4230 Los Feliz Boulevard
4230 Los Feliz Boulevard
$4,500,000
24
16
10,380
10,380
$434
Sold 5/15/20
Description
Comprised of 16 post war units in one of the best locations Los Feliz has to offer, 4230 & 4250 Los Feliz Blvd is a true value-add gem with enormous upside potential. An even mix of 2-bed/1-bath and 1-Bed/1Bath units makes the property perfectly positioned for the affluent millennial renters that are drawn to this enclave by its hip restaurants and trendy boutique shops. The property is made up of two side-by-side lots, each containing an 8-unit, 2-story apartment building. Separate APNs mean there...Comprised of 16 post war units in one of the best locations Los Feliz has to offer, 4230 & 4250 Los Feliz Blvd is a true value-add gem with enormous upside potential. An even mix of 2-bed/1-bath and 1-Bed/1Bath units makes the property perfectly positioned for the affluent millennial renters that are drawn to this enclave by its hip restaurants and trendy boutique shops. The property is made up of two side-by-side lots, each containing an 8-unit, 2-story apartment building. Separate APNs mean there is no need for an on-site manager despite there being a total of 16 units. Most units remain in original condition, although ownership has undertaken 2 recent renovations. There is laundry on site and all units are separately metered for gas and electric. Surface parking is at the rear and accessible via a central driveway. Although the property is ideally suited as a reposition opportunity, the R3 zoning (Tier 2 TOC designation) offers potential future development opportunity as well.
- Listed by Robert Renshaw • DRE #01332831 • Brokerage DRE #01164364 • REMAX COMMERCIAL & INVESTMENT REALTY
Property Details for 4230 Los Feliz Boulevard
Zoning
LAR3
Parcel Number5591002006
Total Units16.0
Living Area10380
Source Living AreaAssessor
AreaLos Feliz (637)
Vacancy Rate19%
Lot Size Area14000
Location
LISTING UPDATED: 05/18/2020 05:36 PM
Property Details for 4230 Los Feliz Boulevard
Status | Sold |
---|---|
MLS # | 20-541038 |
Days on Market | 60 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1948 |
Lot Size | 0.32 AC / 14,000 SF |
County | Los Angeles County |
Location
Building Information for 4230 Los Feliz Boulevard
Stories2Residences-Year Built1948Building Size-Lot Size0.32 AC / 14,000 SF
Payment Calculator
$27,024 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 4230 Los Feliz Boulevard
Public Records for 4230 Los Feliz Boulevard
Taxable ValueLand$1,655,605Additions$711,844Total$2,367,449
Tax Record2023$29,591 ($2,466 / month)
Home Facts
Total Finished SqFt5,190 SqFtAbove Grade Finished SqFt5,190 SqFtLot Size7,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1948ZoningLAR3CountyLOS ANGELESAPN5591-002-006
Schools near 4230 Los Feliz Boulevard
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Franklin Avenue Elementary School PublicK to 6 | ||
Thomas Starr King Middle School Public6 to 8 | ||
John Marshall Senior High School Public9 to 12 | ||
Port Of Los Angeles High School Charter9 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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