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3421 W 63rd Street, Los Angeles, CA 90043$1,550,000

5
beds
8
baths
4700
ft2
· 11368
ft2 lot
$330 / ft2

Listing provided courtesy of Robert Freedman, NWRE Brokers
Source CRMLS;
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This asset is beautifully situated near transportation corridors, including mass transit, and is only 2.5 miles from So-Fi Stadium in a quiet South LA neighborhood. Fully occupied with strong rents - well maintained. This is a terrific property that should perform very well into the future. Call for a more detailed set-up.

HOA

No HOA

On market

3 months

Year built

1938

Property type

Condo

Parking

9

MLS

SB22190790

Price / Sq.Ft.

$330 / ft2

Status

Active

Buyer’s Brokerage Commission

2.5%

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Home details for 3421 W 63rd Street

Interior Features & Layout
Appliances
•   
Laundry Details: Common Area, See Remarks
•   
Appliances: Dishwasher, Gas Cooktop, Gas Water Heater
•   
Has Appliances
•   
Laundry: 1
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
•   
Room Information: Laundry
•   
Average Studio Area: 525
•   
Average1 Bed Area: 625
Heating & Cooling
•   
Has Heating
•   
Heating Details: Wall Furnace
Flooring
•   
Flooring: Laminate
Interior Size
•   
Building Area Total: 4700.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Assigned, Auto Driveway Gate, Driveway, Concrete, Driveway Level
•   
Garage Spaces: 8.00
•   
Carport Spaces: 1.00
Building Info
•   
Building Area Units: Square Feet
•   
Zoning: R3
•   
Roof: Flat
•   
Stories Total: 2
•   
Num Stories: Two
•   
Year Built Source: Estimated
•   
Construction Materials: Stucco
Lot Info
•   
Lot Features: Lot 10000-19999 Sqft, Rectangular Lot, Near Public Transit
•   
Lot Size Source: Estimated, Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.2610
•   
Lot Size Dimensions: 60 X 189
•   
Lot Size Area: 11368.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 2
•   
Total Units: 8
Property Features
•   
Fencing: Block, Good Condition
•   
Common Walls: No Common Walls
Property Type
•   
Architectural Style: See Remarks
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 8
•   
Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
•   
Number Of Separate Gas Meters: 8
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Assesments Information
•   
Assessments: Unknown
Listing Details, Costs & Financing Information
Financial Info
•   
Operating Expense Percent: 37.00
•   
Tax Area: 212
•   
Garage Income: 5280.00
•   
Gross Operating Income: 123151.00
•   
Land Value Percent: 73.50
•   
Improvements Percent: 26.50
•   
Water Sewer Expense: 8323.00
•   
Tax Annual Amount: 16823.00
•   
Laundry Income: 1200.00
•   
Vacancy Allowance Rate: 2.00
•   
Licenses Expense: 216.00
•   
Maintenance Expense: 10053.00
•   
Pest Control Expense: 325.00
•   
Cap Rate: 4.88
•   
Laundry Equipment Own Lease: Lease
•   
Total Actual Rent: 125664.00
•   
Trash Expense: 262.00
•   
New Taxes Expense: 21875.00
•   
Insurance Expense: 1750.00
•   
Tax Rate: 1.27
•   
Vacancy Allowance: 2513
•   
Professional Management Expense: 6283.00
•   
Total Expenses: 50287.00
•   
Gross Scheduled Income: 125664.00
•   
Maintenance Percent: 10.00
•   
Improvements Amount: 352187
•   
Operating Expense: 50282.00
•   
Gardener Expense: 1200.00
