1325 Douglas Street

Los Angeles, CA 90026

$2,700,000
Price
1
Beds
8
Baths
3,456 Sq. Ft.
$781 / Sq. Ft.
3,456
Sq. Ft.
$781
per Sq. Ft.

Description

Discover this prime investment opportunity in Echo Park with this historic 8-unit apartment building. Built in 1923, each charming 1-bed, 1-bath unit offers cozy living spaces. Totaling 3,456 sq ft on a 7,315 sq ft lot, this property is ideal for those seeking urban convenience. Zoned LARD1.5, it's located near Dodger's Stadium, Tsubaki, The Douglas, El Compadre, Stereoscope Coffee, Lowboy, Monty's Good Burger, and more.Discover this prime investment opportunity in Echo Park with this historic 8-unit apartment building. Built in 1923, each charming 1-bed, 1-bath unit offers cozy living spaces. Totaling 3,456 sq ft on a 7,315 sq ft lot, this property is ideal for those seeking urban convenience. Zoned LARD1.5, it's located near Dodger's Stadium, Tsubaki, The Douglas, El Compadre, Stereoscope Coffee, Lowboy, Monty's Good Burger, and more.
  1. Listed by Matias Stofenmacher • DRE #01705003 • Brokerage DRE #01889629 • Edgestone Real Estate, Inc. • 818-464-5707
  2. Listed by Sebastian Stofenmacher • DRE #01328684 • Brokerage DRE #01889629 • Edgestone Real Estate, Inc.

Property Details for 1325 Douglas Street

Parking Spaces Total
0
Private Pool
No
Total Units
8.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3456
Assessor Parcel Number
5406-010-017
Property Attached YN
true

Location

Listing Courtesy of Edgestone Real Estate, Inc., Matias Stofenmacher, DRE #01705003; Edgestone Real Estate, Inc., Sebastian Stofenmacher, DRE #01328684
Add your commute
LISTING UPDATED: 04/23/2024 11:28 PM

Property Details for 1325 Douglas Street

StatusActive
MLS #PW24079912
Days on Market12
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
CountyLos Angeles County

Location

Listing Courtesy of Edgestone Real Estate, Inc., Matias Stofenmacher, DRE #01705003; Edgestone Real Estate, Inc., Sebastian Stofenmacher, DRE #01328684
Add your commute

Building Information for 1325 Douglas Street

Building/Complex1325 Douglas StFloor-Stories1Residences-Pet Policy-Year Built1923Building Size-

Payment Calculator

$16,925 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,735

Property Taxes

$2,190

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1325 Douglas Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas, Trash Collection
Income / Expense / Tax Details
Income Details
  • Gross Income: $182,998
  • Gross Scheduled Income: $182,998
  • Vacancy Allowance: 5490
  • Vacancy Allowance Rate: 3
  • Net Operating Income: $131,923
  • Gross Multiplier: 15.21
  • Cap Rate: 4.93
Expense Details
  • Operating Expense: $45,585
  • New Taxes Expense: $31,320
  • Gardener Expense: $1,200
  • Fuel Expense: $0
  • Licenses Expense: $854
  • Pest Control Expense: $1,140
  • Electric Expense: $0
  • Insurance Expense: $3,186
  • Maintenance Expense: $4,000
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $3,885
  • Total Expenses: $45,585
Tax / Assessment Info
  • Tax Block: 2
  • Tax Tract Number: 0
  • Tax Census Tract: 1973.00
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 6
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Landscaped
  • Number Of Units: 8
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 8
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $15,250
  • Unit Type Total Rent: $15,250
  • Unit Type Pro Forma: 19200
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 5
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1

Property History for 1325 Douglas 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 1325 Douglas Street

Taxable ValueLand$1,421,739Additions$694,463Total$2,116,202
Tax Record2023$26,286 ($2,190 / month)
Home Facts
Total Finished SqFt3,456 SqFtAbove Grade Finished SqFt3,456 SqFtLot Size7,313 SqFtStyleMulti-Family Res (5+ Units)Year Built1923ZoningLARD1.5CountyLOS ANGELESAPN5406-010-017

Schools near 1325 Douglas Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Logan Academy of Global Ecology
PublicK to 8

Belmont Senior High School
Public9 to 12

Miguel Contreras Learning Complex 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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1325 Douglas Street is a multi-family home for sale in Los Angeles, CA 90026. This property was listed for sale on April 22, 2024 by Edgestone Real Estate, Inc., it's currently listed at $2,700,000. It has been on the market for a total of 12 days and was last sold on May 29, 2018. This listing's school district is Los Angeles Unified School District. Nearby schools include Logan Academy of Global Ecology, Belmont Senior High School and Ramon C. Cortines School Of Visual And Performing Arts. 1325 Douglas Street is a 1-bed, 8-bath, 3,456 sqft multi-family home built in 1923.

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 Edgestone Real Estate, Inc., Matias Stofenmacher, DRE #01705003; Edgestone Real Estate, Inc., Sebastian Stofenmacher, DRE #01328684

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.