Skip To Content

1802 N Western Avenue

Los Angeles (City), CA 90027
  • $2,800,000
  • STATUS: Active
  • ON SITE: 129 Days
  • ID#: IV23011705
Price Reduced
UPDATED: 29 min ago
$2,800,000
  • 0
    BEDS
  • 0.43
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
C20 - Hollywood
Type:
Multi-Family
Built:
1920
County:
Los Angeles
Area:
C20 - Hollywood

School Ratings & Info

Visit GreatSchools.org
Listing Agent(s): Debrah Johnson of We Sell Homes Realty (951-332-0123)


Description

REDUCED price: Property located near Los Feliz area. Gated community of 10 individual bungalows built in 1920. Very large lot with tall shady trees down the middle walkway. Each unit has the following: front and back yard, utility room off kitchen, separate dining room, living room, bathroom with 2 entry points, bedroom with 2 walk-in closets. Some units have been upgraded. Most units have very long term tenants. Please do not disturb Tenants. 2 of the 10 units are not rented and ready for new owner to manage at market rent. No onsite laundry. No assigned parking.Property under rent control through City of Los Angeles. Recent information from prior escrow shows property to be in Los Angeles Historical District because units are individual bungalows built in 1920's. See attachment for link to information.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-03T22:28:51.47. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
www.teamforss.com/homes/136434477
Print Image

1802 N Western Avenue Los Angeles (City), CA 90027

  • Price: $2,800,000
  • Status: Active
  • On Site: 129 Days
  • Updated: 29 min ago
  • ID#: IV23011705
0
Beds
0
Baths
0
½ Baths
0.43
Acres
1920
Built
Neighborhood:
C20 - Hollywood
County:
Los Angeles
Area:
C20 - Hollywood
Property Description
REDUCED price: Property located near Los Feliz area. Gated community of 10 individual bungalows built in 1920. Very large lot with tall shady trees down the middle walkway. Each unit has the following: front and back yard, utility room off kitchen, separate dining room, living room, bathroom with 2 entry points, bedroom with 2 walk-in closets. Some units have been upgraded. Most units have very long term tenants. Please do not disturb Tenants. 2 of the 10 units are not rented and ready for new owner to manage at market rent. No onsite laundry. No assigned parking.Property under rent control through City of Los Angeles. Recent information from prior escrow shows property to be in Los Angeles Historical District because units are individual bungalows built in 1920's. See attachment for link to information.
Exterior Features

Architectural Style Bungalow Carport Spaces 0 Construction Materials DrywallStucco Fencing BlockChain LinkSecurityWrought Iron Foundation Details Raised Lot Features Back YardFront YardNear Public TransitRectangular Lot Number Of Separate Electric Meters 10 Parking Features NoneOn Street Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Roof Composition Spa Features None Spa YN No View Trees/Woods View YN Yes

Interior Features

Appliances Free-Standing RangeGas Water Heater Common Walls No Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring CarpetVinyl Heating Wall Furnace Heating YN Yes Interior Features Bedroom On Main LevelUtility RoomWalk-In Closet(S)

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest Community Apartment Community Features Street LightsSidewalksGated Contingency Subject To Seller Obtaining 1031 Exchange: Seller Requests Buyer Cooperation in 1031 Exchange At No CostDelays Or Liabilities To Buyer. City May Not Allow Units To Be Demolished Due To Historical District Committee. Current Financing None Disclosures City Inspection RequiredHistoricalRent Control Electric Electricity - On PropertyStandard Garage YN No Gross Income 0 Gross Scheduled Income 96000 Insurance Expense 3177 Land Lease YN No Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms 1031 Exchange Net Operating Income 55553 New Construction YN No New Taxes Expense 26570 Number Of Separate Gas Meters 10 Number Of Separate Water Meters 1 Number Of Units Leased 8 Operating Expense 40447 Possession Close Of Escrow Property Condition Repairs CosmeticUpdated/Remodeled Property Sub Type Apartment Rent Control YN Yes Security Features Carbon Monoxide Detector(S)Gated CommunitySmoke Detector(S)Window Bars Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGasGrounds CareTrash Collection Total Actual Rent 8000 Trash Expense 0 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected Vacancy Allowance Rate 20 Water Sewer Expense 10200 Water Source Public Zoning Lac4



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-03T22:28:51.47. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_370856259-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_370856259-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_370856259-1.jpg
Logo
Team Forss Realty Group
31213 Temecula Parkway
Temecula CA, 92592
Listing Agent(s): Debrah Johnson of We Sell Homes Realty (951-332-0123)