Los Angeles, CA 90019 1816 S La Brea Avenue
$1,800,000
30 more
Presented By: Paul Barbosa with Century 21 Hollywood;
Beds • 8
Baths • 5
SQFT • 4,076
Garage • 1
Year Built • 1924
Home Details
Well maintained and updated 5 Unit apartment building with rent at or near market rates. 4 units with 2BR/1BA and a studio in the rear with 3/4 bath and mini kitchen. Each unit has been updated and/or maintained with features such as stainless steel appliances, granite counter tops, wood flooring, recessed lighting, sconces, double pane windows and all the 2BR units have central AC/Heat and stackable washer/dryer! Outside of being a turn key investment it has potential for value-add improvement such as room for adding a second bathroom to the 2BR units and with a generous lot size there is plenty of room for a ADU adding a 5unit + 1.
Presented By: Paul Barbosa with Century 21 Hollywood;
Interior Features for 1816 S La Brea Avenue
Bedrooms
Total Bedrooms8
Bathrooms
Half Baths0
Total Baths5
1/4 Baths
3/4 Baths
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringTile, Wood
Heating Y/NYes
Interior AmenitiesCeilingFans
Total Stories2
Window FeaturesDoublePaneWindows
Other Rooms
Entry Level1
General for 1816 S La Brea Avenue
Additional Parcels Y/NNo
AppliancesDisposal, Refrigerator, Dryer, Washer
Architectural StyleMediterranean
Attached Garage No
Buyer FinancingCash, Conventional
Cap Rate4.28
Carport Y/NNo
CityLos Angeles
Community FeaturesGated
Construction MaterialsStucco, WoodSiding
CoolingCentralAir
CountyLos Angeles
DirectionsSouth of Olympic Blvd & North of Washington Blvd
DisclosuresRentControl
Electric On Property Y/NNo
Entry LocationMain Level
Facing DirectionWest
Full Baths
Garage Y/NYes
Gross Income113400.0
HOANo
HeatingCentral, ForcedAir
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet7252.0
Lot Size UnitsSquareFeet
MLS AreaC16 - Mid Los Angeles
MobileHomeRemainsYNNo
Net Operating Income76950.0
New ConstructionNo
Number Of Units Total5
Number of Units Leased5
Open Parking Spaces10.0
Pets AllowedNo
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property ConditionUpdatedRemodeled
Property TypeResidentialIncome
Rent Control Y/NYes
RoofComposition
Security FeaturesGatedCommunity
Senior Community Y/NNo
SewerOther, SewerTapPaid
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tenant PaysCableTv, Electricity, Gas, Insurance, TrashCollection
ViewCityLights
Year Built1924
ZoningLAR3
Exterior for 1816 S La Brea Avenue
Building Area Total4076.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1665
Lot Size Area7252.0
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters0
Open Parking Y/NNo
Parking FeaturesAssigned, Driveway, Garage, Guest, Gated, Private, Tandem
Private PoolNo
SpaNo
Total Parking10.0
WaterfrontY/NNo
Additional Details
Price History
Alexandra Eston
Sales Associate
