2593 Amherst Avenue

Los Angeles, CA 90064

$1,499,999
Price
4
Beds
4
Baths
2,563 Sq. Ft.
$585 / Sq. Ft.
2,563
Sq. Ft.
$585
per Sq. Ft.

Description

Welcome to 2593 Amherst, a lucrative 4 Plex apartment building ideally situated in the heart of West Los Angeles, just a stone's throw away from Santa Monica and the sun-kissed coast. This prime location on the corner of OceanPark Blvd and Amherst ensures convenience and accessibility. Hop on the bike path and you are minutes away straight to the beach. Residents will delight in the communal outdoor area, perfect for enjoying the California sunshine and fostering community connections. Each unit...Welcome to 2593 Amherst, a lucrative 4 Plex apartment building ideally situated in the heart of West Los Angeles, just a stone's throw away from Santa Monica and the sun-kissed coast. This prime location on the corner of OceanPark Blvd and Amherst ensures convenience and accessibility. Hop on the bike path and you are minutes away straight to the beach. Residents will delight in the communal outdoor area, perfect for enjoying the California sunshine and fostering community connections. Each unit boasts coveted garage parking, with one garage space currently occupied and three garage spaces awaiting new tenants or owner occupancy. Additionally, two of the units present a remarkable opportunity for upside potential. Currently two units feature numerous upgrades and are currently rented at market rates, providing immediate returns for savvy investors or homeowners looking to offset expenses. The property showcases a newer roof, approximately 2-3 years old, ensuring long-term durability and peace of mind. Recent termite work clearance further underscores the property's commitment to maintenance and quality. Inside, three units are equipped with window air conditioning, offering comfort during warmer seasons. Meanwhile, the two upgraded units stand out with their brand-new remodels, boasting custom designer kitchens, sleek stone countertops, stainless steel appliances, and modern bathroom fixtures. Fresh hardwood flooring, newer dual-paned windows, and convenient wall heaters enhance the living experience, while community laundry facilities adjacent to the units add to the convenience. Possible ability to add ADU's in the garage spaces. With its quiet and bright ambiance, 2593 Amherst exudes pride of ownership and presents an exceptional opportunity for investors and homeowners alike. Don't miss the chance to capitalize on the potential of this remarkable property and the vibrant lifestyle it offers in one of Los Angeles's most sought-after neighborhoods!
  1. Listed by Alex 'Zan' Sacker • DRE #01279796 • Brokerage DRE #01854200 • KW Advisors

Property Details for 2593 Amherst Avenue

Zoning
LARD1.5
Parcel Number
4257023079
Total Units
4.0
Living Area
2563
Source Living Area
Vendor Enhanced
Area
West Los Angeles (WLA)
Vacancy Rate
0
Lot Size Area
6422

Location

Listing Courtesy of KW Advisors, Alex 'Zan' Sacker, DRE #01279796
Add your commute
LISTING UPDATED: 03/13/2024 12:01 AM

Property Details for 2593 Amherst Avenue

StatusActive
MLS #24-365193
Days on Market57
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1941
Lot Size0.15 AC / 6,422 SF
CountyLos Angeles County

Location

Listing Courtesy of KW Advisors, Alex 'Zan' Sacker, DRE #01279796
Add your commute

Building Information for 2593 Amherst Avenue

Stories1Residences-Year Built1941Building Size-Lot Size0.15 AC / 6,422 SF

Payment Calculator

$8,347 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,186

Property Taxes

$161

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2593 Amherst Avenue

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 1
  • Type Of Units: Singles
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash To New Loan
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $6,000
  • Net Operating Income: $6,000.00
  • Gross Income: $6,582
  • Gross Rent Multiplier: $18.90
  • Owner Pays: Water
  • Total Annual Expense: 582
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1474
  • Lot Size Square Feet: 6422
Parking Details
Parking Details
  • Parking Garage: Garage - 4+ Car
  • Total Parking: 4
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: Window Unit(s)
  • Heating: Wall Furnace, Floor Furnace
  • Heating Type: Wall, Floor Furnace
  • Flooring: Hardwood
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 03-05-2024
  • Listing Terms: Cash, Cash To New Loan
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,203.00
  • Unit Actual Rent: $1,203.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,000.00
  • Unit Actual Rent: $2,000.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,479.00
  • Unit Actual Rent: $1,479.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,900.00
  • Unit Actual Rent: $1,900.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $56,764.00
  • Assessed Improvement Percent: 50.74
  • Assessed Land Value: $55,114.00
  • Assessed Land Percent: 49.26
  • Assessed Total Value: $111,878.00

Property History for 2593 Amherst 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 2593 Amherst Avenue

Taxable ValueLand$55,114Additions$56,764Total$111,878
Tax Record2023$1,932 ($161 / month)
Home Facts
Total Finished SqFt2,563 SqFtAbove Grade Finished SqFt2,563 SqFtLot Size6,424 SqFtStyleQuadraplexYear Built1941ZoningLARD1.5CountyLOS ANGELESAPN4257-023-079

Schools near 2593 Amherst Avenue

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

Daniel Webster Middle School
Public6 to 8

University Senior High School Charter
Charter9 to 12

Richland Avenue Elementary School
PublicK 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

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2593 Amherst Avenue is a multi-family home for sale in Los Angeles, CA 90064. This property was listed for sale on March 5, 2024 by KW Advisors, it's currently listed at $1,499,999. This listing's school district is Los Angeles Unified School District. Nearby schools include Nora Sterry Elementary School, Daniel Webster Middle School and University Senior High School Charter. 2593 Amherst Avenue is a 4-bed, 4-bath, 2,563 sqft multi-family home built in 1941.

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 KW Advisors, Alex 'Zan' Sacker, DRE #01279796

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.