1716 West 45th Street

Los Angeles, CA 90062

$1,549,900
Price
9
Beds
6
Baths
5,464 Sq. Ft.
$284 / Sq. Ft.
5,464
Sq. Ft.
$284
per Sq. Ft.

Description

Great Income Unit. Two Story 4 plex comprised of LARGE 1+1 and a detached 3Bedroom House (City records show 2bed). Very well maintained building. Excellent for investment. TOC area Tier3. Buyer cooperates with seller's 1031 exchange.

Property Details for 1716 West 45th Street

Water Front
None
Zoning
LAR2
Style
Contemporary Mediterranean
Year Built Numeric
1915

Location

Listing Courtesy of Dream Realty Asset Mgt, Inc., Koeun Hwang, DRE #01718399; Urban Realty and Management, Inc., Chang Soo Lee, DRE #01915374

Property Details for 1716 West 45th Street

StatusWithdrawn / Cancelled
MLS #21-679146
Days on Market35
Taxes-
HOA Fees-
Condo/Co-op Fees$1,200
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1915
Lot Size0.14 AC / 6,305 SF
CountyLos Angeles County

Listing Agent

Koeun Hwang

Koeun Hwang

Dream Realty Asset Mgt, Inc.

5909908@gmail.com

P: 213.590.9908

M: 213.590.9908

DRE #01718399

Contact Agent(s)

Building Information for 1716 West 45th Street

Stories2Residences-Year Built1915Building Size-Lot Size0.14 AC / 6,305 SF

Payment Calculator

$6,394 per month

30 year fixed, 2.95% Interest

Principal and Interest

$5,194

Property Taxes

HOA Dues

$1,200

Similar Homes

Property Information for 1716 West 45th Street

Summary
    Location and General Information
  • Direction Faces: North
  • Directions: West of Western and South of Vernon
  • Year Built Source: Assessor
  • View Description: None
  • View: No
  • City: Los Angeles
  • Zip Code: 90062
  • County Or Parish: Los Angeles
  • Street Number Numeric: 1716
  • Street Direction Prefix: W
  • Street Name: 45TH
  • State: CA
    Parking
  • Parking Garage: Gated
  • Open Other Spaces Total: 5
  • Total Parking: 5
    Taxes and HOA Information
  • Tax Expense: $19,363
  • Tax Mello Roos: No
Property
    Property and Assessments
  • Assessed Improvement Value: $270,229.00
  • Assessed Land Value: $360,309.00
  • Assessor Parcel Number: 5016-006-006
  • Building Permit: Yes
  • Disclosures: As Is
  • Property Condition: Updated/Remodeled
  • Probate: No
  • Source Living Area: Assessor
  • Source Lot Size Area: Vendor Enhanced
  • Number Of Photos: 34
    Lot Information
  • Area: Park Hills Heights (PHHT)
  • Other Structures: None
  • Service Level: Full Service
  • Living Area: 5464
  • Lot Size Area: 6305
    Utilities
  • Laundry: None
  • Water: Public
Interior and Exterior Features
    Exterior Features
  • Number Range: 5
  • Number Water Meters: 1
  • Security Features: Carbon Monoxide Detector(s)
    Interior Features
  • Number Refrigerator: 5
  • Baths Total: 6.0
  • Common Walls: Attached
  • Cooking Appliances: Cooktop - Gas
  • Cooling: None
  • Equipment: Range/Oven, Refrigerator
  • Flooring: Laminate
  • Heating: Wall Furnace
  • Number of Disposal: 5
  • Number of Electric Meters: 5
  • Number of Gas Meters: 5
  • Number Of Stories: 2
  • Beds Total: 7
Multi Family
    Income & Expenses Information
  • Scheduled Actual: Actual
  • Electric Expense: $1,800.00
  • Expense Pest: $500.00
  • Financing: Cash To New Loan
  • Actual Gross Annual Income: $121,320
  • Gardener Expense: $960
  • Gas Expense: $240
  • Gross Income: $121,320
  • Gross Operating Income: $121,320
  • Insurance Expense: $3,000
  • Net Operating Income: $91,257.00
  • Total Annual Expense: 30063
  • Water Expense: $3,000.00
    Unit Information
  • Type Of Units: 5 Units
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
    Unit 1 Information
  • Unit Beds1: 1
  • Unit Baths1: 1
  • Unit Projected Rent1: $1,790.00
  • Unit Actual Rent1: $1,750.00
  • Unit Furnished1: No
  • Like Units1: 1
  • Unit Rent1: $1,750.00
    Unit 2 Information
  • Unit Projected Rent2: $1,990.00
  • Unit Furnished2: No
  • Like Units2: 2
  • Unit Rent2: $1,800.00
  • Unit Beds2: 2
  • Unit Baths2: 1
  • Unit Actual Rent2: $1,800.00
    Unit 3 Information
  • Unit Beds3: 2
  • Unit Baths3: 1
  • Unit Actual Rent3: $1,800.00
  • Like Units3: 3
  • Unit Projected Rent3: $1,990.00
  • Unit Rent3: $1,800.00
  • Unit Furnished3: No
    Unit 4 Information
  • Unit Beds4: 1
  • Unit Baths4: 1
  • Like Units4: 4
  • Unit Actual Rent4: $1,560.00
  • Unit Projected Rent4: $1,790.00
  • Unit Rent4: $1,560.00
  • Unit Furnished4: No
    Unit 5 Information
  • Unit Beds5: 3
  • Unit Baths5: 2
  • Like Units5: 5
  • Unit Projected Rent5: $3,500.00
  • Unit Actual Rent5: $3,200.00
  • Unit Rent5: $3,200.00
  • Unit Furnished5: Yes
Rental
    Rental Information
  • Vacancy Rate: 0
  • Gross Rent Multiplier: $14.00
  • Actual Annual Gross Rent: $121,320.00
  • Actual Rent Total: $112,344.00
  • Number Leased: 5
  • Number Of Buildings: 2
  • Number Of Units: 5
  • Occupant Type: Tenant
  • Rent Control: 100
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity, Trash Collection, Insurance

Property History for 1716 W 45th St

DateEvent & SourcePriceAppreciation
Feb 15, 2021

Withdrawn / Cancelled

CRMLS #21679146

Feb 15, 2021

Withdrawn / Cancelled

CLAW #21-679146

Jan 12, 2021

Listed (Active)

CRMLS #21679146

$1,549,900
DateEvent & SourcePrice
02/15/2021

Withdrawn / Cancelled

CRMLS #21679146

02/15/2021

Withdrawn / Cancelled

CLAW #21-679146

01/12/2021

Listed (Active)

CRMLS #21679146

$1,549,900

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

Schools near 1716 West 45th Street


SchoolTypeGradesDistanceRating
Barack Obama Global Preparation AcademyPublic6-80.1 mi
2
Little Citizens Westside AcademyPrivate3-120.2 mi
NR
La's Promise Charter Middle #1Charter6-80.3 mi
2
Leon Garr Learning InstitutePrivateK-50.4 mi
NR

Barack Obama Global Preparation Academy

6-8, 0.1 mi, Public

2

Little Citizens Westside Academy

3-12, 0.2 mi, Private

NR

La's Promise Charter Middle #1

6-8, 0.3 mi, Charter

2

Leon Garr Learning Institute

K-5, 0.4 mi, Private

NR

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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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 Dream Realty Asset Mgt, Inc., Koeun Hwang, DRE #01718399; Urban Realty and Management, Inc., Chang Soo Lee, DRE #01915374

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, 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, 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.