1947 Vista Del Mar Avenue

Los Angeles, CA 90068

$4,300,000
Price
9
Beds
20
Baths
8,242 Sq. Ft.
$522 / Sq. Ft.
8,242
Sq. Ft.
$522
per Sq. Ft.

Description

LAJOMA PROPERTIES is proud to present this beautiful, new construction 4-Unit townhome style property in the HEART of Hollywood just minutes away from Netflix studios, Paramount Studios, and Netflix Corporate office. Walking distance away from the world-famous Hollywood and Sunset Blvd, the property offers close proximity to neighborhood attractions, restaurants, bars, and shops such as the Hollywood Walk of Fame, Highlight Room, TAO, Bar-Lis, Dream Hotel, Thompson Hotel, Magic Castle, Yamashiro...LAJOMA PROPERTIES is proud to present this beautiful, new construction 4-Unit townhome style property in the HEART of Hollywood just minutes away from Netflix studios, Paramount Studios, and Netflix Corporate office. Walking distance away from the world-famous Hollywood and Sunset Blvd, the property offers close proximity to neighborhood attractions, restaurants, bars, and shops such as the Hollywood Walk of Fame, Highlight Room, TAO, Bar-Lis, Dream Hotel, Thompson Hotel, Magic Castle, Yamashiro Restaurant, and easy access to Runyan Canyon Hiking Trail, The Hollywood Bowl, Lake Hollywood Park, and Griffith Park, this neighborhood is one for the books. Hollywood is one of the most coveted multifamily submarkets in Los Angeles and a top travel destination attracting those in entertainment, fashion, and entrepreneurship. This neighborhood boasts significant landmarks as well as breathtaking views and easy access to freeways allowing for dynamic mobility. Transit options make it convenient for residents to commute throughout the city and to nearby neighborhoods such as Los Feliz, West Hollywood, Beverly Hills, etc.. This property contains two 3-story duplexes with the front duplex boasting 4 bed/4.5 bath per unit and the larger rear duplex containing 5 bed/5 bath per unit with attached garage access. These units contain open floor plans, multiple master bedrooms in all units, walk-in closets, high ceilings, custom window shades. There are also beautiful quartz countertops in the kitchens and bathrooms with custom decorative backsplash throughout each. Some other features include stainless steel appliances, custom kitchen cabinets, two-toned interior painting, HVAC systems, low voltage led recessed lighting, laundry rooms with washer/dryer, drought tolerant landscaping, automatic fire sprinkler system throughout all units. Rear duplex has four 2-car garages attached with alley access, plenty of parking with decorative pavers throughout the property. All units are individually metered for water, gas, and electricity. Tenants pay all utilities keeping costs low for an investor! The property includes solar panels that are owned and fully paid off by the developer. Overall, this is a very low maintenance property that is well secured with a coded gate entry and security cameras.
  1. Listed by Joshua Vivanco • DRE #02199160 • Brokerage DRE #01947193 • Keller Williams - Downtown LA • 562-299-7934

Property Details for 1947 Vista Del Mar Avenue

View
City Lights, Neighborhood
Parking Spaces Total
4
Private Pool
No
Cooling Type
Central Forced Air, Heat Pump(s)
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
8242

Location

Listing Courtesy of Keller Williams - Downtown LA, Joshua Vivanco, DRE #02199160
Add your commute
LISTING UPDATED: 03/29/2024 01:28 AM

Property Details for 1947 Vista Del Mar Avenue

StatusActive
MLS #DW24009831
Days on Market94
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2023
Lot Size0.14 AC / 6,223 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams - Downtown LA, Joshua Vivanco, DRE #02199160
Add your commute

