825 Irolo Street

Los Angeles, CA 90005

$1,530,000
Last Sold Price
9
Beds
9
Baths
1,776 Sq. Ft.
$861 / Sq. Ft.
1,776
Sq. Ft.
$861
per Sq. Ft.

Description

Developer's Choice - Premium location in the heart of Korea town. Property zoned R4-2 (Not R4-1). Single family residence. Property sold "as is". 9 Suit Units (9 rooms - 9 Bath) are rented. Rental income is over $6,000 monthly. Could be vacated in 6 months while receiving rents until ready. Could be developed 15 units without density bonus or low income units. IT IS ZONED R4-2, higher density than R4-1.Developer's Choice - Premium location in the heart of Korea town. Property zoned R4-2 (Not R4-1). Single family residence. Property sold "as is". 9 Suit Units (9 rooms - 9 Bath) are rented. Rental income is over $6,000 monthly. Could be vacated in 6 months while receiving rents until ready. Could be developed 15 units without density bonus or low income units. IT IS ZONED R4-2, higher density than R4-1.
  1. Listed by Myungzoo Kim Kwun • DRE #01810053 • Brokerage DRE #00676924 • California Realty & Investment

Property Details for 825 Irolo Street

Zoning
LAR4-2
Parcel Number
5094020016
Total Units
0.0
Living Area
1776
Source Living Area
Vendor Enhanced
Area
Mid-Wilshire (C17)
Vacancy Rate
0
Lot Size Area
6741

Location

Listing Courtesy of California Realty & Investment, Myungzoo Kim Kwun, DRE #01810053

Sold By California Realty & Investment, Myungzoo Kim Kwun, DRE #01810053

Add your commute
LISTING UPDATED: 08/14/2018 06:53 AM

Property Details for 825 Irolo Street

StatusSold
MLS #18-323842
Days on Market151
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1920
Lot Size0.15 AC / 6,741 SF
CountyLos Angeles County

Location

Listing Courtesy of California Realty & Investment, Myungzoo Kim Kwun, DRE #01810053

Sold By California Realty & Investment, Myungzoo Kim Kwun, DRE #01810053

Add your commute

Building Information for 825 Irolo Street

Stories2Residences-Year Built1920Building Size-Lot Size0.15 AC / 6,741 SF

Payment Calculator

$10,147 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,350

Property Taxes

$1,797

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 825 Irolo Street

Community / Development
Community / Development
  • Number Of Units: 0
  • Builders Tract Code: rmandi
Structure Info
Structure Info
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 9 Suits
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $75,000
  • Net Operating Income: $70,500.00
  • Gross Income: $75,000
  • Gross Rent Multiplier: $9.00
  • Total Annual Expense: 4500
Land / Lot Info
Land / Lot Info
  • Lot Size Square Feet: 6741
  • Geocode Override: 0.0
Parking Details
Parking Details
  • Parking Garage: Driveway Gate
  • Total Parking: 9
  • Parking Features: Gated
Interior Features
Interior Features
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling: See Remarks
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Other
  • Laundry: See Remarks
Exterior Features
Exterior Features
  • Pool: No
  • Tennis: No
Lease Terms
Lease Terms
  • Entry Date: 03-16-2018
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: Yes
  • Unit Rent: $6,250.00
  • Unit Actual Rent: $6,250.00
  • Unit Projected Rent: $6,500.00
  • Like Units: 9
Unit Details
  • Unit Type Type: 2106
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $129,018.00
  • Assessed Land Value: $516,087.00

Property History for 825 Irolo 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 825 Irolo Street

Taxable ValueLand$1,138,320Additions$627,657Total$1,765,977
Tax Record2023$21,568 ($1,797 / month)
Home Facts
Beds3Total Finished SqFt1,776 SqFtAbove Grade Finished SqFt1,776 SqFtStories2Lot Size6,741 SqFtStyleSingle Family ResidenceYear Built1920ZoningLAR4CountyLOS ANGELESAPN5094-020-016

Schools near 825 Irolo Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - K to 5
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
Mariposa-Nabi Primary Center
PublicK to 2

Hobart Boulevard Elementary School
PublicK to 5

Young Oak Kim Academy
Public6 to 8

Berendo Middle School
Public6 to 8

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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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 California Realty & Investment, Myungzoo Kim Kwun, DRE #01810053

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.