1416 Malvern Avenue
1416 Malvern Avenue
$800,000
5
4
3,135
3,135
$255
Sold 7/27/23
Description
Price reduced to fast sell! Well Maintenance 4 Unit Income property, located on of most desired rental place, within minutes of DTLA, Korea town and USC. New Pavement , New Roofing with City Permit (2018), New Exterior Paint with City Permit (2021), Foundation Repaired(2019) and with light remodeling all units. Rent can be raised up to 7%. All utilities are paid by the owner. See attached for CAP/GRM One of units is belongs to Section 8. The property located "ALVARADO TERRACE HISTORIC DISTRICT PARK(cozy...Price reduced to fast sell! Well Maintenance 4 Unit Income property, located on of most desired rental place, within minutes of DTLA, Korea town and USC. New Pavement , New Roofing with City Permit (2018), New Exterior Paint with City Permit (2021), Foundation Repaired(2019) and with light remodeling all units. Rent can be raised up to 7%. All utilities are paid by the owner. See attached for CAP/GRM One of units is belongs to Section 8. The property located "ALVARADO TERRACE HISTORIC DISTRICT PARK(cozy and cleaned)" is a designated historic district in the Pico-Union district of Los Angeles. $400 is the storage rental income as M-T-M.
- Listed by Eui Chang • DRE #01722361 • Brokerage DRE #02085679 • The H Realty
Property Details for 1416 Malvern Avenue
Zoning
LARD1.5
Parcel Number5135007004
Total Units4.0
Living Area3135
Source Living AreaVendor Enhanced
AreaDowntown L.A. (C42)
Vacancy Rate0
Lot Size Area6366
Location
LISTING UPDATED: 07/27/2023 04:19 PM
Property Details for 1416 Malvern Avenue
Status | Sold |
---|---|
MLS # | 23-272875 |
Days on Market | 30 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1915 |
Lot Size | 0.15 AC / 6,366 SF |
County | Los Angeles County |
Location
Building Information for 1416 Malvern Avenue
Stories2Residences-Year Built1915Building Size-Lot Size0.15 AC / 6,366 SF
Payment Calculator
$5,091 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1416 Malvern Avenue
Property History for 1416 Malvern Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1416 Malvern Avenue
Taxable ValueLand$412,739Additions$268,022Total$680,761
Tax Record2023$8,700 ($725 / month)
Home Facts
Total Finished SqFt3,135 SqFtAbove Grade Finished SqFt3,135 SqFtLot Size6,366 SqFtStyleQuadraplexYear Built1915ZoningLARD1.5CountyLOS ANGELESAPN5135-007-004
Schools near 1416 Malvern Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 5 |
Rating | School | Distance |
---|---|---|
Magnolia Avenue Elementary School PublicK to 5 | ||
Berendo Middle School Public6 to 8 | ||
West Adams Preparatory High School Public9 to 12 | ||
Equitas Academy Charter School CharterK 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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