860 N Occidental Blvd, Los Angeles, CA 90026
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860 N Occidental Blvd Los Angeles, CA 90026

$2,575,000
  • 12 Beds
  • 0 Baths
  • 8,134 Sq.Ft.
Pending
$2,575,000 Get Pre-Qualified

Map preview of 860 N Occidental Blvd, Los Angeles, CA 90026

Property Overview: 860 N Occidental Blvd Los Angeles, CA has 12 bedrooms, -- bathrooms, 8,134 living square feet and 8,678 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: Excellent opportunity to purchase an apartment building in the heart of Silverlake just off of Sunset Boulevard; the property is twelve (12) units, all of which are 1+1; significant upside in rents; the units are separately metered for electricity and gas; individual hot water heaters; laundry machines are owned; six (6) closed garages (five (5) are used by the tenants as storage and one (1) is used for the trash bins)

Listed by David Stevenson | BRE #01228475 | Stevenson Real Estate Services
Last checked: 8 minutes ago | Last updated: July 17th, 2024 | Source CRMLS | DOM: 84
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Home details

Lot Sq. Ft
8,678
HOA Dues
$0/mo
Year built
1925
Garage
6 Car
Property Type:
Apartment
Status
Pending
MLS#
GD23221559
City
Los Angeles
County
Los Angeles
Time on Site
230 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 12
  • Total # of Buildings: 1
  • # of Electric Meters: 12
  • # of Gas Meters: 12
  • # of Water Meters: 12
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $871
  • Total Rent: $871
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,375
  • Total Rent: $1,375
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,065
  • Total Rent: $1,065
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,820
  • Total Rent: $1,820
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,924
  • Total Rent: $1,924
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,924
  • Total Rent: $1,924
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,820
  • Total Rent: $1,820
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,553
  • Total Rent: $1,553
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,369
  • Total Rent: $1,369
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 10
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,163
  • Total Rent: $1,163
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 11
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,421
  • Total Rent: $1,421
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 12
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $880
  • Total Rent: $880
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $182,070
  • Net Operating Income: $109,286
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $72,784
  • Electric: $637
  • Gas/Fuel: $1,178
  • Trash: $722
  • Insurance: $4,084
  • Professional Management: $8,262
  • Water/Sewer: $4,118

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Property Details for 860 N Occidental Blvd

Interior Features
Laundry Information
  • Has Laundry
  • Community
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Public Records
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 12
  • Parcel Number: 5402002016
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: From Silver Lake Blvd, turn left onto Ellett Pl, sharp right onto N Occidental Blvd
Neighborhood Information
  • Community Features: Curbs
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Sale History for 860 N Occidental Blvd

Last sold on July 19th, 2005
  • February, 2024

  • Feb 27, 2024

    Date

    Pending

    CRMLS: GD23221559

    $2,575,000

    Price

  • Dec 5, 2023

    Date

    Active

    CRMLS: GD23221559

    $2,575,000

    Price

  • July, 2005

  • Jul 19, 2005

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • May, 2005

  • May 24, 2005

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 860 N Occidental Blvd

Assessed Value (2020): $320,366
Year Land Value Improved Value Assessed Value
2020 $76,028 $244,338 $320,366

Home Value Compared to the Market

This property vs the competition

860 N Occidental Blvd is listed 114.58% higher than the median list price for the city of Los Angeles which has a median list price of $1,199,999. The median price per/sqft for Los Angeles is $771 and this home is listed at $316.57 per/sqft which puts the price per square foot 58.94% lower than the median price per square foot for the city of Los Angeles.

About 860 N Occidental Blvd

Detailed summary of property

860 N Occidental Blvd is a apartment located in Los Angeles, CA 90026 and is currently in escrow to be sold. This apartment offers 12 bedrooms, -- bathrooms, roughly 8,134 living square feet, and sits on an approximately 8,678 square foot lot. 860 N Occidental Blvd was first listed on ArdentRealEstateGroup.com on December 6, 2023. The homeowner is currently asking $2,575,000. The median priced home in Los Angeles is $1,199,999 with a median price per square foot of $771. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 114.58% higher than the median priced home. Local competing homes currently for sale include 1205 Manzanita St, 325 N Union Ave and 4214 Sunset Dr. While the average home in Los Angeles, CA is selling in 102 days, 860 N Occidental Blvd has a days on market of 84 days. There are currently 4091 homes for sale in the Los Angeles real estate market and 2731 of them are single family homes while 1235 of them are condos and 119 are townhomes. For more information on this home for sale at 860 N Occidental Blvd Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 860 N Occidental Blvd

Public county record property details
Beds
12
Baths
12
Year built
1925
Sq. Ft.
8,134
Lot Size
8,677
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
134
APN
5402-002-016

The source for these homes facts are from public records.

90026 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.
$895
Median Sold Price
$1,796,500
Median Sold Price/Sq.Ft.
$802
Total Inventory
76
Median Sale to List Price %
112.99%
Avg Days on Market
18
Loan Type
Conventional (17.65%), FHA (0%), VA (0%), Cash (11.76%), 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.