenue Los Angeles (City), CA 90019

    • Price: $1,690,000
    • Status: Active
    • Updated: 25 min ago
    • ID#: 18397340
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    4,076
    SQFT
    $415
    $/SQFT
    1924
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    Marcus and Millichap is pleased to present the exclusive listing of a five-unit apartment building located at 1816-1818 S La Brea Ave. Built in 1924 and completely remodeled in 2006, this property is comprised of one S+1 and four 2+1's, as well as on-site private parking provided for tenants. All 2+1's have stackable washers and dryers, and the remodeling in all units include new bathrooms, hardwood floors, new windows, and kitchens with tile floors and custom cabinetry with tile backsplash. Situated just north of the 10 freeway in Mid City, this asset is set in the ideal location for those longing to be close to the excitement of the city. Just a few blocks away is Pico Blvd, which offers many popular dining options including; Roscoe's Chicken and Waffles, Bloom Caf, Sky's Gourmet Tacos, Chocolate Caf II, and Wi Jammin. Within just a short drive, there is the Los Angeles County Museum of Art ,The Original Farmers Market, The Grove, and West Hollywood Park.
    Exterior Features

    Lot Size Source Survey Lot Size Units Square Feet Parking Features Assigned Parking YN Yes

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features See Remarks

    Property Features

    Gross Multiplier 15.66 Gross Operating Income 107937.00 Improvements Amount 382500 Land Value 892500 Laundry YN Yes Net Operating Income 71364.00 Special Listing Conditions Standard Total Expenses 33335.00 Zoning Lar3

    Listing provided courtesy of Joshua Ross of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-23T16:39:39.033. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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