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2400 Maple Ave

Los Angeles, CA 90011
  • $1,345,000
  • STATUS: Active
  • ON SITE: 42 Days
  • ID#: 21-112207
UPDATED: 39 min ago
$1,345,000
  • 8
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,352
    SQFT
  • $309
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1922
County:

School Ratings & Info

Description

Iconic Investments is pleased to offer for sale Las Villas Apartments, an 8-unit apartment building located just south of Downtown LA. Built in 1922, this charming Spanish-style bungalow property is located at 2400 Maple Avenue, between Main Street and San Pedro Street, south of Washington Boulevard. The old charm gives the property (4,352 Sq. Ft. on a 7,510 Sq. Ft. lot) distinctive curb appeal and a hint at the allure of the buildings interiors. The unit mix at Las Villas is 8 one-bed/one-bath units, three of which were converted into one-bed/one-bath + a bonus room. The bonus room can function as an additional bedroom. Efficient use of space and the privacy afforded by the classic bungalow design make the units seem larger. The property is individually metered for both gas and electric, and the tenants pay for trash. All units have individual water heaters. Las Villas is in close proximity to Downtown LA, USC, Culver City, Inglewood and Koreatown.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-27T12:43:13.86. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.brandiprattrealestate.com/homes/124060581
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2400 Maple Ave Los Angeles, CA 90011

  • Price: $1,345,000
  • Status: Active
  • On Site: 42 Days
  • Updated: 39 min ago
  • ID#: 21-112207
8
Beds
0
Baths
0
½ Baths
0.17
Acres
4,352
SQFT
$309
$/SQFT
1922
Built
Neighborhood:
Downtown L.A.
County:
Los Angeles
Area:
Downtown L.A.
Property Description
Iconic Investments is pleased to offer for sale Las Villas Apartments, an 8-unit apartment building located just south of Downtown LA. Built in 1922, this charming Spanish-style bungalow property is located at 2400 Maple Avenue, between Main Street and San Pedro Street, south of Washington Boulevard. The old charm gives the property (4,352 Sq. Ft. on a 7,510 Sq. Ft. lot) distinctive curb appeal and a hint at the allure of the buildings interiors. The unit mix at Las Villas is 8 one-bed/one-bath units, three of which were converted into one-bed/one-bath + a bonus room. The bonus room can function as an additional bedroom. Efficient use of space and the privacy afforded by the classic bungalow design make the units seem larger. The property is individually metered for both gas and electric, and the tenants pay for trash. All units have individual water heaters. Las Villas is in close proximity to Downtown LA, USC, Culver City, Inglewood and Koreatown.
Exterior Features

Lot Size Area 7511 Other Structures None Parking Garage None Roof CompositionShingle Style Spanish Total Parking 0 View Description None View YN No

Interior Features

Baths Total 8.00 Common Walls Attached Cooling Window Unit(S) Equipment None Heating Wall Gas Water Heater Features Gas

Property Features

Assessed Total Value 985101 Gross Income 109019 Gross Operating Income 109613 Like Units1 8 Net Operating Income 75442.00 Number Of Buildings 4 Number Of Units 8 Sale Type Standard Security Features None Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 34171 Type Of Units Apartments Water Heaters YN Yes Year Built Source Assessor Zoning Lac1.5

Listing provided courtesy of Adam Zunder DRE#01821053 of Iconic Investments.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-27T12:43:13.86. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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2603 Camino Ramon, Suite 200
San Ramon CA, 94583