11422 Iowa Ave, Unit 12

Los Angeles, CA 90025

$3,225,000
Last Sold Price
13
Beds
15
Baths
7,646 Sq. Ft.
$422 / Sq. Ft.
7,646
Sq. Ft.
$422
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 9/27/19
Closed 9/27/19

Description

Prime West Los Angeles location sits a 12 unit apartment complex that has been family owned for many years! 10 units are individually metered and property is priced to sell! Property is in close proximity to stores, restaurants, post office. Easy freeway access as well as bus access. 6-7 miles from Santa Monica beach.Prime West Los Angeles location sits a 12 unit apartment complex that has been family owned for many years! 10 units are individually metered and property is priced to sell! Property is in close proximity to stores, restaurants, post office. Easy freeway access as well as bus access. 6-7 miles from Santa Monica beach.
  1. Listed by Denise Mitchell • DRE #01365488 • Brokerage DRE #01147752 • Realty Executives SCV

Property Details for 11422 Iowa Avenue, Unit 12

Parking Spaces Total
10
Private Pool
No
Total Units
12.0
Lot Size Source
Assessor
Property Attached YN
true
Common Walls
2+ Common Walls
New Construction
No
Average Studio Area Units
Square Feet
LISTING UPDATED: 09/27/2019 03:50 AM

Property Details for 11422 Iowa Avenue, Unit 12

StatusClosed
MLS #SR19050373
Days on Market57
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.21 AC / 8,946 SF
CountyLos Angeles County
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Location

Listing Courtesy of Realty Executives SCV, Denise Mitchell, DRE #01365488

Sold By Realty Executives SCV, Denise Mitchell, DRE #01365488

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Building Information for 11422 Iowa Avenue, Unit 12

Stories2Residences-Year Built1963Building Size-Lot Size0.21 AC / 8,946 SF

Payment Calculator

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$21,397 per month

30 year fixed, 6.46% Interest

Principal and Interest

$16,240

Property Taxes

$5,157

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 11422 Iowa Avenue, Unit 12

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $166,765
  • Gross Scheduled Income: $175,812
  • Net Operating Income: $164,365
  • Laundry Income: $2,400
Expense Details
  • Operating Expense: $11,447
  • New Taxes Expense: $22,032
  • Fuel Expense: $1,540
  • Electric Expense: $6,730
  • Insurance Expense: $3,090
  • Professional Management Expense: $0
  • Trash Expense: $2,875
  • Water Sewer Expense: $0
  • Total Expenses: $36,267
Tax / Assessment Info
  • Tax Tract Number: 2673
  • Tax Census Tract: 2673.00
  • Tax Lot: 1
Community / Development
Community / Development
  • Community Features: Suburban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
  • Laundry Equipment Own Lease: Own
Exterior Features
  • Pool Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Land Lease: No
  • Levels: Two
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Carport Spaces: 10
  • Parking Features: Carport, Attached Carport
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,850
  • Unit Type Total Rent: $1,850
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,123
  • Unit Type Total Rent: $1,123
  • Unit Type Pro Forma: 1123
  • Unit Type Type: 10
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,400
  • Unit Type Total Rent: $1,400
  • Unit Type Pro Forma: 1400
  • Unit Type Type: 11
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $937
  • Unit Type Total Rent: $937
  • Unit Type Pro Forma: 937
  • Unit Type Type: 12
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,091
  • Unit Type Total Rent: $1,091
  • Unit Type Pro Forma: 1091
  • Unit Type Type: 2
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,151
  • Unit Type Total Rent: $1,151
  • Unit Type Pro Forma: 1151
  • Unit Type Type: 3
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $927
  • Unit Type Total Rent: $927
  • Unit Type Pro Forma: 927
  • Unit Type Type: 4
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $893
  • Unit Type Total Rent: $893
  • Unit Type Pro Forma: 893
  • Unit Type Type: 5
Unit 9
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,751
  • Unit Type Total Rent: $1,751
  • Unit Type Pro Forma: 1751
  • Unit Type Type: 6
Unit 10
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,091
  • Unit Type Total Rent: $1,091
  • Unit Type Pro Forma: 1091
  • Unit Type Type: 7
Unit 11
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,398
  • Unit Type Total Rent: $1,398
  • Unit Type Pro Forma: 1398
  • Unit Type Type: 8
Unit 12
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,039
  • Unit Type Total Rent: $1,039
  • Unit Type Pro Forma: 1039
  • Unit Type Type: 9
Unit Information
  • Number Of Units Leased: 12
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1

Property History for 11422 Iowa Avenue, Unit 12

DateEvent & SourcePriceAppreciation
Sep 27, 2019

Sold

CRMLS #SR19050373

$3,225,000—
Sep 27, 2019

Pending

CRMLS #SR19050373

—
Sep 18, 2019

Sold (Public Record)

Public Record #653381156

$3,225,000

+5.7% / yr

Sep 16, 2019

Price Change

CRMLS #SR19050373

$3,500,000—
Jul 2, 2019

Price Change

CRMLS #SR19050373

$3,850,000—
Jun 25, 2019

Price Change

CRMLS #SR19050373

$3,800,000—
Mar 18, 2019

Listed (Active)

CRMLS #SR19050373

$3,999,000—
Feb 8, 2002

Sold (Public Record)

Public Record #83771619

$1,225,000—
DateEvent & SourcePrice
09/27/2019

Sold

CRMLS #SR19050373

$3,225,000
09/27/2019

Pending

CRMLS #SR19050373

—
09/18/2019

Sold (Public Record)

Public Record #653381156

$3,225,000

+5.7% / yr

09/16/2019

Price Change

CRMLS #SR19050373

$3,500,000
07/02/2019

Price Change

CRMLS #SR19050373

$3,850,000
06/25/2019

Price Change

CRMLS #SR19050373

$3,800,000
03/18/2019

Listed (Active)

CRMLS #SR19050373

$3,999,000
02/08/2002

Sold (Public Record)

Public Record #83771619

$1,225,000

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

Public Records for 11422 Iowa Avenue, Unit 12

Taxable ValueLand$3,991,807Additions$1,096,915Total$5,088,722
Tax Record2025$61,886 ($5,157 / month)
Home Facts
Total Finished SqFt7,646 SqFtAbove Grade Finished SqFt7,646 SqFtLot Size8,946 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningLAR3CountyLOS ANGELESAPN4261-016-002

Schools near 11422 Iowa Avenue, Unit 12

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Nora Sterry Elementary School
Public - K to 5
Daniel Webster Middle School
Public - 6 to 8
University Senior High School Charter
Charter - 9 to 12
Citizens of the World Charter School Mar Vista
Charter - K to 8
Rating
School
Distance
Nora Sterry Elementary School
PublicK to 5

Daniel Webster Middle School
Public6 to 8

University Senior High School Charter
Charter9 to 12

Citizens of the World Charter School Mar Vista
CharterK to 8

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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Listing Courtesy of Realty Executives SCV, Denise Mitchell, DRE #01365488

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.