2015 Pennsylvania Avenue

Los Angeles, CA 90033

$1,600,000
Price
11
Beds
7
Baths
4,522 Sq. Ft.
$354 / Sq. Ft.
4,522
Sq. Ft.
$354
per Sq. Ft.

Description

An opportunity of a lifetime to own an Income property in this 241-year-old historical Los Angeles community.7 units all separate like small bungalows 2 are 2 bedrooms 1 bath each. 4 are 1 bedroom 1 bath each 1 is a house 3-bedroom 1 bath, Easy accesses to major freeway's such as the 5 and 10 and 101. Boyle Heights mix of history and trendy coffee shops, Restaurants, art and music creates a high demand for renter's desire to live with the community being 75% of residence are renters.An opportunity of a lifetime to own an Income property in this 241-year-old historical Los Angeles community.7 units all separate like small bungalows 2 are 2 bedrooms 1 bath each. 4 are 1 bedroom 1 bath each 1 is a house 3-bedroom 1 bath, Easy accesses to major freeway's such as the 5 and 10 and 101. Boyle Heights mix of history and trendy coffee shops, Restaurants, art and music creates a high demand for renter's desire to live with the community being 75% of residence are renters.
  1. Listed by Amparo Gastelum • DRE #01701696 • Brokerage DRE #01701696 • Max Real Estate • realtoramparo@hotmail.com

Property Details for 2015 Pennsylvania Avenue

Parking Spaces Total
0
Private Pool
No
Total Units
7.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
4522
Assessor Parcel Number
5183-007-025
Property Attached YN
false

Location

Listing Courtesy of Max Real Estate, Amparo Gastelum, DRE #01701696
Add your commute
LISTING UPDATED: 03/07/2024 07:45 AM

Property Details for 2015 Pennsylvania Avenue

StatusActive
MLS #DW24046995
Days on Market56
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1922
Lot Size0.20 AC / 8,891 SF
CountyLos Angeles County

Location

Listing Courtesy of Max Real Estate, Amparo Gastelum, DRE #01701696
Add your commute

Building Information for 2015 Pennsylvania Avenue

Stories1Residences-Year Built1922Building Size-Lot Size0.20 AC / 8,891 SF

Payment Calculator

$10,151 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,732

Property Taxes

$1,419

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2015 Pennsylvania Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $93,410
  • Gross Scheduled Income: $93,410
  • Net Operating Income: $93,410
Expense Details
  • Operating Expense: $48,396
  • Insurance Expense: $32,280
  • Professional Management Expense: $0
  • Trash Expense: $6,000
  • Water Sewer Expense: $10,000
  • Total Expenses: $32,280
Tax / Assessment Info
  • Tax Block: 60
  • Tax Tract Number: 0
  • Tax Lot: 7
Community / Development
Community / Development
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: floor
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 6-10 Units/Acre
  • Number Of Units: 7
  • Land Lease: No
  • Land Lease Type: Fee
  • 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: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,768
  • Unit Type Total Rent: $1,768
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,448
  • Unit Type Total Rent: $1,448
  • 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: $1,003
  • Unit Type Total Rent: $1,003
  • Unit Type Pro Forma: 1800
  • 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: $1,114
  • Unit Type Total Rent: $1,114
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 4
Unit 5
  • 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: $891
  • Unit Type Total Rent: $891
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 5
Unit 6
  • 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: $1,355
  • Unit Type Total Rent: $1,355
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 6
Unit 7
  • 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: $1,560
  • Unit Type Total Rent: $1,560
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 7
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 7
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1

Property History for 2015 Pennsylvania 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 2015 Pennsylvania Avenue

Taxable ValueLand$622,200Additions$703,800Total$1,326,000
Tax Record2023$17,023 ($1,419 / month)
Home Facts
Total Finished SqFt4,522 SqFtAbove Grade Finished SqFt4,522 SqFtLot Size8,889 SqFtStyleMulti-Family Res (5+ Units)Year Built1922ZoningLARD1.5CountyLOS ANGELESAPN5183-007-025

Schools near 2015 Pennsylvania Avenue

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

Extera Public Schools
CharterK to 8

Theodore Roosevelt Senior High
Public9 to 12

Felicitas And Gonzalo Mendez High
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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2015 Pennsylvania Avenue is a mixed use property for sale in Los Angeles, CA 90033. This property was listed for sale on March 7, 2024 by Max Real Estate, it's currently listed at $1,600,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Second Street Elementary School, Extera Public Schools and Theodore Roosevelt Senior High. 2015 Pennsylvania Avenue is a 11-bed, 7-bath, 4,522 sqft mixed use property built in 1922.

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 Max Real Estate, Amparo Gastelum, DRE #01701696

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.