1548 Micheltorena Street

Los Angeles, CA 90026

$2,995,000
Price
4
Beds
6
Baths
3,770 Sq. Ft.
$794 / Sq. Ft.
3,770
Sq. Ft.
$794
per Sq. Ft.

Description

Unparalleled quality. Stabilized rent. Over-The-Top Renovation. Crisp & Refined from every angle. Secured access property. Automatic Gate, automatic pedestrian door. Outdoor space. Each bungalow has Central HVAC, Vintage fixtures & hardware, Solid Doug Fir cabinets & trim. Quarter sawn Oak floors. Built-in Bars w/backlit Stained glass, Built-in Cabinets, Custom shelving in closets. Sunlight refracting antique style glass windows. Custom stained glass in bath windows, Subzero refrigerators, Dishwashers,...Unparalleled quality. Stabilized rent. Over-The-Top Renovation. Crisp & Refined from every angle. Secured access property. Automatic Gate, automatic pedestrian door. Outdoor space. Each bungalow has Central HVAC, Vintage fixtures & hardware, Solid Doug Fir cabinets & trim. Quarter sawn Oak floors. Built-in Bars w/backlit Stained glass, Built-in Cabinets, Custom shelving in closets. Sunlight refracting antique style glass windows. Custom stained glass in bath windows, Subzero refrigerators, Dishwashers, washer/dryers in each unit. Tankless water heaters. Restored O'Keefe & Merritt gas stoves. Private separate finished offices at rear of property, 1 for each unit. Nest thermostats, Malibu style tiles, Decorative Batchelder style faux fireplace. No house meters! 6 electrical meters, 6 gas meters, 6 water meters. Electric charging avail for every parking space.
  1. Listed by Frank Paul Barbano • DRE #01380908 • Brokerage DRE #01380908 • Barbano Realty

Property Details for 1548 Micheltorena Street

Zoning
LARD1.5
Style
Spanish
Cross Streets
Sunset Blvd and Micheltorena St
Parcel Number
5425002025
Total Units
6.0
Living Area
3770
Source Living Area
Estimated
Area
Silver Lake (671)

Location

Listing Courtesy of Barbano Realty, Frank Paul Barbano, DRE #01380908
Add your commute
LISTING UPDATED: 05/29/2024 12:05 AM

Property Details for 1548 Micheltorena Street

StatusActive
MLS #24-391907
Days on Market18
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.17 AC / 7,502 SF
CountyLos Angeles County

Location

Listing Courtesy of Barbano Realty, Frank Paul Barbano, DRE #01380908
Add your commute

