2833 Huron St, Los Angeles, CA 90065
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2833 Huron St Los Angeles, CA 90065

$1,500,000
  • 6 Beds
  • 10 Baths
  • 4,116 Sq.Ft.
For Sale
$1,500,000 Get Pre-Qualified

Map preview of 2833 Huron St, Los Angeles, CA 90065

Property Overview: 2833 Huron St Los Angeles, CA has 6 bedrooms, 10 bathrooms, 4,116 living square feet and 7,498 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: Priced at only $150k/unit! 2833 Huron St is a prime 10 unit investment property located in the Cypress Park neighborhood of Los Angeles. There is still 92% upside available in monthly rental income. The subject property is comprised of (1) 2Bed/1Bath, (4) 1Bed/1Bath and (5) Studio/1Bath units. Three Studio/1Bath units can be delivered vacant, offering immediate upside. There is also a laundry room on site for additional income. 2833 Huron St is conveniently located just minutes from Downtown Los Angeles, with easy access to the 110 and 5 freeways. There are many shops and restaurants nearby, making it a prime location for renters.

Listed by Cameron Samimi | BRE #02035763 | Lyon Stahl Investment Real Estate, Inc.
Co-listed by Aaron Jacobson | BRE #02100737 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 2 minutes ago | Last updated: September 23rd, 2024 | Source CRMLS | DOM: 111

Home details

Lot Sq. Ft
7,498
HOA Dues
$0/mo
Year built
1950
Garage
--
Property Type:
Apartment
Status
Active
MLS#
SB24109684
City
Los Angeles
County
Los Angeles
Time on Site
121 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 2
  • # of Electric Meters: 10
  • # of Gas Meters: 10
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Actual Rent: $616
  • Total Rent: $616
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Actual Rent: $1,875
  • Total Rent: $1,875
  • Pro Forma/Market Rent: $1,875
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $695
  • Total Rent: $695
  • Pro Forma/Market Rent: $2,050
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Actual Rent: $1,875
  • Total Rent: $1,875
  • Pro Forma/Market Rent: $1,875
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $695
  • Total Rent: $695
  • Pro Forma/Market Rent: $2,050
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Actual Rent: $521
  • Total Rent: $521
  • Pro Forma/Market Rent: $1,875
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $736
  • Total Rent: $736
  • Pro Forma/Market Rent: $2,050
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $781
  • Total Rent: $781
  • Pro Forma/Market Rent: $2,050
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Actual Rent: $579
  • Total Rent: $579
  • Pro Forma/Market Rent: $1,625
Unit Breakdown 10
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Actual Rent: $1,875
  • Total Rent: $1,875
  • Pro Forma/Market Rent: $1,875
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.61%
  • Gross Rent Multiplier: 12.08
  • Gross Scheduled Income: $124,207
  • Net Operating Income: $69,107
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $51,374
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

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Property Details for 2833 Huron St

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 10
  • Parcel Number: 5446008007
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Off of Figueroa and San Fernando
Neighborhood Information
  • Community Features: Urban
View more facts & features

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Sale History for 2833 Huron St

Last sold for $1,255,000 on November 13th, 2020
  • June, 2024

  • Jun 4, 2024

    Date

    Active

    CRMLS: SB24109684

    $1,500,000

    Price

  • December, 2023

  • Dec 20, 2023

    Date

    Canceled

    CRMLS: 23298627

    $1,395,000

    Price

  • Aug 7, 2023

    Date

    Active

    CRMLS: 23298627

    $1,395,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to offer this ten unit investment opportunity, located in the City of Los Angeles. The unit mix consists of five single units, three 1+1 unit, and two 2+1 units. The investment consists of approximately 4,116 of rentable square feet and is situated on an approximately 7,495 square foot parcel. Recent property upgrades new landscaping and new building and unit numbers. Two units have been recently renovated with new ceiling fans, new light fixtures, and new window blinds. The building amenities include secured entry with an electric wrought iron gate, an on-site laundry room for additional income, water heaters in each unit, and the property is separately metered for both gas & electricity.

