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Off market
  • $1,394,700

    1553 2nd Ave, Los Angeles, CA 90019

    8beds
    8baths
    6,350sqft
    MultiFamily
    Built in 1936
    -- sqft lot
    $1,394,700 Zestimate®
    $220/sqft
    $2,843 Estimated rent

    Home value

    $1,394,700

    $1.19M - $1.62M

    $2,843/mo

    Zestimate® history
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    $2,843/mo

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    $8,994/mo

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    $8,994/mo

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    What's special

    PRICE IMPROVEMENT ($100K+) / 4.45 CAP & 12xGross on CURRENT ACTUAL #s!!! Synergy Investment Group, as Exclusive Agents, is pleased to provide the opportunity to acquire this charming 8-unit Multifamily asset in the highly sought after Mid-City 90019 zip code. The Property consists of eight (8) Large, Spacious 1-Bed + 1-Bath units each of which includes a Den which can function and is being used as a second Bedroom. Property also boasts of having on-site Garages that generate additional monthly income. Ideal as an Owner-User investment or perfect for any first-time and/or experienced Multifamily Investor looking to add a low maintenance building to their portfolio. Close proximity to the 10, 405, and 110 Freeways and centrally located with short driving distance to Downtown LA and Santa Monica. Nearby immediate cities include Hollywood, Downtown Los Angeles, Santa Monica, Universal Studios, and Inglewood to name a few. And with a sound, diverse demographic, the property is ideally located to nearby attractions such as Hollywood Bowl, Staples Center, SoFi Stadium, LA Memorial Coliseum, and other LA hot spots.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 1 common wall
    Interior area
    • Total interior livable area: 6,350 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage - Detached
    Features
    • Levels: Two
    Lot
    • Size: 7,501 Square Feet
    • Features: 6-10 Units/Acre
    Details
    • Parcel number: 5072035011
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1936

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $220/sqft

    Price history

    DateEventPrice
    11/11/2020Listing removed$1,995,000$314/sqft
    Source: Synergy Investment Group #SR20135511 Report a problem
    9/9/2020Price change$1,995,000-5%$314/sqft
    Source: Synergy Investment Group #SR20135511 Report a problem
    7/10/2020Listing removed$1,950
    Source: Go Section8 Report a problem
    7/10/2020Listed for sale$2,099,000$331/sqft
    Source: Synergy Investment Group #SR20135511 Report a problem
    7/9/2020Price change$1,950-1.3%
    Source: Go Section8 Report a problem
    6/19/2020Listed for rent$1,975
    Source: Go Section8 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Arlington Heights

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,394,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,394,700