Los Angeles, CA 90025 1539 Corinth Avenue
$2,150,000
0 more
Presented By: Warren Berzack with Lee & Associates; 818-269-2979
Beds • 6
Baths • 2
SQFT • 5,262
Garage • 5
Year Built • 1953
Home Details
Price Just Reduced - The Corinth Apartments are a well maintained rent controlled property located in the City of Los Angeles in West Los Angeles. This property presents an astute investor a reposition opportunity as there is approximately 25%+ upside in rents.
Presented By: Warren Berzack with Lee & Associates; 818-269-2979
Interior Features for 1539 Corinth Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 1539 Corinth Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.34
Carport Spaces0.0
Carport Y/NNo
CityLos Angeles
Community FeaturesGutters, StreetLights, Urban
CountyLos Angeles
DirectionsOff Santa Monica just west of the 405
Electric Expense1095.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense1000.0
Garage Spaces5.0
Garage Y/NYes
Gross Income174720.0
HOANo
Home Warranty Y/NNo
Insurance Expense5415.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan
Lot Size Square Feet7002.0
Lot Size UnitsSquareFeet
MLS AreaWLA - West Los Angeles
MaintenanceExpense7893.0
MobileHomeRemainsYNNo
Net Operating Income114805.0
New ConstructionNo
Number Of Units Total8
Open Parking Spaces0.0
Operating Expense54674.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot9
Taxes$26,875
Trash Expense5617.0
Water Sewer Expense2000.0
Year Built1953
Year Built SourceAssessor
ZoningLAR3
Exterior for 1539 Corinth Avenue
Building Area Total5262.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTrees, Walkstreet
Lot Size Acres0.1607
Lot Size Area7002.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters9
Number of Separate Gas Meters9
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesAssigned
Pool Charge0.0
Private PoolNo
SpaNo
Total Parking5.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Justin Hughey
Price
$2,150,000
MLS#SR24162264
List Date
08/06/2024
Property Type
Multi-Family
Phone
(562) 818-1655
