2593 Amherst Ave, Los Angeles, CA 90064
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2593 Amherst Ave Los Angeles, CA 90064

$1,499,999
  • 4 Beds
  • 4 Baths
  • 2,563 Sq.Ft.
For Sale
$1,499,999 Get Pre-Qualified

Map preview of 2593 Amherst Ave, Los Angeles, CA 90064

Property Overview: 2593 Amherst Ave Los Angeles, CA has 4 bedrooms, 4 bathrooms, 2,563 living square feet and 6,422 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: Welcome to 2593 Amherst, a lucrative 4 Plex apartment building ideally situated in the heart of West Los Angeles, just a stone's throw away from Santa Monica and the sun-kissed coast. This prime location on the corner of OceanPark Blvd and Amherst ensures convenience and accessibility. Hop on the bike path and you are minutes away straight to the beach. Residents will delight in the communal outdoor area, perfect for enjoying the California sunshine and fostering community connections. Each unit boasts coveted garage parking, with one garage space currently occupied and three garage spaces awaiting new tenants or owner occupancy. Additionally, two of the units present a remarkable opportunity for upside potential. Currently two units feature numerous upgrades and are currently rented at market rates, providing immediate returns for savvy investors or homeowners looking to offset expenses. The property showcases a newer roof, approximately 2-3 years old, ensuring long-term durability and peace of mind. Recent termite work clearance further underscores the property's commitment to maintenance and quality. Inside, three units are equipped with window air conditioning, offering comfort during warmer seasons. Meanwhile, the two upgraded units stand out with their brand-new remodels, boasting custom designer kitchens, sleek stone countertops, stainless steel appliances, and modern bathroom fixtures. Fresh hardwood flooring, newer dual-paned windows, and convenient wall heaters enhance the living experience, while community laundry facilities adjacent to the units add to the convenience. Possible ability to add ADU's in the garage spaces. With its quiet and bright ambiance, 2593 Amherst exudes pride of ownership and presents an exceptional opportunity for investors and homeowners alike. Don't miss the chance to capitalize on the potential of this remarkable property and the vibrant lifestyle it offers in one of Los Angeles's most sought-after neighborhoods!

Listed by Alex 'Zan' Sacker | BRE #01279796 | KW Advisors
Last checked: 1 minute ago | Last updated: March 13th, 2024 | Source CRMLS | DOM: 43
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Home details

Lot Sq. Ft
6,422
HOA Dues
$0/mo
Year built
1941
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24365193
City
Los Angeles
County
Los Angeles
Time on Site
53 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,479
  • Total Rent: $1,479
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,203
  • Total Rent: $1,203
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 18.9
  • Gross Scheduled Income: --
  • Net Operating Income: $6,000
  • Gross Operating Income: $6,000
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 2593 Amherst Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace, Floor Furnace
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
Property Information
  • Total # of Units: 4
  • Parcel Number: 4257023079
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Corner of Oceanpark and Amherst
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Sale History for 2593 Amherst Ave

Last sold on November 6th, 2017
  • March, 2024

  • Mar 5, 2024

    Date

    Active

    CRMLS: 24365193

    $1,499,999

    Price

  • November, 2017

  • Nov 6, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 2593 Amherst Ave

Assessed Value (2020): $106,433
Year Land Value Improved Value Assessed Value
2020 $52,432 $54,001 $106,433

Home Value Compared to the Market

This property vs the competition

2593 Amherst Ave is listed 21.36% 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 $585.25 per/sqft which puts the price per square foot 24.29% lower than the median price per square foot for the city of Los Angeles.

About 2593 Amherst Ave

Detailed summary of property

2593 Amherst Ave is a multi family located in Los Angeles, CA 90064 and is currently for sale. This multi family property offers 4 bedrooms, 4 bathrooms, roughly 2,563 living square feet, and sits on an approximately 6,422 square foot lot. 2593 Amherst Ave was first listed on ArdentRealEstateGroup.com on March 5, 2024. The homeowner is currently asking $1,499,999. 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 21.36% higher than the median priced home. Local competing homes currently for sale include 3731 Glendon Ave, 1952 S Corning St and 8430 Fordham Rd. While the average home in Los Angeles, CA is selling in 96 days, 2593 Amherst Ave has a days on market of 43 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 2593 Amherst Ave Los Angeles, CA 90064 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2593 Amherst Ave

Public county record property details
Beds
4
Baths
4
Year built
1941
Sq. Ft.
2,563
Lot Size
6,424
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
4257-023-079

The source for these homes facts are from public records.

90064 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,849,000
Median List Price/Sq.Ft.
$999
Median Sold Price
$1,015,000
Median Sold Price/Sq.Ft.
$639
Total Inventory
67
Median Sale to List Price %
96.76%
Avg Days on Market
34
Loan Type
Conventional (16.67%), FHA (0%), VA (0%), Cash (25%), Other (16.67%)

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Related Resources to 2593 Amherst 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.