Los Angeles (City), California CA 90026
$1,925,000 Price
Pending Status
Est. Monthly Payment: $10,333.82 See Details
13,113 Square Feet
0.301 Acres
16179512 Listing ID
We are pleased to present for sale a six unit multifamily property made up of six buildings on one parcel located in Silver Lake, California. Built in 1924, this six-building hill-side complex presents a unit mix of six one-bedroom/one-bathroom units. This unique property features four street side garages for storage (providing substantial monthly income), gated entry with a staircase leading tenants to their units, separate water heaters in each unit, balconies in most units, and a prime view of the Hollywood sign and the Griffith Park Observatory.
Schedule Showing
Status Pending
County Los Angeles
Year Built 1924
Property Type Rental Income
Rental Income
{"zipcode": "90026", "price": "1925000"}
Down Payment
Credit Score
Loan Amount
Loan Type

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Primary Features

County: Los Angeles
IDX City Name: Los Angeles
IDX County Name: Los Angeles
Property Type: Rental Income
Year Built: 1924
Zoning: LARD1.5

Financial Details

Assessed Improvement Value: 17875
Assessed Land Value: 346702
Cap Rate: 4.69
Expense Total Annual: 40008
Garage Rental Rate: 237.5
Gross Operating Income: 133896
Gross Rent Multiplier: 14.38
Net Operating Income: 90213
Original List Price: 2050000
Price Per SqFt: 427.78
Private Transfer Taxes: no
Special Conditions: Standard Sale
Unit Monthly Rent01: 1950
Unit Monthly Rent02: 1545
Unit Monthly Rent03: 1366
Unit Monthly Rent04: 1900
Unit Monthly Rent05: 1800
Unit Monthly Rent06: 1648
Unit Projected Total Monthly Rent01: 1950
Unit Projected Total Monthly Rent02: 2150
Unit Projected Total Monthly Rent03: 2150
Unit Projected Total Monthly Rent04: 2150
Unit Projected Total Monthly Rent05: 2150
Unit Projected Total Monthly Rent06: 2150
Unit Total Monthly Rent01: 1950
Unit Total Monthly Rent02: 1545
Unit Total Monthly Rent03: 1365
Unit Total Monthly Rent04: 1900
Unit Total Monthly Rent05: 1800
Unit Total Monthly Rent06: 1648


ADA Compliance: no
Additions Alterations: no
Adjusted Gross Income: 130221
BathsTotal: 6
BedroomsTotal: 6
Building Permit: no
Legal Disclosures: No Property Assessments
List Agent License Number: 01772495
ListingStatus: Pending
Number Of Buildings: 6
Square Footage Source: Seller
Units Total In Complex: 6

Location Information

Alley: no
Area: Silver Lake - Echo Park (C21)
View: no

Interior Features

Appliances: Electric Dryer Hookup, Refrigerator
Building Size: 4500
Cooking Appliances: Range
Cooling Type: None
Elevators: no
Fireplace: no
Heating Type: Wall Heater
Total Floors: 2
Unit Furnished01: Unfurnished
Unit Furnished02: Unfurnished
Unit Furnished03: Unfurnished
Unit Furnished04: Unfurnished
Unit Furnished05: Unfurnished
Unit Furnished06: Unfurnished
Unit Furnished07: Partially
Unit Furnished08: Partially
Unit Furnished09: Partially
Unit Furnished10: Partially
Unit Furnished11: Partially
Unit Furnished12: Partially
Unit Furnished13: Partially
Unit Number Of Bath01: 1
Unit Number Of Bath02: 1
Unit Number Of Bath03: 1
Unit Number Of Bath04: 1
Unit Number Of Bath05: 1
Unit Number Of Bath06: 1
Unit Number Of Bed01: 1
Unit Number Of Bed02: 1
Unit Number Of Bed03: 1
Unit Number Of Bed04: 1
Unit Number Of Bed05: 1
Unit Number Of Bed06: 1
Water Heaters YN: no

External Features

Garage Spaces Total: 4
Lot Size Source: Public Records
Lot Size SqFt: 13114
Parking Type: On street
Paved YN: no
Pool: no
Spa: no

Zoning Info

Listing courtesy of Jason Tuvia (01772495) from Marcus & Millichap.
Based on information from CARETS as of Sunday, June 25th, 2017 08:15:50 AM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Contact - Listing ID 16179512

Jovelle Schaffer

1801 Hillhurst Avenue
Los Angeles, CA 90027
Phone: 2137181110

Data services provided by IDX Broker