6933 Glasgow Avenue

Los Angeles, CA 90045

$1,645,000
Last Sold Price
9
Beds
5
Baths
3,491 Sq. Ft.
$471 / Sq. Ft.
3,491
Sq. Ft.
$471
per Sq. Ft.

Description

New Price. Not much for sale Rare opportunity 4Plex in prime location. Rear 2 story Owner's home 3 bed 2 bath with big private yard. front 3 unit building all 2 Bed 1 bath units. Light & bright units with lots of windows. 'Caringly Hands-on owner- managed', fully occupied, all paying, quality tenants. Long term tenants, Huge upside in rent for new owner to keep increasing the cash flow. On site 5 parking include 3 single garages. 1 Garage for owner. Very Easy to manage by any owner with Low maintenance...New Price. Not much for sale Rare opportunity 4Plex in prime location. Rear 2 story Owner's home 3 bed 2 bath with big private yard. front 3 unit building all 2 Bed 1 bath units. Light & bright units with lots of windows. 'Caringly Hands-on owner- managed', fully occupied, all paying, quality tenants. Long term tenants, Huge upside in rent for new owner to keep increasing the cash flow. On site 5 parking include 3 single garages. 1 Garage for owner. Very Easy to manage by any owner with Low maintenance & Low Expenses. Tenants pay electric, Gas & Trash. owner pays Water & gardener only. Upgrades Include Mostly copper plumbing, All new double pane windows. Hardwood Floors. Prime Westchester Triangle area going thru lots of new development. LAR3 Zoning, Buyer to independently verify & Rely on, per L A city Build 9 units 'By Right' & 13 units due to transportation bonus zoning. Pride of ownership, Always in demand Low vacancy area. Proforma rents could give $132,000 per year income giving a Low 12.5 GRM. Convenient Central location giving easy access to LAX, 405 FWY, La Cienega and westside, South bay & Eastside Amenities. One Garage New owner can keep it or rent it out at $150-200/Mo.
  1. Listed by Anoop Garg • DRE #1060730 • Brokerage DRE #01481925 • The Real Estate Consultants Westside Inc.

Property Details for 6933 Glasgow Avenue

Architectural Style
Contemporary
View
Neighborhood
Parking Spaces Total
5
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3491

Location

Listing Courtesy of The Real Estate Consultants Westside Inc., Anoop Garg, DRE #1060730

Sold By Link Brokerages, Coby Chatwin, DRE #01998822

Add your commute
LISTING UPDATED: 07/02/2021 10:47 AM

Property Details for 6933 Glasgow Avenue

StatusClosed
MLS #IN21074357
Days on Market63
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1950
Lot Size0.17 AC / 7,434 SF
CountyLos Angeles County

Location

Listing Courtesy of The Real Estate Consultants Westside Inc., Anoop Garg, DRE #1060730

Sold By Link Brokerages, Coby Chatwin, DRE #01998822

Add your commute

Building Information for 6933 Glasgow Avenue

Stories2Residences-Year Built1950Building Size-Lot Size0.17 AC / 7,434 SF

Payment Calculator

$10,699 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,977

Property Taxes

$1,722

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6933 Glasgow Avenue

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $94,536
  • Gross Scheduled Income: $94,536
  • Net Operating Income: $65,496
  • Gross Multiplier: 12.5
  • Cap Rate: 5.0
  • Financing: Cash To New Loan
Expense Details
  • Operating Expense: $29,040
  • New Taxes Expense: $22,740
  • Gardener Expense: $1,200
  • Cable TV Expense: $0
  • Fuel Expense: $0
  • Pest Control Expense: $0
  • Pool Expense: $0
  • Security Expense: $0
  • Furniture Replacement Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,500
  • Professional Management Expense: $0
  • Workmans Compensation Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $3,600
  • Supplies Expense: $0
  • Total Expenses: $29,040
Tax / Assessment Info
  • Tax Tract Number: 11569
  • Tax Census Tract: 2761.00
  • Tax Lot: 76
Community / Development
Community / Development
  • Community Features: Biking, Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Self Cleaning Oven, Free-Standing Range, Disposal, Gas Range, Gas Water Heater, Range Hood, Water Heater
  • Equipment: Inside
  • Interior Features: Balcony, Block Walls, Built-in Features, Cathedral Ceiling(s), Copper Plumbing Partial, Tile Counters
  • Room Type: Center Hall, Kitchen, Living Room, Master Bedroom
  • Bedroom Features: Master Bedroom
  • Water Heater Features: Gas
  • Water Heater Type: Gas
  • Laundry: Yes
  • Laundry Features: Inside
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Heating Type: Floor Furnace
  • Heating: Central, Floor Furnace, Wall Furnace
  • Heat Equipment: Floor Furnace
Exterior Features
  • Door Features: Service Entrance
  • Window Features: Casement Windows, Double Pane Windows, Low Emissivity Windows, Screens
  • Construction Materials: Drywall Walls
  • Roof: Composition
  • Fence: Yes
  • Fence: Vinyl, Wood
  • Fencing: Block, Vinyl, Wood
  • Property Condition: Building Permit
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Front Yard, Garden, Near Public Transit, Yard
  • Direction Faces: East
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Electricity - On Property
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Assigned, Driveway, Garage, Garage - 1 Car, Private
  • Uncovered Spaces: 1
  • Open Other Spaces Total: 1
  • Parking Garage Spaces: 3
  • Carport Spaces: 1
  • Parking Features: Assigned, Attached Carport, Driveway, Paved, Garage, Garage - Single Door, Private
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,295
  • Unit Type Total Rent: $2,295
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,995
  • Unit Type Total Rent: $1,995
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,719
  • Unit Type Total Rent: $1,719
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,719
  • Unit Type Total Rent: $1,719
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 0
  • Number With Range: 4
  • Number With Disposal: 4

Property History for 6933 Glasgow 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 6933 Glasgow Avenue

Taxable ValueLand$1,326,000Additions$351,900Total$1,677,900
Tax Record2023$20,669 ($1,722 / month)
Home Facts
Total Finished SqFt3,491 SqFtAbove Grade Finished SqFt3,491 SqFtLot Size7,434 SqFtStyleTriplexYear Built1950ZoningLAR3CountyLOS ANGELESAPN4103-011-007

Schools near 6933 Glasgow Avenue

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 5
Rating
School
Distance
Westport Heights Elementary School
PublicK to 5

Westchester Enriched Sciences Magnets
Public9 to 12

Open Charter Magnet School
CharterK 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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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 The Real Estate Consultants Westside Inc., Anoop Garg, DRE #1060730

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.