TOP AVAILABLE INVESTMENT UNITS IN WEHO at this time. Back on Market, buyer couldn't perform. Let me save you the time of running numbers on multiple properties in the area. With a GRM at 12.9 and a CAP at 5.58% (self-managed), this is it!
547 N Flores is a clean, low maintenance, 6-unit asset. It consists of two 3/2, one 2/2, one 2/1 and two 1/1. Five of the units have been updated within the past few years. All have an outdoor personal space via balcony or patio, updated energy efficient windows, central heating, kitchen appliances are included as well as the coin operated washer & dryer located in the common use laundry room on the first floor (refrigerators, stoves, dishwashers and coin operated washer & dryer all transfer with the building). Both 3/2 units have Central A/C and the rest have wall units.
The entire exterior of the building has just been pressure washed and painted with top Benjamin Moore long lasting elastomeric paint. Roof was replaced in Feb. 2020, Earthquake Foundation Bolting done in Aug. 2005 and Soft Story reinforcement was completed in Oct 2021. All copper plumbing. All electrical sub-panels have been updated. This is as solid and as sound as they come. The seller will NOT be conducting a 1031 exchange. No wait times here. Ready to close escrow at the asking price. Firm.
Sold for $2,380,000
Listed by: Casa Bella Realty Group • John Martinez • Contact: 310-706-7460
Bought with: Keller Williams Realty Calabasas
$2,380,000
547 N Flores St, Los Angeles, CA 90048
12beds
9baths
6,216sqft
Mixed Use
Built in 1959
-- sqft lot
$2,627,200 Zestimate®
$383/sqft
$3,001 Estimated rent
Home value
$2,627,200
$2.29M - $3.05M
$3,001/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
John Martinez DRE #01869835 310-706-7460,
Casa Bella Realty Group
Bought with:
Alex Galuz, DRE #01291486
Keller Williams Realty Calabasas
Source: CRMLS,MLS#: SB23193568
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 9
Rooms
- Room types: Living Room
Heating
- Central
Cooling
- Central Air, Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Gas Range, Gas Water Heater, Refrigerator, Dryer, Washer
- Laundry: Common Area, Laundry Room
Features
- Balcony
- Flooring: Laminate, Wood
- Windows: ENERGY STAR Qualified Windows, Skylight(s)
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 6,216
- Total interior livable area: 6,216 sqft
Property
Parking
- Total spaces: 10
- Parking features: Covered, Public, Tandem, Uncovered
- Carport spaces: 5
- Uncovered spaces: 5
Features
- Levels: Two
- Stories: 2
- Entry location: Street front
- Exterior features: Rain Gutters
- Pool features: None
- Spa features: None
- Fencing: Block,None
- Has view: Yes
- View description: City Lights
Lot
- Size: 5,754 Square Feet
- Features: Rectangular Lot, Street Level
Details
- Parcel number: 5528014041
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
Materials
- Drywall, Stucco, Copper Plumbing
- Foundation: Slab, Tie Down
- Roof: Flat
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1959
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Sidewalks
- Security: Smoke Detector(s)
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $383/sqft
- Annual tax amount: $27,872
- Date on market: 10/23/2023
- Cumulative days on market: 7 days
- Listing terms: Cash,Conventional
- Inclusions: All kitchen refrigerators, stoves, dishwashers. Coin operated washer & dryer. Heavy duty 2-story landlord ladder.
- Exclusions: Tenant personal property
- Total actual rent: 15361
- Tenant pays: Electricity, Gas
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/20/2023 | Sold | $2,380,000$383/sqft |
Source:  CRMLS #SB23193568 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 90048
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Nearby schools
GreatSchools rating
- 7/10Rosewood Avenue Elementary SchoolGrades: K-5Distance: 0.2 mi
- 5/10Hubert Howe Bancroft Middle SchoolGrades: 6-8Distance: 2.1 mi
- 5/10Fairfax Senior High SchoolGrades: 9-12Distance: 0.6 mi
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Estimated market value
$2,627,200
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
$2,627,200
- California
- Los Angeles County
- West Hollywood
- 90048
- 547 N Flores St
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