1156 West 25th Street

Los Angeles, CA 90007

$1,000,000
Price
6
Beds
5
Baths
3,588 Sq. Ft.
$279 / Sq. Ft.
3,588
Sq. Ft.
$279
per Sq. Ft.

Description

The West 25TH Street Apartments were built in 1912 and has a charming turn of the century Craftsman style architecture. The building is comprised of 3 (1 bedroom / 1 bath), 1 (Single), and 1 (2 bedroom / 1 bath detached unit with private yard space). Tenants pay for electricity and gas. First time on the market in over 40 years! Rare opportunity to acquire a multifamily dwelling within the covenant University Park and The West Adams District location. The West 25th Street Apartments offers an investor...The West 25TH Street Apartments were built in 1912 and has a charming turn of the century Craftsman style architecture. The building is comprised of 3 (1 bedroom / 1 bath), 1 (Single), and 1 (2 bedroom / 1 bath detached unit with private yard space). Tenants pay for electricity and gas. First time on the market in over 40 years! Rare opportunity to acquire a multifamily dwelling within the covenant University Park and The West Adams District location. The West 25th Street Apartments offers an investor an opportunity to reposition this property into their next trophy property! The property has a phenomenal located more notably within walking/scooting distance to The University of Southern California. The West 25TH Street Apartments lies within the UPC Patrol boundaries (DPS patrols the area surrounding UCS's University Park Campus 24 hours per day, 7 days a week). Within a short distance on 24th St (1354 W 24TH ST) sits a USC transportation stop which conveniently busses students to the USC Campus making this property more appealing for future student housing! Other area highlights include ease of access to multiple freeways (10 & 110), hospitals (Dignity Health Hospital), and schools (Norwood Street Elementary, John Adams Middle School, and West Adams High School, University of Southern California, Mount Saint Mary's University). Moreover, The West 25th Street Apartments boasts an exceptional walk score of 91!
  1. Listed by Luis Morales • DRE #01485986 • Brokerage DRE #01164364 • Remax Commercial and Investment Realty

Property Details for 1156 West 25th Street

Zoning
LARD1.5
Parcel Number
5055022020
Total Units
5.0
Living Area
3588
Source Living Area
Vendor Enhanced
Area
Mid Los Angeles (C16)
Vacancy Rate
0
Lot Size Area
5938

Location

Listing Courtesy of Remax Commercial and Investment Realty, Luis Morales, DRE #01485986
Add your commute
LISTING UPDATED: 03/18/2024 09:38 AM

Property Details for 1156 West 25th Street

StatusActive
MLS #23-314819
Days on Market218
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1912
Lot Size0.14 AC / 5,938 SF
CountyLos Angeles County

Location

Listing Courtesy of Remax Commercial and Investment Realty, Luis Morales, DRE #01485986
Add your commute

Building Information for 1156 West 25th Street

Stories-Residences-Year Built1912Building Size-Lot Size0.14 AC / 5,938 SF

Payment Calculator

$5,784 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,457

Property Taxes

$327

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1156 West 25th Street

Community / Development
Community / Development
  • Number Of Units: 5
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: multifamily
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $64,746
  • Net Operating Income: $42,119.00
  • Gross Income: $65,400
  • Cap Rate: 4.21%
  • Gross Rent Multiplier: $15.29
  • Total Annual Expense: 24627
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1363
  • Lot Size Square Feet: 5938
Parking Details
Parking Details
  • Parking Garage: None
  • Total Parking: 0
  • Parking Features: None
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 09-25-2023
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $950.00
  • Unit Actual Rent: $950.00
  • Unit Projected Rent: $1,400.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $900.00
  • Unit Actual Rent: $900.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,200.00
  • Unit Actual Rent: $1,200.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,200.00
  • Unit Actual Rent: $1,200.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,200.00
  • Unit Actual Rent: $1,200.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $160,108.00
  • Assessed Improvement Percent: 64.93
  • Assessed Land Value: $86,461.00
  • Assessed Land Percent: 35.07
  • Assessed Total Value: $246,569.00

Property History for 1156 West 25th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1156 West 25th Street

Taxable ValueLand$88,190Additions$163,660Total$251,850
Tax Record2023$3,929 ($327 / month)
Home Facts
Total Finished SqFt3,588 SqFtAbove Grade Finished SqFt3,588 SqFtLot Size5,938 SqFtStyleMulti-Family Res (5+ Units)Year Built1986ZoningLARD1.5CountyLOS ANGELESAPN5055-022-020

Schools near 1156 West 25th Street

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
Charter - 6 to 12
Rating
School
Distance
Norwood Street Elementary School
PublicK to 5

John Adams Middle School
Public6 to 8

West Adams Preparatory 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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1156 West 25th Street is a multi-family home for sale in Los Angeles, CA 90007. This property was listed for sale on September 25, 2023 by Remax Commercial and Investment Realty, it's currently listed at $1,000,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Norwood Street Elementary School, John Adams Middle School and West Adams Preparatory High School. 1156 West 25th Street is a 6-bed, 5-bath, 3,588 sqft multi-family home built in 1912.

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 Remax Commercial and Investment Realty, Luis Morales, DRE #01485986

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.