•   
Gross Multiplier: 12.33
•   
Rent Control Yn: 1
•   
Land Value: 964981
Tax/Assessment Info
•   
Gross Income: 125664.00
•   
Tax Year: 2021
Lease Info
•   
Net Operating Income: 72863.00
Listing Info
•   
Status: Active
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 1
•   
Unit 3 Actual Rent: 1246.00
•   
Unit 3 Total Units: 1
•   
Has Attached Garage
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Garage Spaces: 1.00
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 14952.00
Unit 7 Information
•   
Unit 7 Garage Spaces: 1.00
•   
Unit 7 Bathrooms: 1
•   
Unit 7 Actual Rent: 1187.00
•   
Has Attached Garage
•   
Unit 7 Total Units: 1
•   
Unit 7 Total Rent: 14244.00
•   
Unit 7 Furnished Units: Unfurnished
Unit 2 Information
•   
Unit 2 Actual Rent: 1257.00
•   
Unit 2 Bedrooms: 1
•   
Unit 2 Total Units: 1
•   
Has Attached Garage
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Garage Spaces: 1.00
•   
Unit 2 Total Rent: 15084.00
Unit 8 Information
•   
Unit 8 Bathrooms: 1
•   
Unit 8 Garage Spaces: 1.00
•   
Unit 8 Actual Rent: 895.00
•   
Has Attached Garage
•   
Unit 8 Total Units: 1
•   
Unit 8 Total Rent: 10740.00
•   
Unit 8 Furnished Units: Unfurnished
Unit 1 Information
•   
Unit 1 Bedrooms: 1
•   
Unit 1 Total Units: 1
•   
Has Attached Garage
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 1.00
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 1425.00
•   
Unit 1 Total Rent: 17100.00
Unit 4 Information
•   
Unit 4 Actual Rent: 1400.00
•   
Unit 4 Total Units: 1
•   
Has Attached Garage
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 16800.00
•   
Unit 4 Bathrooms: 1
•   
Unit 4 Garage Spaces: 1.00
•   
Unit 4 Bedrooms: 1
Multi Unit Information
•   
Number With Refrigerator: 8
•   
# Of Units: 8
•   
Number With Dishwasher: 8
•   
Number Of Units Leased: 8
•   
Number With Disposal: 8
•   
Number With Range: 8
•   
Price Per Unit: 193750
Unit 5 Information
•   
Unit 5 Actual Rent: 1390.00
•   
Unit 5 Total Units: 1
•   
Has Attached Garage
•   
Unit 5 Furnished Units: Unfurnished
•   
Unit 5 Total Rent: 16690.00
•   
Unit 5 Garage Spaces: 1.00
•   
Unit 5 Bathrooms: 1
•   
Unit 5 Bedrooms: 1
Unit 6 Information
•   
Unit 6 Actual Rent: 1132.00
•   
Has Attached Garage
•   
Unit 6 Total Units: 1
•   
Unit 6 Total Rent: 13584.00
•   
Unit 6 Furnished Units: Unfurnished
•   
Unit 6 Garage Spaces: 1.00
•   
Unit 6 Bathrooms: 1
School Neighborhood & Directions
Location
•   
Community Features: Sidewalks, Street Lights
School Info
•   
Directions: Cross streets: W 623rd St. and Crenshaw Blvd.
Other
Calculation
•   
Dom: 30
•   
Cdom: 30

Neighborhood snapshot

48
Properties for sale
12
Median days on market
$571.94
Median sold price/sqft
110.21%
Sold/List %
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walk score® :

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Property History for 3421 W 63rd Street

11/20/2022
11/20/2022
CRMLS #SB22190790
active
CRMLS #SB22190790
$1,550,000
+3.33%
11/18/2022
11/18/2022
CRMLS #SB22190790
active
CRMLS #SB22190790
$1,500,000
--14.29%
10/23/2022
10/23/2022
CRMLS #SB22190790
pending
CRMLS #SB22190790
$1,750,000
10/12/2022
10/12/2022
CRMLS #SB22190790
active
CRMLS #SB22190790
$1,750,000
09/19/2022
09/19/2022
CRMLS #SB22190790
pending
CRMLS #SB22190790
$1,750,000
See more property history

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