Sold on 10/23/2009
$1,950,000
743 North SWEETZER Ave Los Angeles, CA 90069
| Beds: | 3 |
| Baths: | 3 |
| Sq. Ft.: | 10,040 |
| $/Sq. Ft.: | $194 |
| Lot Size: | 8,494 Sq. Ft. |
| Property Type: | Multi-Family |
| Year Built: | 1972 |
| Community: | West Hollywood Vicinity |
| County: | Los Angeles |
| MLS#: | 09-371005 |
| Source: | TheMLS |
| Status: | Closed |
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Prime West Hollywood location, just North of trendy Melrose Avenue on a quiet tree-lined street. Controlled access property with gated parking. Security camera installed. Units have A/C and dishwashers. Some units have been renovated with hardwood floors, granite counter tops & tiled bathrooms. Significant upside in rents of over 34%. Priced at only $225,000/unit and $224/sf!Priced only at 9.9 x gross and a 7.3% cap with market rents! 8.1% cash on cash return with market rents.
Kitchen Information
- Range Hood
- Range
Heating & Cooling
- Wall Heater
- Ceiling Fan(s)
- Central Air Conditioning
Community Features
- Units in Complex (Total): 10
Unit 2 Information
- Number: 8
- # of Beds: 1
- # of Baths: 1
- Monthly Rent: $1,321
Location Information
- Driving Directions: Just North of trendy Melrose Avenue on Sweetzer Avenue.
Expense Information
- Total Annual: $56,038
- Electric: $1,716
- Gardener: $1,040
- Insurance: $4,014
- Maintenance: $8,941
- Manager: $3,600
- Other: $2,590
- Trash: $1,354
- Water: $4,923
Equipment
- Dishwasher
- Dryer
- Freezer
- Garbage Disposal
- Refrigerator
- Washer
Parking Information
- # of Parking Spaces (Total): 16
- # of Covered Spaces: 16
- Garage
- Gated
Multi-Family Information
- # of Buildings: 1
Lot Information
- Lot Size (Sq. Ft.): 8,494
- Dimensions: 50x170
- Lot Size Source: Public Records
- Zoning: LAR3
Property Information
- Square Footage Source: Public Records
- Assessed Improvement Value: $765,000
- Tax Parcel Number: 5528003022
Listing Information
- MLS: CLAW
Interior Features
- Intercom
- Phone System
Building Information
- Total Floors: 2
Unit 1 Information
- Number: 2
- # of Beds: 2
- # of Baths: 2
- Monthly Rent: $1,736
Land Information
- Assessed Land Value: $1,122,000
Financial Information
- Capitalization Rate (%): 4.8
- Net Operating Income: $108,400
- Adjusted Gross Income: $169,524
- Gross Operating Income: $164,438
- Gross Rent Multiplier: 13.30
- Vacancy Allowance (%): 3
Listing last changed
October 26, 2009, 5:07 PM
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Property History for 743 North SWEETZER Ave
| Date | Event | Price | Appreciation | Source |
|---|---|---|---|---|
| Oct 23, 2009 | Sold (MLS) | $1,950,000 | -- | Inactive TheMLS #1 |
| Oct 21, 2009 | Sold (Public Records) | $1,950,000 | 1.3%/yr | Public Records |
| Jun 27, 2009 | Delisted | -- | -- | Inactive TheMLS #1 |
| May 19, 2009 | Listed | $2,250,000 | -- | Inactive TheMLS #1 |
| Jul 27, 2005 | Sold (Public Records) | $1,850,000 | -- | Public Records |
What's the difference between "Sold (Public Records)" and "Sold (MLS)"?
NOTICE: There are past MLS listings for this property which are not being shown. In order to see these listings, MLS Rules require that you Sign In.
Public Facts for 743 North SWEETZER Ave
| Beds: | 12 |
| Baths: | 12.0 |
| Finished Sqft: | 10040 |
| Unfinished Sqft: | - |
| Total Sqft: | 10040 |
| Floors: | - |
| Lot Size: | 8,494 |
| Style: | Multi-Family (5+ Unit) |
| Year Built: | 1972 |
| Year Renovated: | - |
| County: | Los Angeles County |
| APN: | 5528003022 |
| Last Updated: | November 19, 2009 |
These facts may not match MLS-provided listing facts.
Learn more.
Source: Public Records
Property Tax
| Taxable Value | |
| Land | $1,167,328 |
| Additions | $795,906 |
| Total | $1,963,234 |
| Tax (2009) | $23,984 |
Home Value Estimates for 743 North SWEETZER Ave
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Link to this page at
http://www.redfin.com/CA/Los-Angeles/743-N-Sweetzer-Ave-90069/home/7104225
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