11370 Ovada Place

    Los Angeles (City), CA 90049
    • $2,995,000
    • STATUS: Active Under Contract
    • ON SITE: 51 days
    • MLS #: 19476346
    Under Contract
    UPDATED: 75 min ago
    $2,995,000
    • 7
      BEDS
    • 0.3
      ACRES
    • 6
      BATHS
    • 0
      1/2 BATHS
    • 5,341
      SQFT
    • $561
      $/SQFT
    Type:
    Multi-Family
    Built:
    1947
    County:

    School Ratings & Info

    Description

    Originally built in 1947, this rare Bel Air 4-plex (5,341 sq ft on a 13,080 sq ft lot) has a 3 bedroom/3 bath owner's unit (to be delivered vacant as of September 23rd) which has a private brick backyard, basement and tithe barn. The tithe barn is a separate structure comprised of a private oversized two-car garage, office and storage above. The 3rd structure is a laundry room and bathroom with another two-car garage attached. On the 1st level, there is also a cottage style 1 bedroom unit (1 car garage) loaded with charm with a large garden in the back and along the West side of the property. Upstairs, there is a 2 bedoom/2 bathroom unit with a covered patio with a private two-car garage. Also, there is a 2 bedroom/1 bathroom plus den with a partial covered patio with a laundry that comes with a 1 car garage. Perfect for owner user or developer. First time on the market in 40 years. All tenants are on a month to month leases. Low expenses.

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    Based on information from CARETS as of 2019-10-20T09:44:02.867. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.jelmbergteam.com/homes/98454755

    11370 Ovada Place Los Angeles (City), CA 90049

    • Price: $2,995,000
    • Status: Active Under Contract
    • Updated: 75 min ago
    • MLS #: 19476346
    7
    Beds
    6
    Baths
    0
    ½ Baths
    0.3
    Acres
    5,341
    SQFT
    $561
    $/SQFT
    1947
    Built
    Neighborhood:
    Bel Air - Holmby Hills (C04)
    County:
    Los Angeles
    Area:
    Bel Air - Holmby Hills (C04)
    Property Description
    Originally built in 1947, this rare Bel Air 4-plex (5,341 sq ft on a 13,080 sq ft lot) has a 3 bedroom/3 bath owner's unit (to be delivered vacant as of September 23rd) which has a private brick backyard, basement and tithe barn. The tithe barn is a separate structure comprised of a private oversized two-car garage, office and storage above. The 3rd structure is a laundry room and bathroom with another two-car garage attached. On the 1st level, there is also a cottage style 1 bedroom unit (1 car garage) loaded with charm with a large garden in the back and along the West side of the property. Upstairs, there is a 2 bedoom/2 bathroom unit with a covered patio with a private two-car garage. Also, there is a 2 bedroom/1 bathroom plus den with a partial covered patio with a laundry that comes with a 1 car garage. Perfect for owner user or developer. First time on the market in 40 years. All tenants are on a month to month leases. Low expenses.
    Exterior Features

    Covered Spaces Total 6 Garage Spaces Total 4.0 Parking Spaces Total 8 Parking Type AssignedGarage - Single DoorGarage - Two DoorParking For Guests - Onsite

    Interior Features

    Appliances DishwasherGarbage DisposalGas Dryer Hookup Cooking Appliances Built-InsRange HoodRange Cooling Type Air ConditioningCentral A/CWall Unit(S) Heating Type Central Furnace Total Floors 2 Unit Furnished01 Unfurnished Unit Furnished02 Furnished Unit Furnished03 Furnished Unit Furnished04 Furnished Unit Furnished05 Partially Unit Furnished06 Partially Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 3.0 Unit Number Of Bath02 1.0 Unit Number Of Bath03 2.0 Unit Number Of Bath04 1.0 Unit Number Of Bed01 3 Unit Number Of Bed02 2 Unit Number Of Bed03 2 Unit Number Of Bed04 1

    Property Features

    Actual Annual Gross Rent 144000.00 Adjusted Gross Income 165062.00 Assessed Improvement Value 171820.00 Assessed Land Value 471849.00 Cap Rate 4.00 Country United States Of America Expense Total Annual 46200.00 Gross Operating Income 165062.00 Gross Rent Multiplier 18.15 Hoa YN N Legal Disclosures Take Property As IsRent Control Lot Size Source Public Records Net Operating Income 118800.00 Number Of Buildings 3 Special Conditions Standard Sale Square Footage Source Vendor Enhanced Unit Monthly Rent01 7500.00 Unit Monthly Rent02 2343.25 Unit Monthly Rent03 2731.56 Unit Monthly Rent04 1180.38 Unit Projected Total Monthly Rent01 7500.00 Unit Projected Total Monthly Rent02 3500.00 Unit Projected Total Monthly Rent03 3750.00 Unit Projected Total Monthly Rent04 2250.00 Unit Total Monthly Rent01 1000.00 Unit Total Monthly Rent02 2343.25 Unit Total Monthly Rent03 2731.56 Unit Total Monthly Rent04 1180.38 Unit Type01 1 Unit Type02 1 Unit Type03 1 Unit Type04 1 Units Total In Complex 4 Zoning Lard1.5

    Listing provided courtesy of Gwen Fritzinger DRE#01293667 of Compass.


    Based on information from CARETS as of 2019-10-20T09:44:02.867. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
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