817 Centennial Street

Los Angeles, CA 90012

$1,200,000
Price
6
Beds
6
Baths
4,304 Sq. Ft.
$279 / Sq. Ft.
4,304
Sq. Ft.
$279
per Sq. Ft.

Description

This is an excellent opportunity to purchase a six (6) unit apartment building in the historic Echo Park Neighborhood; adjacent to Downtown Los Angeles, Chinatown, Civic Center, Dodger Stadium, etc. Great opportunity for investment or owner-occupied property. Rare R3 investment opportunity. Drive by only. Offer subject to inspection. Seller to do a 1031 Exchange at no cost to the Buyer. Seller to reserve services.This is an excellent opportunity to purchase a six (6) unit apartment building in the historic Echo Park Neighborhood; adjacent to Downtown Los Angeles, Chinatown, Civic Center, Dodger Stadium, etc. Great opportunity for investment or owner-occupied property. Rare R3 investment opportunity. Drive by only. Offer subject to inspection. Seller to do a 1031 Exchange at no cost to the Buyer. Seller to reserve services.
  1. Listed by Moussa Mehdizadeh • DRE #01315713 • Brokerage DRE #01046440 • Andrew C. Lee

Property Details for 817 Centennial Street

Zoning
LAR3
Parcel Number
5406027015
Total Units
6.0
Living Area
4304
Source Living Area
Assessor
Area
Silver Lake (671)
Vacancy Rate
0
Lot Size Area
5581

Location

Listing Courtesy of Andrew C. Lee, Moussa Mehdizadeh, DRE #01315713
Add your commute
LISTING UPDATED: 05/25/2024 12:01 AM

Property Details for 817 Centennial Street

StatusActive
MLS #24-393441
Days on Market59
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1890
Lot Size0.13 AC / 5,581 SF
CountyLos Angeles County

Location

Listing Courtesy of Andrew C. Lee, Moussa Mehdizadeh, DRE #01315713
Add your commute

Building Information for 817 Centennial Street

Stories2Residences-Year Built1890Building Size-Lot Size0.13 AC / 5,581 SF

Payment Calculator

$7,757 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,549

Property Taxes

$1,208

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 817 Centennial Street

Community / Development
Community / Development
  • Number Of Units: 6
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 1 Bed 1 bath
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash To New Loan, Cash
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $76,404
  • Net Operating Income: $47,544.00
  • Gross Income: $76,404
  • Gross Rent Multiplier: $18.00
  • Actual Annual Gross Rent: $76,404.00
  • Total Annual Expense: 28860
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1281
  • Lot Size Square Feet: 5581
Parking Details
Parking Details
  • Parking Garage: None
  • Total Parking: 6
  • Parking Features: None
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Range/Oven
  • Common Walls: Attached
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-17-2024
  • Listing Terms: Cash, Cash To Existing Loan
  • Rent Control: Yes
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,099.00
  • Unit Actual Rent: $1,099.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 6
Unit Details
  • Unit Type Type: 2106
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $40,534.00
  • Assessed Improvement Percent: 54.87
  • Assessed Land Value: $33,345.00
  • Assessed Land Percent: 45.13
  • Assessed Total Value: $73,879.00

Property History for 817 Centennial Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 817 Centennial Street

Taxable ValueLand$765,550Additions$360,901Total$1,126,451
Tax Record2023$14,491 ($1,208 / month)
Home Facts
Total Finished SqFt4,304 SqFtAbove Grade Finished SqFt4,304 SqFtLot Size5,581 SqFtStyleMulti-Family Res (5+ Units)Year Built1890ZoningLAR3CountyLOS ANGELESAPN5406-027-015

Schools near 817 Centennial Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 7
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Castelar Street Elementary School
PublicK to 7

Edward R. Roybal Learning Center
Public9 to 12

Miguel Contreras Learning Complex School
Public9 to 12

Belmont Senior High School
Public9 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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817 Centennial Street is a multi-family home for sale in Los Angeles, CA 90012. This property was listed for sale on May 17, 2024 by Andrew C. Lee, it's currently listed at $1,200,000. It has been on the market for a total of 59 days and was last sold on November 20, 2017. This listing's school district is Los Angeles Unified School District. Nearby schools include Castelar Street Elementary School, Edward R. Roybal Learning Center and Miguel Contreras Learning Complex School. 817 Centennial Street is a 6-bed, 6-bath, 4,304 sqft multi-family home built in 1890.

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 Andrew C. Lee, Moussa Mehdizadeh, DRE #01315713

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.