Los Angeles, CA 90035 1449 S Point View Street
$3,350,000
0 more
Presented By: JOY CHIOU with Capital Investments Real Estat; 626-833-8143
Beds • 14
Baths • 14
SQFT • 7,566
Garage • 9
Year Built • 1965
Home Details
We are pleased to present a nine (9) unit apartment building located at 1449 South Point View Street in Los Angeles, California. This meticulously maintained property is situated in a prime Pico/Fairfax location, south of West Pico Boulevard and west of South Fairfax Avenue near "The Grove". Built in 1965, this property contains a great unit mix of five (5) one-bedroom/one-bathroom units and four (4) two-bedroom/two-bathroom units. All units are within a 7,566 square foot (SF) building. This building includes an on-site laundry common area, and nine (9) covered parking spaces within the carport and tuck-under in the back. New paint, 4 units fully remodeled, retrofit completed in 2023. The tenants pay for electricity and gas, and the offering can be delivered with one (2) vacancy. Situated in a prime Pico/Fairfax location, this offering presents an excellent opportunity for any investor to capitalize leasing with rental upside potential and adding value in a gentrifying market adjacent to Beverly Hills.
Presented By: JOY CHIOU with Capital Investments Real Estat; 626-833-8143
Interior Features for 1449 S Point View Street
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 1449 S Point View Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces9.0
Carport Y/NYes
CityLos Angeles
Community FeaturesUrban
CountyLos Angeles
DirectionsFairfax & Pico, close to 'The Grove'
Electric Expense18000.0
Electric On Property Y/NNo
Entry LocationStreet level
Fuel Expense1101.0
Garage Spaces9.0
Garage Y/NYes
Gross Income201419.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense5148.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsConventional
Lot Size Square Feet8506.0
Lot Size UnitsSquareFeet
MLS AreaC09 - Beverlywood Vicinity
MobileHomeRemainsYNNo
Net Operating Income130287.0
New ConstructionNo
Number Of Units Total9
Operating Expense70156.0
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 Lot3
Tenant PaysElectricity, Gas
Trash Expense6655.0
Water Sewer Expense6000.0
Year Built1965
Year Built SourceAssessor
ZoningLAR3
Exterior for 1449 S Point View Street
Building Area Total7566.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSixToTenUnitsAcre, StreetLevel
Lot Size Acres0.1953
Lot Size Area8506.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters9
Number of Separate Gas Meters9
Number of Separate Water Meters0
Open Parking Y/NNo
Parking FeaturesAssigned, Covered
Private PoolNo
SpaNo
Total Parking18.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Keegan Cin
Team Lead
Price
$3,350,000
MLS#WS25016474
List Date
01/22/2025
Property Type
Multi-Family
Phone
(310) 963-5595
