1619 Cimarron Street

Los Angeles, CA 90019

$1,375,000
Price
4
Beds
4
Baths
4,164 Sq. Ft.
$330 / Sq. Ft.
4,164
Sq. Ft.
$330
per Sq. Ft.

Description

Welcome to this exceptional investment opportunity in the heart of Arlington Heights. With the area's thriving rental market, this charming 4-plex boasts four 1-bedroom, 1-bathroom units, each spanning approximately 1000 square feet. Each expansive unit is equipped with hardwood or laminate wood floors throughout and laundry hookups for added convenience. Two of the units have been tastefully renovated within the past decade, while the remaining units are in need of updates. Situated on a pride of...Welcome to this exceptional investment opportunity in the heart of Arlington Heights. With the area's thriving rental market, this charming 4-plex boasts four 1-bedroom, 1-bathroom units, each spanning approximately 1000 square feet. Each expansive unit is equipped with hardwood or laminate wood floors throughout and laundry hookups for added convenience. Two of the units have been tastefully renovated within the past decade, while the remaining units are in need of updates. Situated on a pride of ownership street, this property is ideally located close to public transportation and a variety of restaurants, making it a highly desirable rental location. Please do not disturb tenants
  1. Listed by Anna Marie Simpliciano • DRE #01830871 • Brokerage DRE #01013548 • Carolwood Estates

Property Details for 1619 Cimarron Street

Zoning
LAR2
Style
Georgian
Parcel Number
5073021016
Total Units
4.0
Living Area
4164
Source Living Area
Vendor Enhanced
Area
Mid Los Angeles (C16)
Vacancy Rate
1

Location

Listing Courtesy of Carolwood Estates, Anna Marie Simpliciano, DRE #01830871
Add your commute
LISTING UPDATED: 02/22/2024 02:49 PM

Property Details for 1619 Cimarron Street

StatusActive
MLS #24-352075
Days on Market95
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1920
Lot Size0.11 AC / 4,684 SF
CountyLos Angeles County

Location

Listing Courtesy of Carolwood Estates, Anna Marie Simpliciano, DRE #01830871
Add your commute

Building Information for 1619 Cimarron Street

Stories-Residences-Year Built1920Building Size-Lot Size0.11 AC / 4,684 SF

Payment Calculator

$8,279 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,504

Property Taxes

$775

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1619 Cimarron Street

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: 1 + 1
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $70,800
  • Net Operating Income: $50,975.00
  • Gross Income: $70,800
  • Cap Rate: 3.50%
  • Gross Rent Multiplier: $20.48
  • Total Annual Expense: 19825
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1075
  • Lot Size Square Feet: 4684
Parking Details
Parking Details
  • Parking Garage: None
  • Total Parking: 0
  • Parking Features: None
Interior Features
Interior Features
  • Room Type: Living Room
  • Rooms: Dining Area, Living Room
  • Levels: Two
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Built-Ins, Garbage Disposal
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 01-26-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,415.00
  • Unit Actual Rent: $1,415.00
  • Unit Projected Rent: $2,100.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,895.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,100.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,494.00
  • Unit Actual Rent: $1,494.00
  • Unit Projected Rent: $2,100.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,365.00
  • Unit Actual Rent: $1,365.00
  • Unit Projected Rent: $2,100.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $183,114.00
  • Assessed Improvement Percent: 25.09
  • Assessed Land Value: $546,628.00
  • Assessed Land Percent: 74.91
  • Assessed Total Value: $729,742.00

Property History for 1619 Cimarron Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1619 Cimarron Street

Taxable ValueLand$546,628Additions$183,114Total$729,742
Tax Record2023$9,301 ($775 / month)
Home Facts
Total Finished SqFt4,164 SqFtAbove Grade Finished SqFt4,164 SqFtLot Size4,684 SqFtStyleQuadraplexYear Built1920ZoningLAR2CountyLOS ANGELESAPN5073-021-016

Schools near 1619 Cimarron Street

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 - 6 to 8
Rating
School
Distance
Pio Pico Middle School
Public6 to 8

Los Angeles Senior High School
Public9 to 12

Global Education Academy Middle School
Charter6 to 8

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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1619 Cimarron Street is a multi-family home for sale in Los Angeles, CA 90019. This property was listed for sale on January 26, 2024 by Carolwood Estates, it's currently listed at $1,375,000. It has been on the market for a total of 95 days and was last sold on April 29, 2004. This listing's school district is Los Angeles Unified School District. Nearby schools include Carson-Gore Academy Of Enviornmental Studies, Pio Pico Middle School and Los Angeles Senior High School. 1619 Cimarron Street is a 4-bed, 4-bath, 4,164 sqft multi-family home built in 1920.

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 Carolwood Estates, Anna Marie Simpliciano, DRE #01830871

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.