2150 West 62nd Street

Los Angeles, CA 90047

$710,000
Price
3
Beds
3
Baths
2,131 Sq. Ft.
$333 / Sq. Ft.
2,131
Sq. Ft.
$333
per Sq. Ft.

Description

Spanish-style triplex is centrally located for easy access to DTLA, SOFI attractions and the 405 Freeway. Walking distance to the Rail to Rail Project's walking and biking paths currently under construction. The paths will connect to the Metro K Line Fairview Heights Station and Metro A Line Slauson Station. Currently collecting $4314 a month in rent. Garage along alley and garage at front is not used by tenants and have ADU potential. Units have a nice floorplan. Don't miss this investment opportunity....Spanish-style triplex is centrally located for easy access to DTLA, SOFI attractions and the 405 Freeway. Walking distance to the Rail to Rail Project's walking and biking paths currently under construction. The paths will connect to the Metro K Line Fairview Heights Station and Metro A Line Slauson Station. Currently collecting $4314 a month in rent. Garage along alley and garage at front is not used by tenants and have ADU potential. Units have a nice floorplan. Don't miss this investment opportunity. Seller is willing to help with closing costs.
  1. Listed by Amalia Ochoa • DRE #01933675 • Brokerage DRE #01886363 • The Proud Crowd Inc.
  2. Listed by Michael Fucci • DRE #01886363 • Brokerage DRE #01886363 • The Proud Crowd Inc.

Property Details for 2150 West 62nd Street

Zoning
LAR1
Style
Spanish
Cross Streets
Van Ness Ave/ W. 62nd St
Parcel Number
6001023009
Total Units
3.0
Living Area
2131
Source Living Area
Vendor Enhanced
Area
Park Hills Heights (PHHT)

Location

Listing Courtesy of The Proud Crowd Inc., Amalia Ochoa, DRE #01933675; The Proud Crowd Inc., Michael Fucci, DRE #01886363
Add your commute
LISTING UPDATED: 04/25/2024 10:11 AM

Property Details for 2150 West 62nd Street

StatusActive
MLS #24-348233
Days on Market104
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1937
Lot Size0.12 AC / 5,242 SF
CountyLos Angeles County

Location

Listing Courtesy of The Proud Crowd Inc., Amalia Ochoa, DRE #01933675; The Proud Crowd Inc., Michael Fucci, DRE #01886363
Add your commute

Building Information for 2150 West 62nd Street

Stories1Residences-Year Built1937Building Size-Lot Size0.12 AC / 5,242 SF

Payment Calculator

$4,191 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,875

Property Taxes

$316

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2150 West 62nd Street

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 1
  • Type Of Units: Triplex
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector
  • Direction Faces: North
  • Water: Public
  • Sewer: In Street
  • Water Heaters: Yes
  • Water Heater Features: Gas
Contract Info
Contract Info
  • Financing: Cash To New Loan, FHA, VA, Conventional
  • Disclosures: As Is, Rent Control
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $51,768
  • Net Operating Income: $42,209.00
  • Gross Income: $51,768
  • Cap Rate: 5.94%
  • Gross Rent Multiplier: $13.71
  • Actual Annual Gross Rent: $51,768.00
  • Actual Gross Annual Income: $51,768
  • Actual Rent Total: $51,768.00
  • Financial Info as Of: 03/06/2024
  • Owner Pays: Water, Gardener
  • Total Annual Expense: 9559
Land / Lot Info
Land / Lot Info
  • Alley: Yes
  • Lot Acreage: 0.1203
  • Lot Size Square Feet: 5242
  • Lot Size Dimensions: 48x110
  • Source Lot Size Dimensions: Vendor Enhanced
  • Lot Features: Lawn, Front Yard
  • Lot Description: Lawn, Front Yard
Parking Details
Parking Details
  • Parking Garage: Driveway, Garage - 1 Car, Garage - 2 Car, Detached
  • Total Parking: 4
  • Open Other Spaces Total: 1
  • Garage Spaces Total: 3
  • Parking Features: Driveway, Garage - Single Door, Garage - Two Door
  • Attached Garage: No
Interior Features
Interior Features
  • Room Type: Living Room
  • Rooms: Living Room, Dining Room
  • Levels: One
  • Den: No
  • Family Room: 0
  • Dining Room: 1
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: None
  • Room Bathroom Features: Low Flow Shower, Low Flow Toilet(s)
  • Bathroom Features: Low Flow Shower(s), Low Flow Toilet(s)
  • Common Walls: Attached
  • Laundry: None
Exterior Features
Exterior Features
  • Roof: Composition
  • New Construction: No
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Foundation Details: Raised
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 01-16-2024
  • Listing Terms: Exchange/Trade, Take Property As Is
  • Rent Control: Yes
  • Rent Control: 100
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,191.00
  • Unit Actual Rent: $1,191.00
  • Unit Projected Rent: $1,850.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,950.00
  • Unit Actual Rent: $1,950.00
  • Unit Projected Rent: $1,950.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,173.00
  • Unit Actual Rent: $1,173.00
  • Unit Projected Rent: $1,850.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
  • Number of Electric Meters: 3
  • Number of Gas Meters: 3
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $121,339.00
  • Assessed Improvement Percent: 42.94
  • Assessed Land Value: $161,214.00
  • Assessed Land Percent: 57.06
  • Assessed Total Value: $282,553.00

Property History for 2150 West 62nd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2150 West 62nd Street

Taxable ValueLand$161,214Additions$121,339Total$282,553
Tax Record2023$3,787 ($316 / month)
Home Facts
Total Finished SqFt2,131 SqFtAbove Grade Finished SqFt2,131 SqFtLot Size5,242 SqFtStyleTriplexYear Built1937ZoningLAR1CountyLOS ANGELESAPN6001-023-009

Schools near 2150 West 62nd Street

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

Alliance Leadership Middle Academy
Charter6 to 8

Learning by Design Charter
CharterK 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.

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.

2150 West 62nd Street is a multi-family home for sale in Los Angeles, CA 90047. This property was listed for sale on January 16, 2024 by The Proud Crowd Inc., it's currently listed at $710,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Fifty-Ninth Street Elementary School, Alliance Leadership Middle Academy and Crenshaw Science, Technology, Engineering, Math And Medicine Magnet. 2150 West 62nd Street is a 3-bed, 3-bath, 2,131 sqft multi-family home built in 1937.

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 The Proud Crowd Inc., Amalia Ochoa, DRE #01933675; The Proud Crowd Inc., Michael Fucci, DRE #01886363

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.