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7113 La Tijera Blvd, Los Angeles, CA 90045
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7113 La Tijera Blvd Los Angeles, CA 90045

$5,000,000
  • 20 Beds
  • 19 Baths
  • 13,259 Sq.Ft.
For Sale
$5,000,000 Get Pre-Qualified
Map preview of 7113 La Tijera Blvd, Los Angeles, CA 90045

Property Overview: 7113 La Tijera Blvd Los Angeles, CA has 20 bedrooms, 19 bathrooms, 13,259 living square feet and 24,308 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: Offered for Sale: Two Multifamily Apartment Buildings: Westchester Neighborhood Prime Development Opportunity 'TWO PARCELS' side by side. The two properties are being sold as ‘One Purchase’ under this Listing Agreement. The ‘Data Analysis’ for the two properties have been combined under one total, as it applies to each of the ‘Data’ categories. Total Units: 18: Building Size 13,259 SF: Lot Size: 24,308 SF Total Gross Income: $ 276,252 yrly. --- Total Gross Income $23,021 monthly --- Total Operating Expenses: $ 51,192 yrly---- Net Income: $ 225,060 yrly Apartment Building: Lead Address: 7113 La Tijera Blvd Los Angeles CA 90045: APN 4103-008-026 14 Units: Building: 10,495 SF Lot: 16,206 SF Apartment Building: Lead Address: 7107 La Tijera Blvd Los Angeles CA 90045: APN 4103-008-025 4 Unit: Building: 2,764 SF Lot: 8,102 SF Property is subject to the City of Los Angeles Rent Control Ordinance. Laundry facilities on-site: Great opportunity to develop the two properties to their full potential. Will cooperate with 1031 exchange

Listed by Steven Salke | BRE #01307437 | United Property Network
Last checked: 1 minute ago | Last updated: December 30th, 2023 | Source CRMLS | DOM: 113
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Home details

Lot Sq. Ft
24,308
HOA Dues
$0/mo
Year built
1952
Garage
15 Car
Property Type:
Apartment
Status
Active
MLS#
SR23226927
City
Los Angeles
County
Los Angeles
Time on Site
134 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 18
  • Total # of Buildings: 2
  • # of Leased Units: 18
  • # of Electric Meters: 18
  • # of Gas Meters: 18
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 13
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 11
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $15,872
  • Total Rent: $15,872
  • Pro Forma/Market Rent: $1,220
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,641
  • Total Rent: $1,641
  • Pro Forma/Market Rent: $1,641
Unit Breakdown 4
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,308
  • Total Rent: $3,308
  • Pro Forma/Market Rent: $1,102
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $276,252
  • Net Operating Income: $225,060
  • Gross Operating Income: --
  • Laundry Income: $2,500
Annual Expense Breakdown
  • Total Operating Expense: $51,192
  • Electric: $720
  • Gas/Fuel: $0
  • Licenses: $1,200
  • New Taxes: $0
  • Trash: $5,000
  • Gardener: $720
  • Insurance: $4,000
  • Maintenance: $1,500
  • Professional Management: $0
  • Water/Sewer: $12,600

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Property Details for 7113 La Tijera Blvd

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Outside
Fireplace Information
  • Has Fireplace
  • See Remarks
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 15
  • # of Parking Spaces: 15
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: 18
  • Parcel Number: 4103008026
  • Year Built Source: Assessor
  • Entry Level: 2
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: On La Tijera blvd. East of the 405 Freeway
Neighborhood Information
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 7113 La Tijera Blvd

Last sold on December 27th, 2012

  • December, 2023

  • Dec 15, 2023

    Date

    Active

    CRMLS: SR23226927

    $5,300,000

    Price

  • February, 2019

  • Feb 26, 2019

    Date

    Active

    CRMLS: SR19042971

    $6,000,000

    Price

  • Listing provided courtesy of CRMLS

    Offered for Sale: Two Multifamily Apartment Buildings: Westchester Neighborhood Prime Development Opportunity 'TWO PARCELS' side by side. The two properties are being sold as ‘One Purchase’ under this Listing Agreement. The ‘Data Analysis’ for the two properties have been combined under one total, as it applies to each of the ‘Data’ categories. Total Units: 18: Building Size 13,259 SF: Lot Size: 24,308 SF Total Gross Income: $ 264,252 yrly. --- Total Gross Income $22,021 monthly --- Total Operating Expenses: $ 51,192 yrly---- Net Income: $ 213,060 yrly Apartment Building: Lead Address: 7113 La Tijera Blvd Los Angeles CA 90045: APN 4103-008-026 14 Units: Building: 10,495 SF Lot: 16,206 SF Apartment Building: Lead Address: 7107 La Tijera Blvd Los Angeles CA 90045: APN 4103-008-025 4 Unit: Building: 2,764 SF Lot: 8,102 SF Property is subject to the City of Los Angeles Rent Control Ordinance. Laundry facilities on-site: Great opportunity to develop the two properties to their full potential.

  • December, 2012

  • Dec 27, 2012

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 7113 La Tijera Blvd

Assessed Value (2020): $1,467,575
Year Land Value Improved Value Assessed Value
2020 $450,392 $1,017,183 $1,467,575

Home Value Compared to the Market

This property vs the competition

7113 La Tijera Blvd is listed 304.53% 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 $377.1 per/sqft which puts the price per square foot 51.22% lower than the median price per square foot for the city of Los Angeles.

About 7113 La Tijera Blvd

Detailed summary of property

7113 La Tijera Blvd is a apartment located in Los Angeles, CA 90045 and is currently for sale. This apartment offers 20 bedrooms, 19 bathrooms, roughly 13,259 living square feet, and sits on an approximately 24,308 square foot lot. 7113 La Tijera Blvd was first listed on ArdentRealEstateGroup.com on December 16, 2023. The homeowner is currently asking $5,000,000 and was originally asking $5,300,000. 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 304.53% higher than the median priced home. Local competing homes currently for sale include 2340 Crenshaw Blvd, 1876 Buckingham Rd and 1453 S Beverly Dr. While the average home in Los Angeles, CA is selling in 96 days, 7113 La Tijera Blvd has a days on market of 113 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 7113 La Tijera Blvd Los Angeles, CA 90045 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 7113 La Tijera Blvd

Public county record property details
Beds
16
Baths
15
Year built
1952
Sq. Ft.
10,495
Lot Size
16,206
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
26,27
APN
4103-008-026

The source for these homes facts are from public records.

90045 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,650,000
Median List Price/Sq.Ft.
$876
Median Sold Price
$1,340,000
Median Sold Price/Sq.Ft.
$835
Total Inventory
92
Median Sale to List Price %
99.26%
Avg Days on Market
27
Loan Type
Conventional (21.05%), FHA (0%), VA (0%), Cash (15.79%), Other (21.05%)

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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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