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    1/2 BATHS
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Listing Details

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MLS #
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School Ratings & Info

Description

Alma Del Pueblo is a six-unit property located in the heart of Mid-City. Mid-City is one of the hottest new submarkets of Los Angeles as its undergoing rapid growth and urbanization. Over the last four years, numerous new ground-up development projects have been completed, apartment owners have begun to extensively rehab their buildings, and single-family residences continue to be purchased by millennials looking for an affordable solution to LA urban living. The transformation of this area will continue to bring new retail and entertainment options, and transform a once sleepy bedroom community into a vibrant city-like community with walkable and bikeable streets, and improved services surrounding major transit hubs. Located at 1663 West Blvd, this six-unit apartment building was built in 1921 and features 3,997 square-feet of improvements on a 6,999 square-foot lot. The property features a unit mix of five one-bedroom and one-bath units that have an average living area of 615 square feet, and one three-bedroom and one-bath unit that has a living area of 900 square feet

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-20T23:42:31.727. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.jelmbergteam.com/homes/118591743
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1663 West Blvd Los Angeles, CA 90019

  • Price: $1,300,000
  • Status: Active
  • Updated: 11 min ago
  • MLS #: 21-751974
8
Beds
0
Baths
0
½ Baths
0.16
Acres
3,997
SQFT
$325
$/SQFT
1921
Built
Neighborhood:
Mid Los Angeles
County:
Los Angeles
Area:
Mid Los Angeles
Property Description
Alma Del Pueblo is a six-unit property located in the heart of Mid-City. Mid-City is one of the hottest new submarkets of Los Angeles as its undergoing rapid growth and urbanization. Over the last four years, numerous new ground-up development projects have been completed, apartment owners have begun to extensively rehab their buildings, and single-family residences continue to be purchased by millennials looking for an affordable solution to LA urban living. The transformation of this area will continue to bring new retail and entertainment options, and transform a once sleepy bedroom community into a vibrant city-like community with walkable and bikeable streets, and improved services surrounding major transit hubs. Located at 1663 West Blvd, this six-unit apartment building was built in 1921 and features 3,997 square-feet of improvements on a 6,999 square-foot lot. The property features a unit mix of five one-bedroom and one-bath units that have an average living area of 615 square feet, and one three-bedroom and one-bath unit that has a living area of 900 square feet
Exterior Features

Lot Size Area 7000 Other Structures None Parking Garage Attached Total Parking 4

Interior Features

Baths Total 6.00 Cooling Wall/Window Equipment None Heating Wall

Property Features

Assessed Total Value 493110 Gross Income 79024 Gross Operating Income 79024 Like Units1 5 Like Units2 1 Net Operating Income 44095.00 Number Of Buildings 1 Number Of Units 6 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 35562 Type Of Units Apartments Year Built Source Vendor Enhanced Zoning Lard1.5

Listing provided courtesy of Adam Zunder DRE#01821053 of Iconic Investments.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-20T23:42:31.727. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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The Jelmberg Team | Keller Williams
39-575 Washington Street, Suite #105
Palm Desert CA, 92211