6908 Knowlton Place

Los Angeles, CA 90045

$10,350,000
Last Sold Price
48
Beds
6
Baths
22,785 Sq. Ft.
$454 / Sq. Ft.
22,785
Sq. Ft.
$454
per Sq. Ft.

Property Details for 6908 Knowlton Place

StatusSold
MLS #19456318
Year Built2018
DOM120
Compass TypeMulti Family
MLS TypeResidential Income / Apartment Building
Lot Size0.32 AC / 13,802 SF
Taxes-
Condo/Co-op Fees-
HOA Fees-
CountyLos Angeles County

Listing Agent

Contact Agent(s)

Property Details for 6908 Knowlton Place

Area
Westchester (C29)
Parking Spaces Total
39
Pool
No
Cooling Type
Central A/C

Description

With construction just completed, this brand new and delicately designed 18-Unit Apartment Building is beginning to fill up with tenants. Very well located and appointed, this building comes with NO RENT CONTROL, an average apartment square footage of 1,267 SF, two parking spaces per home, long and short term bicycle parking, community rooms, roof-top common areas with seating and grills, and much more. Just over a mile from the under-construction Crenshaw Metro Light Rail stop and near LAX, this... location is perfect for local and world commuters.Surrounded by shopping, dining and entertainment, and a short ride to the under-construction City of Champions (the new home of the LA Rams), this location is highly sough-after and commands commensurate rents. At time of Listing 7 of 18 units have been rented. On-site Manager's Unit is rented at $2,000. Gross Income is Pro-Forma.

Location

Listing Courtesy of Compass, Dario Svidler, DRE #01884474; Compass, Lee Mintz, DRE #01355531

Listing Agents

  1. Dario Svidler

    Listing Agent

    Compass

    DRE #01884474

  2. Lee Mintz

    Alternative Listing Agent

    Compass

    DRE #01355531

    lee.mintz@compass.com

    P: 310.902.8301

Building Information for 6908 Knowlton Place

Stories4Residences18Year Built2018Building Size-Lot Size0.32 AC / 13,802 SF

Payment Calculator

$37,227 per month

30 year fixed, 3.51% Interest

Principal and Interest

$37,227

Property Taxes

HOA Dues

$0

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Property Information for 6908 Knowlton Place

Property Features
    Interior Features
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer
  • Cooking Appliances: Microwave, Range
  • Heating: Central Furnace
  • Interior Features: Elevator
    Parking Info
  • Parking Features: Covered Parking
Community/Development / Location Info
    School/Location Info
  • County: Los Angeles
  • Driving Directions: Just South of Centinela Ave. and between La Tijera Blvd. and La Cienega Blvd.
    Association Information
  • Association/HOA: No
Income / Expense / Tax / Assessment Details
    Income Details
  • Adjusted Gross Income: $715,200
  • Cap Rate: 4.35
  • Gross Operating Income: $715,200
  • Gross Rent Multiplier: 15.38
  • Net Operating Income: $478,543
    Expense Details
  • Expense Total Annual: $215,201
    Assessment Info
  • Assessed Land Value: $1,863,999
Land/Lot Info
    Land/Lot Info
  • Lot Size Source: Vendor Enhanced
  • Lot Size SQFT: 13802
  • Tax Parcel Number: 4103013104
  • Zoning: R3
Structure Info
    Structure Info
  • Units Total In Complex: 18
  • Number Of Buildings: 1
  • Property Sub Type: Apartment Building
  • Property Type: Residential Income
  • Square Footage Source: Developer
  • Total Floors: 4
  • Year Built: 2018
Unit Information
    Unit 1 Info
  • Unit Furnished 1: Unfurnished
  • Unit Monthly Rent 1: $3,535
  • Unit Number Of Bath 1: 3.0
  • Unit Number Of Bed 1: 3.0
  • Unit Projected Total Monthly Rent 1: $42,420
  • Unit Total Monthly Rent 1: $42,420
  • Unit Type 1: 12.0
    Unit 2 Info
  • Unit Furnished 2: Unfurnished
  • Unit Monthly Rent 2: $2,863
  • Unit Number Of Bath 2: 3.0
  • Unit Number Of Bed 2: 2.0
  • Unit Projected Total Monthly Rent 2: $17,178
  • Unit Total Monthly Rent 2: $17,178
  • Unit Type 2: 6.0
    Unit 3 Info
  • Unit Furnished 3: Unfurnished
    Unit 4 Info
  • Unit Furnished 4: Unfurnished
    Unit 5 Info
  • Unit Furnished 5: Unfurnished
    Unit 6 Info
  • Unit Furnished 6: Unfurnished
    Unit 7 Info
  • Unit Furnished 7: Unfurnished
    Unit 8 Info
  • Unit Furnished 8: Unfurnished
    Unit 9 Info
  • Unit Furnished 9: Unfurnished
    Unit 10 Info
  • Unit Furnished 10: Unfurnished
    Unit 11 Info
  • Unit Furnished 11: Unfurnished
    Unit 12 Info
  • Unit Furnished 12: Unfurnished
    Unit 13 Info
  • Unit Furnished 13: Unfurnished

Property History for 6908 Knowlton Place

DateEvent & SourcePriceAppreciation
Aug 15, 2019Sold

CARETS #19456318

$10,350,000
Jun 14, 2019Accepting Backup Offers

CARETS #19456318

Jun 14, 2019Pending

CARETS #19456318

DateEvent & SourcePrice
08/15/2019
Sold

CARETS #19456318

$10,350,000
06/14/2019
Accepting Backup Offers

CARETS #19456318

06/14/2019
Pending

CARETS #19456318

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

Schools near 6908 Knowlton Place

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
The University of Children SchoolPrivateK-50.3 mi
NR
St. Jerome Elementary SchoolPrivateK-80.4 mi
NR
Open Charter Magnet SchoolCharterK-50.6 mi
9
Pacifica Montessori SchoolPrivateK-50.9 mi
NR

The University of Children School

K-5, 0.3 mi, Private

NR

St. Jerome Elementary School

K-8, 0.4 mi, Private

NR

Open Charter Magnet School

K-5, 0.6 mi, Charter

9

Pacifica Montessori School

K-5, 0.9 mi, Private

NR

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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All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.
Listing Courtesy of Compass, Dario Svidler, DRE #01884474; Compass, Lee Mintz, DRE #01355531
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