1526 S Wooster St, Los Angeles, CA 90035
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1526 S Wooster St Los Angeles, CA 90035

$2,695,000
  • 12 Beds
  • 10 Baths
  • 6,175 Sq.Ft.
For Sale
$2,695,000 Get Pre-Qualified

Map preview of 1526 S Wooster St, Los Angeles, CA 90035

Property Overview: 1526 S Wooster St Los Angeles, CA has 12 bedrooms, 10 bathrooms, 6,175 living square feet and 6,507 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: *** ATTRACTIVE ASSUMABLE LOAN @ 3.94% FIXED TIL MARCH 2027 *** We are pleased to offer for sale an incredible multifamily asset located at 1526 S. Wooster Street, a 5-Unit, apartment complex situated on a quiet street minute away from Beverly Hills on the northern tip of Pico-Robertson neighborhood. Building has excellent unit mix which includes One (1) three bedroom plus den, Two (2) three bedrooms, One (1) two bedroom and One (1) one bedroom units. 3 units are highly renovated with updated kitchen, bath, hardwood floors and new stainless-steel appliances and washer/dryer. Value-add potential with several units that are paying below market rents in this well-maintained building. Amazing location with high Walk Score and close to many amenities. This rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire an easy to manage turn-key asset in one of the most sought-after rental areas in Los Angeles.

Listed by Iman Eshaghyan | BRE #01494608 | Coldwell Banker Realty
Co-listed by Mina Eshaghyan | BRE #02002883 | Coldwell Banker Realty
Last checked: 8 minutes ago | Last updated: May 14th, 2024 | Source CRMLS | DOM: 5
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Home details

Lot Sq. Ft
6,507
HOA Dues
$0/mo
Year built
1958
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24391701
City
Los Angeles
County
Los Angeles
Time on Site
6 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $3,500
  • Pro Forma/Market Rent: $3,995
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,050
  • Total Rent: $2,050
  • Pro Forma/Market Rent: $3,995
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,070
  • Total Rent: $2,070
  • Pro Forma/Market Rent: $2,795
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $4,000
  • Total Rent: $4,000
  • Pro Forma/Market Rent: $4,295
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,780
  • Total Rent: $1,780
  • Pro Forma/Market Rent: $3,495
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.42%
  • Gross Rent Multiplier: 15.5
  • Gross Scheduled Income: --
  • Net Operating Income: $119,074
  • Gross Operating Income: $168,489
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1526 S Wooster St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, Combination
Laundry Information
  • Has Laundry
  • Dryer Included
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Tandem Garage
Property Information
  • Total # of Units: 5
  • Parcel Number: 4303002030
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: South of Pico Blvd.
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Sale History for 1526 S Wooster St

Last leased for $1,995 on July 16th, 2021
  • May, 2024

  • May 14, 2024

    Date

    Active

    CRMLS: 24391701

    $2,695,000

    Price

  • July, 2021

  • Jul 22, 2021

    Date

    Leased

    CRMLS: 21760194

    $1,995

    Price

  • Jul 16, 2021

    Date

    Pending

    CRMLS: 21760194

    $1,995

    Price

  • Jul 13, 2021

    Date

    Active

    CRMLS: 21760194

    $1,995

    Price

  • Listing provided courtesy of CRMLS

    MUST SEE!!! Luxurious and Completely Renovated bright and spacious 1 bedroom & 1 bath unit with balcony. Unit features wood flooring, recessed lights, granite kitchen counter tops, stainless steel appliances, refrigerator, stove/oven, dishwasher, and microwave. Convenient location just south of Pico Blvd. close to shops, bank, restaurants, coffee shops and everything else you would need.

  • July, 2021

  • Jul 13, 2021

    Date

    Canceled

    CRMLS: 21745636

    $2,395

    Price

  • Jun 7, 2021

    Date

    Active

    CRMLS: 21745636

    $2,395

    Price

  • Listing provided courtesy of CRMLS

    MUST SEE!!! Luxurious and Completely Renovated bright and spacious 1 bedroom & 1 bath unit with balcony. Unit features wood flooring, recessed lights, granite kitchen counter tops, stainless steel appliances, refrigerator, stove/oven, dishwasher, and microwave. Convenient location just south of Pico Blvd. close to shops, bank, restaurants, coffee shops and everything else you would need.

  • April, 2020

  • Apr 24, 2020

    Date

    Leased

    CRMLS: 20566104

    $2,200

    Price

  • Mar 23, 2020

    Date

    Active

    CRMLS: 20566104

    $2,395

    Price

  • Listing provided courtesy of CRMLS

    MUST SEE!!! Luxurious and Completely Renovated bright and spacious 1 bedroom & 1 bath unit with balcony. Unit features wood flooring, recessed lights, granite kitchen counter tops, stainless steel appliances, refrigerator, stove/oven, dishwasher, and microwave. Convenient location just south of Pico Blvd. close to shops, bank, restaurants, coffee shops and everything else you would need.

  • June, 2018

  • Jun 22, 2018

    Date

    Sold (Public Records)

    Public Records

    $2,360,000

    Price

  • June, 2018

  • Jun 22, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1526 S Wooster St

Assessed Value (2020): $2,455,344
Year Land Value Improved Value Assessed Value
2020 $2,184,840 $270,504 $2,455,344

Home Value Compared to the Market

This property vs the competition

1526 S Wooster St is listed 115.6% higher than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $777 and this home is listed at $436.44 per/sqft which puts the price per square foot 43.83% lower than the median price per square foot for the city of Los Angeles.

About 1526 S Wooster St

Detailed summary of property

1526 S Wooster St is a multi family located in Los Angeles, CA 90035 and is currently for sale. This multi family property offers 12 bedrooms, 10 bathrooms, roughly 6,175 living square feet, and sits on an approximately 6,507 square foot lot. 1526 S Wooster St was first listed on ArdentRealEstateGroup.com on May 14, 2024. The homeowner is currently asking $2,695,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $777. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 115.6% higher than the median priced home. Local competing homes currently for sale include 2625 Chariton, 6018 Comey Ave and 6416 W 6th St. While the average home in Los Angeles, CA is selling in 92 days, 1526 S Wooster St has a days on market of 5 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1526 S Wooster St Los Angeles, CA 90035 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1526 S Wooster St

Public county record property details
Beds
12
Baths
10
Year built
1958
Sq. Ft.
6,175
Lot Size
6,504
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
136
APN
4303-002-030

The source for these homes facts are from public records.

90035 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,225,000
Median List Price/Sq.Ft.
$784
Median Sold Price
$1,465,000
Median Sold Price/Sq.Ft.
$843
Total Inventory
59
Median Sale to List Price %
104.64%
Avg Days on Market
35
Loan Type
Conventional (15.38%), FHA (0%), VA (0%), Cash (23.08%), Other (7.69%)

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Related Resources to 1526 S Wooster St

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.