1006 S  Record Ave, Los Angeles, CA 90023
FOR SALE
Listed by Peter Vallier, Benjamin Frank Venti Realty, (626) 570-8863

1006 S Record Ave
Los Angeles, CA 90023

  • 22 Beds
  • 18 Baths
  • 9,798 sqft
  • 22 Beds
  • 18 Baths
  • 9,798 sqft

$3,500,000

Est. Mortgage $22,369/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

Description

Record Avenue Apartments at 1006 Record Avenue is a private gated multi-family apartment complex in the heart of East Los Angeles. A unique multi-family offering comprises two family-managed apartment buildings with six units on separate parcels that can be sold together or separately for an investor to oversee or an owner to occupy and lease out. This property would be an excellent opportunity for owners looking to upgrade to a larger rental property. Encompassing 12 fully occupied units with a mix of six two-bed/two-bath units and four two-bed/one-bath units, with ample land for two parking spaces for each unit, which is very rare in this area. Each 6 unit building can be sold separately for $1,750,000. Each building has one one-bed/bath ,two two/one-bath units and three two/two-bath units. Each building has its owner separate washer and dryer in a common area. The property is in a dense residential area of East Los Angeles, one of LA’s oldest and most influential communities about five miles from Downtown Los Angeles. Close to the high-end community of Monterey Park, nestled four miles away and simply a five-minute drive to the vibrant entertainment, restaurants, and shopping corridor on Whitter Boulevard. East Los Angeles College is three miles away, drawing many students looking for housing to 1006 S Record Avenue. Record Avenue Apartments has hassle-free connectivity reaching Interstate 710, Interstate 5, and Route 60 in less than a mile. Well maintained, with incredible accessibility, Record Avenue Apartments is primed to offer an ideal investment opportunity to own a multi-family asset.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$357
Listed
33 days ago

Home Details for 1006 S Record Ave

Interior Features

Interior Details
Number of Rooms: 2Types of Rooms: Bedroom 1, Bedroom 2
Beds & Baths
Number of Bedrooms: 22Number of Bathrooms: 18
Appliances & Utilities
Utilities: Cable Available, Electricity Connected, Propane, Water ConnectedAppliances: Convection Oven, Dishwasher, Gas Oven, Gas Range, RefrigeratorDishwasherLaundry: CommunityRefrigerator
Heating & Cooling
Heating: PropaneHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Propane
Fireplace & Spa
Fireplace: NoneSpa: NoneNo FireplaceNo Spa
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Common Walls: 2+ Common Walls
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoEntry Location: GateAccessibility: 2+ Access Exits, Parking
View
No ViewView: None
Security
Security: 24 Hour Security, Automatic Gate, Gated Community

Exterior Features

Exterior Home Features
Roof: Synthetic Tar GravelFencing: Average Condition, Wrought Iron, FencedNo Private Pool
Parking & Garage
No Garage
Pool
Pool: None
Frontage
Road Frontage: Access RoadNot on Waterfront
Water & Sewer
Sewer: Unknown
Surface & Elevation
Elevation Units: Feet

Days on Market

Days on Market: 33

Property Information

Year Built
Year Built: 1990
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Not a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Condition: Updated/RemodeledParcel Number: 5239019042

Price & Status

Price
List Price: $3,500,000Price Per Sqft: $357

Active Status

MLS Status: Active

Location

Direction & Address
City: Los Angeles

Agent Information

Listing Agent
Listing ID: OC24051871

Building

Building Area
Building Area: 9798 Square Feet

Community

Community Features: Curbs, Street LightsNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 8742 sqft

Listing Info

Special Conditions: Standard

Compensation

Buyer Agency Commission: 2Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Expense
Tenant Pays: All Utilities

Rental

Has Rent Control

Miscellaneous

Mls Number: OC24051871Attribution Contact: 949-280-5931

Additional Information

CurbsStreet Lights
Last check for updates: about 8 hours ago
Listing Provided by: Peter Vallier DRE #01875789, (949) 280-5931
Benjamin Frank Venti Realty
Originating MLS: California Regional MLS
Source: CRMLS, MLS#OC24051871

Price History for 1006 S Record Ave

DatePriceEventSource
03/14/2024$3,500,000Listed For SaleCRMLS #OC24051871
08/17/2023$3,500,000ListingRemovedCRMLS #OC22241530
11/16/2022$3,500,000Listed For SaleCRMLS #OC22241530

