859 North Vista Street

Los Angeles, CA 90046

$2,700,000
Price
6
Beds
5
Baths
3,860 Sq. Ft.
$699 / Sq. Ft.
3,860
Sq. Ft.
$699
per Sq. Ft.

Description

$100k price drop! Perfect owner-user opportunity! 2021 construction modern style duplex in located West Hollywood adjacent in the heart of the Fairfax area of Los Angeles! Built by TJH, thie duplex features two 3 bedroom / 2.5 bathroom townhome units! Currently, one unit is vacant and another is rented making this the perfect owner-user opportunity! Offered at a 5.70% cap rate, 13.73 GRM and at $699/ft, this opportunity is perfect for a seasoned investor to acquire in one of the best locations in...$100k price drop! Perfect owner-user opportunity! 2021 construction modern style duplex in located West Hollywood adjacent in the heart of the Fairfax area of Los Angeles! Built by TJH, thie duplex features two 3 bedroom / 2.5 bathroom townhome units! Currently, one unit is vacant and another is rented making this the perfect owner-user opportunity! Offered at a 5.70% cap rate, 13.73 GRM and at $699/ft, this opportunity is perfect for a seasoned investor to acquire in one of the best locations in all of LA. The units offer top of the line finishes throughout and there was no stone unturned during construction. Throughout units, you will find wide plank vinyl flooring, recessed lighting, polished chrome plumbing, white shaker cabinets and white quartz countertops. The kitchen features brand new stainless steel appliances, including a Bertazzoni gas range and Frigidaire refrigerator, dishwasher and microwave. Each unit includes a 2 car garage and 2 outdoor spaces as well as in-unit laundry. The property includes solar panels that are owned and fully paid off by the developer. Tenants pay all utilities! Fairfax is a very popular destination for renters as its in close proximity to some of the best restaurants and retail in LA! It is also in close proximity to many major employment hubs! The property is subject to LA City RSO.
  1. Listed by John Katnik • DRE #02002695 • Brokerage DRE #01765179 • BRC Advisors- BH

Property Details for 859 North Vista Street

Water Front
None
Zoning
LAR2
Style
Modern
Parcel Number
5526004026
Total Units
2.0
Living Area
3860
Source Living Area
Builder
Area
West Hollywood Vicinity (C10)

Location

Listing Courtesy of BRC Advisors- BH, John Katnik, DRE #02002695
Add your commute
LISTING UPDATED: 03/12/2024 01:49 PM

Property Details for 859 North Vista Street

StatusActive
MLS #24-347489
Days on Market107
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2021
Lot Size0.14 AC / 6,203 SF
CountyLos Angeles County

Location

Listing Courtesy of BRC Advisors- BH, John Katnik, DRE #02002695
Add your commute

Building Information for 859 North Vista Street

Stories2Residences-Year Built2021Building Size-Lot Size0.14 AC / 6,203 SF

Payment Calculator

$17,527 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,735

Property Taxes

$2,792

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 859 North Vista Street

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 2
  • Amenities: None
  • Senior Community: No
  • Builders Name: Thomas James Homes
Structure Info
Structure Info
  • Year Built Source: Builder
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 2
  • Direction Faces: East
  • Property Condition: New Construction
  • Water Heaters: Yes
Contract Info
Contract Info
  • Probate: No
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $192,746
  • Net Operating Income: $153,958.00
  • Gross Income: $196,680
  • Cap Rate: 5.70%
  • Gross Rent Multiplier: $13.73
  • Vacancy Allow Percent: 2.00%
  • Owner Pays: Gardener
  • Total Annual Expense: 38788
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Alley: No
  • Lot Acreage: 0.1424
  • Lot Size Square Feet: 6203
Parking Details
Parking Details
  • Parking Garage: Garage
  • Total Parking: 8
  • Open Other Spaces Total: 4
  • Garage Spaces Total: 4
  • Parking Features: Garage
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Flooring: Vinyl Plank
  • Equipment: Microwave, Dryer, Dishwasher, Washer, Refrigerator, Range/Oven, Solar Panels
  • Common Walls: Attached
  • Laundry: In Unit
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Windows: Double Pane Windows
  • New Construction: Yes
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 01-16-2024
  • Rent Control: Yes
  • Rent Control: 100
  • Tenant Pays: Gas, Electricity, Trash Collection, Water
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $8,195.00
  • Unit Actual Rent: $16,390.00
  • Unit Projected Rent: $16,390.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $778,219.00
  • Assessed Improvement Percent: 28.25
  • Assessed Land Value: $1,976,760.00
  • Assessed Land Percent: 71.75
  • Assessed Total Value: $2,754,979.00

Property History for 859 North Vista 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 859 North Vista Street

Taxable ValueLand$1,976,760Additions$778,219Total$2,754,979
Tax Record2023$33,500 ($2,792 / month)
Home Facts
Total Finished SqFt2,360 SqFtAbove Grade Finished SqFt2,360 SqFtLot Size6,203 SqFtStyleDuplexYear Built1922ZoningLAR2CountyLOS ANGELESAPN5526-004-026

Schools near 859 North Vista Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - K to 5
Public - 7 to 12
Rating
School
Distance
Laurel Elementary School
PublicK to 8

Fairfax Senior High School
Public9 to 12

Melrose Elementary School
PublicK to 5

West Hollywood Opportunity School
Public7 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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859 North Vista Street is a multi-family home for sale in Los Angeles, CA 90046. This property was listed for sale on January 14, 2024 by BRC Advisors- BH, it's currently listed at $2,700,000. It has been on the market for a total of 107 days and was last sold on December 30, 2020. This listing's school district is Los Angeles Unified School District. Nearby schools include Laurel Elementary School, Fairfax Senior High School and Melrose Elementary School. 859 North Vista Street is a 6-bed, 5-bath, 3,860 sqft multi-family home built in 2021.

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 BRC Advisors- BH, John Katnik, DRE #02002695

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.