  • September, 2022

  • Sep 29, 2022

    Date

    Canceled

    CRMLS: 22197709

    $1,395,000

    Price

  • Sep 8, 2022

    Date

    Active

    CRMLS: 22197709

    $1,495,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to offer this ten unit investment opportunity, located in the City of Los Angeles. The unit mix consists of five single units, three 1+1 unit, and two 2+1 units. The investment consists of approximately 4,116 of rentable square feet and is situated on an approximately 7,495 square foot parcel. Recent property upgrades new landscaping and new building and unit numbers. Two units have been recently renovated with new ceiling fans, new light fixtures, and new window blinds. The building amenities include secured entry with an electric wrought iron gate, an on-site laundry room for additional income, water heaters in each unit, and the property is separately metered for both gas & electricity.

  • May, 2022

  • May 31, 2022

    Date

    Canceled

    CRMLS: 22124873

    $1,525,000

    Price

  • Feb 4, 2022

    Date

    Active

    CRMLS: 22124873

    $1,549,000

    Price

  • Listing provided courtesy of CRMLS

    The unit mix consists of five single units, three 1+1 unit, and two 2+1 units. The investment consists of approximately 4,116 of rentable square feet and is situated on an approximately 7,495 square foot parcel. Recent property upgrades new landscaping and new building and unit numbers. Two units have been recently renovated with new ceiling fans, new light fixtures, and new window blinds. The building amenities include secured entry with an electric wrought iron gate, an on-site laundry room for additional income, water heaters in each unit, and the property is separately metered for both gas & electricity.

  • February, 2022

  • Feb 4, 2022

    Date

    Canceled

    CRMLS: 22120635

    $1,695,000

    Price

  • Jan 21, 2022

    Date

    Active

    CRMLS: 22120635

    $1,695,000

    Price

  • Listing provided courtesy of CRMLS

    The unit mix consists of five single units, three 1+1 unit, and two 2+1 units. The investment consists of approximately 4,116 of rentable square feet and is situated on an approximately 7,495 square foot parcel. Recent property upgrades new landscaping and new building and unit numbers. Two units have been recently renovated with new ceiling fans, new light fixtures, and new window blinds. The building amenities include secured entry with an electric wrought iron gate, an on-site laundry room for additional income, water heaters in each unit, and the property is separately metered for both gas & electricity.

  • November, 2020

  • Nov 13, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,255,000

    Price

  • August, 2017

  • Aug 4, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,175,000

    Price

Show More

Tax History for 2833 Huron St

Assessed Value (2020): $1,222,470
Year Land Value Improved Value Assessed Value
2020 $624,240 $598,230 $1,222,470

Home Value Compared to the Market

This property vs the competition

2833 Huron St is listed 25% 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 $771 and this home is listed at $364.43 per/sqft which puts the price per square foot 52.73% lower than the median price per square foot for the city of Los Angeles.

About 2833 Huron St

Detailed summary of property

2833 Huron St is a apartment located in Los Angeles, CA 90065 and is currently for sale. This apartment offers 6 bedrooms, 10 bathrooms, roughly 4,116 living square feet, and sits on an approximately 7,498 square foot lot. 2833 Huron St was first listed on ArdentRealEstateGroup.com on May 30, 2024. The homeowner is currently asking $1,500,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $771. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 25% higher than the median priced home. Local competing homes currently for sale include 1517 Baxter St, 2416 Echo Park Ave and 3214 Verdugo Rd. While the average home in Los Angeles, CA is selling in 106 days, 2833 Huron St has a days on market of 111 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 2833 Huron St Los Angeles, CA 90065 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2833 Huron St

Public county record property details
Beds
7
Baths
10
Year built
1950
Sq. Ft.
4,116
Lot Size
7,495
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
5446-008-007

The source for these homes facts are from public records.

90065 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,199,000
Median List Price/Sq.Ft.
$796
Median Sold Price
$1,253,094
Median Sold Price/Sq.Ft.
$681
Total Inventory
86
Median Sale to List Price %
100.25%
Avg Days on Market
33
Loan Type
Conventional (10%), FHA (0%), VA (0%), Cash (25%), Other (15%)

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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.