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1238 S La Jolla Ave
For Sale $2,450,000 ($473.89 per Sq Ft)
$2,450,000 ($473.89 per Sq Ft)
- 5 Units
- 5,170 Sq Ft
- 7,078 Sq Ft
- Unknown Cap Rate
Description
Discover this exquisite 5-unit trophy property, located in the heart of Carthay Square. On the market for the first time in over 50 years, this lovingly maintained, family-owned building showcases meticulous attention to detail and a deep respect for its original character. Each unit offers a unique layout, with four light filled one-bedroom apartments featuring beautiful hardwood floors, and a distinctive two-bedroom, 1.5-bath townhouse centrally located within the building. Modernized kitchens and bathrooms blend seamlessly with the property's vintage charm. Residents will appreciate the convenience of detached parking and the prime location, just moments away from the best of Los Angeles. Enjoy easy access to West Hollywood, Beverly Hills, Century City, places of worship, hospitals, renowned restaurants, and more.Please respect the privacy of our tenants and do not disturb them.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $2,450,000 |
| Property Type | Multi-Family |
| Usable Sqft | 5,170 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1940 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 5087010018 |
| MLS # | 24444585 |
| Property ID | 320882124 |
| Lot Sqft | 7,078 |
| Zoning | LARD1.5 |
| Total Units | 5 |
| Days on Market | 88 |
| Original List Price | $2,450,000 |
| Date Updated | November 19, 2024 |
| Date Created | September 24, 2024 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 1 | 1.00 | $2,275 | $2,900 |
| Unit #2 | 2 | 1.50 | $3,228 | $3,300 |
| Unit #3 | 1 | 1.00 | $2,015 | $2,800 |
| Unit #4 | 1 | 1.00 | $2,397 | $3,000 |
| Unit #5 | 1 | 1.00 | $2,760 | $2,800 |
| Gross Income (Yr) | $ 143,234 |
| Operating Expenses | $ 37,515 |
| Net Income (Yr) | $ 142,631 |
Listing Provided By
Jeffrey Young an agent of . Lic #00977617
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