1125 Lodi Place

Los Angeles, CA 90038

$1,374,310
Last Sold Price
6
Beds
6
Baths
4,872 Sq. Ft.
$282 / Sq. Ft.
4,872
Sq. Ft.
$282
per Sq. Ft.

Description

Incredible opportunity for an investor to purchase this 6 unit secure complex consisting of 2 structures. 2 Unit to be be delivered vacant. The front structure has 4 oversized 1 bedroom units with living rooms, formal dining rooms, good size kitchens, large bedrooms, & a full bathroom with attached dressing room. They are approx. 1,000 sq ft each. The rear structure has 2 units that are 1 bedroom each above a 4 car parking garage. Lots of original features including the beautiful French windows and...Incredible opportunity for an investor to purchase this 6 unit secure complex consisting of 2 structures. 2 Unit to be be delivered vacant. The front structure has 4 oversized 1 bedroom units with living rooms, formal dining rooms, good size kitchens, large bedrooms, & a full bathroom with attached dressing room. They are approx. 1,000 sq ft each. The rear structure has 2 units that are 1 bedroom each above a 4 car parking garage. Lots of original features including the beautiful French windows and high coved ceilings. This is a prime rental area just south of the hustle and bustle of the Hollywood Media Arts sector. Some of the upgrades to the complex include copper re-piping of the front units and both structures were recently painted. This asset offers an investor a unique & rare opportunity to add value through unit interior upgrades as the units turn over. Units are separately metered for electricity & gas. Please do not disturb the tenants. https://youtu.be/yRRQHDOcD_M. 3 vacant.
  1. Listed by Benjamin Shapiro • DRE #01318506 • Brokerage DRE #01703618 • Nourmand & Associates-HW

Property Details for 1125 Lodi Place

Zoning
LARD1.5
Parcel Number
5534007017
Total Units
6.0
Living Area
4872
Source Living Area
Assessor
Area
Hollywood (C20)
Vacancy Rate
0
Lot Size Area
6766

Location

Listing Courtesy of Nourmand & Associates-HW, Benjamin Shapiro, DRE #01318506

Sold By Non-Participant Office, Subscriber Non, DRE #13252

Add your commute
LISTING UPDATED: 12/09/2020 05:08 PM

Property Details for 1125 Lodi Place

StatusSold
MLS #20-585546
Days on Market156
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1953
Lot Size0.16 AC / 6,766 SF
CountyLos Angeles County

Location

Listing Courtesy of Nourmand & Associates-HW, Benjamin Shapiro, DRE #01318506

Sold By Non-Participant Office, Subscriber Non, DRE #13252

Add your commute

Building Information for 1125 Lodi Place

Stories2Residences-Year Built1953Building Size-Lot Size0.16 AC / 6,766 SF

Payment Calculator

$9,162 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,500

Property Taxes

$1,662

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1125 Lodi Place

Community / Development
Community / Development
  • Number Of Units: 6
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Other
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Apartment
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: Actual
  • Gross Operating Income: $84,024
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $19.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Size Square Feet: 6766
  • Geocode Override: 0.0
Parking Details
Parking Details
  • Parking Garage: Assigned
  • Total Parking: 4
  • Parking Features: Assigned
Interior Features
Interior Features
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling Type: Other
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Other
Exterior Features
Exterior Features
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 06-02-2020
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,500.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,423.00
  • Unit Actual Rent: $1,423.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,032.00
  • Unit Actual Rent: $1,032.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,236.00
  • Unit Actual Rent: $1,236.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $210,007.00
  • Assessed Land Value: $210,007.00

Property History for 1125 Lodi Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1125 Lodi Place

Taxable ValueLand$714,910Additions$856,760Total$1,571,670
Tax Record2023$19,943 ($1,662 / month)
Home Facts
Total Finished SqFt5,212 SqFtAbove Grade Finished SqFt5,212 SqFtLot Size6,766 SqFtStyleMulti-Family Res (5+ Units)Year Built1953ZoningLARD1.5CountyLOS ANGELESAPN5534-007-017

Schools near 1125 Lodi Place

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Hollywood Elementary
PublicK to 5

Vine Street Elementary School
PublicK to 6

Joseph Le Conte Middle School
Public6 to 8

Hollywood Senior High School
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.

Similar Homes

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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 Nourmand & Associates-HW, Benjamin Shapiro, DRE #01318506

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.