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SOLD 7/2/2021

6933 Glasgow Avenue, Los Angeles, CA 90045$1,645,000

9
beds
5
baths
3491
ft2
· 7434
ft2 lot
$471 / ft2

Listing provided courtesy of Listing Broker: Anoop Garg, The Real Estate Consultants Westside Inc.
Source CRMLS;
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New Price. Not much for sale Rare opportunity 4Plex in prime location. Rear 2 story Owner's home 3 bed 2 bath with big private yard. front 3 unit building all 2 Bed 1 bath units. Light & bright units with lots of windows. 'Caringly Hands-on owner- managed', fully occupied, all paying, quality tenants. Long term tenants, Huge upside in rent for new owner to keep increasing the cash flow. On site 5 parking include 3 single garages. 1 Garage for owner. Very Easy to manage by any owner with Low maintenance & Low Expenses. Tenants pay electric, Gas & Trash. owner pays Water & gardener only. Upgrades Include Mostly copper plumbing, All new double pane windows. Hardwood Floors. Prime Westchester Triangle area going thru lots of new development. LAR3 Zoning, Buyer to independently verify & Rely on, per L A city Build 9 units 'By Right' & 13 units due to transportation bonus zoning. Pride of ownership, Always in demand Low vacancy area. Proforma rents could give $132,000 per year income giving a Low 12.5 GRM. Convenient Central location giving easy access to LAX, 405 FWY, La Cienega and westside, South bay & Eastside Amenities. One Garage New owner can keep it or rent it out at $150-200/Mo.

HOA

$—/month

On market

2 months

Year built

1950

Property type

Multi-Family

Parking

5

MLS

IN21074357

Price / Sq.Ft.

$471 / ft2

Status

Closed

Home details for 6933 Glasgow Avenue

Interior Features & Layout
Appliances
•   
Laundry Details: Inside
•   
Appliances: Self Cleaning Oven, Free-Standing Range, Disposal, Gas Range, Gas Water Heater, Range Hood, Water Heater
•   
Has Appliances
•   
Laundry: 1
Interior Features
•   
Electric Details: Electricity - On Property
•   
Interior Features: Balcony, Block Walls, Built-in Features, Cathedral Ceiling(s), Copper Plumbing Partial, Tile Counters
•   
Window Features: Casement Windows, Double Pane Windows, Low Emissivity Windows, Screens
•   
Door Features: Service Entrance
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: Center Hall, Kitchen, Living Room, Master Bedroom
Fireplace Info
•   
Has Fireplaces
•   
Fireplace Details: Living Room
Heating & Cooling
•   
Has Heating
•   
Heating Details: Central, Floor Furnace, Wall Furnace
Interior Size
•   
Building Area Total: 3491.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Assigned, Attached Carport, Driveway, Paved, Garage, Garage - Single Door, Private
•   
Garage Spaces: 3.00
•   
Uncovered Spaces: 1.00
•   
Carport Spaces: 1.00
Community Info
•   
Road Frontage Type: City Street
•   
Road Surface Type: Paved
•   
Number Of Buildings: 2
•   
Total Units: 4
Property Features
•   
View: Neighborhood
•   
Fencing: Block, Vinyl, Wood
•   
Property Condition: Building Permit
•   
Common Walls: 1 Common Wall
Building Info
•   
Building Area Units: Square Feet
•   
Zoning: LAR3
•   
Roof: Composition
•   
Stories Total: 2
•   
Num Stories: Two
•   
Year Built Source: Assessor
•   
Construction Materials: Drywall Walls
Lot Info
•   
Lot Features: Front Yard, Garden, Near Public Transit, Yard
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.1707
•   
Lot Size Area: 7434.0000
•   
Lot Size Units: Square Feet
Property Type
•   
Architectural Style: Contemporary
Exterior Features
•   
Direction Faces: East
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 4
•   
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
•   
Number Of Separate Gas Meters: 4
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Water Sewer Expense: 3600.00
•   
Supplies Expense: 0.00
•   
Workmans Compensation Expense: 0.00
•   
Pest Control Expense: 0.00
•   
Cap Rate: 5.00
•   
Total Actual Rent: 7878.00
•   
Fuel Expense: 0.00
•   
Trash Expense: 0.00
•   
New Taxes Expense: 22740.00
•   
Insurance Expense: 1500.00
•   
Professional Management Expense: 0.00
•   
Pool Expense: 0.00
•   
Total Expenses: 29040.00
•   
Gross Scheduled Income: 94536.00
•   
Operating Expense: 29040.00
•   
Gardener Expense: 1200.00
•   
Gross Multiplier: 12.50
•   
Rent Control Yn: 1
•   
Furniture Replacement Expense: 0.00
Tax/Assessment Info
•   
Gross Income: 94536.00
•   
Tax Year: 2020
•   
Taxes: 6442.0
Lease Info
•   
Net Operating Income: 65496.00
Listing Info
•   
Status: Closed
Other
•   
Electric Expense: 0.00
•   
Cable Tv Expense: 0.00
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 2
•   
Unit 3 Actual Rent: 1719.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Garage Spaces: 1.00
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 1719.00
Unit 2 Information
•   
Unit 2 Actual Rent: 1995.00
•   
Unit 2 Bedrooms: 2
•   
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: 1995.00
Unit 1 Information
•   
Unit 1 Bedrooms: 3
•   
Unit 1 Total Units: 1
•   
Has Attached Garage
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 1.00
•   
Unit 1 Bathrooms: 2
•   
Unit 1 Actual Rent: 2295.00
•   
Unit 1 Total Rent: 2295.00
Unit 4 Information
•   
Unit 4 Actual Rent: 1719.00
•   
Unit 4 Total Units: 1
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 1719.00
•   
Unit 4 Bathrooms: 1
•   
Unit 4 Garage Spaces: 1.00
•   
Unit 4 Bedrooms: 2
Multi Unit Information
•   
# Of Units: 4
•   
Number Of Units Leased: 4
•   
Number With Disposal: 4
•   
Number With Range: 4
School Neighborhood & Directions
Location
•   
Community Features: Biking, Sidewalks
School Info
•   
Directions: East of 405 and south of La Tijera
Other
Calculation
•   
Dom: 63
•   
Cdom: 91

Neighborhood snapshot

39
Properties for sale
10
Median days on market
$795.38
Median sold price/sqft
102.57%
Sold/List %
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Property History for 6933 Glasgow Avenue

07/02/2021
07/02/2021
Public Record
sold
Public Record
$1,645,000
06/11/2021
06/11/2021
CRMLS #IN21074357
pending
CRMLS #IN21074357
$1,645,000
05/22/2021
05/22/2021
CRMLS #IN21074357
active
CRMLS #IN21074357
$1,645,000
--0.24%
04/23/2021
04/23/2021
CRMLS #IN21074357
active
CRMLS #IN21074357
$1,649,000
--0.06%
04/09/2021
04/09/2021
CRMLS #IN21074357
active
CRMLS #IN21074357
$1,650,000
+378.26%
See more property history

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