Building Information for 1548 Micheltorena Street

Stories1Residences-Year Built1923Building Size-Lot Size0.17 AC / 7,502 SF

Payment Calculator

$17,650 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,345

Property Taxes

$1,305

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1548 Micheltorena Street

Community / Development
Community / Development
  • Number Of Units: 6
  • Amenities: Controlled Access, Picnic Area, Extra Storage, Gated Parking
  • Association Amenities: Controlled Access, Picnic Area
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 1
  • Number Of Buildings: 5
  • Type Of Units: Bungalow Ct
  • View: Yes
  • View Description: City
  • View: City Lights
  • Security Features: Automatic Gate, Card/Code Access
  • Property Condition: New Construction
  • Water: In Street
  • Sewer: In Street
  • Water Heaters: Yes
  • Water Heater Features: Tankless, Gas
  • Building Permit: Yes
Contract Info
Contract Info
  • Financing: Cash To New Loan
  • Disclosures: As Is, Owner Has R.E. License, Owner Is Listing Agent, Property Report, Rent Control
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $197,973
  • Net Operating Income: $197,973.00
  • Gross Income: $232,200
  • Cap Rate: 6.00%
  • Gross Rent Multiplier: $13.75
  • Actual Annual Gross Rent: $232,200.00
  • Actual Gross Annual Income: $232,200
  • Actual Rent Total: $232,200.00
  • Financial Info as Of: 05/15/2024
  • Total Annual Expense: 34227
  • Other Expense: $2,443.00
  • Tax Expense: $17,236
  • Insurance Expense: $6,400
  • Management Expense: $6,948.00
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Lot Acreage: 0.1722
  • Lot Size Square Feet: 7502
  • Lot Size Dimensions: 50x150
  • Source Lot Size Dimensions: Vendor Enhanced
  • Lot Description: Fenced
  • Lot Location: Flats
Parking Details
Parking Details
  • Parking Garage: Carport Detached, Driveway - Pavers, Gated, Covered Parking
  • Total Parking: 6
  • Covered Parking: 6
  • Parking Features: Detached Carport, Paved, Gated, Covered
  • Attached Garage: No
Interior Features
Interior Features
  • Room Type: Living Room
  • Rooms: Breakfast Area, Breakfast Bar, Bar, Living Room, Patio Open, Study/Office
  • Levels: One, Two
  • Fireplace Features: Decorative
  • Fireplace Rooms: Decorative
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling: Central Air
  • Cooling Type: Central, Air Conditioning
  • Heating: Central, Natural Gas
  • Heating Type: Central, Natural Gas
  • Flooring: Hardwood, Ceramic Tile
  • Equipment: Dishwasher, Hood Fan, Built-Ins, Garbage Disposal, Gas Dryer Hookup, Range/Oven, Refrigerator, Washer, Dryer, Water Line to Refrigerator, Stackable W/D Hookup
  • Interior Features: Built-Ins, Cathedral-Vaulted Ceilings, Intercom, Turnkey, Bar, Living Room Balcony, Pre-wired for high speed Data, Storage Space, Crown Moldings
  • Room Kitchen Features: Kitchen Island, Corian Counters
  • Kitchen Features: Island, Counter Top, Corian Counters, Marble Counters
  • Room Bathroom Features: Low Flow Toilet(s), Linen Closet/Storage, Tile Counters
  • Bathroom Features: Shower Over Tub, Low Flow Toilet(s), Linen Closet, Tile
  • Cooking Appliances: Oven-Gas, Cooktop - Gas
  • Laundry: In Unit
  • Laundry Equipment: Own
  • Volt220 Location: In Garage
Exterior Features
Exterior Features
  • Windows: Screens, Drapes/Curtains
  • New Construction: Yes
  • Other Structural Features: Balcony, Energy Efficient
  • Other Structures: Accessory Bldgs
Lease Terms
Lease Terms
  • Entry Date: 05-15-2024
  • Listing Terms: Cash To New Loan, Exchange Down, Exchange Up, Cash
  • Rent Control: Yes
  • Rent Control: 100
  • Tenant Pays: Gas, Electricity, Water, Trash Collection
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,500.00
  • Unit Actual Rent: $3,500.00
  • Unit Projected Rent: $3,800.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,300.00
  • Unit Actual Rent: $3,300.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,850.00
  • Unit Actual Rent: $2,850.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,900.00
  • Unit Actual Rent: $2,900.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,300.00
  • Unit Actual Rent: $3,300.00
  • Unit Projected Rent: $3,700.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,500.00
  • Unit Actual Rent: $3,500.00
  • Unit Projected Rent: $4,000.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Number of Carpet: 0
  • Number of Dishwasher: 6
  • Number of Disposal: 6
  • Number of Drapes: 6
  • Number of Electric Meters: 6
  • Number of Gas Meters: 6
  • Number Leased: 6
  • Number Patio: 2
  • Number Range: 6
  • Number Refrigerator: 6
  • Number Water Meters: 6
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $368,653.00
  • Assessed Improvement Percent: 30.0
  • Assessed Land Value: $860,195.00
  • Assessed Land Percent: 70
  • Assessed Total Value: $1,228,848.00

Property History for 1548 Micheltorena 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 1548 Micheltorena Street

Taxable ValueLand$860,195Additions$368,653Total$1,228,848
Tax Record2023$15,660 ($1,305 / month)
Home Facts
Total Finished SqFt3,202 SqFtAbove Grade Finished SqFt3,202 SqFtLot Size7,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1923ZoningLARD1.5CountyLOS ANGELESAPN5425-002-025

Schools near 1548 Micheltorena 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
Public - K to 2
Rating
School
Distance
Micheltorena Street Elementary School
PublicK to 5

Thomas Starr King Middle School
Public6 to 8

John Marshall Senior High School
Public9 to 12

Lexington Avenue Primary Center
PublicK to 2

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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1548 Micheltorena Street is a multi-family home for sale in Los Angeles, CA 90026. This property was listed for sale on May 15, 2024 by Barbano Realty, it's currently listed at $2,995,000. It has been on the market for a total of 18 days and was last sold on July 13, 2015. This listing's school district is Los Angeles Unified School District. Nearby schools include Micheltorena Street Elementary School, Thomas Starr King Middle School and John Marshall Senior High School. 1548 Micheltorena Street is a 4-bed, 6-bath, 3,770 sqft multi-family home built in 1923.

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 Barbano Realty, Frank Paul Barbano, DRE #01380908

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.