1422 Tamarind Avenue

Los Angeles, CA 90028

$5,000,000
Last Sold Price
3
Beds
4
Baths
14,244 Sq. Ft.
$351 / Sq. Ft.
14,244
Sq. Ft.
$351
per Sq. Ft.

Description

1422 Tamarind Ave, this 17-unit apartment community is located just South of Sunset Blvd, in the neighborhood of Hollywood. Walking distance to a myriad of coffee shops, restaurants, theaters, and colleges. Walking proximity to over 1m square feet of brand new office space. Directly across from Sunset Gower Studios. The property features 14,244 square feet of rentable area, situated on a large 12,999 square foot lot zoned LAR4. This 17 unit building is comprised of (4) twobedroom, two-bathroom units,...1422 Tamarind Ave, this 17-unit apartment community is located just South of Sunset Blvd, in the neighborhood of Hollywood. Walking distance to a myriad of coffee shops, restaurants, theaters, and colleges. Walking proximity to over 1m square feet of brand new office space. Directly across from Sunset Gower Studios. The property features 14,244 square feet of rentable area, situated on a large 12,999 square foot lot zoned LAR4. This 17 unit building is comprised of (4) twobedroom, two-bathroom units, (12) one-bedroom, one bathroom units, and (1) studio unit. The building has been well maintained and includes a beautifully landscaped central courtyard. Approximately 20 parking spots included in the property.

Listing Agents

  1. Kenny Stevens Team

    Kenny Stevens Team

    Listing Agent

    Compass

    DRE #01090251

  2. Kenny Stevens

    Kenny Stevens

    Listing Agent

    Compass

    DRE #01090251

Property Details for 1422 Tamarind Avenue

Zoning
LAR4
Parcel Number
5545015050
Total Units
17.0
Living Area
14244
Source Living Area
Other
Area
Hollywood (C20)
Vacancy Rate
2%
Lot Size Area
13000

Location

Listing Courtesy of Compass, Kenny Stevens Team, DRE #01090251; Compass, Kenny Stevens, DRE #01090251

Sold By Compass, Kenny Stevens, DRE #01090251

Add your commute
LISTING UPDATED: 01/21/2020 09:41 AM

Property Details for 1422 Tamarind Avenue

StatusSold
MLS #18-358686
Days on Market350
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1962
Lot Size0.30 AC / 13,000 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Kenny Stevens Team, DRE #01090251; Compass, Kenny Stevens, DRE #01090251

Sold By Compass, Kenny Stevens, DRE #01090251

Add your commute

Building Information for 1422 Tamarind Avenue

Stories2Residences-Year Built1962Building Size-Lot Size0.30 AC / 13,000 SF

Payment Calculator

$32,713 per month

30 year fixed, 7.25% Interest

Principal and Interest

$27,287

Property Taxes

$5,426

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1422 Tamarind Avenue

Community / Development
Community / Development
  • Number Of Units: 17
  • Senior Community: No
Structure Info
Structure Info
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartments
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $341,604
  • Net Operating Income: $208,896.00
  • Gross Income: $341,604
  • Cap Rate: 4.12%
  • Gross Rent Multiplier: $14.53
  • Total Annual Expense: 132709
Land / Lot Info
Land / Lot Info
  • Geocode Override: 0.0
Parking Details
Parking Details
  • Parking Garage: Other
  • Total Parking: 20
Interior Features
Interior Features
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling: Other/Remarks
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • Pool: No
  • Tennis: No
Lease Terms
Lease Terms
  • Entry Date: 06-25-2018
  • Rent Control: 100%
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $8,866.00
  • Unit Actual Rent: $8,866.00
  • Unit Projected Rent: $10,600.00
  • Like Units: 4
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $18,653.00
  • Unit Actual Rent: $18,653.00
  • Unit Projected Rent: $25,140.00
  • Like Units: 12
Unit 3 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $859.00
  • Unit Actual Rent: $859.00
  • Unit Projected Rent: $1,695.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108

Property History for 1422 Tamarind 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 1422 Tamarind Avenue

Taxable ValueLand$2,733,063Additions$2,523,478Total$5,256,541
Tax Record2023$65,114 ($5,426 / month)
Home Facts
Total Finished SqFt14,244 SqFtAbove Grade Finished SqFt14,244 SqFtLot Size13,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1962ZoningLAR4CountyLOS ANGELESAPN5545-015-050

Schools near 1422 Tamarind Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Hollywood Elementary
PublicK to 5

Grant Elementary School
PublicK to 6

Joseph Le Conte Middle School
Public6 to 8

Helen Bernstein High 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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Similar Sold Homes

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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 Compass, Kenny Stevens Team, DRE #01090251; Compass, Kenny Stevens, DRE #01090251

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.