1975 South Corning Street
1975 South Corning Street
$5,499,000
26
21
12,816
12,816
$429
Description
Classic 60's courtyard building with garden-style, walk-up units, that are prevalent in The Westside. Just North of the 10 Freeway and a few blocks West of La Cienega, the property is located in La Cienega Heights, neighboring Palms - one of The Westside's most robust rental submarkets. A tried-and-true investment option with easy access to jobs, dining and retail in Beverly Hills, Culver City and Hollywood. Highly "walkable" just 2 blocks from a large retail center, anchored by Target, LA Fitness...Classic 60's courtyard building with garden-style, walk-up units, that are prevalent in The Westside. Just North of the 10 Freeway and a few blocks West of La Cienega, the property is located in La Cienega Heights, neighboring Palms - one of The Westside's most robust rental submarkets. A tried-and-true investment option with easy access to jobs, dining and retail in Beverly Hills, Culver City and Hollywood. Highly "walkable" just 2 blocks from a large retail center, anchored by Target, LA Fitness & CVS. Through organic turnover or "cash for keys", a Buyer can expect healthy rent increases and a proforma cap rate of 6%.
- Listed by Brice Head • DRE #01330706 • Brokerage DRE #00868409 • CBRE, Inc.
Property Details for 1975 South Corning Street
Zoning
LARD2
Parcel Number4302028035
Total Units15.0
Living Area12816
Source Living AreaVendor Enhanced
AreaBeverlywood Vicinity (C09)
Vacancy Rate3%
Lot Size Area12612
Location
LISTING UPDATED: 04/10/2024 10:50 AM
Property Details for 1975 South Corning Street
Status | Active |
---|---|
MLS # | 24-378401 |
Days on Market | 51 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1963 |
Lot Size | 0.29 AC / 12,612 SF |
County | Los Angeles County |
Location
Building Information for 1975 South Corning Street
Stories2Residences-Year Built1963Building Size-Lot Size0.29 AC / 12,612 SF
Payment Calculator
$32,763 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1975 South Corning Street
Property History for 1975 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 1975 South Corning Street
Taxable ValueLand$1,810,720Additions$778,943Total$2,589,663
Tax Record2023$33,033 ($2,753 / month)
Home Facts
Total Finished SqFt12,816 SqFtAbove Grade Finished SqFt12,816 SqFtLot Size12,609 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningLARD2CountyLOS ANGELESAPN4302-028-035
Schools near 1975 South Corning 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 - | 6 to 12 |
Rating | School | Distance |
---|---|---|
Shenandoah Street Elementary School PublicK to 5 | ||
Alexander Hamilton 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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