1256 South Westgate Avenue
1256 South Westgate Avenue
Description
- Listed by Peter James • DRE #01748556 • Brokerage DRE #01399621 • Lyon Stahl Investment Real Estate, Inc.
- Listed by William James • DRE #01734419 • Brokerage DRE #01399621 • Lyon Stahl Investment Real Estate, Inc.
Property Details for 1256 South Westgate Avenue
Location
Property Details for 1256 South Westgate Avenue
| Status | Active |
|---|---|
| MLS # | 24-351003 |
| Days on Market | 97 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1960 |
| Lot Size | 0.17 AC / 7,204 SF |
| County | Los Angeles County |
Location
Building Information for 1256 South Westgate Avenue
Payment Calculator
$18,949 per month
30 year fixed, 7.25% Interest
$18,009
$940
$0
Property Information for 1256 South Westgate Avenue
- Number Of Units: 10
- Senior Community: No
- Year Built Source: Vendor Enhanced
- Number Of Stories: 2
- Number Of Buildings: 1
- Type Of Units: APT
- View: Yes
- View Description: City
- View: City Lights
- Security Features: Smoke Detector, Carbon Monoxide Detector(s), Exterior Security Lights
- Direction Faces: West
- Water: Public
- Sewer: In Street
- Water Heaters: Yes
- Water Heater Features: Central Water Heater, Gas
- Probate: No
- Financing: Cash To New Loan, Cash
- Disclosures: None
- Listing Type: Exclusive Right To Sell
- Service Level: Full Service
- Scheduled Actual: Actual
- Gross Operating Income: $170,495
- Net Operating Income: $90,349.00
- Gross Income: $170,495
- Cap Rate: 2.74%
- Gross Rent Multiplier: $19.42
- Actual Annual Gross Rent: $169,917.00
- Actual Gross Annual Income: $170,495
- Actual Rent Total: $169,917.00
- Financial Info as Of: 01/23/2024
- Vacancy Allow Dollar: $5,115.00
- Vacancy Allow Percent: 3.00%
- Owner Pays: Gardener, Water
- Total Annual Expense: 75030
- Land Lease Type: Fee
- Land Lease: No
- Additional Parcel Number: No
- Alley: Yes
- Paved: Yes
- Lot Acreage: 0.1654
- Lot Size Square Feet: 7204
- Lot Features: Rectangular Lot
- Lot Description: Single Lot, Lot-Level/Flat, Lot Shape-Rectangular, Street Asphalt, Street Lighting, Alley Paved
- Lot Location: Alley Access, City
- Parking Garage: Covered Parking, Side By Side, Parking Space
- Total Parking: 10
- Garage Spaces Total: 0
- Parking Features: Covered, Side by Side, Parking Space
- Garage Structures Total: 0.0
- Levels: Two
- Fireplace Features: None
- Fireplace Rooms: None
- Cooling: None
- Cooling Type: None
- Heating Type: Wall Gas
- Equipment: Washer, Dryer, Range/Oven, Refrigerator
- Common Walls: Attached
- Laundry: Community
- Laundry Equipment: Lease
- Pool: No
- Private Pool: No
- Pool Description: None
- Pool Features: None
- Spa: No
- Spa: None
- Tennis: No
- Tennis Court: None
- New Construction: No
- Construction Materials: Stucco
- Exterior Construction: Stucco
- Other Structural Features: Balcony
- Other Structures: None
- Entry Date: 01-23-2024
- Rent Control: Yes
- Rent Control: 100
- Tenant Pays: Gas, Electricity
- Unit Beds: 2
- Unit Baths: 2
- Unit Furnished: No
- Unit Rent: $627.00
- Unit Actual Rent: $627.00
- Unit Projected Rent: $2,850.00
- Like Units: 1
- Unit Beds: 2
- Unit Baths: 1
- Unit Furnished: No
- Unit Rent: $1,373.00
- Unit Actual Rent: $2,746.00
- Unit Projected Rent: $2,750.00
- Like Units: 2
- Unit Beds: 1
- Unit Baths: 1
- Unit Furnished: No
- Unit Rent: $1,541.00
- Unit Actual Rent: $10,787.00
- Unit Projected Rent: $2,295.00
- Like Units: 7
- Unit Type Type: 2106, 2107, 2108
- Assessed Improvement Value: $323,301.00
- Assessed Improvement Percent: 38.87
- Assessed Land Value: $508,463.00
- Assessed Land Percent: 61.13
- Assessed Total Value: $831,764.00
Property History for 1256 South Westgate 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 1256 South Westgate Avenue
Schools near 1256 South Westgate Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Charter - | 6 to 8 | |||
| Charter - | 9 to 12 | |||
| Charter - | K to 7 |
Rating | School | Distance |
|---|---|---|
Brockton Avenue Elementary School PublicK to 5 | ||
Emerson Community Charter School Charter6 to 8 | ||
University Senior High School Charter Charter9 to 12 | ||
Citizens of the World Charter School Mar Vista CharterK to 7 |
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
Similar Sold Homes
Homes for Sale near West Los Angeles
Neighborhoods
Cities
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 Lyon Stahl Investment Real Estate, Inc., Peter James, DRE #01748556; Lyon Stahl Investment Real Estate, Inc., William James, DRE #01734419
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.