6919 Pso Del Serra

Los Angeles, CA 90068

$1,470,000
Last Sold Price
4
Beds
3
Baths
2,387 Sq. Ft.
$616 / Sq. Ft.
2,387
Sq. Ft.
$616
per Sq. Ft.

Description

We are pleased to present the opportunity to acquire 6919 Paseo Del Serra, a VACANT two-unit (duplex) income-producing property located in the beautiful Hollywood Hills. Nestled in a quiet enclave atop the Hollywood Hills, this unique investment opportunity comprises of one (1) studio and one (1) large three-bedroom / two bathroom unit. The property is situated on a 7,815 square foot lot with approximately 2,387 square feet of living space. This offering is perfect for an owner/user who is looking...We are pleased to present the opportunity to acquire 6919 Paseo Del Serra, a VACANT two-unit (duplex) income-producing property located in the beautiful Hollywood Hills. Nestled in a quiet enclave atop the Hollywood Hills, this unique investment opportunity comprises of one (1) studio and one (1) large three-bedroom / two bathroom unit. The property is situated on a 7,815 square foot lot with approximately 2,387 square feet of living space. This offering is perfect for an owner/user who is looking to take advantage of the relaxing retreat-style property, one that allows all the tenants to relax away from the hustle and bustle of the city life down below. The property is engulfed in lush greenery and boasts outstanding views of the city and the Hollywood hills. The property has undergone various upgrades throughout the years but still has great value-add potential. Current Rents are below market, giving a new owner generous upside through cosmetic renovations. Due to the property's convenient access to the 101 freeway, the area serves as a strong draw from a diversified tenant base. It is steps away from Yamashiro's Farmers Market on Thursdays, Hollywood Bowl, Hollywood & Highland, Runyon Canyon, and countless other amenities.
  1. Listed by Saadia 'Sam' Liberow • DRE #01933858 • Brokerage DRE #01240999 • Marcus & Millichap

Property Details for 6919 Pso Del Serra

Zoning
LAR2
Parcel Number
5549021024
Total Units
2.0
Living Area
2387
Source Living Area
Vendor Enhanced
Area
Sunset Strip - Hollywood Hills West (C03)
Vacancy Rate
3186
Lot Size Area
7815

Location

Listing Courtesy of Marcus & Millichap, Saadia 'Sam' Liberow, DRE #01933858

Sold By Compass, Brent Ander, DRE #01846975

Add your commute
LISTING UPDATED: 11/28/2022 04:56 PM

Property Details for 6919 Pso Del Serra

StatusSold
MLS #22-158045
Days on Market155
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1932
Lot Size0.18 AC / 7,815 SF
CountyLos Angeles County

Location

Listing Courtesy of Marcus & Millichap, Saadia 'Sam' Liberow, DRE #01933858

Sold By Compass, Brent Ander, DRE #01846975

Add your commute

Building Information for 6919 Pso Del Serra

Stories2Residences-Year Built1932Building Size-Lot Size0.18 AC / 7,815 SF

Payment Calculator

$9,531 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,022

Property Taxes

$1,509

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6919 Pso Del Serra

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Standard
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $103,014
  • Net Operating Income: $74,345.00
  • Gross Income: $106,200
  • Cap Rate: 4.80%
  • Gross Rent Multiplier: $14.60
  • Actual Annual Gross Rent: $106,200.00
  • Vacancy Allow Dollar: $3,186.00
  • Vacancy Allow Percent: 3.00%
  • Total Annual Expense: 28669
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1794
  • Lot Size Square Feet: 7815
Parking Details
Parking Details
  • Parking Garage: Attached
  • Total Parking: 2
  • Attached Garage: Yes
Interior Features
Interior Features
  • 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: 05-24-2022
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $6,500.00
  • Unit Actual Rent: $6,500.00
  • Unit Projected Rent: $6,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,350.00
  • Unit Actual Rent: $2,350.00
  • Unit Projected Rent: $2,350.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $218,727.00
  • Assessed Improvement Percent: 23.09
  • Assessed Land Value: $728,367.00
  • Assessed Land Percent: 76.91
  • Assessed Total Value: $947,094.00

Property History for 6919 Pso Del Serra

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 6919 Pso Del Serra

Taxable ValueLand$900,000Additions$570,000Total$1,470,000
Tax Record2023$18,107 ($1,509 / month)
Home Facts
Total Finished SqFt2,387 SqFtAbove Grade Finished SqFt2,387 SqFtLot Size7,815 SqFtStyleDuplexYear Built1932ZoningLAR2CountyLOS ANGELESAPN5549-021-024

Schools near 6919 Pso Del Serra

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

Hubert Howe Bancroft Middle School
Public6 to 8

Hollywood Senior High School
Public9 to 12

Larchmont Charter School
CharterK 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.

Similar Homes

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Similar Sold Homes

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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 Marcus & Millichap, Saadia 'Sam' Liberow, DRE #01933858

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.