Building Information for 1947 Vista Del Mar Avenue

Stories3Residences-Year Built2023Building Size-Lot Size0.14 AC / 6,223 SF

Payment Calculator

$25,155 per month

30 year fixed, 7.25% Interest

Principal and Interest

$23,467

Property Taxes

$1,688

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1947 Vista Del Mar Avenue

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $360,000
  • Gross Scheduled Income: $360,000
  • Vacancy Allowance Rate: 3
  • Net Operating Income: $298,646
  • Cap Rate: 8.0
Expense Details
  • Operating Expense: $61,354
  • New Taxes Expense: $51,170
  • Fuel Expense: $0
  • Licenses Expense: $180
  • Electric Expense: $0
  • Insurance Expense: $4,200
  • Maintenance Expense: $3,200
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $61,354
Tax / Assessment Info
  • Tax Tract Number: Ing...
  • Tax Census Tract: 1895.02
  • CFD/Mello-Roos Fee: $459
  • Tax Lot: 20
Community / Development
Community / Development
  • Community Features: Biking, Curbs, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: 6 Burner Stove, Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Disposal, High Efficiency Water Heater, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan
  • Equipment: Dishwasher, Dryer, Dryer Included, Gas Dryer Hookup, In Closet, Microwave, On Upper Level, Refrigerator, Vented Exhaust Fan, Washer, Washer Hookup, Washer Included
  • Interior Features: Recessed Lighting
  • Water Heater Features: Tankless
  • Water Heater Type: Tankless
  • Laundry: Yes
  • Laundry Features: Dryer Included, Gas Dryer Hookup, In Closet, Upper Level, Washer Hookup, Washer Included
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air, ENERGY STAR Qualified Equipment, Heat Pump, High Efficiency
  • Heating Type: Central, ENERGY STAR Qualified Equipment, Heat Pump, High Efficiency
  • Heating: Central, ENERGY STAR Qualified Equipment, Heat Pump, High Efficiency
  • Flooring: Laminate, Vinyl
Exterior Features
  • Window Features: Double Pane Windows
  • Security Features: 24 Hour Security, Closed Circuit Camera(s), Security Lights, Smoke Detector(s)
  • Exterior Features: Lighting, Rain Gutters
  • Entry Location: street
  • Fence: Yes
  • Fence: Wood
  • Fencing: Block, Wood
  • Property Condition: Turnkey
  • View Description: City Lights
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Green Info
  • Walk Score: 83
  • Green Energy Efficient: Appliances, Lighting
Land/Lot Info
  • Lot Features: 2-5 Units/Acre, Near Public Transit, Sprinklers Drip System
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Alley Paved, Paved
  • Road Frontage Type: Alley, City Street
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Electric: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Assigned
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Assigned
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 5
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Pro Forma: 7000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 5
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Pro Forma: 8000
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4

Property History for 1947 Vista Del Mar Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1947 Vista Del Mar Avenue

Taxable ValueLand$918,000Additions$734,400Total$1,652,400
Tax Record2023$20,261 ($1,688 / month)
Home Facts
Total Finished SqFt2,533 SqFtAbove Grade Finished SqFt2,533 SqFtLot Size6,221 SqFtStyleDuplexYear Built1912ZoningLARD1.5CountyLOS ANGELESAPN5586-006-009

Schools near 1947 Vista Del Mar Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Cheremoya Avenue Elementary School
PublicK to 6

Joseph Le Conte Middle School
Public6 to 8

Hollywood Senior High School
Public9 to 12

Selma Avenue Elementary School
PublicK to 5

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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1947 Vista Del Mar Avenue is a multi-family home for sale in Los Angeles, CA 90068. This property was listed for sale on January 24, 2024 by Keller Williams - Downtown LA, it's currently listed at $4,300,000. It has been on the market for a total of 94 days and was last sold on August 30, 2021. This listing's school district is Los Angeles Unified School District. Nearby schools include Cheremoya Avenue Elementary School, Joseph Le Conte Middle School and Hollywood Senior High School. 1947 Vista Del Mar Avenue is a 9-bed, 20-bath, 8,242 sqft multi-family home built in 2023.

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 Keller Williams - Downtown LA, Joshua Vivanco, DRE #02199160

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.