1616 East 4th Street
1616 East 4th Street
Description
- Listed by Cynthia Voss • DRE #00881330 • Brokerage DRE #01363872 • Re/Max R. E. Specialists • 562-884-3930
- Listed by Nathan Walter • DRE #01955448 • Brokerage DRE #01363872 • Re/Max R. E. Specialists
Property Details for 1616 East 4th Street
Location
Property Details for 1616 East 4th Street
| Status | Active |
|---|---|
| MLS # | PW24002716 |
| Days on Market | 115 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1929 |
| County | Los Angeles County |
Location
Building Information for 1616 East 4th Street
Payment Calculator
$11,137 per month
30 year fixed, 7.25% Interest
$10,369
$768
$0
Property Information for 1616 East 4th Street
- Tenant Pays: Electricity, Gas
- Gross Income: $130,380
- Gross Scheduled Income: $130,380
- Gross Spendable Income: $103,623
- Net Operating Income: $103,623
- Gross Multiplier: 14.6
- Cap Rate: 4.27
- Operating Expense: $26,757
- New Taxes Expense: $22,420
- Gardener Expense: $4,200
- Fuel Expense: $400
- Licenses Expense: $889
- Electric Expense: $500
- Insurance Expense: $7,785
- Maintenance Expense: $9,007
- Professional Management Expense: $0
- Other Expense: $300
- Other Expense Description: Legal
- Trash Expense: $300
- Water Sewer Expense: $316
- Supplies Expense: $3,060
- Total Expenses: $49,177
- Tax Tract Number: 2
- Tax Census Tract: 5765.03
- CFD/Mello-Roos Fee: $1,206
- Tax Lot: 3
- Community Features: Biking, Sidewalks, Urban
- Laundry: No
- Laundry Features: None
- Fireplace Features: Living Room, See Remarks
- Fireplace Rooms: Living Room, Other
- Cooling: None
- Heating Type: Wall
- Heating: Wall Furnace
- Flooring: Carpet, Tile, Vinyl, Wood
- Entry Location: front
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Spa Features: None
- Lot Features: 0-1 Unit/Acre
- Number Of Units: 6
- Improvements Amount: $1,083,000.00
- Land Lease: No
- Land Lease Type: Fee
- Land Value: $817,000.00
- Water: Public
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 4
- Parking: Yes
- Parking Garage: Garage
- Parking Garage Spaces: 4
- Carport Spaces: 0
- Parking Features: Covered, Garage
- Builders Tract Name: Alamitos Beach
- Builders Tract Code: Alamitos Beach (AB)
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $2,020
- Unit Type Total Rent: $2,020
- Unit Type Pro Forma: 2400
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,800
- Unit Type Total Rent: $1,800
- Unit Type Pro Forma: 2400
- Unit Type Type: 2
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $2,195
- Unit Type Total Rent: $2,195
- Unit Type Pro Forma: 2400
- Unit Type Type: 3
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,825
- Unit Type Total Rent: $1,825
- Unit Type Pro Forma: 2400
- Unit Type Type: 4
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $1,550
- Unit Type Total Rent: $1,550
- Unit Type Pro Forma: 1600
- Unit Type Type: 5
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $1,475
- Unit Type Total Rent: $1,475
- Unit Type Pro Forma: 1600
- Unit Type Type: 6
- Number Of Units Leased: 6
- Rent Controlled: Yes
- Number Of Buildings: 2
- Number Of Separate Electric Meters: 6
- Number Of Separate Gas Meters: 5
- Number Of Separate Water Meters: 1
- Number With Range: 6
- Number With Refrigerator: 6
Property History for 1616 East 4th Street
| 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 1616 East 4th Street
Schools near 1616 East 4th Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Burbank Elementary School PublicK to 5 | ||
Franklin Classical Middle School Public6 to 8 | ||
Polytechnic High School Public9 to 12 | ||
Clear Passage Educational Center Charter9 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.
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Listing Courtesy of Re/Max R. E. Specialists, Cynthia Voss, DRE #00881330; Re/Max R. E. Specialists, Nathan Walter, DRE #01955448
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.