1716 Locust Avenue
1716 Locust Avenue
Description
- Listed by John McCann • DRE #01963932 • Brokerage DRE #01399621 • Lyon Stahl Investment Real Estate, Inc.
Property Details for 1716 Locust Avenue
Location
Property Details for 1716 Locust Avenue
| Status | Active |
|---|---|
| MLS # | 24-371337 |
| Days on Market | 41 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1963 |
| Lot Size | 0.14 AC / 6,146 SF |
| County | Los Angeles County |
Location
Building Information for 1716 Locust Avenue
Payment Calculator
$11,046 per month
30 year fixed, 7.25% Interest
$9,823
$1,223
$0
Property Information for 1716 Locust Avenue
- Number Of Units: 8
- Senior Community: No
- Year Built Source: Vendor Enhanced
- Number Of Stories: 2
- Number Of Buildings: 1
- Type Of Units: Apartments
- Water Heaters: Yes
- Probate: No
- Financing: Conventional
- Disclosures: As Is
- Listing Type: Exclusive Agency
- Service Level: Full Service
- Scheduled Actual: Actual
- Gross Operating Income: $161,912
- Net Operating Income: $109,175.00
- Gross Income: $166,920
- Cap Rate: 6.07%
- Gross Rent Multiplier: $10.78
- Financial Info as Of: 03/21/2024
- Vacancy Allow Percent: 3.00%
- Owner Pays: Water
- Total Annual Expense: 52737
- Lot Acreage: 0.1411
- Lot Size Square Feet: 6146
- Parking Garage: Private
- Total Parking: 6
- Parking Features: Private
- Levels: Two
- Cooling: None
- Cooling Type: None
- Heating: Wall Furnace
- Heating Type: Wall
- Equipment: None
- Common Walls: Attached
- New Construction: No
- Other Structures: None
- Entry Date: 03-21-2024
- Unit Beds: 1
- Unit Baths: 1
- Unit Furnished: No
- Unit Rent: $1,605.00
- Unit Actual Rent: $3,210.00
- Unit Projected Rent: $3,600.00
- Like Units: 2
- Unit Beds: 2
- Unit Baths: 1
- Unit Furnished: No
- Unit Rent: $1,783.00
- Unit Actual Rent: $10,700.00
- Unit Projected Rent: $12,600.00
- Like Units: 6
- Unit Type Type: 2106, 2107
- Assessed Improvement Value: $716,208.00
- Assessed Improvement Percent: 67.39
- Assessed Land Value: $346,551.00
- Assessed Land Percent: 32.61
- Assessed Total Value: $1,062,759.00
Property History for 1716 Locust 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 1716 Locust Avenue
Schools near 1716 Locust Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Roosevelt Elementary School PublicK to 5 | ||
Washington Middle School Public6 to 8 | ||
Polytechnic High School Public9 to 12 | ||
Educational Partnership 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.
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Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., John McCann, DRE #01963932
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.