10116 South Vermont Avenue

Los Angeles, CA 90044

$995,000
Price
8
Beds
4
Baths
2,416 Sq. Ft.
$412 / Sq. Ft.
2,416
Sq. Ft.
$412
per Sq. Ft.

Description

Cash flow. All similar 2-bedroom detached units, with all tenants renting with Section 8 vouchers. Lots of upside in rents. 5 open parking spaces in rear. Buyer to cooperate with sellers' 1031 exchange.Cash flow. All similar 2-bedroom detached units, with all tenants renting with Section 8 vouchers. Lots of upside in rents. 5 open parking spaces in rear. Buyer to cooperate with sellers' 1031 exchange.
  1. Listed by Daniel Poyourow • DRE #00853908 • Brokerage DRE #00853908 • Post Realty

Property Details for 10116 South Vermont Avenue

Water Front
None
Zoning
LAC2
Style
Cottage
Cross Streets
102nd
Parcel Number
6054012001
Total Units
4.0
Living Area
2416
Source Living Area
Vendor Enhanced

Location

Listing Courtesy of Post Realty, Daniel Poyourow, DRE #00853908
Add your commute
LISTING UPDATED: 04/30/2024 12:01 AM

Property Details for 10116 South Vermont Avenue

StatusActive
MLS #24-383347
Days on Market14
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1943
Lot Size0.14 AC / 6,277 SF
CountyLos Angeles County

Location

Listing Courtesy of Post Realty, Daniel Poyourow, DRE #00853908
Add your commute

Building Information for 10116 South Vermont Avenue

Stories1Residences-Year Built1943Building Size-Lot Size0.14 AC / 6,277 SF

Payment Calculator

$5,775 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,430

Property Taxes

$345

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 10116 South Vermont Avenue

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 4
  • Amenities: None
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 4
  • Type Of Units: Detached
  • View: No
  • View Description: None
  • View: None
  • Security Features: Gated, Window Bars
  • Water: District
  • Sewer: In Street
  • Water Heaters: Yes
  • Water Heater Features: Other
Contract Info
Contract Info
  • Probate: No
  • Disclosures: As Is, Seller/Owner/Principal RE Licensed, Owner Is Listing Agent
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $70,228
  • Net Operating Income: $48,621.00
  • Gross Income: $72,400
  • Gross Rent Multiplier: $13.74
  • Actual Annual Gross Rent: $72,400.00
  • Actual Rent Total: $72,400.00
  • Total Annual Expense: 22057
  • Water Expense: $3,000.00
  • Tax Expense: $12,437
  • Gardener Expense: $900
  • Expense Licenses: $450.00
  • Insurance Expense: $2,100
  • Manager Expense: $720
  • Expense Supplies: $50.00
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Alley: Yes
  • Lot Acreage: 0.1441
  • Lot Size Square Feet: 6277
  • Lot Description: Fenced
  • Lot Location: Alley Access
Parking Details
Parking Details
  • Parking Garage: Offsite, Side By Side, Unassigned, Uncovered
  • Total Parking: 5
  • Covered Parking: 0
  • Open Other Spaces Total: 5
  • Garage Spaces Total: 0
  • Carport Spaces Total: 0
  • Parking Features: Off Site, Side by Side, Unassigned, Uncovered
  • Garage Structures Total: 0.0
Interior Features
Interior Features
  • Levels: One
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Mixed
  • Equipment: None
  • Common Walls: Detached/No Common Walls
  • Laundry: None
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Roof: Asphalt
  • Sprinklers: None
  • Patio Features: None
  • New Construction: No
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Foundation Details: Slab
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-23-2024
  • Rent Control: Yes
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,567.40
  • Unit Actual Rent: $1,567.40
  • Unit Projected Rent: $2,200.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,353.40
  • Unit Actual Rent: $1,353.40
  • Unit Projected Rent: $2,200.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,938.00
  • Unit Actual Rent: $1,938.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,174.40
  • Unit Actual Rent: $1,174.40
  • Unit Projected Rent: $2,200.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
  • Number of Carpet: 4
  • Number of Dishwasher: 0
  • Number of Disposal: 0
  • Number of Drapes: 0
  • Number of Electric Meters: 4
  • Number of Gas Meters: 4
  • Number Leased: 4
  • Number Patio: 0
  • Number Range: 0
  • Number Refrigerator: 0
  • Number Rented Garages: 0
  • Number Wall AC: 0
  • Number Water Meters: 1
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $153,299.00
  • Assessed Improvement Percent: 51.52
  • Assessed Land Value: $144,280.00
  • Assessed Land Percent: 48.48
  • Assessed Total Value: $297,579.00

Property History for 10116 South Vermont Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 10116 South Vermont Avenue

Taxable ValueLand$144,280Additions$153,299Total$297,579
Tax Record2023$4,142 ($345 / month)
Home Facts
Total Finished SqFt2,416 SqFtAbove Grade Finished SqFt2,416 SqFtLot Size6,277 SqFtStyleQuadraplexYear Built1943ZoningLAC2CountyLOS ANGELESAPN6054-012-001

Schools near 10116 South Vermont Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 10
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Woodcrest Elementary School
PublicK to 5

Boys Academic Leadership Academy
Public6 to 10

George Washington Preparatory High School
Public9 to 12

Alain Leroy Locke College Prep Academy
Charter9 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

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10116 South Vermont Avenue is a multi-family home for sale in Los Angeles, CA 90044. This property was listed for sale on April 22, 2024 by Post Realty, it's currently listed at $995,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Woodcrest Elementary School, Boys Academic Leadership Academy and George Washington Preparatory High School. 10116 South Vermont Avenue is a 8-bed, 4-bath, 2,416 sqft multi-family home built in 1943.

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 Post Realty, Daniel Poyourow, DRE #00853908

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.