1540 West. 28th St., Los Angeles, CA 90007 - SR20211594 - iPro Real Estate
iPro Real Estate

iPro Real Estate

1540 West. 28th St.
Los Angeles, CA 90007

Active, Multi-Family/Income Sale

For Sale

$1,699,000 $250.74 per sqft

Free Professional CMA

Listing ID : CRSR20211594

  • Lot Size

    6,776 Sqft
  • Year

    1910

Description

A 4 UNIT PROPERTY. PREFECT FOR PROVIDING HOUSING FOR USC STUDENTS. THE FRONT HOUSE CONTAINS 5 BEDROOMS/4 BATHROOMS AND 2 BEDROOMS/1 BATHROOM. THE REAR PROPERTY CONTAINS TWO ADDITIONAL UNITS: 3 BEDROOMS/1 BATHROOM AND 2 BEDROOMS 1/BATHROOM. ONE OF THE UNITS HAS A LONG TERM TENANT, THE OTHERS ARE USC STUDENTS. THE BENEFIT OF HAVING STUDENTS AS TENANT POPULATION IS THAT RENTS ARE HIGHER AND THE RISK OF LONG TERM TENANCY IS MINIMIZED. THE PROPERTY HAS BEEN REMODELED QUITE NICELY. CURRENTLY ONE OF THE UNIT IS UNOCCUPIED WHICH ALLOWS THE NEW OWNER THE OPTION OF OCCUPYING THE UNIT OR TO ELECT A TENANT. (THIS UNIT MIGHT BE RENTED PRIOR TO SELLING). ALSO, THERE IS ON-SITE PARKING ACCESSED OFF OF BUDLONG AVE ALLOWING MINIMUM 4 PARKING SPACE. THE ZONING IS LARD2. PLEASE DO NOT DISTURB THE TENANTS.

Details

Type: Multi-Family/Income Sale 
Subdivision: C16 - Mid Los Angeles 
County: Los Angeles 
Tax ID: 5054034001
Days on Market: 348 
Kitchen: Garbage Disposal, Oven Range - Gas, Refrigerator 
Laundry: Laundry Area, Other 
Number of Buildings: 2 
Number of Units: 4 
Parking Spaces: 4 
Property Type: Commercial Sale 
Sub Type: Fourplex 
Water: District - Public 

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Interactive

34.029419 -118.295639 $1,699,000 SR20211594
1540 West. 28th St., Los Angeles, CA 90007
Directions to here from:

Area Information 90007

Population:

42,660 Up .01% since 2010
Average Income:
$40,609
Average Age:
27Years
Gender:
50.85%Male
49.15%Female
Households:
12,08131.33% with children
Average Value:
$889,530
Occupancy:
11.17%Owned
88.83%Rented
7.04%Vacant
Education:
19.35%High School
4.2%Associate
10.3%Bachelor
7.43%Graduate
Average Residency:
19Years
Crime Rate:
Above Average
Annual Rainfall:
14.64Inches
Earthquake Risk:
Very High
Hurricane Risk:
Very Low
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Average

Tax Assessments

Value

  • Land $1,000,000
  • Improvements $475,000

  • Total $1,475,000

Property Tax

  • 2020 $18,273

History

Date Transaction Price Mortgage Amt & Lender
Date
Jan 16, 2021
Transaction
Canceled - Residential Income (2-4 units)CNSR20211594
Price
$1,699,000
Mortgage Amt & Lender
- -
Date
Jun 06, 2019
Transaction
Sold - Residential Income (2-4 units)CRPW13133769
Price
$600,000
Mortgage Amt & Lender
- -

Mortgage Calculator

Listed by Michael Green with Michael Green Realty & Inv.

Based on information from the MLSListings MLS) as of 9/20/2021. 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.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 9/20/2021. 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. ©2021 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes