12610 Caswell Ave, Los Angeles, CA 90066
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12610 Caswell Ave Los Angeles, CA 90066

$2,495,000
  • 11 Beds
  • 11 Baths
  • 6,193 Sq.Ft.
For Sale
$2,495,000 Get Pre-Qualified

Map preview of 12610 Caswell Ave, Los Angeles, CA 90066

Property Overview: 12610 Caswell Ave Los Angeles, CA has 11 bedrooms, 11 bathrooms, 6,193 living square feet and 7,116 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Classic mid-century 9-unit apartment building with strong rents and collection history. The building consists of seven -1bedroom 1bath & two -2bedroom 2bath apartments. Soft story retrofit work has been completed. Building offers laundry facilities and 9 parking spaces. Located in the Westside neighborhood of Mar Vista and situated within close proximity to the Silicon Beach tech hub, this area offers access to a vast pool of innovative companies and traditional employers as well as education institutions and government facilities. This creates strong demand for apartments to rent in the area on top of the already acute demand based on the existing housing supply imbalance. This location enjoys convenient access to Marina Del Rey, Playa Del Rey, Venice Beach and Santa Monica. It is close to other Westside communities like Westwood and UCLA, Culver City, Beverly Hills, and the general South Bay area of Los Angeles County. This is a legitimate target for investor capital seeking strong income as the pressure on occupancy expands based on the strong employment base in the area. Please contact the listing agent for more information. PLEASE do not disturb tenants or walk on the property.

Listed by James Gilb | BRE #00998653 | James F. Gilb
Last checked: 8 minutes ago | Last updated: July 2nd, 2024 | Source CRMLS | DOM: 9
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Home details

Lot Sq. Ft
7,116
HOA Dues
$0/mo
Year built
1964
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24405999
City
Los Angeles
County
Los Angeles
Time on Site
9 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,050
  • Total Rent: $2,050
  • Pro Forma/Market Rent: $2,050
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,050
  • Total Rent: $2,050
  • Pro Forma/Market Rent: $2,050
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,050
  • Total Rent: $2,050
  • Pro Forma/Market Rent: $2,050
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,736
  • Total Rent: $1,736
  • Pro Forma/Market Rent: $2,050
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,925
  • Total Rent: $1,925
  • Pro Forma/Market Rent: $2,050
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,066
  • Total Rent: $2,066
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,617
  • Total Rent: $1,617
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,925
  • Total Rent: $1,925
  • Pro Forma/Market Rent: $2,050
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5%
  • Gross Rent Multiplier: 11.8
  • Gross Scheduled Income: --
  • Net Operating Income: $124,780
  • Gross Operating Income: $205,927
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 12610 Caswell Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate
Kitchen Information
  • Has Appliances
  • Disposal
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Rolled/Hot Mop
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 9
  • No
  • Parking Features: None
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 9
  • Parcel Number: 4235005002
  • Year Built Source: Assessor
  • Architectural Style: Mid Century Modern
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: South of Venice Blvd, west of Centinela Ave, east of Wade Street
View more facts & features

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Sale History for 12610 Caswell Ave

Last sold on April 12th, 2018
  • June, 2024

  • Jun 24, 2024

    Date

    Active

    CRMLS: 24405999

    $2,495,000

    Price

  • April, 2018

  • Apr 12, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 2013

  • Apr 9, 2013

    Date

    Sold (Public Records)

    Public Records

    $1,540,000

    Price

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Tax History for 12610 Caswell Ave

Assessed Value (2020): $1,734,010
Year Land Value Improved Value Assessed Value
2020 $1,013,383 $720,627 $1,734,010

Home Value Compared to the Market

This property vs the competition

12610 Caswell Ave is listed 107.92% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $402.87 per/sqft which puts the price per square foot 47.81% lower than the median price per square foot for the city of Los Angeles.

About 12610 Caswell Ave

Detailed summary of property

12610 Caswell Ave is a multi family located in Los Angeles, CA 90066 and is currently for sale. This multi family property offers 11 bedrooms, 11 bathrooms, roughly 6,193 living square feet, and sits on an approximately 7,116 square foot lot. 12610 Caswell Ave was first listed on ArdentRealEstateGroup.com on June 24, 2024. The homeowner is currently asking $2,495,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 107.92% higher than the median priced home. Local competing homes currently for sale include 11311 Pearl St, 3631 Motor Ave and 3754 Vinton Ave. While the average home in Los Angeles, CA is selling in 100 days, 12610 Caswell Ave has a days on market of 9 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 12610 Caswell Ave Los Angeles, CA 90066 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 12610 Caswell Ave

Public county record property details
Beds
11
Baths
11
Year built
1964
Sq. Ft.
6,193
Lot Size
7,113
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
158
APN
4235-005-002

The source for these homes facts are from public records.

90066 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,199,000
Median List Price/Sq.Ft.
$1,000
Median Sold Price
$2,037,000
Median Sold Price/Sq.Ft.
$1,103
Total Inventory
125
Median Sale to List Price %
102.11%
Avg Days on Market
25
Loan Type
Conventional (11.11%), FHA (0%), VA (0%), Cash (13.89%), Other (11.11%)

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Related Resources to 12610 Caswell Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.