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2016 Vista Del Mar St, Los Angeles, CA 90068
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2016 Vista Del Mar St Los Angeles, CA 90068

$4,250,000
  • 7 Beds
  • 7 Baths
  • 4,492 Sq.Ft.
For Sale
$4,250,000 Get Pre-Qualified
Map preview of 2016 Vista Del Mar St, Los Angeles, CA 90068

Property Overview: 2016 Vista Del Mar St Los Angeles, CA has 7 bedrooms, 7 bathrooms, 4,492 living square feet and 12,267 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: $550,000 REDUCTION!! Welcome to 2016 Vista Del Mar, a boutique collection of 6 newly reimagined bungalows in the Hollywood Hills. AIH Development presents a modern take on LA's quintessential courtyard residences, providing a best-in-class turnkey investment property for a discerning portfolio. Behind a sleek exterior of custom milled cedarwood and iron fencing, with keyless entry, automatic driveway gate, and Door Bird guest communications system, the residences are centered around a serene landscaped and lighted courtyard. With a muted palette and clean architecture, four traditional 1 bedroom bungalows are each equipped with their own unique outdoor spaces ranging from side patios to private grassy yard spaces. A spacious 2 bedroom, 2.5 bathroom "Owner's Unit" is large standalone home, and a private 1 bedroom + office unit offers a lovely flow and private back yard. No expense was spared in the modernization of this community. From stucco to windows, doors, roofs, water lines, sewer, electrical, and HVAC, each structure has been meticulously rebuilt with energy efficiency, longevity, and ease of maintenance in mind. The interiors provide a luxe and elevated style of living, with 7" wide white oak engineered hardwood flooring, shadow box moldings, custom window treatments and solid wood Dutch doors. Finishes surprise and delight, showcasing a rare attention to detail and quality. Kitchens feature Caesarstone countertops, custom white oak cabinetry with soft close drawers, Bosch and GE Cafe appliances. The bathrooms offer Grohe and Toto fixtures with playful designer tile. Each unit is complete with custom millwork closets, LG washers and dryers, along with individual Post Alarm systems and energy efficient central HVACs. Covered parking for 7 vehicles features EV charging capabilities individually metered for each unit. An incredibly rare trophy property for investors seeking for top-rate market rents, steady cash flow, and easy maintenance. Nestled on a quiet street just north of Franklin Ave. at the base of the Hollywood Hills, you are moments from Franklin Village, Gelson's Market, shopping, the 101 freeway, offices, restaurants, and entertainment in Hollywood, and miles of trails and recreation in Griffith Park.

Listed by Courtney Pickard | BRE #01948903 | Compass
Co-listed by Joe Reichling | BRE #01427385 | Compass
Last checked: 3 minutes ago | Last updated: May 2nd, 2024 | Source CRMLS | DOM: 1
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Home details

Lot Sq. Ft
12,267
HOA Dues
$0/mo
Year built
1921
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24387213
City
Los Angeles
County
Los Angeles
Time on Site
14 hours
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 4
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,316
  • Total Rent: $13,265
  • Pro Forma/Market Rent: $13,265
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $4,270
  • Total Rent: $4,270
  • Pro Forma/Market Rent: $4,270
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $5,065
  • Total Rent: $5,065
  • Pro Forma/Market Rent: $5,065
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.68%
  • Gross Rent Multiplier: 15.67
  • Gross Scheduled Income: --
  • Net Operating Income: $199,049
  • Gross Operating Income: $271,200
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 2016 Vista Del Mar St

Tuesday, May 7th: 12:00pm-2:00pm
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Property Details for 2016 Vista Del Mar St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Assigned, Auto Driveway Gate, Detached Carport
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 6
  • Parcel Number: 5586003010
  • Year Built Source: Assessor
  • Architectural Style: Bungalow
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: From Franklin Avenue, take Vista Del Mar Ave North.
View more facts & features

