Sold
Last Sold Price
6 beds4 baths2,836 sqft
1624 Preuss Rd, Los Angeles, CA 90035
Multi FamilyProperty Type
0.09 acresLot Size
1955Year Built
$450/sq ftPrice per sq ft
3 carsParking Spaces

Description

The Preuss Apartments is a Four Unit investment property located in the prime Pico Robertson neighborhood of Los Angeles. The property was originally built in 1955, however two units were remodeled in 2009 and the Studio unit was just completed in 2016. The property features a strong unit-mix of two nicely upgraded Two Bedroom/One Bathroom units, which include Kitchens with Granite Counters, Wood Cabinets, Luxurious Bathrooms, Hardwood Floors, in-unit Washer/Dryer hookups and Central HVAC. These...The Preuss Apartments is a Four Unit investment property located in the prime Pico Robertson neighborhood of Los Angeles. The property was originally built in 1955, however two units were remodeled in 2009 and the Studio unit was just completed in 2016. The property features a strong unit-mix of two nicely upgraded Two Bedroom/One Bathroom units, which include Kitchens with Granite Counters, Wood Cabinets, Luxurious Bathrooms, Hardwood Floors, in-unit Washer/Dryer hookups and Central HVAC. These are complimented by a brand new Single unit with Modern Kitchen and Bathroom and a One Bedroom/One Bathroom unit that is ripe for an astute investor to modernize and increase rents, which are currently about 14% below market. There are three garage parking spaces and four onsite bicycle parking spaces. Great for an Investor or as a Potential Owner User property.
  • Listed by: Daniel Baird DRE #01249675 Brokerage DRE #01249675 • Sperry Van Ness
Listing closed: 07/12/2016 12:00 AM • Source: CLAW, MLS#: 15-922585

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Recent comparable sales

Median sold price

$1,350,000

Avg days on market

61

Sale-to-list ratio

96.4%

Los Angeles, CA

9 comparable properties found

a front view of a house with garden
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1

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Sold 05/02/25

6
Bedrooms
4
Bathrooms
3,216
Square Feet
0.13
Acres
$1,200,000 | 5227 West 20th Street, Los Angeles, CA 90016
1/4
2

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Sold 07/29/26

6
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4
Bathrooms
2,734
Square Feet
0.17
Acres
$1,350,000 | 4933 West 20th Street, Los Angeles, CA 90016
1/2
3

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Sold 08/07/26

6
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Bathrooms
2,865
Square Feet
0.21
Acres
a view of a house with a yard
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Sold 07/25/25

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a view of car parked in front of house
1/25
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Sold 04/27/26

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3,140
Square Feet
0.11
Acres
a view of a house with outdoor space
1/41
6

$1,325,000

Sold 06/23/25

6
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4
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2,498
Square Feet
0.16
Acres
a view of a park that has a large trees with wooden fence
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Sold 07/21/25

6
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4
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2,748
Square Feet
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Acres
a front view of a house with garden
1/27
8

$1,400,000

Sold 04/22/25

5
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3,039
Square Feet
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a view of a white house with large trees and outdoor space
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$1,610,000

Sold 07/11/25

6
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4
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3,216
Square Feet
0.17
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Location

Listing Courtesy of Sperry Van Ness, Daniel Baird, DRE #01249675

Sold By Sperry Van Ness, Daniel Baird, DRE #01249675

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Property Information for 1624 Preuss Road

Property Details
  • MLS Type: Residential Income
  • Zoning: LAR3
  • Parcel Number: 4303003007
  • Total Units: 4.0
  • Living Area: 2836
  • Source Living Area: Vendor Enhanced
  • Area: Beverlywood Vicinity (C09)
  • Vacancy Rate: 50%
  • Lot Size Area: 3730
  • Source Lot Size Area: Vendor Enhanced
  • Assessor Parcel Number: 4303-003-007
  • Directions: The subject property is located in the highly sought after Pico-Robertson Area and is poised to benefit from the soon to break ground renovations at the Robertson Rec Center project across the street that will create a new $7 million neighborhood community center that includes a modern gymnasium, community center and child care center.
Building Information
  • Stories: 2
  • Year Built: 1955
  • Lot Size: 0.09 AC / 3,730 SF
Community / Development
Community / Development
  • Number Of Units: 4
Structure Info
Structure Info
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartment
  • View: No
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $74,520
  • Net Operating Income: $46,068.00
  • Gross Income: $72,284
  • Gross Scheduled Income: $67,320
  • Cap Rate: 3.50%
  • Gross Rent Multiplier: $17.80
  • Monthly GrossI Income: $5,940.00
  • Garage Income: $3,600
  • Laundry Income: $360
  • Total Annual Expense: 26216
  • Water Expense: $941.00
  • Gas Expense: $644
  • Electric Expense: $941.00
  • Trash Expense: $941.00
  • Other Expense: $300.00
  • Expense Pest: $435.00
  • Tax Expense: $16,900
  • Gardener Expense: $435
  • Expense Licenses: $140.00
  • Insurance Expense: $1,558
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Lot Size Square Feet: 3730
  • Geocode Override: 0.0
Parking Details
Parking Details
  • Parking Garage: Garage - 3 Car
  • Total Parking: 3
  • Covered Parking: 3
  • Parking Features: Garage - Three Door
Interior Features
Interior Features
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling Type: Air Conditioning
  • Heating Type: Central
  • Equipment: None
  • Laundry: None
Exterior Features
Exterior Features
  • Pool: No
  • Tennis: No
  • Construction: STUCCO
Lease Terms
Lease Terms
  • Entry Date: 07-13-2015
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,000.00
  • Unit Actual Rent: $1,000.00
  • Unit Projected Rent: $1,600.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,860.00
  • Unit Actual Rent: $1,860.00
  • Unit Projected Rent: $2,150.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,150.00
  • Unit Actual Rent: $2,150.00
  • Unit Projected Rent: $2,150.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,200.00
  • Unit Actual Rent: $1,200.00
  • Unit Projected Rent: $1,200.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $288,884.00
  • Assessed Land Value: $567,266.00

Property History for 1624 Preuss Road

DateEvent & SourcePriceAppreciation
Jul 12, 2016

Sold

SDMLS #15922585

$1,275,000
Jul 12, 2016

Sold

CRMLS #15922585

$1,275,000
Jul 12, 2016

Sold

CLAW #15-922585

$1,275,000
DateEvent & SourcePrice
07/12/2016

Sold

SDMLS #15922585

$1,275,000
07/12/2016

Sold

CRMLS #15922585

$1,275,000
07/12/2016

Sold

CLAW #15-922585

$1,275,000

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

Public Records for 1624 Preuss Road

Taxable ValueLand$1,044,524Additions$435,217Total$1,479,741
Tax Record2025$18,008 ($1,501 / month)
Home Facts
Total Finished SqFt2,836 SqFtAbove Grade Finished SqFt2,836 SqFtLot Size3,730 SqFtStyleQuadraplexYear Built1955ZoningLAR3CountyLOS ANGELESAPN4303-003-007

Schools near 1624 Preuss Road

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
Canfield Avenue Elementary School
PublicK to 5

Daniel Webster Middle School
Public6 to 8

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1624 Preuss Road, Los Angeles, CA 90035
$1,275,000
6
4
2,836
3,730
$1,275,000
4
2,836
3,730
3
2,288
3,730
3
2,266
3,730
1,572
3,168

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sperry Van Ness, Daniel Baird, DRE #01249675

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.