1402 North Las Palmas Avenue
1402 North Las Palmas Avenue
Closed 9/14/22
Closed 9/14/22
Description
- Listed by DANIEL CORCORAN • DRE #00451125 • Brokerage DRE #01787829 • Corcoran Group of California Inc.
Property Details for 1402 North Las Palmas Avenue
Location
Sold By 4B Advisors Inc., Kyungho Hwang, DRE #01877950
Property Details for 1402 North Las Palmas Avenue
| Status | Closed |
|---|---|
| MLS # | EV22029331 |
| Days on Market | 174 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1921 |
| Lot Size | 0.25 AC / 10,730 SF |
| County | Los Angeles County |
Location
Sold By 4B Advisors Inc., Kyungho Hwang, DRE #01877950
Building Information for 1402 North Las Palmas Avenue
Payment Calculator
$20,481 per month
30 year fixed, 7.25% Interest
$17,218
$3,263
$0
Property Information for 1402 North Las Palmas Avenue
- Gross Income: $254,827
- Gross Scheduled Income: $254,827
- Vacancy Allowance: 7645
- Vacancy Allowance Rate: 3
- Gross Operating Income: $247,182
- Net Operating Income: $190,010
- Laundry Income: $1,440
- Gross Multiplier: 14.47
- Cap Rate: 4.84
- Financing: Cash To Existing Loan
- Operating Expense: $57,172
- New Taxes Expense: $37,250
- Gardener Expense: $736
- Fuel Expense: $0
- Licenses Expense: $631
- Pest Control Expense: $586
- Electric Expense: $5,382
- Insurance Expense: $4,627
- Maintenance Expense: $8,006
- Professional Management Expense: $0
- Trash Expense: $0
- Water Sewer Expense: $0
- Total Expenses: $57,172
- Tax Tract Number: 190700
- Tax Census Tract: 1907.00
- CFD/Mello-Roos Fee: $0
- Tax Lot: 51
- Assessments YN: Yes
- Assessments: Unknown
- Community Features: Sidewalks
- Laundry: Yes
- Laundry Features: Common Area
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Lot Features: Corner Lot, Lot 10000-19999 Sqft
- Number Of Units: 10
- Land Lease: No
- Land Lease Type: Fee
- Water: Public
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 3
- Uncovered Spaces: 1
- Open Other Spaces Total: 1
- Parking Garage Spaces: 3
- Carport Spaces: 0
- Unit Type Units Total: 5
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 3
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,965
- Unit Type Total Rent: $9,825
- Unit Type Pro Forma: 2250
- Unit Type Type: 1
- Unit Type Units Total: 4
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,913
- Unit Type Total Rent: $7,652
- Unit Type Pro Forma: 2600
- Unit Type Type: 2
- Unit Type Units Total: 1
- Unit Type Beds Total: 0
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $888
- Unit Type Total Rent: $888
- Unit Type Pro Forma: 1400
- Unit Type Type: 3
- Rent Controlled: Yes
- Number Of Buildings: 4
- Number Of Separate Electric Meters: 11
- Number Of Separate Gas Meters: 11
- Number Of Separate Water Meters: 1
Property History for 1402 North Las Palmas 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 1402 North Las Palmas Avenue
Schools near 1402 North Las Palmas Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 5 |
Rating | School | Distance |
|---|---|---|
Gardner Street Elementary School PublicK to 5 | ||
Hubert Howe Bancroft Middle School Public6 to 8 | ||
Hollywood Senior High School Public9 to 12 | ||
South Shores/Csudh Visual And Performing Arts PublicK to 5 |
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.
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Listing Courtesy of Corcoran Group of California Inc., DANIEL CORCORAN, DRE #00451125
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.