Local Los Angeles Agent

Sale History for 2016 Vista Del Mar St

Last leased for $3,090 on April 30th, 2024

  • May, 2024

  • May 2, 2024

    Date

    Canceled

    CRMLS: 24368617

    $4,250,000

    Price

  • Mar 15, 2024

    Date

    Active

    CRMLS: 24368617

    $4,800,000

    Price

  • Listing provided courtesy of CRMLS

  • May, 2024

  • May 2, 2024

    Date

    Active

    CRMLS: 24387213

    $4,250,000

    Price

  • May, 2024

  • May 2, 2024

    Date

    Active

    CRMLS: 24387247

    $2,995

    Price

  • Listing provided courtesy of CRMLS

    Nestled within a newly reimagined bungalow court in the Hollywood Hills, a bespoke 1 bedroom, 1 bathroom bungalow is available. Centered around a serene landscaped and lighted courtyard, each residence offers their own unique private outdoor areas ranging from a wraparound grassy yards to side patios and porches. Completely upgraded inside and out, the interiors provide a luxe and elevated style of living, with white oak engineered hardwood flooring, custom window treatments and solid wood Dutch doors. Finishes surprise and delight, showcasing a rare attention to detail and quality. Kitchen features Caesarstone countertops, custom white oak cabinetry with soft close drawers, Bosch and GE Cafe appliances. The bathroom offers Grohe and Toto fixtures with playful designer tile. Each unit is complete with custom closets, LG washers and dryers, individual Post Alarm systems and energy efficient central heat and cooling. Individual parking spaces come equipped with 240v plugs, making at-home electric car charging a breeze. The community is fully gated and secured with DoorBird intercoms and keyless entry and an automatic driveway gate for residents. Please see private remarks for agent compensation. Photos are of staged model unit, floor plan varies slightly.

  • April, 2024

  • Apr 30, 2024

    Date

    Leased

    CRMLS: 24369138

    $3,090

    Price

  • Mar 15, 2024

    Date

    Active

    CRMLS: 24369138

    $3,795

    Price

  • Listing provided courtesy of CRMLS

    APRIL PROMOTION - FIRST MONTH RENT FREE FOR APRIL APPLICANTS!** Nestled within a newly reimagined bungalow court in the Hollywood Hills, a bespoke 1 bedroom, 1 bathroom bungalow is available. Centered around a serene landscaped and lighted courtyard, each residence offers their own unique private outdoor areas ranging from a wraparound grassy yards to side patios and porches. Completely upgraded inside and out, the interiors provide a luxe and elevated style of living, with white oak engineered hardwood flooring, custom window treatments and solid wood Dutch doors. Finishes surprise and delight, showcasing a rare attention to detail and quality. Kitchen features Caesarstone countertops, custom white oak cabinetry with soft close drawers, Bosch and GE Cafe appliances. The bathroom offers Grohe and Toto fixtures with playful designer tile. Each unit is complete with custom closets, LG washers and dryers, individual Post Alarm systems and energy efficient central heat and cooling. Individual parking spaces come equipped with 240v plugs, making at-home electric car charging a breeze. The community is fully gated and secured with DoorBird intercoms and keyless entry and an automatic driveway gate for residents. Please see private remarks for agent compensation. Photos are of staged model unit, floor plan varies slightly. Inquire with the agent for more information on this promotion, valid through 4/30/2024.

  • April, 2024

  • Apr 26, 2024

    Date

    Leased

    CRMLS: 24376027

    $4,295

    Price

  • Apr 3, 2024

    Date

    Active

    CRMLS: 24376027

    $4,500

    Price

  • Listing provided courtesy of CRMLS

    Nestled within a modern bungalow court in the Hollywood Hills, a newly reimagined residence is available. This 1 bedroom, 1 bathroom unit offers office space, side by side laundry area, and a fully gated and private grassy backyard. Completely upgraded inside and out, the interiors provide a luxe and elevated style of living, with white oak engineered hardwood flooring, custom window treatments and solid wood Dutch doors. Finishes surprise and delight, showcasing a rare attention to detail and quality. Kitchen features Caesarstone countertops, custom white oak cabinetry with soft close drawers, Bosch and GE Cafe appliances. The bathroom offers Grohe and Toto fixtures with playful designer tile. Each unit is complete with custom closets, LG washers and dryers, individual Post Alarm systems and energy efficient central heat and cooling. One car parking space comes equipped with 240v plugs, making at-home electric car charging a breeze. The community is fully gated and secured with DoorBird intercoms and keyless entry and an automatic driveway gate for residents. Please see private remarks for agent compensation. Photos are of staged model unit, floor plan varies slightly.

