1922 Santa Ynez Street

Los Angeles, CA 90026

$1,125,000
Price
8
Beds
3
Baths
2,253 Sq. Ft.
$499 / Sq. Ft.
2,253
Sq. Ft.
$499
per Sq. Ft.

Description

The CREM Group has been selected to exclusively market for sale 1922 Santa Ynez Street, situated just east of Alvarado Street in prime Echo Park. The offering consists of a well maintained three unit building with an attractive mix of two 3+1's and one 2+1, totaling 2,253 square feet. 1922 Santa Ynez Street is situated on a 6,500 square foot lot zoned RD2. The building itself is set back towards the rear of the parcel with a large parking lot in the front, creating an opportunity for the construction...The CREM Group has been selected to exclusively market for sale 1922 Santa Ynez Street, situated just east of Alvarado Street in prime Echo Park. The offering consists of a well maintained three unit building with an attractive mix of two 3+1's and one 2+1, totaling 2,253 square feet. 1922 Santa Ynez Street is situated on a 6,500 square foot lot zoned RD2. The building itself is set back towards the rear of the parcel with a large parking lot in the front, creating an opportunity for the construction of one or two accessory dwelling units (previously, setbacks were reduced to four-foot side and rear yards, however, now if a proposed ADU is less than 800 sq. ft., the front setback requirement can no longer prevent an ADU from being constructed). Buyer to conduct its own investigation to verify ADU feasibility. Situated just two blocks south of Sunset Boulevard, the subject property is abshort distance to some of the neighborhoods most popular restaurants and bars, including Cosa Buona, Honey Hi, Masa, Mohawk Bend, and many more. Echo Park is a vibrant neighborhood highly sought after by young professionals and families. The area's desirability has resulted in steady rent growth and an increase in average home prices, indicating a strong potential for sustained local development and appreciation.
  1. Listed by Mark Cianciulli • DRE #01990266 • Brokerage DRE #01990266 • The CREM Group

Property Details for 1922 Santa Ynez Street

Zoning
LARD2
Parcel Number
5404007002
Total Units
3.0
Living Area
2253
Source Living Area
Vendor Enhanced
Area
Silver Lake (671)
Vacancy Rate
none
Lot Size Area
6500

Location

Listing Courtesy of The CREM Group, Mark Cianciulli, DRE #01990266
Add your commute
LISTING UPDATED: 05/17/2024 12:01 AM

Property Details for 1922 Santa Ynez Street

StatusActive
MLS #24-390261
Days on Market15
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1905
Lot Size0.15 AC / 6,500 SF
CountyLos Angeles County

Location

Listing Courtesy of The CREM Group, Mark Cianciulli, DRE #01990266
Add your commute

Building Information for 1922 Santa Ynez Street

Stories-Residences-Year Built1905Building Size-Lot Size0.15 AC / 6,500 SF

Payment Calculator

$6,597 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,140

Property Taxes

$457

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1922 Santa Ynez Street

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 3
  • Type Of Units: Apartments
Contract Info
Contract Info
  • Disclosures: Trust/Conservatorship
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $80,160
  • Net Operating Income: $57,549.00
  • Gross Income: $80,160
  • Cap Rate: 5.12%
  • Gross Rent Multiplier: $14.03
  • Actual Annual Gross Rent: $80,160.00
  • Total Annual Expense: 21406
  • Water Expense: $1,386.00
  • Other Expense: $2,200.00
  • Tax Expense: $13,106
  • Gardener Expense: $1,200
  • Insurance Expense: $1,261
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1492
  • Lot Size Square Feet: 6500
Parking Details
Parking Details
  • Parking Garage: Parking Space
  • Total Parking: 8
  • Parking Features: Parking Space
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Range/Oven, Refrigerator
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-09-2024
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,795.00
  • Unit Actual Rent: $2,705.00
  • Unit Projected Rent: $2,795.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,081.00
  • Unit Actual Rent: $2,081.00
  • Unit Projected Rent: $2,081.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,804.00
  • Unit Actual Rent: $1,804.00
  • Unit Projected Rent: $1,804.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $123,135.00
  • Assessed Improvement Percent: 30.0
  • Assessed Land Value: $287,328.00
  • Assessed Land Percent: 70
  • Assessed Total Value: $410,463.00

Property History for 1922 Santa Ynez 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 1922 Santa Ynez Street

Taxable ValueLand$293,074Additions$125,597Total$418,671
Tax Record2023$5,480 ($457 / month)
Home Facts
Total Finished SqFt2,253 SqFtAbove Grade Finished SqFt2,253 SqFtLot Size6,500 SqFtStyleTriplexYear Built1905ZoningLARD2CountyLOS ANGELESAPN5404-007-002

Schools near 1922 Santa Ynez Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 8
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Camino Nuevo Charter Academy No. 4
CharterK to 8

Virgil Middle School
Public6 to 8

Edward R. Roybal Learning Center
Public9 to 12

Miguel Contreras Learning Complex School
Public9 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1922 Santa Ynez Street is a multi-family home for sale in Los Angeles, CA 90026. This property was listed for sale on May 9, 2024 by The CREM Group, it's currently listed at $1,125,000. It has been on the market for a total of 15 days and was last sold on December 15, 2010. This listing's school district is Los Angeles Unified School District. Nearby schools include Camino Nuevo Charter Academy No. 4, Virgil Middle School and Edward R. Roybal Learning Center. 1922 Santa Ynez Street is a 8-bed, 3-bath, 2,253 sqft multi-family home built in 1905.

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 The CREM Group, Mark Cianciulli, DRE #01990266

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.