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211 S Poinsettia Pl, Los Angeles, CA 90036
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211 S Poinsettia Pl Los Angeles, CA 90036

$5,950,000
  • 16 Beds
  • 17 Baths
  • 12,976 Sq.Ft.
For Sale
$5,950,000 Get Pre-Qualified
Map preview of 211 S Poinsettia Pl, Los Angeles, CA 90036

Property Overview: 211 S Poinsettia Pl Los Angeles, CA has 16 bedrooms, 17 bathrooms, 12,976 living square feet and 7,419 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: Manhattan Living in Los Angeles!! A once in a life time opportunity to acquire a four story building with a top 2 story Penthouse over 4000 sq ft with 360 Ariel views of all of Los Angeles. The Penthouse will be delivered vacant. Built in 1989, this apartment complex features six 2 bedroom 2 bathroom units, all with washer and dryer units. Units are not subject to Los Angeles rent control and 5 out 6 units are due for immediate increases. Located in the desirable Miracle Mile /Hancock Park rental market area Near the Grove, Pan Pacific Park, Beverly Center, Cedar Sinai and Melrose shopping. Underground parking ample for 2 cars per unit. Being sold by original developer. There is no Property like this one. Shown with accepted offer only. Please do not disturb tenants.

Listed by Joshua Tomaszewski | BRE #01836611 | JRM Properties
Last checked: 15 minutes ago | Last updated: March 14th, 2024 | Source CRMLS | DOM: 42
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Home details

Lot Sq. Ft
7,419
HOA Dues
$0/mo
Year built
1989
Garage
14 Car
Property Type:
Multi Family
Status
Active
MLS#
24365621
City
Los Angeles
County
Los Angeles
Time on Site
51 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 6
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,195
  • Total Rent: $19,175
  • Pro Forma/Market Rent: $3,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 5
  • Furnishing: Unfurnished
  • Actual Rent: $12,000
  • Total Rent: $12,000
  • Pro Forma/Market Rent: $12,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.12%
  • Gross Rent Multiplier: 15.9
  • Gross Scheduled Income: --
  • Net Operating Income: $245,412
  • Gross Operating Income: $362,877
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 211 S Poinsettia Pl

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Property Details for 211 S Poinsettia Pl

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Dryer Included, Inside
Room Information
  • Flooring: Wood, Carpet
Kitchen Information
  • Has Appliances
  • Disposal, Oven, Gas Range
Interior Features
  • Ceiling Fan(s)
  • Levels: Three Or More
  • Security Features: Fire and Smoke Detection System
Exterior Features
Exterior Information
  • Roof: Common Roof
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 14
  • # of Parking Spaces: 14
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Total # of Units: 7
  • Parcel Number: 5512019020
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of 3rd st. West Of La Brea
View more facts & features

Local Los Angeles Agent

Sale History for 211 S Poinsettia Pl

Last leased for $3,300 on June 1st, 2023

  • March, 2024

  • Mar 6, 2024

    Date

    Active

    CRMLS: 24365621

    $5,950,000

    Price

  • June, 2023

  • Jun 1, 2023

    Date

    Leased

    CRMLS: 23266231

    $3,300

    Price

  • May 1, 2023

    Date

    Active

    CRMLS: 23266231

    $3,300

    Price

  • Listing provided courtesy of CRMLS

    GREAT 2 bedroom 2 bath apartment in QUIET Fairfax - La Brea neighborhood. Step inside this spacious unit and you will feel very welcome by the natural sunlight giving a warm and inviting glow. There are 2 bedrooms and 1 and 3/4 bathrooms with lots of closet space too . The living room has a wonderful fireplace, and there are 2 private balconies for your California outdoor enjoyment .The kitchen is open with a very functional , clean and white finish. Other features include a washer and dryer as well as central air and heat. Remote access with 2 tandem parking spaces in the subterranean garage. Incredible location, close to The Grove, restaurants and so much more.

  • December, 2021

  • Dec 28, 2021

    Date

    Leased

    CRMLS: 21786484

    $3,175

    Price

  • Sep 17, 2021

    Date

    Active

    CRMLS: 21786484

    $3,350

    Price

  • Listing provided courtesy of CRMLS

    GREAT 2 bedroom 2 bath apartment in QUIET Fairfax - La Brea neighborhood. Step inside this spacious unit and you will feel very welcome by the natural sunlight giving a warm and inviting glow. There are 2 bedrooms and 1 and 3/4 bathrooms with lots of closet space too . The living room has a wonderful fireplace, and there are 2 private balconies for your California outdoor enjoyment .The kitchen is open with a very functional , clean and white finish. Other features include a washer and dryer as well as central air and heat. Remote access with 2 tandem parking spaces in the subterranean garage. Incredible location, close to The Grove, restaurants and so much more.

