1100 South Corning Street
1100 South Corning Street
$4,995,000
14
14
9,993
9,993
$500
Description
8520 Whitworth Dr is a highly coveted Pico Robertson submarket, located just west of S La Cienega Blvd between W Olympic Blvd and W Pico Blvd, a premier Los Angeles neighborhood that attracts high-end renters with a consistently low vacancy rate and steady rent growth. The 2017 high quality construction is not subject to the Los Angeles Rent Stabilization Ordinance; the property totals 9,993 SF with seven spacious units that are all two-bedrooms (1,100-1,200 SF); there is one level of subterranean...8520 Whitworth Dr is a highly coveted Pico Robertson submarket, located just west of S La Cienega Blvd between W Olympic Blvd and W Pico Blvd, a premier Los Angeles neighborhood that attracts high-end renters with a consistently low vacancy rate and steady rent growth. The 2017 high quality construction is not subject to the Los Angeles Rent Stabilization Ordinance; the property totals 9,993 SF with seven spacious units that are all two-bedrooms (1,100-1,200 SF); there is one level of subterranean parking and one level of ground floor parking with 14 spaces total. Units have a condo feel each with a large patio and balconies, in-unit washers and dryers, fireplaces, recessed lighting, custom cabinets, and high-quality kitchens and bathrooms, and central air; the two units on the top floor feature vaulted ceilings. The building is currently fully occupied with strong in-place income; however, there is 18% rental upside achievable over time as units turn. There is a significant affordability gap between renting and home ownership in the neighborhood; within two miles of the subject property, the median home value is over $1 MM; the average household income within two miles of the property is $124,520. The Pico-Robertson neighborhood is an established Los Angeles community known for providing an array of amenities within a half-mile radius, the property has a walk score of 86 and is close proximity to S La Cienega, W Pico, and W Olympic Blvd with high-end retail options for residents.
- Listed by Neema Ahadian • DRE #01346750 • Brokerage DRE #01240999 • Marcus & Millichap
Property Details for 1100 South Corning Street
Zoning
LAR3
Parcel Number4332029021
Total Units1.0
Living Area9993
Source Living AreaVendor Enhanced
AreaBeverly Center-Miracle Mile (C19)
Vacancy Rate0%
Lot Size Area6097
Location
LISTING UPDATED: 05/06/2024 11:47 AM
Property Details for 1100 South Corning Street
Status | Active |
---|---|
MLS # | 24-372041 |
Days on Market | 79 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 2019 |
Lot Size | 0.14 AC / 6,097 SF |
County | Los Angeles County |
Building
Location
Building Information for 1100 South Corning Street
Stories4Residences-Year Built2019Building Size-Lot Size0.14 AC / 6,097 SF
Payment Calculator
$30,913 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1100 South Corning Street
Property History for 1100 South Corning Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1100 South Corning Street
Taxable ValueLand$1,501,574Additions$2,032,411Total$3,533,985
Tax Record2023$43,831 ($3,653 / month)
Home Facts
Total Finished SqFt9,993 SqFtAbove Grade Finished SqFt9,993 SqFtLot Size6,084 SqFtStyleMulti-Family Res (5+ Units)Year Built2017ZoningLAR3CountyLOS ANGELESAPN4332-029-021
Schools near 1100 South Corning Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Charter - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 6 to 12 |
Rating | School | Distance |
---|---|---|
Carthay Center Elementary PublicK to 5 | ||
Emerson Community Charter School Charter6 to 8 | ||
Fairfax Senior High School Public9 to 12 | ||
Los Angeles Center For Enriched Studies Public6 to 12 |
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.
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