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Los Angeles, CA 90004 4354 Oakwood 10

$1,950,000

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Presented By: Aristide Buhoiu with Royal Estate Properties; 818-445-4663
  • MLS# SR24070347
  • 04/10/2024
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  • BedBeds • 11
  • BathBaths • 10
  • FootageSQFT • 7,578
  • GarageGarage • 7

Home Details

Centrally located between the sought-after neighborhoods like Hancock Park, Silver Lake, Korea Town and Hollywood, this 10 unit apartment building offers a great opportunity for any investor looking for a property with a big upside in rents. The building has undergone some renovations including a new roof, two units are remodeled, retrofitting has been done and all is well cared for. Long term tenants live on the property offering a huge upside potential in rents. There are a lot of new construction projects around the area.
Presented By: Aristide Buhoiu with Royal Estate Properties; 818-445-4663

Interior Features for 4354 Oakwood 10

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2

Other Rooms

Entry Level2

General for 4354 Oakwood 10

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.05
Carport Y/NNo
CityLos Angeles
Community FeaturesStormDrains, StreetLights, Sidewalks, Urban
CoolingWallWindowUnits
CountyLos Angeles
Days on Market12
DirectionsWest of Normandie and south of Melrose. Normandie to go West on Oakwood Ave
Electric Expense0.0
Entry Locationsecond floor
Fuel Expense2760.0
Garage Spaces7.0
Garage Y/NYes
Gross Income140892.0
HOA0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense7284.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashtoNewLoan
Lot Size Square Feet6969.0
MLS Area632 - Highland Park
MaintenanceExpense0.0
MobileHomeRemainsYNNo
Net Operating Income98373.0
New ConstructionNo
Number of Units Leased10
Operating Expense42519.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories2
Street NameOakwood
Tax Lot10
Taxes$24,375
Tenant PaysCableTV, Electricity, Gas
Total Actual Rent11741.0
Total Units10
Trash Expense0.0
Unit Number10
View Y/NNo
Water Sewer Expense8100.0
Waterfront Y/NNo
Year Built1966
Year Built SourceAssessor
ZoningLAR3

Exterior for 4354 Oakwood 10

Building Area Total7578.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre, CornerLot, RectangularLot
Lot Size Acres0.16
Lot Size Area6969.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters10
Number of Separate Gas Meters10
Number of Separate Water Meters1
Open Parking Y/NNo
Pool Charge0.0
SpaNo
Total Parking7.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,950,000
MLS#SR24070347
List Date 04/10/2024
Property Type Multi-Family
Phone 714.964.3311
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*According to the National Association of Realtors