  • May, 2019

  • May 30, 2019

    Date

    Leased

    CRMLS: 19469272

    $2,995

    Price

  • May 22, 2019

    Date

    Active

    CRMLS: 19469272

    $2,995

    Price

  • Listing provided courtesy of CRMLS

    Spacious and secure second floor 2 bedroom, 2 bathroom unit. Lots of natural light, open and very functional, private balcony. Living room features hardwood floors, and gas fireplace. Washer and dryer in unit, central AC and heat. All appliances included! Building has many security features including gated entry, remote access subterranean parking with 2 assigned spaces (tandem), elevator requires a key to access your floor. Located on a quiet, picturesque street close to The Grove, LACMA, shops, restaurants and more. Tenant pays gas, electric and $75/month to landlord for water and trash services.

  • January, 2018

  • Jan 30, 2018

    Date

    Leased

    CRMLS: 17292222

    $2,700

    Price

  • Jan 24, 2018

    Date

    Price Change

    CRMLS: 17292222

    $2,700

    Price

  • Nov 27, 2017

    Date

    Active

    CRMLS: 17292222

    $2,850

    Price

  • Listing provided courtesy of CRMLS

    Just reduced !!! This spacious and secure second floor 2 bedroom, 2 bathroom unit. Lots of natural light, open and very functional, private balcony. Living room features hardwood floors, and a fireplace. Washer and dryer in unit, central AC and heat. All appliances included! Building has many security features including gated entry, remote access subterranean parking with 2 tandem spaces, elevator requires a key to access your floor. Located on a quiet, picturesque street close to The Grove, LACMA, shops, restaurants and more. Tenant pays utilities.

  • December, 2017

  • Dec 15, 2017

    Date

    Expired

    CRMLS: 17253152

    $2,950

    Price

  • Sep 28, 2017

    Date

    Withdrawn

    CRMLS: 17253152

    $2,950

    Price

  • Jul 20, 2017

    Date

    Active

    CRMLS: 17253152

    $2,950

    Price

  • Listing provided courtesy of CRMLS

    Step inside this spacious unit and you will feel very welcome by the natural sunlight giving a warm and inviting glow. There are 2 bedrooms and 1 and 3/4 bathrooms with lots of closet space too . The living room has a wonderful fireplace, and there are 2 private balconies for your California outdoor enjoyment .The kitchen is open with a very functional , clean and white finish. Other features include a washer and dryer as well as central air and heat. Remote access with 2 tandem parking spaces in the subterranean garage. Incredible location, close to The Grove, restaurants and so much more.

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Tax History for 211 S Poinsettia Pl

Assessed Value (2020): $1,879,225
Year Land Value Improved Value Assessed Value
2020 $76,643 $1,802,582 $1,879,225

Home Value Compared to the Market

This property vs the competition

211 S Poinsettia Pl is listed 381.39% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $458.54 per/sqft which puts the price per square foot 40.68% lower than the median price per square foot for the city of Los Angeles.

About 211 S Poinsettia Pl

Detailed summary of property

211 S Poinsettia Pl is a multi family located in Los Angeles, CA 90036 and is currently for sale. This multi family property offers 16 bedrooms, 17 bathrooms, roughly 12,976 living square feet, and sits on an approximately 7,419 square foot lot. 211 S Poinsettia Pl was first listed on ArdentRealEstateGroup.com on March 7, 2024. The homeowner is currently asking $5,950,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 381.39% higher than the median priced home. Local competing homes currently for sale include 1975 S Corning St, 2016 N Vista Del Mar Ave and 201 N Normandie Ave. While the average home in Los Angeles, CA is selling in 96 days, 211 S Poinsettia Pl has a days on market of 42 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 211 S Poinsettia Pl Los Angeles, CA 90036 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 211 S Poinsettia Pl

Public county record property details
Beds
16
Baths
17
Year built
1989
Sq. Ft.
12,976
Lot Size
7,504
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5512-019-020

The source for these homes facts are from public records.

90036 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,998,000
Median List Price/Sq.Ft.
$883
Median Sold Price
$742,090
Median Sold Price/Sq.Ft.
$783
Total Inventory
52
Median Sale to List Price %
99.08%
Avg Days on Market
35
Loan Type
Conventional (25%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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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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