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Off market
  • $4,031,800

    505 W 62nd St #25, Los Angeles, CA 90044

    18beds
    25baths
    21,812sqft
    MultiFamily
    Built in 1925
    -- sqft lot
    $4,031,800 Zestimate®
    $185/sqft
    $1,929 Estimated rent

    Home value

    $4,031,800

    $3.35M - $4.84M

    $1,929/mo

    Zestimate® history
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    Owner options

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    $1,929/mo

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    Rent Zestimate®

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    $25,564/mo

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    $25,564/mo

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    What's special

    25 units total: 16 residential (all 1 bedrooms) and 9 commercials store fronts. Great cash flow!!!! 10.3 GRM, 6.79 CAP With upside, $172 a foot. Building has undergone extensive upgrades such as New electrical service and sub panels, plumbing including main line, gas line, main sewer line with permits. Many units have new flooring and upgrades in the bathrooms and kitchens. The building has vinyl windows and a new roof in 2009. GREAT CASH FLOW. The building is separately metered for electric, gas and water heaters. This is a turn key building with low expenses and great returns. Fully occupied commercial and residential. Good size units. Most of the commercial tenants have been there for a very long time. Brick building, rental units are in big demand.Call for rent roll/expens

    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: 18
    • Bathrooms: 25
    Heating
    • Gas
    Cooling
    • Other
    Features
    • Flooring: Laminate
    Interior area
    • Total interior livable area: 21,812 sqft

    Property

    Parking
    • Total spaces: 3
    Features
    • Levels: Two
    Lot
    • Size: 0.31 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Updated/Remodeled
    • Year built: 1925

    Utilities & green energy

    • Sewer: In Street

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $185/sqft

    Price history

    DateEventPrice
    7/19/2019Sold$3,580,000-4.5%$164/sqft
    Source: CLAW #18411142 Report a problem
    5/14/2019Pending sale$3,749,000$172/sqft
    Source: Premier Investors R.E., Inc. #18411142 Report a problem
    3/25/2019Listed for sale$3,749,000$172/sqft
    Source: Premier Investors R.E., Inc. #18411142 Report a problem
    1/12/2019Pending sale$3,749,000$172/sqft
    Source: Premier Investors R.E., Inc. #18411142 Report a problem
    11/28/2018Listed for sale$3,749,000$172/sqft
    Source: Premier Investors R.E., Inc. #18411142 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: South Los Angeles

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $4,031,800
    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
    $4,031,800