860 N Occidental Boulevard Los Angeles, CA ^$ 2,575,000

860 N Occidental Boulevard

^$ 2,575,000

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860 N Occidental Boulevard

Los Angeles, CA, 90026

^$ 2,575,000

Bedrooms12 Baths12.0 Sq 8,134

Monthly Estimate*

^$ 17,114

Listed by Stevenson Real Estate Services

860 N Occidental Boulevard, Los Angeles, CA 90026 - Image 1

Multi-Family Home for sale in Los Angeles, CA

for $2,575,000 with 12 bedrooms and 12 full baths. This 8,134 square foot home was built in 1925 on a lot size of 0.1992.

Excellent opportunity to purchase an apartment building in the heart of Silverlake just off of Sunset Boulevard; the property is twelve (12) units, all of which are 1+1; significant upside in rents; the units are separately metered for electricity and gas; individual hot water heaters; laundry machines are owned; six (6) closed garages (five (5) are used by the tenants as storage and one (1) is used for the trash bins)

Multi-Family Pending

Price

^$ 2,575,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Apartment

Lot Size

0.1992

Year Built

1925

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

GD23221559

Days on Market

188

Features

General

Sewer PublicSewer

Garage Spaces 6.0

Pool Features None

Year Built 1925

Property SubType Apartment

Gross Income 182070.0

Community Features Curbs

County Los Angeles

Net Operating Income 109286.0

Operating Expense 72784.0

Insurance Expense 4084.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Special Listing Conditions Standard

Status Pending

Directions From Silver Lake Blvd turn left onto Ellett Pl sharp right onto N Occidental Blvd

City Los Angeles

Entry Location Front

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 12

MLS Area C21 - Silver Lake - Echo Park

Lot Size Units SquareFeet

Lot Size Square Feet 8678.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Occidental

Listing Terms Cash CashtoNewLoan

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 637.0

Home Warranty Y/N N

Fuel Expense 1178.0

Trash Expense 722.0

Water Sewer Expense 4118.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 84

Building Area Units SquareFeet

Standard Status Pending

Year Built Source PublicRecords

Tax Lot 5402

Property Sub Type Additional Apartment

Exterior

Lot Features Item01UnitAcre

Water Source Public

Total Parking 6.0

Lot Size Area 8678.0

Number of Buildings 1

Spa N

Building Area Total 8134.0

Street Suffix Boulevard

Lot Size Acres 0.1992

Lot Size Source PublicRecords

Number of Separate Water Meters 12

Number of Separate Gas Meters 12

Number of Separate Electric Meters 12

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Laundry Features CommonArea

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 860

* Excluded Features

List By

Stevenson Real Estate Services

Broker

(818) 956-7001

Phone

Affordability Calculator

$17,114

Per Month

Monthly Principal & Interest: $17,114
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,991,000

Percent of Sale Price 23%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/6/2023	$2,575,000		Listed Price

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860 N Occidental Boulevard, Los Angeles, CA, 90026 is a Multi-Family Home for sale at $2,575,000 with 8,134 sqft and a lot size of 0.1992. 860 N Occidental Boulevard has 12 bedrooms, 12.0 baths, and was built in 1925. The property's zip code is 90026 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/10/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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860 N Occidental Boulevard

Multi-Family Home for sale in Los Angeles, CA

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