Sold for $1,175,000

Listed by: Apex Commercial Real Estate • Arnold Ng • Contact: 310-377-3456

Bought with: NONMEMBER MRML

$1,175,000

415 Cottage Home St, Los Angeles, CA 90012

7beds

6baths

3,690sqft

Multi Family

Built in 1966

-- sqft lot

$1,145,600 Zestimate^®

$318/sqft

$3,235 Estimated rent

Home value

$1,145,600

$1.04M - $1.25M

$3,235/mo

Zestimate^® history

Owner options

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$3,235/mo

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$3,235/mo

Rent Zestimate^®

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$7,427/mo

Est. payment

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$7,427/mo

Est. payment

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What's special

For value added investors or 1031 exchange investors, this six-unit apartment complex walking distance to Chinatown and in the Downtown LA/Chinatown submarket offers investors upside opportunity because of unit mix of two studios, one, 1-bedroom unit and three, 2-bedroom units. All tenants are below market rents. The property is located in City of LA RSO. Four of the tenants pay electricity and gas which are separately metered. The building has copper plumbing. Soft story retrofit has been completed in 2022.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 6

Rooms

Room types: Bedroom, Primary Bathroom

Bedroom

Features: Bedroom on Main Level

Cooling

Wall/Window Unit(s)

Appliances

Included: Free-Standing Range, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Dryer, Washer
Laundry: Common Area

Features

Beamed Ceilings, Unfurnished, Bedroom on Main Level
Flooring: Laminate
Has fireplace: Yes
Fireplace features: Kitchen, Primary Bedroom
Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 3,690
Total interior livable area: 3,690 sqft

Property

Parking

Total spaces: 6
Parking features: Carport
Carport spaces: 6

Features

Entry location: mid-level
Pool features: None

Lot

Size: 4,800 Square Feet
Features: Street Level

Details

Parcel number: 5414018005
Zoning: LAR3
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Copper Plumbing

Condition

New construction: No
Year built: 1966

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Available, Natural Gas Available, Sewer Connected

Community & HOA

Community

Features: Sidewalks

Location

Region: Los Angeles

Financial & listing details

Price per square foot: $318/sqft
Date on market: 6/28/2024
Listing terms: Cash,1031 Exchange
Inclusions: Includes washing and drying machines which are owned by seller. Includes refrigerators in each unit
Total actual rent: 6812
Tenant pays: Electricity, Gas

Price history

Date	Event	Price
9/16/2024	Sold	$1,175,000-2.1%$318/sqft
Source: CRMLS #SB24116264 Report a problem
7/1/2024	Pending sale	$1,200,000$325/sqft
Source: CRMLS #SB24116264 Report a problem
6/28/2024	Listed for sale	$1,200,000$325/sqft
Source: CRMLS #SB24116264 Report a problem