Views
Address
5804 San Vicente Boulevard Los Angeles, CA
Price
$ 3,600,000
Property Attributes
  • MLS#21794222
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaBeverly Center-Miracle Mile
  • Zip90019
  • Style
  • Price$ 3,600,000
  • Bedrooms12
  • Full Bathrooms12
  • Half Bathrooms0
  • Sqr Footage9818
  • Lot Size9,715 SqFt
Listing Provided Courtesy Of:
Dana Brody with Dana Brody
Data Source:
Combined LA/Westside MLS (CLAW) - 318 - CA
Property Description

We are very pleased to offer for sale for the first time in over 50 years The San Vicente Apartments, 12 units situated in the highly coveted Wilshire Vista neighborhood of Los Angeles. Located at the SW corner of Curson Avenue and San Vicente, 5804 San Vicente is a beautifully charming 12 unit building that features all one-bedroom units and parking for 10 cars (4 in the back and 6 in the front garage). The San Vicente apartments boast a solid 84 Walkscore, as its located minutes from both The Grove, Beverly Center and Cedars Sinai as well as the upcoming UCLA hospital near the corner of Olympic and San Vicente. The units are separately metered for gas and electric, and the property boasts fully updated plumbing and electrical as well as all new Milgard windows installed with permits in 2020. Priced at $300,000 per unit and $366 per gross square foot, The San Vicente Apartments is an excellent multi-family investment opportunity. In addition to the solid fundamentals, the property offers a new owner over 40% in very achievable income upside potential. Market rents in the area call for a minimum of $2,150 for a redone 1 bedroom unit, making this an excellent multi-family investment property that has been well maintained and cared for with a stable income stream ready to be taken to the next level!

Price History
10/12/2021 Listed $3,600,000

General Features

Appliances Dishwasher, Refrigerator
Facing Direction North
Garage Y/N Yes
Heating Wall Furnace
Levels Two
Listing Agent Dana Brody - BRE#01429001
Listing Agent State License 01429001
Lot Size Square Feet 9715
MLS Area C19 - Beverly Center-Miracle Mile
Property Type Residential Income
Senior Community Y/N No
Special Listing Conditions Standard
Status Active
Stories 2
Terms Cash
Total Actual Rent 15512
Total Units 12
View City Lights
Zoning LAR3

Interior Features

Heating Y/N Yes

Exterior Features

Lot Size Acres 0.22
Lot Size Area 9715
Lot Size Source Assessor
Lot Size Units Square Feet
Number of Buildings 1
Parking Features Garage, Tandem, Uncovered
View Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90019

Price
AVG $2.02M
$3.6M
Visits
AVG 118
2
Year Built
AVG 1937
1950
Walkscore
AVG 83
87
Data Provided by Walkscore ® not using MLS data

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