1710 South La Brea Avenue
1710 South La Brea Avenue
Closed 5/11/21
Closed 5/11/21
Description
File your plans the day you close! Develop 8 units by right or 15 units using the TOC. Collect rent and offset your carrying costs at this cash flowing 4 Unit until you're RTI. All apartments are one bedroom, one bathroom units approximately 622 square feet each. The property is currently leased up with two newly renovated market rate apartments and two value add apartments with potential upside. Additionally, there are plans already submitted by the seller to convert...Covered Land Play ~ Dev Site
File your plans the day you close! Develop 8 units by right or 15 units using the TOC. Collect rent and offset your carrying costs at this cash flowing 4 Unit until you're RTI. All apartments are one bedroom, one bathroom units approximately 622 square feet each. The property is currently leased up with two newly renovated market rate apartments and two value add apartments with potential upside. Additionally, there are plans already submitted by the seller to convert the detached 4-car garage into an ADU (5th unit) to maximize your ROI. Centrally-located, this Mid City neighborhood has become the go to for tenants who are priced out of the surrounding neighborhoods ie. Miracle Mile to the north, and Culver City to the west. Take advantage of the upward trajectory and low hurdle to entry before this area becomes the investment opportunity that got away!
Listing Agents
![Jesse Ramos]()
jesse.ramos@compass.comP: 626.840.0706
![Adam Sikorski]()
asikorski@compass.comP: 718.288.2385
Property Details for 1710 South La Brea Avenue
Location
Sold By Maestro Real Estate, Gerardo Martin, DRE #02007095
Property Details for 1710 South La Brea Avenue
| Status | Closed |
|---|---|
| MLS # | P1-3391 |
| Days on Market | 46 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1941 |
| Lot Size | 0.15 AC / 6,523 SF |
| County | Los Angeles County |
Location
Sold By Maestro Real Estate, Gerardo Martin, DRE #02007095
Building Information for 1710 South La Brea Avenue
Payment Calculator
$7,845 per month
30 year fixed, 7.25% Interest
$6,549
$1,296
$0
Property Information for 1710 South La Brea Avenue
- Building Area Total: 2,488.00
- Community Features: Street Lights
- City: Los Angeles
- Country: US
- Directions: Use Navigation
- Area: C16 - Mid Los Angeles
- Postal Code Plus4: 5401
- Unparsed Address: 1710 South La Brea Avenue, Los Angeles, CA 90019
- Parking Features: Garage, Driveway
- Association Fee: $.00
- New Taxes Expense: $9,575.00
- Videos Count: 0
- Additional Parcels: No
- Lot Features: Sprinklers None
- Lot Size Acres: .15
- Lot Size Square Feet: 6,523.00
- Lot Size Area: 6,523.00
- Lot Size Units: Square Feet
- Parcel Number: 5067004025
- Road Frontage Type: City Street
- Zoning: LAR3
- Property Type: Residential Income
- Property Sub Type: Quadruplex
- Common Walls: Detached/No Common Walls
- Documents Count: 3
- New Construction: No
- Property Attached: No
- Property Condition: Updated/Remodeled, Repairs Cosmetic
- Year Built Source: Public Records
- Senior Community: No
- Cooling: See Remarks, Wall/Window Unit(s)
- Cooling: Yes
- Sewer: Public Sewer
- Water Sewer Expense: $3,556.00
- Water Source: Public
- Fencing: None
- Pool Features: None
- Pool Private: No
- Pool: No
- Roof: Shingle
- Security Features: Closed Circuit Camera(s)
- Spa Features: None
- Spa: No
- Stories Total: 2
- Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
- Total Bathrooms: 0
- Fireplace Features: None
- Fireplace: No
- Flooring: Laminate, See Remarks
- Heating: See Remarks, Wall Furnace
- Heating: Yes
- Laundry Features: Inside
- Living Area: 2,488.00
- View: No
- Levels: Two
- Gross Scheduled Income: $69,600.00
- Net Operating Income: $50,132.00
- Electric Expense: $.00
- Insurance Expense: $4,237.00
- Number Of Buildings: 1
- Operating Expense: $19,468.00
- Pest Control Expense: $900.00
- Special Listing Conditions: Standard
- Trash Expense: $.00
- Rent Control: Yes
Property History for 1710 South La Brea Avenue
| 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 1710 South La Brea Avenue
Schools near 1710 South La Brea Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Alta Loma Elementary School PublicK to 5 | ||
Johnnie Cochran, Jr., Middle School Public6 to 8 | ||
Los Angeles Senior High School Public9 to 12 | ||
New Los Angeles Charter 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.
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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, Jesse Ramos, DRE #01930503; COMPASS, Adam Sikorski, DRE #02080987
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.