4520 Willow Brook Avenue

Los Angeles, CA 90029

$2,400,000
Price
12
Beds
12
Baths
7,556 Sq. Ft.
$318 / Sq. Ft.
7,556
Sq. Ft.
$318
per Sq. Ft.

Description

We are proud to present a rare investment opportunity in the highly sought-after East Hollywood submarket of Los Angeles. Comprising (12) twelve well-maintained 1+1 units across (5) five detached buildings, all with upgraded roofs, this gated property sits on approximately 10,779 square feet of land and feature Spanish-style bungalow architecture with a charming center courtyard. Conveniently positioned nearby historic Sunset Blvd, LA City College, and the Santa Monica/Vermont Metro Station, this...We are proud to present a rare investment opportunity in the highly sought-after East Hollywood submarket of Los Angeles. Comprising (12) twelve well-maintained 1+1 units across (5) five detached buildings, all with upgraded roofs, this gated property sits on approximately 10,779 square feet of land and feature Spanish-style bungalow architecture with a charming center courtyard. Conveniently positioned nearby historic Sunset Blvd, LA City College, and the Santa Monica/Vermont Metro Station, this property has a highly desirable location with unmatched potential for only $200K/unit. Residents will enjoy the proximity to Silver Lake and the abundance of retail, dining, and entertainment options at Sunset Junction. Notable amenities nearby include Erewhon, Intelligentsia, The Black Cat, La Colombe Roasters, and more. With easy access to Downtown and Hollywood employment hubs, this area is particularly attractive to young professionals. Below market rents and significant value add potential give any investor the opportunity to capitalize on nearly 100% in rental upside and receive tax benefits in an Opportunity Zone.
  1. Listed by Andrew Malekie • DRE #02153774 • Brokerage DRE #01237359 • Link Brokerages
  2. Listed by Coby Chatwin • DRE #01998822 • Link Brokerages, Inc.

Property Details for 4520 Willow Brook Avenue

Zoning
LAR3
Style
Spanish
Parcel Number
5539004004
Total Units
12.0
Living Area
7556
Source Living Area
Vendor Enhanced
Area
Silver Lake (671)
Vacancy Rate
0

Location

Listing Courtesy of Link Brokerages, Andrew Malekie, DRE #02153774; Link Brokerages, Inc., Coby Chatwin, DRE #01998822
Add your commute
LISTING UPDATED: 04/16/2024 12:01 AM

Property Details for 4520 Willow Brook Avenue

StatusActive
MLS #24-377443
Days on Market25
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.25 AC / 10,802 SF
CountyLos Angeles County

Location

Listing Courtesy of Link Brokerages, Andrew Malekie, DRE #02153774; Link Brokerages, Inc., Coby Chatwin, DRE #01998822
Add your commute

Building Information for 4520 Willow Brook Avenue

Stories2Residences-Year Built1924Building Size-Lot Size0.25 AC / 10,802 SF

Payment Calculator

$13,619 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,098

Property Taxes

$521

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4520 Willow Brook Avenue

Community / Development
Community / Development
  • Number Of Units: 12
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 5
  • Type Of Units: Apartment
  • Security Features: Gated
  • Property Condition: Fixer, Repair Cosmetic
  • Water Heaters: Yes
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $142,049
  • Net Operating Income: $95,025.00
  • Gross Income: $145,542
  • Gross Rent Multiplier: $16.49
  • Total Annual Expense: 47024
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.248
  • Lot Size Square Feet: 10802
Parking Details
Parking Details
  • Parking Garage: None
  • Total Parking: 0
  • Parking Features: None
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating: None
  • Heating Type: None
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-08-2024
  • Rent Control: Yes
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,010.70
  • Unit Actual Rent: $1,010.70
  • Unit Projected Rent: $2,000.00
  • Like Units: 12
Unit Details
  • Unit Type Type: 2106
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $239,502.00
  • Assessed Improvement Percent: 60.0
  • Assessed Land Value: $159,663.00
  • Assessed Land Percent: 40
  • Assessed Total Value: $399,165.00

Property History for 4520 Willow Brook 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 4520 Willow Brook Avenue

Taxable ValueLand$159,663Additions$239,952Total$399,615
Tax Record2023$6,252 ($521 / month)
Home Facts
Total Finished SqFt7,556 SqFtAbove Grade Finished SqFt7,556 SqFtLot Size10,799 SqFtStyleMulti-Family Res (5+ Units)Year Built1924ZoningLAR3CountyLOS ANGELESAPN5539-004-004

Schools near 4520 Willow Brook Avenue

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
Public - K to 2
Rating
School
Distance
Lockwood Avenue Elementary School
PublicK to 6

Thomas Starr King Middle School
Public6 to 8

John Marshall Senior High School
Public9 to 12

Lexington Avenue Primary Center
PublicK to 2

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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4520 Willow Brook Avenue is a multi-family home for sale in Los Angeles, CA 90029. This property was listed for sale on April 8, 2024 by Link Brokerages, it's currently listed at $2,400,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Lockwood Avenue Elementary School, Thomas Starr King Middle School and John Marshall Senior High School. 4520 Willow Brook Avenue is a 12-bed, 12-bath, 7,556 sqft multi-family home built in 1924.

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 Link Brokerages, Andrew Malekie, DRE #02153774; Link Brokerages, Inc., Coby Chatwin, DRE #01998822

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.