825 Crocker Street

Los Angeles, CA 90021

$4,400,000
Price
33
Beds
6
Baths
13,371 Sq. Ft.
$329 / Sq. Ft.
13,371
Sq. Ft.
$329
per Sq. Ft.

Description

Great investment opportunity in prime Downtown Fashion District with huge upsides in rent. The units are currently Single Room Occupancy units but could be converted into Studio Apartments (buyer to verify). There are 33 units-11 on each floor. There are 2 bathrooms on each floor. Building has tremendous cash flow potential. Rapidly gentrifying area, highly walkable, and with easy access to public transportation. There are separate Electric Meter per Each Apartment. Each apartment is currently on...

Property Details for 825 Crocker Street

Zoning
LAM2
Year Built Numeric
1908

Property Details for 825 Crocker Street

StatusActive
MLS #20-627076
Days on Market90
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1908
Lot Size0.15 AC / 6,697 SF
CountyLos Angeles County

Listing Agent

Yehuda Rafael

Prime Group Realty

judarafael18@gmail.com

P: 310.721.3927

M: 310.721.3927

DRE #01924075

Contact Agent(s)

Location

Listing Courtesy of Prime Group Realty, Yehuda Rafael, DRE #01924075; Exclusive Realty & Finance, Afshin Ben Rafael, DRE #01206313

Building Information for 825 Crocker Street

Stories3Residences-Year Built1908Building Size-Lot Size0.15 AC / 6,697 SF

Payment Calculator

$14,746 per month

30 year fixed, 2.95% Interest

Principal and Interest

$14,746

Property Taxes

HOA Dues

$0

Property Information for 825 Crocker Street

Summary
    Location and General Information
  • Directions: Fashion District
  • Year Built Source: Vendor Enhanced
  • Zip 4: 1807
  • City: Los Angeles
  • Zip Code: 90021
  • County Or Parish: Los Angeles
  • Street Number Numeric: 825
  • Street Name: Crocker
  • State: CA
    Parking
  • Parking Garage: None
Property
    Property and Assessments
  • Assessed Improvement Percent: 58.04
  • Assessed Improvement Value: $478,607.00
  • Assessed Land Percent: 41.96
  • Assessed Land Value: $346,011.00
  • Assessed Total Value: $824,618.00
  • Assessor Parcel Number: 5146-025-030
  • Disclosures: Exclusions Call Agent
  • Source Living Area: Vendor Enhanced
  • Source Lot Size Area: Vendor Enhanced
  • Number Of Photos: 1
    Lot Information
  • Listing Area: Downtown L.A. (C42)
  • Lot Acreage: 0.1537
  • Service Level: Full Service
  • Living Area: 13371
  • Lot Size Area: 6697
Interior and Exterior Features
    Interior Features
  • Cooling: None
  • Equipment: None
  • Heating: None
  • Number Of Stories: 3
  • Beds Total: 33
Multi Family
    Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Income: $316,800
  • Gross Operating Income: $316,800
  • Net Operating Income: $249,960.00
  • Total Annual Expense: 66040
    Unit Information
  • Type Of Units: SRO
  • Unit Type Type: 2106
    Unit 1 Information
  • Unit Beds1: 33
  • Unit Baths1: 6
  • Unit Projected Rent1: $1,200.00
  • Unit Actual Rent1: $800.00
  • Unit Furnished1: No
  • Like Units1: 33
  • Unit Rent1: $800.00
Rental
    Rental Information
  • Vacancy Rate: 0
  • Gross Rent Multiplier: $13.88
  • Number Of Buildings: 1

Property History for 825 Crocker St

DateEvent & SourcePriceAppreciation
Sep 2, 2020

Listed (Active)

CLAW #20-627076

$4,400,000
Sep 2, 2020

Listed (Active)

CRMLS #20627076

$4,400,000
Mar 2, 2019

Expired

CRMLS #18401704

$3,900,000
DateEvent & SourcePrice
09/02/2020

Listed (Active)

CLAW #20-627076

$4,400,000
09/02/2020

Listed (Active)

CRMLS #20627076

$4,400,000
03/02/2019

Expired

CRMLS #18401704

$3,900,000

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

Public Records for 825 Crocker Street

Taxable ValueLand$367,188Additions$507,900Total$875,088
Tax Record2019$11,879 ($990 / month)
Home Facts
Total Finished SqFt13,371 SqFtAbove Grade Finished SqFt13,371 SqFtLot Size6,697 SqFtStyleMulti-Family Res (5+ Units)Year Built1908Year Renovated1918ZoningLAM2CountyLOS ANGELESAPN5146025030

Schools near 825 Crocker Street


SchoolTypeGradesDistanceRating
Ninth Street SchoolPublicK-50.1 mi
5
Para Los Ninos Middle SchoolCharter6-80.1 mi
3
Jardin De La InfanciaCharterK-10.4 mi
NR
Tri-C Community Day SchoolPublic7-120.5 mi
NR

Ninth Street School

K-5, 0.1 mi, Public

5

Para Los Ninos Middle School

6-8, 0.1 mi, Charter

3

Jardin De La Infancia

K-1, 0.4 mi, Charter

NR

Tri-C Community Day School

7-12, 0.5 mi, Public

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.

Downtown Los Angeles
A sprawling neighborhood that comprises a diverse range of districts, LA’s downtown has experienced a recent revitalization. Since the early 2000s, Downtown LA has been undergoing a rapid revitalization when an adaptive reuse ordinance was passed and made it easier for developers to convert and...

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825 Crocker Street is a multi-family home for sale in Los Angeles, CA 90021. This property was listed for sale on September 2, 2020 by Prime Group Realty at $4,400,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Teach Academy Of Technologies, Math, Science, & Technology Magnet Academy At Roosevelt High and Humanitas Academy Of Art And Technology At Esteban E. Torres High No. 4. 825 Crocker Street is a 33-bed, 6-bath, 13,371 sqft multi-family home built in 1908. This address can also be written as 825 Crocker St.

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 Prime Group Realty, Yehuda Rafael, DRE #01924075; Exclusive Realty & Finance, Afshin Ben Rafael, DRE #01206313

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