2012 South La Salle Avenue

Los Angeles, CA 90018

$1,199,000
Price
6
Beds
4
Baths
3,416 Sq. Ft.
$351 / Sq. Ft.
3,416
Sq. Ft.
$351
per Sq. Ft.

Description

Welcome to 2012 S La Salle Ave, an enticing investment nestled in the sought-after West-Adams Heights neighborhood of Los Angeles. This fourplex offers a mix of units, including a 3-bedroom, 1-bathroom unit and three 1-bedroom, 1-bathroom units, spread across two levels on a 7,500 SqFt lot with RD1.5 zoning. With approximately $66,708.00 in gross annual income, this property presents both immediate cash flow and potential for future growth. Each unit has a history of consistent rental income, providing...Welcome to 2012 S La Salle Ave, an enticing investment nestled in the sought-after West-Adams Heights neighborhood of Los Angeles. This fourplex offers a mix of units, including a 3-bedroom, 1-bathroom unit and three 1-bedroom, 1-bathroom units, spread across two levels on a 7,500 SqFt lot with RD1.5 zoning. With approximately $66,708.00 in gross annual income, this property presents both immediate cash flow and potential for future growth. Each unit has a history of consistent rental income, providing a stable foundation for investors to build upon. Conveniently located mere minutes away from USC, Exposition Park, Crypto Arena & LA Live, and downtown LA, this property offers unparalleled access to amenities and attractions, ensuring high tenant demand. Don't let this opportunity slip away. Whether you're a seasoned investor seeking to diversify your portfolio or a first-time buyer looking to enter the lucrative world of real estate investment, 2012 S La Salle Ave has both financial stability and growth potential. Schedule a viewing today and seize the potential of this prime investment opportunity!
  1. Listed by Noah Saha • DRE #02196567 • Brokerage DRE #00745605 • House Of Seven Gables Real Estate Inc.

Property Details for 2012 South La Salle Avenue

Parking Spaces Total
0
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3416
Assessor Parcel Number
5074-029-016
Property Attached YN
true

Location

Listing Courtesy of House Of Seven Gables Real Estate Inc., Noah Saha, DRE #02196567
Add your commute
LISTING UPDATED: 04/12/2024 03:29 AM

Property Details for 2012 South La Salle Avenue

StatusActive
MLS #SR24042553
Days on Market62
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1916
CountyLos Angeles County

Location

Listing Courtesy of House Of Seven Gables Real Estate Inc., Noah Saha, DRE #02196567
Add your commute

Building Information for 2012 South La Salle Avenue

Building/Complex2012 S La Salle AveFloor-Stories2Residences-Pet Policy-Year Built1916Building Size-

Payment Calculator

$7,429 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,543

Property Taxes

$886

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2012 South La Salle Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $66,708
  • Gross Scheduled Income: $66,708
  • Net Operating Income: $60,828
Expense Details
  • Operating Expense: $5,880
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $2,400
  • Trash Expense: $1,500
  • Water Sewer Expense: $1,500
  • Total Expenses: $5,880
Tax / Assessment Info
  • Tax Block: 15
  • Tax Tract Number: 15
  • Tax Census Tract: 2214.02
  • CFD/Mello-Roos Fee: $544
  • Tax Lot: 3
Community / Development
Community / Development
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban
Property / Structure Info
Interior Features
  • Appliances: Gas Oven, Gas Range, Water Heater
  • Equipment: Inside, On Upper Level
  • Interior Features: Ceiling Fan(s), Copper Plumbing Partial, Dry Bar, Pantry, Recessed Lighting, Storage, Tile Counters
  • Laundry: Yes
  • Laundry Features: Inside, Upper Level
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Lot 6500-9999
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,784
  • Unit Type Total Rent: $1,784
  • Unit Type Pro Forma: 3700
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,404
  • Unit Type Total Rent: $1,404
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,263
  • Unit Type Total Rent: $1,263
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,108
  • Unit Type Total Rent: $1,108
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 2012 South La Salle 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 2012 South La Salle Avenue

Taxable ValueLand$755,266Additions$85,371Total$840,637
Tax Record2023$10,627 ($886 / month)
Home Facts
Total Finished SqFt3,416 SqFtAbove Grade Finished SqFt3,416 SqFtLot Size7,500 SqFtStyleQuadraplexYear Built1916ZoningLARD1.5CountyLOS ANGELESAPN5074-029-016

Schools near 2012 South La Salle Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - K to 5
Charter - 5 to 8
Public - 6 to 8
Rating
School
Distance
Twenty-Fourth Street Elementary School
PublicK to 4

Crown Preparatory Academy
Charter5 to 8

Pio Pico Middle School
Public6 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

2012 South La Salle Avenue is a multi-family home for sale in Los Angeles, CA 90018. This property was listed for sale on March 1, 2024 by House Of Seven Gables Real Estate Inc., it's currently listed at $1,199,000. It has been on the market for a total of 62 days and was last sold on August 22, 2005. This listing's school district is Los Angeles Unified School District. Nearby schools include Twenty-Fourth Street Elementary School, Carson-Gore Academy Of Enviornmental Studies and Crown Preparatory Academy. 2012 South La Salle Avenue is a 6-bed, 4-bath, 3,416 sqft multi-family home built in 1916.

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 House Of Seven Gables Real Estate Inc., Noah Saha, DRE #02196567

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.