1473 East 23rd Street

Los Angeles, CA 90011

$800,000
Price
$800,000
Price
6
Beds
4
Baths
3,098 Sq. Ft.
$258 / Sq. Ft.
3,098
Sq. Ft.
$258
per Sq. Ft.

Property Details

StatusActive
MLS #19478114
Year Built1904
DOM6
Compass TypeTownhouse
MLS TypeResidential Income / Fourplex
Lot Size0.13 AC / 5,662 SF
Taxes-
Condo/Co-op Fees-
HOA Fees-
CountyLos Angeles County

Listing Agent

Davis Saadian

BRC Advisors- BH

davis@brcadvisors.com

P: 310.402.8958

M: 310.402.8958

Contact Compass Agent

Property Details

Area
Downtown L.A. (C42)
Pool
No
Cooling Type
Other

Description

We are pleased to offer for sale this four (4) unit multifamily investment opportunity located at 1473 E. 23rd Street, in the City of Los Angeles. This two-story building, consisting of two separate structures, was constructed of wood frame and stucco on a raised foundation built in 1904 & 1910 with a square footage of 3,098 on a 5,662-square foot lot. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix,...

Location

Listing Courtesy of BRC Advisors- BH, Davis Saadian, BRE #01921748

Building Information

Stories2Residences4Year Built1904Building Size-Lot Size0.13 AC / 5,662 SF

Payment Calculator

$3,224 per month

30 year fixed, 4.45% Interest

Principal and Interest

$3,224

Property Taxes

HOA Dues

$0

Property Information for 1473 East 23rd Street

Property Features
    Interior Features
  • Heating: Other
  • Interior Features: Other
    Parking Info
  • Parking Features: Other
Community/Development / Location Info
    School/Location Info
  • County: Los Angeles
  • Driving Directions: 1473 E. 23rd Street, Los Angeles 90011
    Association Information
  • Association/HOA: No
Income / Expense / Tax / Assessment Details
    Income Details
  • Adjusted Gross Income: $67,780
  • Cap Rate: 6.19
  • Gross Operating Income: $67,780
  • Gross Rent Multiplier: 11.46
  • Net Operating Income: $49,546
    Expense Details
  • Expense Total Annual: $18,838
    Assessment Info
  • Assessed Improvement Value: $116,844
  • Assessed Land Value: $110,354
Land/Lot Info
    Land/Lot Info
  • Lot Size Source: Vendor Enhanced
  • Lot Size SQFT: 5662
  • Tax Parcel Number: 5119026021
  • Zoning: LARD2
Structure Info
    Structure Info
  • Units Total In Complex: 4
  • Number Of Buildings: 2
  • Property Sub Type: Fourplex
  • Property Type: Residential Income
  • Square Footage Source: Public Records
  • Total Floors: 2
  • Year Built: 1904
Unit Information
    Unit 1 Info
  • Unit Furnished 1: Unfurnished
  • Unit Monthly Rent 1: $1,275
  • Unit Number Of Bath 1: 1.0
  • Unit Number Of Bed 1: 1.0
  • Unit Projected Total Monthly Rent 1: $2,000
  • Unit Total Monthly Rent 1: $1,275
  • Unit Type 1: 1.0
    Unit 2 Info
  • Unit Furnished 2: Unfurnished
  • Unit Monthly Rent 2: $1,464
  • Unit Number Of Bath 2: 1.0
  • Unit Number Of Bed 2: 1.0
  • Unit Projected Total Monthly Rent 2: $2,000
  • Unit Total Monthly Rent 2: $1,464
  • Unit Type 2: 1.0
    Unit 3 Info
  • Unit Furnished 3: Unfurnished
  • Unit Monthly Rent 3: $1,538
  • Unit Number Of Bath 3: 1.0
  • Unit Number Of Bed 3: 2.0
  • Unit Projected Total Monthly Rent 3: $2,400
  • Unit Total Monthly Rent 3: $1,538
  • Unit Type 3: 1.0
    Unit 4 Info
  • Unit Furnished 4: Unfurnished
  • Unit Monthly Rent 4: $1,538
  • Unit Number Of Bath 4: 1.0
  • Unit Number Of Bed 4: 2.0
  • Unit Projected Total Monthly Rent 4: $2,400
  • Unit Total Monthly Rent 4: $1,538
  • Unit Type 4: 1.0
    Unit 5 Info
  • Unit Furnished 5: Partially
    Unit 6 Info
  • Unit Furnished 6: Partially
    Unit 7 Info
  • Unit Furnished 7: Partially
    Unit 8 Info
  • Unit Furnished 8: Partially
    Unit 9 Info
  • Unit Furnished 9: Partially
    Unit 10 Info
  • Unit Furnished 10: Partially
    Unit 11 Info
  • Unit Furnished 11: Partially
    Unit 12 Info
  • Unit Furnished 12: Partially
    Unit 13 Info
  • Unit Furnished 13: Partially

Property History for 1473 East 23rd Street

DateEvent & SourcePriceAppreciation
Jun 14, 2019Listed (Active)

CARETS #19478114

$800,000
Jun 20, 2001Sold (Public Records)

Public Record #73591205

$175,000
DateEvent & SourcePrice
06/14/2019
Listed (Active)

CARETS #19478114

$800,000
06/20/2001
Sold (Public Records)

Public Record #73591205

$175,000

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

Public Records

Taxable ValueLand$112,561Additions$119,180Total$231,741
Tax Record2018$3,157
Home Facts
Beds6Finished Sq.Ft.3,098 SqFtLot Size5,662 SqFtStyleQuadraplexYear Built1904ZoningLARD2CountyLOS ANGELESAPN5119026021

Schools in Los Angeles, CA

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Dr. Julian Nava Learning Academies-School Of Business And TechnologyPublic6-80.2 mi
2
Synergy Kinetic AcademyCharter6-80.2 mi
5
Twentieth Street Elementary SchoolPublicK-50.3 mi
5
Animo Ralph Bunche High SchoolCharter9-120.5 mi
4

Dr. Julian Nava Learning Academies-School Of Business And Technology

6-8, 0.2 mi, Public

2

Synergy Kinetic Academy

6-8, 0.2 mi, Charter

5

Twentieth Street Elementary School

K-5, 0.3 mi, Public

5

Animo Ralph Bunche High School

9-12, 0.5 mi, Charter

4

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.

Downtown Los Angeles
A sprawling neighborhood that comprises a diverse range of districts, LA’s downtown has experienced a recent revitalization.
All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.
Listing Courtesy of BRC Advisors- BH, Davis Saadian, BRE #01921748
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