1548 Micheltorena Street Los Angeles, CA ^$ 2,995,000

1548 Micheltorena Street

^$ 2,995,000

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Recently Listed New Construction

1548 Micheltorena Street

Los Angeles, CA, 90026

^$ 2,995,000

Bedrooms4 Baths6.0 Sq 3,770

Monthly Estimate*

^$ 19,906

Listed by Barbano Realty

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Multi-Family Home for sale in Los Angeles, CA

for $2,995,000 with 4 bedrooms and 6 full baths. This 3,770 square foot home was built in 1923 on a lot size of 0.1722.

Unparalleled quality. Stabilized rent. Over-The-Top Renovation. Crisp & Refined from every angle. Secured access property. Automatic Gate, automatic pedestrian door. Outdoor space. Each bungalow has Central HVAC, Vintage fixtures & hardware, Solid Doug Fir cabinets & trim. Quarter sawn Oak floors. Built-in Bars w/backlit Stained glass, Built-in Cabinets, Custom shelving in closets. Sunlight refracting antique style glass windows. Custom stained glass in bath windows, Subzero refrigerators, Dishwashers, washer/dryers in each unit. Tankless water heaters. Restored O'Keefe & Merritt gas stoves. Private separate finished offices at rear of property, 1 for each unit. Nest thermostats, Malibu style tiles, Decorative Batchelder style faux fireplace. No house meters! 6 electrical meters, 6 gas meters, 6 water meters. Electric charging avail for every parking space.

Multi-Family Active

Price

^$ 2,995,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Spanish

Lot Size

0.1722

Year Built

1923

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24391907

Days on Market

Features

General

Interior Features Balcony CrownMolding CathedralCeilings Storage Bar

Sewer Other

Heating Central NaturalGas

Cooling CentralAir

Appliances Dishwasher GasCooktop Disposal GasOven Refrigerator Dryer Washer

Zoning LARD1.5

Architectural Style Spanish

Security Features SecurityGate KeyCardEntry

Year Built 1923

Tenant Pays Electricity Gas TrashCollection Water

View CityLights

Stories 1

Levels One Two

Gross Income 232200.0

County Los Angeles

Net Operating Income 197973.0

Insurance Expense 6400.0

New Construction Y

Property Type ResidentialIncome

Association Amenities ControlledAccess PicnicArea

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions 1 block North of Sunset on Micheltorena

City Los Angeles

Disclosures RentControl SellerDisclosure

View Y/N Y

Senior Community Y/N N

NumberOfUnitsTotal 6

MLS Area C21 - Silver Lake - Echo Park

Lot Size Units SquareFeet

Lot Size Square Feet 7502.0

Private Pool N

Waterfront Y/N N

Carport Y/N Y

Number of Units Leased 6

Street Name Micheltorena

Listing Terms Cash

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 Y

Days on Market 16

Standard Status Active

Year Built Source Assessor

Taxes 17236.0

Cap Rate 6.0

Interior

Flooring Wood

Fireplace Features Decorative

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Window Features Drapes Screens

Fireplace Y/N Y

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Street

Laundry Features Stacked

Total Bedrooms 4

Electric On Property Y/N N

Total Baths 6

Exterior

Parking Features Covered DetachedCarport Gated Paved

Total Parking 6.0

Lot Size Area 7502.0

Number of Buildings 5

Spa N

Building Area Total 3770.0

Lot Dimensions 50x150

Lot Size Acres 0.1722

Lot Size Source Assessor

Number of Separate Water Meters 6

Number of Separate Gas Meters 6

Number of Separate Electric Meters 6

Other Equipment Intercom

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 1548

* Excluded Features

List By

Barbano Realty

Broker

(323) 394-2447

Phone

Affordability Calculator

$19,906

Per Month

Monthly Principal & Interest: $19,906
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

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 ^$1,985,860

Percent of Sale Price 34%

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
5/29/2024	$2,995,000	-3.23%	Price Down
5/21/2024	$3,095,000	-3.13%	Price Down
5/15/2024	$3,195,000		Listed Price

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1548 Micheltorena Street, Los Angeles, CA, 90026 is a Multi-Family Home for sale at $2,995,000 with 3,770 sqft and a lot size of 0.1722. 1548 Micheltorena Street has 4 bedrooms, 6.0 baths, and was built in 1923. 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 6/1/2024. 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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1548 Micheltorena Street

Multi-Family Home for sale in Los Angeles, CA

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