9418 National Boulevard

Los Angeles, CA 90034

$1,125,000
Last Sold Price
4
Beds
2
Baths
1,915 Sq. Ft.
$587 / Sq. Ft.
1,915
Sq. Ft.
$587
per Sq. Ft.

Description

$50,000 Price Reduction! Don't miss this fantastic investment opportunity for owner-user or developer in Prime Westside neighborhood of Castle Heights, just North of Culver City, and South of Beverlywood. Built in 1926, this two-story duplex consists of large 2-bedroom 1-bathroom units with one upstairs unit to be delivered vacant allowing a buyer to occupy this units while securing favorable financing and enjoying income from the downstairs unit. The property is zoned LAR3 TOC Tier 3, and sits on...$50,000 Price Reduction! Don't miss this fantastic investment opportunity for owner-user or developer in Prime Westside neighborhood of Castle Heights, just North of Culver City, and South of Beverlywood. Built in 1926, this two-story duplex consists of large 2-bedroom 1-bathroom units with one upstairs unit to be delivered vacant allowing a buyer to occupy this units while securing favorable financing and enjoying income from the downstairs unit. The property is zoned LAR3 TOC Tier 3, and sits on a 4,521 SqFt Lot with a long driveway accessing to 2 private single car garages with the potential for ADU conversion for additional income. The property features bright spacious floor plans with private front yard, in-unit washer/dryer, security camera system, and shared backyard with orange and peach trees perfect for entertaining guests. Additionally, the foundation has been recently retrofitted, new upgraded electrical meters and sub panels, and copper plumbing throughout. Don't miss this opportunity to own a great duplex on National Blvd steps from 2 Expo Lines, a Starbucks, Vons, and Downton Culver City that offers amazing restaurants, shops, and nightlight. Its close proximity to Culver City, new developments, and high profile employers moving in like HBO, Amazon, and Apple makes this an amazing investment opportunity for an owner-user or developer!
  1. Listed by Kamfar Kyle Mirrafati • DRE #01911204 • Brokerage DRE #01469842 • Matthews Real Estate Investment Services

Property Details for 9418 National Boulevard

Zoning
LAR3
Parcel Number
4311017001
Total Units
2.0
Living Area
1915
Source Living Area
Assessor
Area
Beverlywood Vicinity (C09)
Vacancy Rate
50
Lot Size Area
4521

Location

Listing Courtesy of Matthews Real Estate Investment Services, Kamfar Kyle Mirrafati, DRE #01911204

Sold By Alden Pacific Investments, Inc., Derek Branch, DRE #02100209

Add your commute
LISTING UPDATED: 11/29/2021 12:26 PM

Property Details for 9418 National Boulevard

StatusSold
MLS #21-745914
Days on Market119
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1926
Lot Size0.10 AC / 4,521 SF
CountyLos Angeles County

Location

Listing Courtesy of Matthews Real Estate Investment Services, Kamfar Kyle Mirrafati, DRE #01911204

Sold By Alden Pacific Investments, Inc., Derek Branch, DRE #02100209

Add your commute

Building Information for 9418 National Boulevard

Stories2Residences-Year Built1926Building Size-Lot Size0.10 AC / 4,521 SF

Payment Calculator

$7,319 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,140

Property Taxes

$1,179

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 9418 National Boulevard

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Duplex
  • Water Heaters: Yes
Contract Info
Contract Info
  • Probate: No
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $55,296
  • Net Operating Income: $34,873.00
  • Gross Income: $55,296
  • Cap Rate: .00%
  • Gross Rent Multiplier: $.00
  • Actual Annual Gross Rent: $55,296.00
  • Total Annual Expense: 18764
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Alley: No
  • Lot Acreage: 0.1038
  • Lot Size Square Feet: 4521
Parking Details
Parking Details
  • Parking Garage: Private Garage
  • Total Parking: 2
  • Garage Spaces Total: 2
  • Parking Features: Private
  • Garage Structures Total: 2.0
Interior Features
Interior Features
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Dishwasher, Gas Dryer Hookup, Washer, Microwave, Refrigerator, Range/Oven
  • Common Walls: Attached
  • Laundry: In Unit
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 06-08-2021
  • Rent Control: Yes
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,800.00
  • Unit Actual Rent: $2,800.00
  • Unit Projected Rent: $2,800.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,808.00
  • Unit Actual Rent: $1,808.00
  • Unit Projected Rent: $2,800.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $71,429.00
  • Assessed Improvement Percent: 8.5
  • Assessed Land Value: $769,255.00
  • Assessed Land Percent: 91.5
  • Assessed Total Value: $840,684.00

Property History for 9418 National 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 9418 National Boulevard

Taxable ValueLand$714,000Additions$433,500Total$1,147,500
Tax Record2023$14,148 ($1,179 / month)
Home Facts
Total Finished SqFt1,915 SqFtAbove Grade Finished SqFt1,915 SqFtLot Size4,521 SqFtStyleDuplexYear Built1926ZoningLAR3CountyLOS ANGELESAPN4311-017-001

Schools near 9418 National 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
Public - 9 to 12
Rating
School
Distance
Castle Heights Elementary School
PublicK to 5

Palms Middle School
Public6 to 8

Alexander Hamilton Senior High School
Public9 to 12

Cheviot Hills Continuation 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.

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 Matthews Real Estate Investment Services, Kamfar Kyle Mirrafati, DRE #01911204

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.