4533 Pickford Street

Los Angeles, CA 90019

$3,655,000
Price
17
Beds
16
Baths
11,472 Sq. Ft.
$319 / Sq. Ft.
11,472
Sq. Ft.
$319
per Sq. Ft.

Description

We are pleased to present this 17 unit offering in a great mid-city location of Los Angeles. The building has an excellent unit mix consisting of (5) 2 Bed / 1 Bath, (8) 1 Bed / 1 Bath, and (4) Single /1 Bath units. The units are spread out across 11,472 square feet of gross leasable area, on a large 14,000 square foot lot that is zonedLARD1.5. It was built in 1963 and is subject to LA RSO. There is an interior courtyard with plentiful parking in both the front and the rear of the building and it...We are pleased to present this 17 unit offering in a great mid-city location of Los Angeles. The building has an excellent unit mix consisting of (5) 2 Bed / 1 Bath, (8) 1 Bed / 1 Bath, and (4) Single /1 Bath units. The units are spread out across 11,472 square feet of gross leasable area, on a large 14,000 square foot lot that is zonedLARD1.5. It was built in 1963 and is subject to LA RSO. There is an interior courtyard with plentiful parking in both the front and the rear of the building and it is secured with gated entry. With great in place cashflow, the opportunity also offers significant rental upside for a future investor. The subject property is well situated in the Mid-City of Los Angeles, surrounded by tremendous growth and developments in the recent past. Located just south of the Mid-Town Crossing and a short distance from a new development that includes Sprouts Farmers Market, Target and Michael's. The area has also benefited from entertainment options such as new and high end restaurants like N/Soto, just around the corner. With plenty of shopping, dining and entertainment options, current and future tenants in the subject property are able to capitalize on an abundance of local amenities.
  1. Listed by William James • DRE #01734419 • Brokerage DRE #01399621 • Lyon Stahl Investment Real Estate, Inc.
  2. Listed by Peter James • DRE #01748556 • Brokerage DRE #01399621 • Lyon Stahl Investment Real Estate, Inc.

Property Details for 4533 Pickford Street

Water Front
None
Zoning
LARD1.5
Style
Mid-Century
Cross Streets
Pickford Ave and West Blvd
Parcel Number
5071024034
Total Units
17.0
Living Area
11472
Source Living Area
Vendor Enhanced

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., William James, DRE #01734419; Lyon Stahl Investment Real Estate, Inc., Peter James, DRE #01748556
Add your commute
LISTING UPDATED: 05/24/2024 12:01 AM

Property Details for 4533 Pickford Street

StatusActive
MLS #24-392873
Days on Market17
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.32 AC / 14,004 SF
CountyLos Angeles County

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., William James, DRE #01734419; Lyon Stahl Investment Real Estate, Inc., Peter James, DRE #01748556
Add your commute

Building Information for 4533 Pickford Street

Stories2Residences-Year Built1963Building Size-Lot Size0.32 AC / 14,004 SF

Payment Calculator

$22,062 per month

30 year fixed, 7.25% Interest

Principal and Interest

$19,947

Property Taxes

$2,115

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4533 Pickford Street

Community / Development
Community / Development
  • Number Of Units: 17
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: apt
  • View: Yes
  • View Description: City
  • View: City Lights
  • Security Features: Gated, Carbon Monoxide Detector(s), Smoke Detector, Resident Manager, Exterior Security Lights
  • Direction Faces: South
  • Water: Public
  • Sewer: In Street
  • Water Heaters: Yes
  • Water Heater Features: Central Water Heater
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash To New Loan
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $337,064
  • Net Operating Income: $214,203.00
  • Gross Income: $344,293
  • Cap Rate: 5.86%
  • Gross Rent Multiplier: $10.62
  • Actual Annual Gross Rent: $344,293.00
  • Actual Gross Annual Income: $347,489
  • Actual Rent Total: $344,293.00
  • Financial Info as Of: 05/16/2024
  • Vacancy Allow Dollar: $10,425.00
  • Vacancy Allow Percent: 3.00%
  • Owner Pays: Water, Gardener
  • Total Annual Expense: 122861
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Additional Parcel Number: No
  • Alley: No
  • Lot Acreage: 0.3215
  • Lot Size Square Feet: 14004
Parking Details
Parking Details
  • Parking Garage: Carport
  • Total Parking: 17
  • Covered Parking: 17
  • Open Other Spaces Total: 0
  • Garage Spaces Total: 0
  • Carport Spaces Total: 0
  • Parking Features: Carport
  • Garage Structures Total: 0.0
Interior Features
Interior Features
  • Levels: Multi/Split
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Range/Oven, Washer, Dryer, Refrigerator
  • Common Walls: Attached
  • Laundry: Community
  • Laundry Equipment: Lease
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-16-2024
  • Rent Control: Yes
  • Rent Control: 100
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,879.00
  • Unit Actual Rent: $9,394.00
  • Unit Projected Rent: $12,000.00
  • Like Units: 5
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,728.00
  • Unit Actual Rent: $13,821.00
  • Unit Projected Rent: $16,000.00
  • Like Units: 8
Unit 3 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,369.00
  • Unit Actual Rent: $5,476.00
  • Unit Projected Rent: $6,400.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $870,855.00
  • Assessed Improvement Percent: 44.83
  • Assessed Land Value: $1,071,827.00
  • Assessed Land Percent: 55.17
  • Assessed Total Value: $1,942,682.00

Property History for 4533 Pickford Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4533 Pickford Street

Taxable ValueLand$1,071,827Additions$880,205Total$1,952,032
Tax Record2023$25,383 ($2,115 / month)
Home Facts
Total Finished SqFt11,472 SqFtAbove Grade Finished SqFt11,472 SqFtLot Size14,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningLARD1.5CountyLOS ANGELESAPN5071-024-034

Schools near 4533 Pickford Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - PK to 5
Rating
School
Distance
Alta Loma Elementary School
PublicK to 5

Johnnie Cochran, Jr., Middle School
Public6 to 8

Los Angeles Senior High School
Public9 to 12

Global Education Academy 2
CharterPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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4533 Pickford Street is a multi-family home for sale in Los Angeles, CA 90019. This property was listed for sale on May 16, 2024 by Lyon Stahl Investment Real Estate, Inc., it's currently listed at $3,655,000. It has been on the market for a total of 17 days and was last sold on January 14, 2005. This listing's school district is Los Angeles Unified School District. Nearby schools include Alta Loma Elementary School, Johnnie Cochran, Jr., Middle School and Los Angeles Senior High School. 4533 Pickford Street is a 17-bed, 16-bath, 11,472 sqft multi-family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., William James, DRE #01734419; Lyon Stahl Investment Real Estate, Inc., Peter James, DRE #01748556

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided 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 CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.