1138 Cardiff Avenue Los Angeles, CA ^$ 2,250,000

1138 Cardiff Avenue

^$ 2,250,000

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1138 Cardiff Avenue

Los Angeles, CA, 90035

^$ 2,250,000

Bedrooms9 Baths9.0 Sq 6,338

Monthly Estimate*

^$ 14,954

Listed by Lyon Stahl Investment Real Estate, Inc.

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1138 Cardiff Avenue, Los Angeles, CA 90035 - Image 10

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Multi-Family Home for sale in Los Angeles, CA

for $2,250,000 with 9 bedrooms and 9 full baths. This 6,338 square foot home was built in 1954 on a lot size of 0.1395.

Fantastic 7-unit investment property located in Los Angeles, directly adjacent to Beverly Hills. The building features 7 units and 6,338 square feet of living area in total, with (5) 1-bed / 1-bath units & (2) 2-bed / 2-bath units. The building also includes a community laundry area and parking for up to 6 vehicles. Additionally, the soft story retrofit has been completed and earthquake gas shut off valves have already been installed. 1138 Cardiff Ave provides savvy investors the opportunity to capitalize on over 45% upside on the current rents. Offered at a competitive basis, this property is nestled in one of the highest demand pockets of the Pico-Robertson neighborhood, directly adjacent to prime Beverly Hills.

Multi-Family Active

Price

^$ 2,250,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1395

Year Built

1954

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24389431

Days on Market

Features

General

Heating NaturalGas

Cooling None

Zoning LAR3

Year Built 1954

Stories 2

Levels Two

Gross Income 152347.0

County Los Angeles

Net Operating Income 87435.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status ActiveUnderContract

Directions On Cardiff Ave just north of Pico Blvd. One block South of Beverly Hills City limits.

City Los Angeles

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 7

MLS Area C09 - Beverlywood Vicinity

Lot Size Units SquareFeet

Lot Size Square Feet 6076.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 41

Standard Status ActiveUnderContract

Cap Rate 3.89

Exterior

Parking Features Concrete Covered

Total Parking 6.0

Lot Size Area 6076.0

Number of Buildings 1

Spa N

Building Area Total 6338.0

Lot Size Acres 0.1395

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Laundry Features CommonArea

Total Bedrooms 9

Electric On Property Y/N N

Total Baths 9

Internal Only

Street Number 1 1138

* Excluded Features

List By

Lyon Stahl Investment Real Estate, Inc.

Broker

(310) 230-5157

Phone

Affordability Calculator

$14,954

Per Month

Monthly Principal & Interest: $14,954
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 ^$1,990,131

Percent of Sale Price 12%

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
6/5/2024	$2,250,000	-4.26%	Price Down
5/29/2024	$2,350,000	-2.08%	Price Down
5/8/2024	$2,400,000		Listed Price

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1138 Cardiff Avenue, Los Angeles, CA, 90035 is a Multi-Family Home for sale at $2,250,000 with 6,338 sqft and a lot size of 0.1395. 1138 Cardiff Avenue has 9 bedrooms, 9.0 baths, and was built in 1954. The property's zip code is 90035 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 6/21/2024. 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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1138 Cardiff Avenue

Multi-Family Home for sale in Los Angeles, CA

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