1265 Leighton Avenue

Los Angeles, CA 90037

$2,275,000
Last Sold Price
10
Beds
10
Baths
5,162 Sq. Ft.
$441 / Sq. Ft.
5,162
Sq. Ft.
$441
per Sq. Ft.

Description

DreamSpace Developments is proud to present this custom USC Adjacent Brand New Construction Fourplex. Just two blocks from USC campus and the Banc of California Stadium. Prime Central Location. Projected 5.45%+ Cap Rate . Designer finishes throughout, NO RENT CONTROL , Open Floor Plans,Spacious Large Custom Built-in Closets, Upscale Kitchen+ Appliances included +Washer and Dryer per unit. Separate Gas,Water, and Electric meters.( 2-2BD/2BTH approx 866 Sq Ft- Projected Rent @$3,200)( 2-3BD/3TH approx...DreamSpace Developments is proud to present this custom USC Adjacent Brand New Construction Fourplex. Just two blocks from USC campus and the Banc of California Stadium. Prime Central Location. Projected 5.45%+ Cap Rate . Designer finishes throughout, NO RENT CONTROL , Open Floor Plans,Spacious Large Custom Built-in Closets, Upscale Kitchen+ Appliances included +Washer and Dryer per unit. Separate Gas,Water, and Electric meters.( 2-2BD/2BTH approx 866 Sq Ft- Projected Rent @$3,200)( 2-3BD/3TH approx 1,388 sq ft Projected Rent @$3,800) To access PEAD (Property Entry Advisory and Declaration) forms, which help you maintain compliance with CDC and DRE recommendations during the COVID-19 pandemic.
  1. Listed by Irina Yakubchuk • DRE #01980189 • Brokerage DRE #01073919 • The Agency

Property Details for 1265 Leighton Avenue

Zoning
LARD1.5
Style
Modern
Parcel Number
5037005019
Total Units
4.0
Living Area
5162
Source Living Area
Plans
Area
Los Angeles Southwest (C34)
Vacancy Rate
Vacant

Location

Listing Courtesy of The Agency, Irina Yakubchuk, DRE #01980189

Sold By Yee San Lisa Leung, BROKER, Yee San Lisa Leung, DRE #01821309

Add your commute
LISTING UPDATED: 07/22/2021 12:37 PM

Property Details for 1265 Leighton Avenue

StatusSold
MLS #21-697004
Days on Market26
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2021
Lot Size0.15 AC / 6,750 SF
CountyLos Angeles County

Location

Listing Courtesy of The Agency, Irina Yakubchuk, DRE #01980189

Sold By Yee San Lisa Leung, BROKER, Yee San Lisa Leung, DRE #01821309

Add your commute

Building Information for 1265 Leighton Avenue

Stories2Residences-Year Built2021Building Size-Lot Size0.15 AC / 6,750 SF

Payment Calculator

$14,786 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,416

Property Taxes

$2,370

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1265 Leighton Avenue

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Plans
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Separate
  • View: Yes
  • View Description: City
  • View: City Lights
  • Security Features: Gated
  • Property Condition: New Construction
  • Water Heaters: Yes
  • Water Heater Features: Central Water Heater
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $168,000
  • Net Operating Income: $126,000.00
  • Gross Income: $168,000
  • Cap Rate: 5.40%
  • Gross Rent Multiplier: $13.60
  • Actual Gross Annual Income: $168,000
  • Total Annual Expense: 42000
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Lot Acreage: 0.155
  • Lot Size Square Feet: 6750
  • Lot Size Dimensions: 50x135
  • Source Lot Size Dimensions: Assessor
Parking Details
Parking Details
  • Parking Garage: Driveway, Garage - 2 Car, Private Garage, Garage Is Attached
  • Total Parking: 8
  • Covered Parking: 4
  • Open Other Spaces Total: 4
  • Garage Spaces Total: 4
  • Parking Features: Driveway, Garage - Two Door, Private
Interior Features
Interior Features
  • Room Type: Living Room
  • Rooms: Living Room, Dining Area
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Other Structural Features: Balcony, Custom Built
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 02-24-2021
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,200.00
  • Unit Actual Rent: $3,200.00
  • Unit Projected Rent: $3,200.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $3,800.00
  • Unit Actual Rent: $3,800.00
  • Unit Projected Rent: $3,800.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,200.00
  • Unit Actual Rent: $3,200.00
  • Unit Projected Rent: $3,200.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,800.00
  • Unit Actual Rent: $3,800.00
  • Unit Projected Rent: $3,800.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $43,493.00
  • Assessed Improvement Percent: 25.3
  • Assessed Land Value: $128,397.00
  • Assessed Land Percent: 74.7
  • Assessed Total Value: $171,890.00

Property History for 1265 Leighton Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1265 Leighton Avenue

Taxable ValueLand$1,224,000Additions$1,096,500Total$2,320,500
Tax Record2023$28,434 ($2,370 / month)
Home Facts
Total Finished SqFt4,412 SqFtAbove Grade Finished SqFt4,412 SqFtStories2Lot Size6,750 SqFtStyleQuadraplexYear Built1906ZoningLARD1.5CountyLOS ANGELESAPN5037-005-019

Schools near 1265 Leighton Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - 5 to 8
Public - 6 to 9
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Public Policy Charter
Charter5 to 8

Barack Obama Global Preparation Academy
Public6 to 9

Manual Arts Senior High School
Public9 to 12

USC Hybrid High College Prep
Charter9 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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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 The Agency, Irina Yakubchuk, DRE #01980189

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.