This home is also listed on TheMLS as #09-359581.
For Sale
(MLS-listed)
$5,700,000
922 South BURLINGTON Ave Los Angeles, CA 90006
| Beds: | 5 |
| Baths: | 4 |
| Sq. Ft.: | 30,759 |
| $/Sq. Ft.: | $185 |
| Lot Size: | 0.39 Acres |
| Property Type: | Multi-Family |
| Year Built: | 1989 |
| Community: | Metropolitan |
| County: | Los Angeles |
| MLS#: | 09-408667 |
| Source: | TheMLS |
| Status: | Active |
| On Redfin: | 25 days |
PRICE REDUCED!!! $62,484 EQUITY BUILD-UP/YEAR. RETURN W/ PRINCIPAL REDUCTION. 8.6% TOTAL RETURN. 3 STORY BUILDING W/ ELEVATOR. COURTYARD, SUBTERRANEAN PARKING & SECURITY CAMERAS. QUALITY NON-RENT CONTROLLED PROPERTY. CASH FLOW. GREAT LEVERAGE & LOAN. LTV (75.5% AT ASKING PRICE). ONE NON-CONFORMING 1-BEDROOM UNIT. VERY CLEAN, NEW WATER HEATERS. MUST ASSUME GREAT EXISTING LOAN.
Interior Features
- Elevator
Building Information
- Total Floors: 3
- Composition Roof
Unit 1 Information
- Number: 1
- # of Beds: 1
- # of Baths: 1
- Monthly Rent: $1,000
Lot Information
- Lot Size (Sq. Ft.): 16,808
- Lot Size Source: Public Records
- Zoning: LAR4
Property Information
- Square Footage Source: Public Records
- Assessed Improvement Value: $4,161,600
- Tax Parcel Number: 5137001042
- Legal Disclosures: Take Property As Is
Listing Information
- MLS: CLAW
- Listing Terms: Cash To Existing Loan
Heating & Cooling
- Central Furnace
- Central Air Conditioning
Community Features
- Units in Complex (Total): 35
Unit 2 Information
- Number: 2
- # of Beds: 2
- # of Baths: 1
- Monthly Rent: $1,400
Land Information
- Assessed Land Value: $936,360
Financial Information
- Net Operating Income: $374,525
- Adjusted Gross Income: $594,744
- Gross Operating Income: $565,044
- Gross Rent Multiplier: 9.58
- Vacancy Allowance (%): 5
Parking Information
- # of Parking Spaces (Total): 43
- # of Covered Spaces: 43
- Underground
Multi-Family Information
- # of Buildings: 1
- Owner Pays Gardener
- Owner Pays Water
- Tenant Pays Electricity
- Tenant Pays Gas
Unit 3 Information
- Number: 33
- # of Beds: 2
- # of Baths: 2
- Monthly Rent: $1,350
Location Information
- Driving Directions: ONE BLOCK NORTH OF OLYMPIC BLVD. & SIX BLOCKS EAST OF HOOVER. BLVD.
Expense Information
- Total Annual: $190,519
Listing last changed
November 7, 2009, 12:01 AM
Overhead View of 922 South BURLINGTON Ave, Los Angeles, CA 90006
Sites Linking to 922 South BURLINGTON Ave
Property History for 922 South BURLINGTON Ave
| Date | Event | Price | Appreciation | Source |
|---|---|---|---|---|
| Nov 02, 2009 | Listed | $5,700,000 | -- | TheMLS #09-408667 |
| Oct 24, 2009 | Relisted | -- | -- | TheMLS #09-359581 |
| Aug 31, 2009 | Delisted | -- | -- | TheMLS #09-359581 |
| May 27, 2009 | Price Changed | $5,875,000 | -- | TheMLS #09-359581 |
| Apr 02, 2009 | Listed | $5,975,000 | -- | TheMLS #09-359581 |
Clicking a linked event will take you to details of other MLS listings for this home. Details for sold MLS listings provides valuable information when doing a comparative market analysis.
Public Facts for 922 South BURLINGTON Ave
| Beds: | 70 |
| Baths: | 61.0 |
| Finished Sqft: | 21450 |
| Unfinished Sqft: | - |
| Total Sqft: | 21450 |
| Floors: | - |
| Lot Size: | 16,200 |
| Style: | Multi-Family (5+ Unit) |
| Year Built: | 1989 |
| Year Renovated: | - |
| County: | Los Angeles County |
| APN: | 5137001042 |
| Last Updated: | November 17, 2009 |
These facts may not match MLS-provided listing facts.
Learn more.
Source: Public Records
Property Tax
| Taxable Value | |
| Land | $974,188 |
| Additions | $4,329,728 |
| Total | $5,303,916 |
| Tax (2009) | $64,538 |
Home Value Estimates for 922 South BURLINGTON Ave
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$800,000
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$25,500,000
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$2,250,000
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| Range: | $800,000 - $25,500,000 |
| Average: | $156/Sq. Ft. |
Nearby Similar Sales
More Info
Closest homes similar to 922 South BURLINGTON Ave, which sold within the past six months:
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$2,037,500
816 South WESTLAKE Ave Sold on Jul 09, 2009 |
0.2 miles 3 bd / 3 ba 15,068 Sq. Ft. |
|
$10,000
1663 W 11th Pl Sold on Jun 22, 2009 |
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|
|
$25,000
722 S Bonnie Brae St Sold on Jun 22, 2009 |
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|
$1,695,000
721 South WESTLAKE Ave Sold on Aug 28, 2009 |
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|
|
$181,500
1628 W 12th St Sold on Oct 09, 2009 |
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|
$1,000,000
1214 S Lake St Sold on Oct 19, 2009 |
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|
$1,500,000
511 S Union Ave Sold on Jun 16, 2009 |
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|
$4,250,000
511 S Carondelet St Sold on Jul 02, 2009 |
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|
|
$1,100,000
401 Witmer St Sold on Jun 29, 2009 |
0.8 miles - bd / 20 ba 8,776 Sq. Ft. |
|
|
$2,100,000
1129 S Westmoreland Ave Sold on Oct 23, 2009 |
0.81 miles 16 bd / 24 ba 18,339 Sq. Ft. |
| Range: | $10,000 - $4,250,000 |
| Average: | $80/Sq. Ft. |
Link to this page at
http://www.redfin.com/CA/Los-Angeles/922-S-Burlington-Ave-90006/home/6932039
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