211 S Poinsettia Place Los Angeles, CA ^$ 5,950,000

211 S Poinsettia Place

^$ 5,950,000

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211 S Poinsettia Place

Los Angeles, CA, 90036

^$ 5,950,000

Bedrooms16 Baths17.0 Sq 12,976

Monthly Estimate*

^$ 41,563

Listed by JRM Properties

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Multi-Family Home for sale in Los Angeles, CA

for $5,950,000 with 16 bedrooms and 17 full baths. This 12,976 square foot home was built in 1989 on a lot size of 0.1703.

Manhattan Living in Los Angeles!! A once in a life time opportunity to acquire a four story building with a top 2 story Penthouse over 4000 sq ft with 360 Ariel views of all of Los Angeles. The Penthouse will be delivered vacant. Built in 1989, this apartment complex features six 2 bedroom 2 bathroom units, all with washer and dryer units. Units are not subject to Los Angeles rent control and 5 out 6 units are due for immediate increases. Located in the desirable Miracle Mile /Hancock Park rental market area Near the Grove, Pan Pacific Park, Beverly Center, Cedar Sinai and Melrose shopping. Underground parking ample for 2 cars per unit. Being sold by original developer. There is no Property like this one. Shown with accepted offer only. Please do not disturb tenants.

Multi-Family Active

Price

^$ 5,950,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1703

Year Built

1989

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24365621

Days on Market

Features

General

Interior Features CeilingFans

Heating Central

Possession CloseOfEscrow

Roof CommonRoof

Appliances Disposal GasRange Oven Dryer

Zoning LAR3

Garage Spaces 14.0

Pool Features None

Security Features FireDetectionSystem SmokeDetectors

Year Built 1989

Tenant Pays Electricity Gas

Levels ThreeOrMore

Gross Income 374100.0

County Los Angeles

Net Operating Income 245412.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Facing Direction East

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions North of 3rd st. West Of La Brea

City Los Angeles

View Y/N N

Senior Community Y/N N

Total Units 7

MLS Area C19 - Beverly Center-Miracle Mile

Lot Size Square Feet 7419.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Poinsettia

Spa Features None

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 8

Standard Status Active

Cap Rate 4.12

Interior

Flooring Carpet Wood

Total Stories 3

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Place

Laundry Features Inside

Total Bedrooms 16

Electric On Property Y/N N

Total Baths 17

Exterior

Parking Features Assigned

Total Parking 14.0

Lot Size Area 7419.0

Number of Buildings 1

Spa N

Building Area Total 12976.0

Lot Size Acres 0.1703

Lot Size Units SquareFeet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 211

* Excluded Features

List By

Jrm Properties

Broker

(323) 951-9778

Phone

Affordability Calculator

$41,563

Per Month

Monthly Principal & Interest: $41,563
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$2,006,100

Percent of Sale Price 66%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/7/2024	$5,950,000		Listed Price

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211 S Poinsettia Place, Los Angeles, CA, 90036 is a Multi-Family Home for sale at $5,950,000 with 12,976 sqft and a lot size of 0.1703. 211 S Poinsettia Place has 16 bedrooms, 17.0 baths, and was built in 1989. The property's zip code is 90036 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/27/2024. 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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211 S Poinsettia Place

Multi-Family Home for sale in Los Angeles, CA

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