839 North Occidental Boulevard

Los Angeles, CA 90026

$2,900,000
Last Sold Price
8
Beds
5
Baths
4,186 Sq. Ft.
$693 / Sq. Ft.
4,186
Sq. Ft.
$693
per Sq. Ft.

Description

893 N. Occidental features 4 meticulously renovated 2-bdrm. units with approved plans for (2) 2-bdrm. ADUs. (approx. 926 SF and 606 SF). Located just South of Sunset Blvd and 1.5 miles from Sunset Junction, this charming Spanish-style fourplex is in the heart of a trendy and vibrant community and offers residents a short commute to a wide array of beloved hotspots along Sunset Blvd. The subject property is comprised of (1) 2-bdrm. & 2-Bath unit and (3) 2-bdrm. and 1-Bath units. Each charming and...893 N. Occidental features 4 meticulously renovated 2-bdrm. units with approved plans for (2) 2-bdrm. ADUs. (approx. 926 SF and 606 SF). Located just South of Sunset Blvd and 1.5 miles from Sunset Junction, this charming Spanish-style fourplex is in the heart of a trendy and vibrant community and offers residents a short commute to a wide array of beloved hotspots along Sunset Blvd. The subject property is comprised of (1) 2-bdrm. & 2-Bath unit and (3) 2-bdrm. and 1-Bath units. Each charming and meticulously renovated unit perfectly combines Spanish-style architecture with modern amenities. These bright and spacious units feature hardwood flooring, quartz countertops, stainless-steel appliances, multiple wall-unit A/Cs and an in-unit washer in dryer. Please note, the property comes with approved plans and permits for (2) 2-bdrm. units (approx. 926 SF and 606 SF). The addition of these 2 units would increase the gross monthly rental income by approx. $6,000, bringing the total gross monthly income to $21,900. Located in the heart of a rental market under constant demand by high-income young professionals, 839 N. Occidental presents investors with the unique opportunity to acquire a turnkey asset with significant financial upside.

Listing Agents

  1. Max Berger

    Max Berger

    Listing Agent

    Compass

    DRE #02054048

    max.berger@compass.com

    P: 818.321.4972

  2. Joe Reichling

    Joe Reichling

    Alternative Listing Agent

    Compass

    DRE #01427385

Property Details for 839 North Occidental Boulevard

Zoning
LARD2
Style
Spanish
Parcel Number
5426021019
Total Units
4.0
Living Area
4186
Source Living Area
Vendor Enhanced
Area
Silver Lake (671)
Vacancy Rate
0

Location

Listing Courtesy of Compass, Max Berger, DRE #02054048; Compass, Joe Reichling, DRE #01427385

Sold By Douglas Elliman of California, Robert Hunter, DRE #02030490

Add your commute
LISTING UPDATED: 03/31/2023 12:45 PM

Property Details for 839 North Occidental Boulevard

StatusSold
MLS #22-200249
Days on Market131
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.20 AC / 8,705 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Max Berger, DRE #02054048; Compass, Joe Reichling, DRE #01427385

Sold By Douglas Elliman of California, Robert Hunter, DRE #02030490

Add your commute

Virtual Tour

Building Information for 839 North Occidental Boulevard

Stories2Residences-Year Built1923Building Size-Lot Size0.20 AC / 8,705 SF

Payment Calculator

$17,413 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,826

Property Taxes

$1,587

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 839 North Occidental Boulevard

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Apartments
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $185,076
  • Net Operating Income: $138,637.00
  • Gross Income: $190,800
  • Cap Rate: 4.63%
  • Gross Rent Multiplier: $15.70
  • Financial Info as Of: 09/16/2022
  • Vacancy Allow Percent: 2.50%
  • Total Annual Expense: 46440
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1998
  • Lot Size Square Feet: 8705
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 4
  • Open Other Spaces Total: 4
  • Parking Features: Driveway
Interior Features
Interior Features
  • Cooling Type: Air Conditioning, Wall Unit(s)
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Hardwood, Tile
  • Equipment: Dishwasher, Dryer, Washer, Refrigerator, Range/Oven
  • Common Walls: Attached
  • Laundry: In Unit
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 09-16-2022
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,600.00
  • Unit Actual Rent: $4,600.00
  • Unit Projected Rent: $4,600.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,900.00
  • Unit Actual Rent: $3,900.00
  • Unit Projected Rent: $3,995.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,500.00
  • Unit Actual Rent: $3,500.00
  • Unit Projected Rent: $3,595.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,900.00
  • Unit Actual Rent: $3,900.00
  • Unit Projected Rent: $3,995.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109

Property History for 839 North Occidental Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 839 North Occidental Boulevard

Taxable ValueLand$936,360Additions$593,028Total$1,529,388
Tax Record2023$19,048 ($1,587 / month)
Home Facts
Total Finished SqFt4,186 SqFtAbove Grade Finished SqFt4,186 SqFtLot Size8,705 SqFtStyleQuadraplexYear Built1923ZoningLARD2CountyLOS ANGELESAPN5426-021-019

Schools near 839 North Occidental Boulevard

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 - 9 to 12
Rating
School
Distance
Micheltorena Street Elementary School
PublicK to 5

Thomas Starr King Middle School
Public6 to 8

John Marshall Senior High School
Public9 to 12

Port Of Los Angeles High School
Charter9 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 Compass, Max Berger, DRE #02054048; Compass, Joe Reichling, DRE #01427385

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.