198 South Commonwealth Avenue
198 South Commonwealth Avenue
Description
- Listed by Paul Barbosa • DRE #01435896 • Brokerage DRE #01252271 • Century 21 Hollywood
Property Details for 198 South Commonwealth Avenue
Location
Property Details for 198 South Commonwealth Avenue
| Status | Active |
|---|---|
| MLS # | 23-339917 |
| Days on Market | 139 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1924 |
| Lot Size | 0.17 AC / 7,438 SF |
| County | Los Angeles County |
Location
Building Information for 198 South Commonwealth Avenue
Payment Calculator
$17,437 per month
30 year fixed, 7.25% Interest
$16,372
$1,065
$0
Property Information for 198 South Commonwealth Avenue
- Tax Mello Roos: No
- Number Of Units: 8
- Senior Community: No
- Year Built Source: Vendor Enhanced
- Number Of Stories: 2
- Number Of Buildings: 1
- Type Of Units: Apartment
- View: No
- View Description: None
- View: None
- Entry Floor Number: 1
- Security Features: None
- Direction Faces: West
- Property Condition: Updated/Remodeled
- Sewer: In Street
- Water Heaters: Yes
- Additions Alterations: No
- Water Heater Features: Water Heater Unit
- Financing: Private, Cash, Cash To New Loan
- Disclosures: Rent Control
- Listing Type: Exclusive Agency
- Service Level: Full Service
- Scheduled Actual: Actual
- Gross Operating Income: $179,034
- Net Operating Income: $116,372.65
- Gross Income: $184,572
- Cap Rate: 3.88%
- Gross Rent Multiplier: $16.65
- Actual Annual Gross Rent: $184,172.40
- Laundry Income: $400
- Financial Info as Of: 12/13/2023
- Vacancy Allow Percent: 5.00%
- Owner Pays: Water, Gardener
- Total Annual Expense: 68921
- Land Lease Type: Fee
- Land Lease: No
- Additional Parcel Number: No
- Alley: No
- Lot Acreage: 0.1708
- Lot Size Square Feet: 7438
- Lot Location: Corner Lot
- Parking Garage: None
- Total Parking: 0
- Covered Parking: 0
- Parking Features: None
- Levels: Two
- Cooling: Wall/Window Unit(s)
- Cooling Type: Wall/Window, Ceiling Fan, Other
- Heating: Wall Furnace
- Heating Type: Wall, Other
- Flooring: Hardwood, Mixed, Tile
- Equipment: None
- Common Walls: Attached
- Sprinklers: Sprinkler System
- New Construction: No
- Other Structures: None
- Entry Date: 12-14-2023
- Listing Terms: Conventional, Cash, Cash To New Loan
- Rent Control: Yes
- Tenant Pays: Cable TV, Electricity, Gas
- Unit Beds: 1
- Unit Baths: 1
- Unit Furnished: No
- Unit Rent: $1,726.00
- Unit Actual Rent: $6,906.40
- Unit Projected Rent: $8,800.00
- Like Units: 4
- Unit Beds: 2
- Unit Baths: 1
- Unit Furnished: No
- Unit Rent: $2,110.40
- Unit Actual Rent: $8,441.70
- Unit Projected Rent: $11,200.00
- Like Units: 4
- Unit Type Type: 2106, 2107
- Number of Electric Meters: 8
- Number of Gas Meters: 8
- Number Leased: 0
- Number Patio: 0
- Number Range: 8
- Number Refrigerator: 8
- Number Wall AC: 2
- Assessed Improvement Value: $522,027.00
- Assessed Improvement Percent: 55.56
- Assessed Land Value: $417,619.00
- Assessed Land Percent: 44.44
- Assessed Total Value: $939,646.00
- Private Transfer Taxes: No
Property History for 198 South Commonwealth Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 198 South Commonwealth Avenue
Schools near 198 South Commonwealth 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 |
|---|---|---|
Commonwealth Avenue Elementary School PublicK to 5 | ||
Virgil Middle School Public6 to 8 | ||
Contreras Learning Center-School Of Social Justice Public9 to 12 | ||
Academic Leadership Community 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 Century 21 Hollywood, Paul Barbosa, DRE #01435896
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.