11622 Gorham Avenue

Los Angeles, CA 90049

$4,995,000
Price
$4,995,000
Price
10
Beds
3.75
Baths
8,956 Sq. Ft.
$558 / Sq. Ft.
8,956
Sq. Ft.
$558
per Sq. Ft.

Property Details

StatusActive
MLS #19462898
Year Built1957
DOM51
Compass TypeMulti Family
MLS TypeResidential Income / Apartment Building
Lot Size0.17 AC / 7,379 SF
Taxes-
Condo/Co-op Fees-
HOA Fees-
CountyLos Angeles County

Listing Agent

Jonathan Taksa

Remax Commercial and Investment Realty

jon@taksainvestment.com

P: 424.672.8220

M: 310.968.5303

Contact Agent(s)

Property Details

Area
Brentwood (C06)
Parking Spaces Total
14
Pool
No
Cooling Type
Wall or Window Units

Description

11622 Gorham Avenue is an incredible turnkey asset in the coveted community of Brentwood. This 10 unit building has been well maintained, and consists of an excellent unit mix of 2 bedroom, 1 bedroom and studio units. Each unit offers dynamite floorplans flooded with natural light, large kitchens, and private balconies/patios, and some offer vaulted ceilings. With rents averaging only $2.57/SF, there is tremendous rental upside. Nestled just north of San Vicente Blvd. in an irreplaceable part of...

Location

Listing Courtesy of Remax Commercial and Investment Realty, Jonathan Taksa, BRE #01366169

Building Information

Stories2Residences10Year Built1957Building Size-Lot Size0.17 AC / 7,379 SFTotal Parking Spaces14

Payment Calculator

$20,129 per month

30 year fixed, 4.45% Interest

Principal and Interest

$20,129

Property Taxes

HOA Dues

$0

Property Information for 11622 Gorham Avenue

Property Features
    Interior Features
  • Appliances: Dishwasher, Refrigerator
  • Cooking Appliances: Built-Ins, Range
  • Heating: Forced Air
    Parking Info
  • Parking Features: Assigned, Carport Attached
Community/Development / Location Info
    School/Location Info
  • County: Los Angeles
  • Driving Directions: North of San Vicente Blvd., and East of Barrington. Located on the 11600 block of Gorham Avenue, one of the best streets in Brentwood.
    Association Information
  • Association/HOA: No
Income / Expense / Tax / Assessment Details
    Income Details
  • Adjusted Gross Income: $269,271
  • Gross Operating Income: $261,193
  • Gross Rent Multiplier: 18.68
  • Net Operating Income: $161,224
    Expense Details
  • Expense Total Annual: $100,025
    Assessment Info
  • Assessed Improvement Value: $227,807
  • Assessed Land Value: $172,715
Land/Lot Info
    Land/Lot Info
  • Lot Size Source: Public Records
  • Lot Size SQFT: 7379
  • Tax Parcel Number: 4401021012
  • Zoning: LAR3
Structure Info
    Structure Info
  • Units Total In Complex: 10
  • Number Of Buildings: 1
  • Property Sub Type: Apartment Building
  • Property Type: Residential Income
  • Square Footage Source: Vendor Enhanced
  • Total Floors: 2
  • Year Built: 1957
Unit Information
    Unit 1 Info
  • Unit Furnished 1: Unfurnished
  • Unit Monthly Rent 1: $6,479
  • Unit Number Of Bath 1: 1.75
  • Unit Number Of Bed 1: 2.0
  • Unit Projected Total Monthly Rent 1: $7,190
  • Unit Total Monthly Rent 1: $6,479
  • Unit Type 1: 2.0
    Unit 2 Info
  • Unit Furnished 2: Unfurnished
  • Unit Monthly Rent 2: $12,410
  • Unit Number Of Bath 2: 1.0
  • Unit Number Of Bed 2: 1.0
  • Unit Projected Total Monthly Rent 2: $21,560
  • Unit Total Monthly Rent 2: $12,410
  • Unit Type 2: 6.0
    Unit 3 Info
  • Unit Furnished 3: Unfurnished
  • Unit Monthly Rent 3: $2,683
  • Unit Number Of Bath 3: 1.0
  • Unit Projected Total Monthly Rent 3: $3,590
  • Unit Total Monthly Rent 3: $2,683
  • Unit Type 3: 2.0
    Unit 4 Info
  • Unit Furnished 4: Partially
    Unit 5 Info
  • Unit Furnished 5: Partially
    Unit 6 Info
  • Unit Furnished 6: Partially
    Unit 7 Info
  • Unit Furnished 7: Partially
    Unit 8 Info
  • Unit Furnished 8: Partially
    Unit 9 Info
  • Unit Furnished 9: Partially
    Unit 10 Info
  • Unit Furnished 10: Partially
    Unit 11 Info
  • Unit Furnished 11: Partially
    Unit 12 Info
  • Unit Furnished 12: Partially
    Unit 13 Info
  • Unit Furnished 13: Partially

Property History for 11622 Gorham Avenue

DateEvent & SourcePriceAppreciation
May 6, 2019Listed (Active)

CARETS #19462898

$4,995,000
DateEvent & SourcePrice
05/06/2019
Listed (Active)

CARETS #19462898

$4,995,000

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

Schools in Los Angeles, CA

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Brentwood Science SchoolPublicK-50.7 mi
5
University Senior High School CharterPublic9-120.7 mi
7
St. Martin Of ToursPrivateK-80.8 mi
NR
The Archer School For GirlsPrivate6-120.8 mi
NR

Brentwood Science School

K-5, 0.7 mi, Public

5

University Senior High School Charter

9-12, 0.7 mi, Public

7

St. Martin Of Tours

K-8, 0.8 mi, Private

NR

The Archer School For Girls

6-12, 0.8 mi, Private

NR

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.

Brentwood
Brentwood channels an urban sensibility.

More information about 11622 Gorham Avenue, Los Angeles, CA 90049

11622 Gorham Avenue is a multi family for sale in Los Angeles, CA 90049. This property was listed for sale on May 6, 2019 by Remax Commercial and Investment Realty for $4,995,000. Nearby schools include Teach Academy Of Technologies, Math, Science, & Technology Magnet Academy At Roosevelt High and Humanitas Academy Of Art And Technology At Esteban E. Torres High No. 4. 11622 Gorham Avenue is a 10-beds, 3.75-baths, 8,956 sq. ft. multi family built in 1957.

All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.
Listing Courtesy of Remax Commercial and Investment Realty, Jonathan Taksa, BRE #01366169
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