1975 S Corning Street Los Angeles, CA ^$ 5,499,000

1975 S Corning Street

^$ 5,499,000

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Recently Listed

1975 S Corning Street

Los Angeles, CA, 90034

^$ 5,499,000

Bedrooms26 Baths21.0 Sq 12,816

Monthly Estimate*

^$ 38,412

Listed by CBRE, Inc.

1975 S Corning Street, Los Angeles, CA 90034 - Image 1

1975 S Corning Street, Los Angeles, CA 90034 - Image 2

1975 S Corning Street, Los Angeles, CA 90034 - Image 3

1975 S Corning Street, Los Angeles, CA 90034 - Image 4

1975 S Corning Street, Los Angeles, CA 90034 - Image 5

Multi-Family Home for sale in Los Angeles, CA

for $5,499,000 with 26 bedrooms and 21 full baths. This 12,816 square foot home was built in 1963 on a lot size of 0.2895.

Classic 60's courtyard building with garden-style, walk-up units, that are prevalent in The Westside. Just North of the 10 Freeway and a few blocks West of La Cienega, the property is located in La Cienega Heights, neighboring Palms - one of The Westside's most robust rental submarkets. A tried-and-true investment option with easy access to jobs, dining and retail in Beverly Hills, Culver City and Hollywood. Highly "walkable" just 2 blocks from a large retail center, anchored by Target, LA Fitness & CVS. Through organic turnover or "cash for keys", a Buyer can expect healthy rent increases and a proforma cap rate of 6%.

Multi-Family Active

Price

^$ 5,499,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.2895

Year Built

1963

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24378401

Days on Market

Features

General

Heating WallFurnace

Cooling None

Zoning LARD2

Year Built 1963

Stories 2

Levels Two

Gross Income 359848.0

County Los Angeles

Net Operating Income 221889.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Near La Cienega & Guthrie

City Los Angeles

View Y/N N

Senior Community Y/N N

Total Units 15

MLS Area C09 - Beverlywood Vicinity

Lot Size Square Feet 12612.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Corning

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 9

Standard Status Active

Exterior

Parking Features Covered

Total Parking 15.0

Lot Size Area 12612.0

Number of Buildings 1

Spa N

Building Area Total 12816.0

Lot Dimensions 90x140

Lot Size Acres 0.2895

Lot Size Units SquareFeet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

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 Street

Total Bedrooms 26

Electric On Property Y/N N

Total Baths 21

Internal Only

Street Number 1 1975

* Excluded Features

List By

Cbre, Inc.

Broker

(310) 363-4900

Phone

Affordability Calculator

$38,412

Per Month

Monthly Principal & Interest: $38,412
Monthly Property Taxes: --
Monthly Home Insurance: --

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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 ^$2,002,074

Percent of Sale Price 64%

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
4/10/2024	$5,499,000		Listed Price

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1975 S Corning Street, Los Angeles, CA, 90034 is a Multi-Family Home for sale at $5,499,000 with 12,816 sqft and a lot size of 0.2895. 1975 S Corning Street has 26 bedrooms, 21.0 baths, and was built in 1963. The property's zip code is 90034 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 4/29/2024. 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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1975 S Corning Street

Multi-Family Home for sale in Los Angeles, CA

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