1075 Obispo Avenue
1075 Obispo Avenue
Closed 10/27/21
Closed 10/27/21
Description
1075 Obispo Avenue’s location, cashflow, attractive financing and high-end renovations provide a new investor the opportunity to own an improved asset that will minimize their cost, maximize their return over the long-term investment horizon and provide a superior hedge against inflation.
- Listed by Christopher Van Vuuren • DRE #02060007 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc.
Property Details for 1075 Obispo Avenue
Location
Sold By Home Team Realty, Shawn Mehrannia, DRE #01874025
Property Details for 1075 Obispo Avenue
| Status | Closed |
|---|---|
| MLS # | SB21192388 |
| Days on Market | 1 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1963 |
| Lot Size | 0.15 AC / 6,501 SF |
| County | Los Angeles County |
Location
Sold By Home Team Realty, Shawn Mehrannia, DRE #01874025
Building Information for 1075 Obispo Avenue
Payment Calculator
$18,214 per month
30 year fixed, 7.25% Interest
$15,133
$3,081
$0
Property Information for 1075 Obispo Avenue
- Gross Income: $210,000
- Gross Scheduled Income: $210,000
- Net Operating Income: $143,164
- Number Of Rented Garages: 4
- Financing: Cash To Existing Loan
- Operating Expense: $60,700
- Fuel Expense: $0
- Electric Expense: $0
- Insurance Expense: $0
- Professional Management Expense: $0
- Trash Expense: $0
- Water Sewer Expense: $0
- Total Expenses: $60,700
- Tax Tract Number: -
- Tax Census Tract: 5769.03
- CFD/Mello-Roos Fee: $1,599
- Tax Lot: 12
- Community Features: Sidewalks
- Laundry: Yes
- Laundry Features: Common Area
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Lot Features: Rectangular Lot
- Number Of Units: 9
- Land Lease: No
- Land Lease Type: Fee
- Levels: Two
- Sewer: Unknown
- Water Source: Public
- Garage Spaces: 4
- Uncovered Spaces: 4
- Open Other Spaces Total: 4
- Parking Garage Spaces: 4
- Carport Spaces: 0
- Builders Tract Name: Eastside
- Builders Tract Code: Eastside (ES)
- Unit Type Units Total: 9
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 4
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $17,045
- Unit Type Total Rent: $17,045
- Unit Type Pro Forma: 18225
- Unit Type Type: 1
- 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 1075 Obispo Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1075 Obispo Avenue
Schools near 1075 Obispo Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Willard Elementary School PublicK to 5 | ||
Jefferson Leadership Academies School Public6 to 8 | ||
Wilson High School Public9 to 12 | ||
Richard D. Browning High 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.
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Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Christopher Van Vuuren, DRE #02060007
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.