Los Angeles CA Commercial for Sale

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Type:
Other
Sq.Ft.:
7,540
Status:
Active
Beds:
n/a
Lot size:
0.19 Acres
Year built:
1962
Baths:
MLS#:
SR24117210

ADDITIONAL INFORMATION

Sawtelle neighborhood 10 unit residential apartment building with solid income and great tenants. Many units have been remodeled and upgraded to have hardwood floors and window A/C units. Located in the heart of West LA's Sawtelle neighborhood with access to shops, restaurants, UCLA and SMC and the 405/10 freeways. Property has been reinforced to comply with City of Los Angeles soft story earthquake upgrades. Pool, open area, laundry machines on site as well as 12 parking spaces (including 6 tandem.) Existing $1.4M 5 year loan at approximately 3% APR is assumable subject to lender fees and qualifications. Please do not disturb occupants and contact site manager for additional information. Showings on accepted offer only. Buyer to cooperate with Seller's 1031 exchange.

Type:
Other
Sq.Ft.:
3,630
Status:
Active
Beds:
n/a
Lot size:
0.1 Acres
Year built:
1942
Baths:
MLS#:
SR24117208

ADDITIONAL INFORMATION

Prime Sawtelle neighborhood 7 unit apartment building located in the heart of West Los Angeles with easy access to the freeways, UCLA and Santa Monica College. Fully rented with good, responsible tenants. Building was originally built in the 1940s and then upgraded to a 5 unit in the 1960 and converted to a 7 unit building in 2023. Great unit mix with 9 tandem parking spaces and laundry room and machines on site. Low maintenance and upgraded in 2014 to conform to L.A. City's soft story earthquake reinforcement standards. Existing five year $900K mortgage at approximately 3% APR assumable subject to lender fee and qualifications. Showings on accepted offer only. Please do not disturb occupants. Call listing contact for additional information. Buyer to cooperate with Seller's 1031 exchange.

Type:
Other
Sq.Ft.:
7,697
Status:
Active
Beds:
n/a
Lot size:
0.18 Acres
Year built:
1961
Baths:
MLS#:
SR24117207

ADDITIONAL INFORMATION

9 unit residential income property located in the heart of the Sawtelle neighborhood of West Los Angeles. Fully occupied with good upside potential. Gated building with 12 parking spaces, including 4 tandem spaces. Many units have been remodeled with hardwood floors and newer appliances. Easy access to the 405/10 freeways and ideal for UCLA/SMC students. Building has not had a vacancy in almost 10 years due to high demand for rentals in the area. Please contact for Offering Memorandum and questions. Please do not enter property or disturb occupants. Buyer to cooperate with Seller's 1031 exchange. Existing $1.4M loan at 3% APR is assumable subject to fees and lender qualifications.

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Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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Los Angeles Real Estate

The median home value in Los Angeles, CA is $681,800. This is higher than the county median home value of $607,000. The national median home value is $219,700. The average price of homes sold in Los Angeles, CA is $681,800. Approximately 34.45% of Los Angeles homes are owned, compared to 59.14% rented, while 6.42% are vacant. Los Angeles real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Los Angeles real estate agent to arrange a tour today!

Los Angeles, California 90025 has a population of 3,949,776. Los Angeles 90025 is less family-centric than the surrounding county with 28.74% of the households containing married families with children. The county average for households married with children is 32.35%.

The median household income in Los Angeles, California 90025 is $54,501. The median household income for the surrounding county is $61,015 compared to the national median of $57,652. The median age of people living in Los Angeles 90025 is 35.2 years.

Los Angeles Weather

The average high temperature in July is 83.7 degrees, with an average low temperature in January of 46.4 degrees. The average rainfall is approximately 16.7 inches per year, with 0 inches of snow per year.

Los Angeles Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    197
    30-day change

Los Angeles Schools and Demographics

Education near Los Angeles, CA

Metric City County
High School Graduates 76.42 78.16
College Degree - 2 year 6.07 6.92
College Degree - 4 year 33.02 31.23
Graduate Degree 7.24 7.25
Expenditures per Student 12,807 11,954
Students per Teacher 23.6 24.1

Elementary Schools near Los Angeles, CA

School Grades Students P/T Ratio ZIP
Brockton Avenue Elementary School KG - 05 222 18.5 90025
Edison Elementary School KG - 05 449 24.9 90404
Fairburn Avenue Elementary School KG - 05 459 24.8 90024
Franklin Elementary School KG - 05 818 24.8 90403
McKinley Elementary School KG - 05 499 21.7 90404
Nora Sterry Elementary School KG - 05 329 21.9 90025
Overland Avenue Elementary School KG - 05 509 24.2 90064
Richland Avenue Elementary School KG - 06 223 20.3 90064
Roosevelt Elementary School KG - 05 831 23.7 90403
Warner Avenue Elementary School KG - 05 657 22.3 90024
Westwood Charter Elementary KG - 05 883 24.5 90025

Middle Schools near Los Angeles, CA

School Grades Students P/T Ratio ZIP
City Charter Middle 06 - 08 349 24.4 90064
Daniel Webster Middle School 06 - 08 454 15.1 90064
Emerson Community Charter 06 - 08 533 23.2 90024
Lincoln Middle School 06 - 08 1,027 22.8 90403

High Schools near Los Angeles, CA

School Grades Students P/T Ratio ZIP
University Senior High School 09 - 12 1,763 24.3 90025

Ungraded Schools near Los Angeles, CA

School Grades Students P/T Ratio ZIP
Magnolia Science Academy 4 School 06 - 12 234 23.4 90064
New West Charter School 06 - 11 751 20.9 90025

Demographics near Los Angeles, CA 90025

Metric Zip Code City
Neighborhood Type Inner City
Population 3,949,776 10,105,722
Population Density 8,428 2,490
Median Age 35.2 36
People per Household 2.8 3
Median Household Income 54,501 61,015
Average Income per Capita 31,563 30,798