252 Branch Street

Los Angeles, CA 90042

$2,950,000
Price
13
Beds
7.5
Baths
5,904 Sq. Ft.
$500 / Sq. Ft.
5,904
Sq. Ft.
$500
per Sq. Ft.

Description

Stabilized cash-flow fourplex in Highland Park that generated $182,617 gross in 2022. 2 APNs on a total lot of 12,804 SF corresponding to two duplexes joined by a common driveway. Three dwelling on the lot. 248 Branch APN 5493-001-014 corresponds to two different structures: the front building (248 Branch) is a one-story dwelling with 3 bed / 2 bath currently on the market for lease for $4,195 and a back unit (248 1/2 Branch) comprising of a 4 bed /3 bath currently leased $5,295. The total living...Stabilized cash-flow fourplex in Highland Park that generated $182,617 gross in 2022. 2 APNs on a total lot of 12,804 SF corresponding to two duplexes joined by a common driveway. Three dwelling on the lot. 248 Branch APN 5493-001-014 corresponds to two different structures: the front building (248 Branch) is a one-story dwelling with 3 bed / 2 bath currently on the market for lease for $4,195 and a back unit (248 1/2 Branch) comprising of a 4 bed /3 bath currently leased $5,295. The total living space of those two units is 2,766 SF. 252 Branch Street APN 5493-001-015, the other duplex built in 1912, is structured in one single building divided into a bottom unit and a top unit, that were remodeled in 2019. The bottom unit (252 Branch Street) is 3 bed / 2.5 Bath currently rented for $3,865 and the top unit (252 1/2 Branch Street) is a 3 Bed /1 Bath currently rented out for $3,333. The total living surface of 252 Branch Street is 3,138 SF. The lot of 252 Branch comprises also a front yard area, a two-car garage, and a large backyard that should allow enough space for the building of a third unit/ADU (to be investigated by Buyer no permit requested). The total living space of those two units on 252 Branch is 3,138 SF. Located in Highland Park just North of the popular York Blvd with walking distance to best local restaurants and cafes
  1. Listed by Vincent Bouvier • DRE #02062764 • Brokerage DRE #01883938 • Douglas Elliman

Property Details for 252 Branch Street

Parcel Number
UNAVAILABLE
Total Units
4.0
Living Area
5904
Source Living Area
Owner
Area
Highland Park (632)
Vacancy Rate
0
Lot Size Area
12804
Source Lot Size Area
Owner

Location

Listing Courtesy of Douglas Elliman, Vincent Bouvier, DRE #02062764
Add your commute
LISTING UPDATED: 01/29/2024 08:17 AM

Property Details for 252 Branch Street

StatusActive
MLS #23-326117
Days on Market181
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built-
Lot Size0.29 AC / 12,804 SF
CountyLos Angeles County

Location

Listing Courtesy of Douglas Elliman, Vincent Bouvier, DRE #02062764
Add your commute

Building Information for 252 Branch Street

Stories2Residences-Year Built-Building Size-Lot Size0.29 AC / 12,804 SF

Payment Calculator

$17,533 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,099

Property Taxes

$1,434

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 252 Branch Street

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Number Of Stories: 2
  • Number Of Buildings: 3
  • Type Of Units: Detached
Contract Info
Contract Info
  • Disclosures: Rent Control
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $182,617
  • Net Operating Income: $125,354.00
  • Gross Income: $182,617
  • Cap Rate: 4.25%
  • Gross Rent Multiplier: $16.15
  • Actual Gross Annual Income: $182,617
  • Actual Rent Total: $182,617.00
  • Total Annual Expense: 57263
Land / Lot Info
Land / Lot Info
  • Lot Size Square Feet: 12804
Parking Details
Parking Details
  • Parking Garage: Covered Parking, Driveway
  • Total Parking: 8
  • Covered Parking: 2
  • Open Other Spaces Total: 6
  • Parking Features: Covered, Driveway
Interior Features
Interior Features
  • Levels: One, Two
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Built-Ins, Dishwasher, Washer, Dryer, Range/Oven, Refrigerator
  • Laundry: Washer Included, Dryer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-30-2023
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,195.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 4
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $5,295.00
  • Unit Actual Rent: $5,295.00
  • Unit Projected Rent: $5,295.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $3,865.00
  • Unit Actual Rent: $3,865.00
  • Unit Projected Rent: $3,865.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,333.00
  • Unit Actual Rent: $3,333.00
  • Unit Projected Rent: $3,333.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109

Property History for 252 Branch 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 252 Branch Street

Taxable ValueLand$998,784Additions$416,160Total$1,414,944
Tax Record2023$17,207 ($1,434 / month)
Home Facts
Total Finished SqFt3,138 SqFtAbove Grade Finished SqFt3,138 SqFtLot Size6,402 SqFtStyleDuplexYear Built1912ZoningLARD2CountyLOS ANGELESAPN5493-001-015

Schools near 252 Branch Street

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

Garvanza Elementary School
PublicK to 5

Benjamin Franklin Senior High School
Public6 to 12

Luther Burbank 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.

252 Branch Street is a multi-family home for sale in Los Angeles, CA 90042. This property was listed for sale on October 30, 2023 by Douglas Elliman, it's currently listed at $2,950,000. It has been on the market for a total of 181 days and was last sold on April 11, 2022. This listing's school district is Los Angeles Unified School District. Nearby schools include Yorkdale Elementary School, Garvanza Elementary School and Benjamin Franklin Senior High School. 252 Branch Street is a 13-bed, 7.5-bath, 5,904 sqft multi-family home.

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 Douglas Elliman, Vincent Bouvier, DRE #02062764

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.