  • June, 2022

  • Jun 9, 2022

    Date

    Sold

    CRMLS: 21795342

    $2,200,000

    Price

  • Oct 14, 2021

    Date

    Active

    CRMLS: 21795342

    $2,100,000

    Price

  • Listing provided courtesy of CRMLS

    Incredible investment or development opportunity located in the heart of Hollywood near Beachwood Canyon, north of Franklin Blvd. Property consists of 6 units. Five 1-bedroom units (one freestanding) and One freestanding 2-bedroom unit. Situated on a 12,263 sqft lot. The two bedroom unit will be delivered vacant. Please do not disturb the tenants. No showings without an accepted offer. Please contact listing agent for more details. Broker, Owner (Administrator) and Attorney do NOT guarantee the accuracy of the bedroom count or any other property details. Do not disturb tenants.

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Tax History for 2016 Vista Del Mar St

Assessed Value (2020): $255,951
Year Land Value Improved Value Assessed Value
2020 $213,309 $42,642 $255,951

Home Value Compared to the Market

This property vs the competition

2016 Vista Del Mar St is listed 246.94% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $946.13 per/sqft which puts the price per square foot 22.24% higher than the median price per square foot for the city of Los Angeles.

About 2016 Vista Del Mar St

Detailed summary of property

2016 Vista Del Mar St is a multi family located in Los Angeles, CA 90068 and is currently for sale. This multi family property offers 7 bedrooms, 7 bathrooms, roughly 4,492 living square feet, and sits on an approximately 12,267 square foot lot. 2016 Vista Del Mar St was first listed on ArdentRealEstateGroup.com on May 2, 2024. The homeowner is currently asking $4,250,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 246.94% higher than the median priced home. Local competing homes currently for sale include 4835 Elmwood Ave, 1002 N Mariposa Ave and 204 N Manhattan Pl. While the average home in Los Angeles, CA is selling in 96 days, 2016 Vista Del Mar St has a days on market of 1 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 2016 Vista Del Mar St Los Angeles, CA 90068 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2016 Vista Del Mar St

Public county record property details
Beds
8
Baths
7
Year built
1921
Sq. Ft.
4,612
Lot Size
12,263
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
4,6
APN
5586-003-010

The source for these homes facts are from public records.

90068 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,095,000
Median List Price/Sq.Ft.
$877
Median Sold Price
$2,100,000
Median Sold Price/Sq.Ft.
$897
Total Inventory
157
Median Sale to List Price %
112%
Avg Days on Market
31
Loan Type
Conventional (9.68%), FHA (3.23%), VA (0%), Cash (9.68%), Other (0%)

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Homes for Sale Near 2016 Vista Del Mar St

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Recently Sold Homes Near 2016 Vista Del Mar St

1947 Vista Del Mar St, Los Angeles, CA 90068
$1,620,000 Last Sold Price
5 Beds
4 Baths
0 Sq.Ft.
1947 Vista Del Mar St
Los Angeles, CA 90068
1959 Vista del Mar, Los Angeles, CA 90068
$3,300,000 Last Sold Price
11 Beds
14 Baths
6437 Sq.Ft.
1959 Vista del Mar
Los Angeles, CA 90068
1961 Carmen Ave, Los Angeles, CA 90068
$2,050,000 Last Sold Price
7 Beds
4 Baths
3170 Sq.Ft.
1961 Carmen Ave
Los Angeles, CA 90068
1933 Vista Del Mar St, Los Angeles, CA 90068
$1,499,000 Last Sold Price
5 Beds
5 Baths
3033 Sq.Ft.
1933 Vista Del Mar St
Los Angeles, CA 90068

Related Resources to 2016 Vista Del Mar St

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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.

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