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911 Seward St, Los Angeles, CA 90038
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911 Seward St Los Angeles, CA 90038

$2,950,000
  • 4 Beds
  • 2 Baths
  • 3,816 Sq.Ft.
For Sale
$2,950,000 Get Pre-Qualified
Map preview of 911 Seward St, Los Angeles, CA 90038

Property Overview: 911 Seward St Los Angeles, CA has 4 bedrooms, 2 bathrooms, 3,816 living square feet and 5,175 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: The MOST adorable restaurant setting/event space on a parcel shared by a duplex. You get all of it! If you know Hollywood, you know Grub and Hollywood's Hidden House. The restaurant/event space is 1,500 square feet plus al fresco dining which almost doubles the usable seating space to a total of sixty-four. This building was formerly used as a duplex, too. The space includes an area for a commercial kitchen, prep, wash station, two bathrooms, inside and outside (covered) storage, wait station, and office. Entitlements in hand include: ABC 41 License for the sale of beer and wine, ABC 58 license for alcohol sales through catering, Public Health Permit, CUP (Conditional Use Permit) from the City of Los Angeles for operating a restaurant in a residential zone, CUP for beer and wine sales, and a Police Commission Permit. The duplex is a separate building comprised of one unit up ($3,500/month actual rent), one unit down ($2,595/month actual rent), two bedrooms/one bath each. Just down the street from Rao's Hollywood, Starbucks, Osteria and Pizzeria Mozza in the middle of the Hollywood Media District! Perfect setup for success. Whether you want to be the next Jackson Market and Deli, Marie et Cie, or have your own new and vibrant idea -- this is your opportunity! ***Do not enter property or contact owners or tenants. Entry is restricted and subject to strict scheduling. Residential units may be inspected upon accepted offer.***

Listed by Scott Campbell | BRE #01389031 | Nourmand & Associates-HW
Last checked: 10 minutes ago | Last updated: June 8th, 2024 | Source CRMLS | DOM: 31
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Home details

Lot Sq. Ft
5,175
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24399083
City
Los Angeles
County
Los Angeles
Time on Site
27 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,047
  • Total Rent: $6,095
  • Pro Forma/Market Rent: $6,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15
  • Gross Scheduled Income: --
  • Net Operating Income: $73,140
  • Gross Operating Income: $73,140
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 911 Seward St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Wall/Window Unit(s), Evaporative Cooling
Heating Information
  • Has Heating
  • Combination
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Outside, Community
Fireplace Information
  • Has Fireplace
  • Decorative
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Parking Space, Driveway
Lot Information
  • Lot Features: Rectangular Lot
Property Information
  • No View
  • View: None
  • Total # of Units: 4
  • Parcel Number: 5532015046
  • Architectural Style: Bungalow
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: S of Santa Monica Blvd, E of Highland Ave
View more facts & features

Local Los Angeles Agent

Sale History for 911 Seward St

View property's historical transactions

  • May, 2024

  • May 31, 2024

    Date

    Active

    CRMLS: 24399083

    $2,950,000

    Price

Tax History for 911 Seward St

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

911 Seward St is listed 138.67% 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 $775 and this home is listed at $773.06 per/sqft which puts the price per square foot 0.25% lower than the median price per square foot for the city of Los Angeles.

About 911 Seward St

Detailed summary of property

911 Seward St is a multi family located in Los Angeles, CA 90038 and is currently for sale. This multi family property offers 4 bedrooms, 2 bathrooms, roughly 3,816 living square feet, and sits on an approximately 5,175 square foot lot. 911 Seward St was first listed on ArdentRealEstateGroup.com on June 3, 2024. The homeowner is currently asking $2,950,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $775. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 138.67% higher than the median priced home. Local competing homes currently for sale include 6821 Whitley Terrace, 6255 Holly Mont Dr and 4754 Oakwood Ave. While the average home in Los Angeles, CA is selling in 99 days, 911 Seward St has a days on market of 31 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 911 Seward St Los Angeles, CA 90038 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 911 Seward St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

90038 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,299,000
Median List Price/Sq.Ft.
$672
Median Sold Price
$1,100,000
Median Sold Price/Sq.Ft.
$720
Total Inventory
42
Median Sale to List Price %
110%
Avg Days on Market
88
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (25%), Other (25%)

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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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