1818 Whitley Avenue
Los Angeles, CA 90028
MLS #SR18008022

Income
  • 20units
  • 12,232sq ft
Active Under Contract $4,150,000
Est. P&I payment: $15850.19/mo
1818 Whitley Avenue, Los Angeles, CA 90028
  • 1818 Whitley Avenue, Los Angeles, CA 90028 Photo 1
  • 1818 Whitley Avenue, Los Angeles, CA 90028 Photo 2
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Description for 1818 Whitley Avenue, Los Angeles, CA 90028
This 20-Unit apartment building consists of 15-studio apartment units and 5 one bedroom units. 17 out of the 20 total unit have been remodeled, 3 units are original. This apartment building is 12,232 sq. ft. on a 9,301 sg. ft. lot. Located in the heart of classic Hollywood, near historic landmarks such as Hollywood/Highland, Kodak Theater, Hollywood Bowl, El Capitan Theater, Chinese Theater, Franklin Village, The Metro Line and shops & restaurants.
MLS #SR18008022
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My Notes for MLS #SR18008022

General Features

  • Number Of Buildings: 1
  • Number Of Units Total: 20
  • Year Built: 1923
  • Zoning: LAR4
  • Elevation Units: Feet

Exterior Features

  • Roof: Composition,​Flat
  • Stories Total: 2
  • Lot Features: Lot 6500-9999
  • Lot Size SqFt: 9,301
  • Lot Size Units: Square Feet
  • Accessibility Features: None
  • Parking YN: 1
  • Parking Features: Driveway
  • Pool Features: None
  • Common Walls: 2+ Common Walls
  • Property Attached YN: 1

Interior Features

  • Flooring: Carpet
  • Levels: Two
  • Fireplace Features: None
  • Average 1Bed Area Units: Square Feet
  • Average 2Bed Area Units: Square Feet
  • Average 3Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet

Utility Features

  • Cooling YN: 1
  • Cooling: Wall Window
  • Heating YN: 1
  • Heating: Wall Heater
  • Laundry YN: 1
  • Laundry Features: Community
  • Security Features: Carbon Monoxide Detector(s),​Resident Manager
  • Water Source: Public
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Appliances YN: 1
  • Appliances: Dishwasher,​Gas Range,​Refrigerator
  • Number Of Separate Electric Meters: 20
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Financial Features

  • CapRate: 18
  • Electric Expense: 2,936
  • Gross Scheduled Income: 223,463
  • Insurance Expense: 7,013
  • Net Operating Income: 156,590
  • Operating Expense: 66,873
  • Price Per SqFt: 339.27
  • Professional Management Expense: 8,100
  • Total Expenses: 64,373
  • Trash Expense: 3,144
  • Water Sewer Expense: 6,800
  • Tax Lot: 8
  • Gross Income: 223,463
  • Gross Multiplier: 3.2
  • New Taxes Expense: 51,875
  • Rent Control YN: 1

Community Features

  • Community Features: Urban

Miscellaneous Features

  • Building Area Total: 12,232
  • Building Area Units: Square Feet
  • Days On Market: 7
  • Special Listing Conditions: Standard
  • Cumulative Days On Market: 7
  • Tax Census Tract: 1,902.02

Location

 
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Directions to 1818 Whitley Avenue, Los Angeles, CA 90028
North of Hollywood Blvd, East of Highland Ave.
Listing information for 1818 Whitley Avenue, Los Angeles, CA 90028 was graciously provided by our friends at the listing brokerage, First Class Real Estate and by listing agent Dolan Jon DRE# 01872197

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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Alliance Realty's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Alliance Realty, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 01/19/2018 at 8:29pm
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