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Comparable Sales for 1006 S Record Ave

Address
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Sold Price
Sold Date
Bed
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Sqft
0.18
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04/05/24
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3
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0.22
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$825,000
12/29/23
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0.74
Multi-Family Home
$875,000
06/30/23
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8
2,888
0.76
Multi-Family Home
$850,000
05/12/23
8
8
3,976
0.18
Multi-Family Home
$730,000
02/13/24
5
2
1,662
0.64
Multi-Family Home
$850,000
09/27/23
12
9
1,518
0.47
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$800,000
01/17/24
7
3
2,577

What Locals Say about Los Angeles

  • 79vb8t6r6c
    "Limited sidewalks and street lighting at night. I rarely walk or stroll around in the area and drive everywhere. A few restaurants and a coffee shop is walkable, about 15 minutes on near Wilshire."
    0
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  • Neighbor not friend
    "Car traffic due to alt freeway entrances has become dangerous for walking or biking. Some vandalism exists. "
    1
    Flag
  • Greg Klein
    "I grew up here, and it feels very much like home. The traffic is minimal, there’s both high and lower end shops, and it’s incredibly safe and quiet."
    0
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  • BZ
    "Venice is unique and eclectic with wonderful restaurants and a fun nightlife. It’s a great place for young people. "
    1
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  • Adam Harman
    "Very walkable streets and high dog population neighborhood. Lots of people out walking in the evenings on a nice day, many with baby strollers, dogs or both."
    0
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  • Adam Harman
    "We moved to this neighborhood as a predominate work-from-home location. It’s a good community with lots of lot space where even in heavy commuter traffic you can get to the west side in ~45 mins. This feels especially satisfying compared to further out communities that people go for similar space but require 1-1.5 hour commutes each way."
    0
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  • Adam Harman
    "Neighborhood has yearly events, such as a holiday get together and the area draws a lot of people for Halloween festivities. There’s a number of young families that have come into the area in the past couple years and there’s good above average interaction and playtime amongst them, compared to other areas of Los Angeles from experience."
    0
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  • Trulia User
    "I mostly commute by car or bicycle. There are glstretts with sidewalks and many trees, quite area to walk with dogs. Also, Lake Balboa and VNSO within 10min drive. I like Sherman Oaks "
    0
    Flag
  • Amolina23
    "Don’t have kids here, it is not a safe place but there is a lot of culture #Respect you gotta hustle to be here fr "
    3
    Flag
  • John
    "A few good parks for dogs at the periphery of the neighborhood, many dog lovers. However sidewalks disappear at critical moments making walking with a dog treacherous and there's some big dog phobia here (same as many parts of LA) "
    0
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  • Trulia User
    "I work in the area it seems pretty safe at night but still there are some seedy characters. But not harmful. I feel safe going to my car and work "
    1
    Flag
  • Trulia User
    "I’m not a parent. But there are A lot of families in the area. Very walkable but pricey. Good schools I think. "
    0
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  • 7r6vvrxtc2
    "Bums everywhere, screaming….lots of oglers when walking down the street….crowded, no playgrounds . Good for visit, not for living. "
    2
    Flag
  • Natalia Modenova
    "It’s clean and safe it’s very good for kids of all ages really that’s it that I have to say - well my friends raise kids here "
    0
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  • rnewcomb33
    "Nobody knows anyone Some neighborhoods are brotherly and others are distant and less interactive. Knownmsayin? "
    0
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  • Chalit V
    "Great convenient safe area next to everything. Beach. Shopping. Downtown. Long Beach. OC. Restaurants. "
    0
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  • Pxleclipse
    "There are cool art-related events at Giant Robot. B Sweet has a live band on certain nights of the week."
    1
    Flag
  • Trulia User
    "I wouldn’t raise a child here. Look further out. There are nice apartments, sure, but the environment alone isn’t great for walks or going out with kids. "
    0
    Flag
  • Hannah Gutierrez
    "Residents are very supportive of schools in the neighborhoods when it comes to fundraising, food insecurity, parades, etc"
    0
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  • Blondecowboyinla
    "We have friendly neighbors who know each other, interact, talk and invite neighbors over for events and get togethers."
    0
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  • Sugar1975
    "Friendliest families that have lived on Lemon Grove and Hobart for over 15 years. Lemon Grove Park and Melrose Hills make for a nice late afternoon walk with our two toddlers. "
    0
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  • Fzjjg6m8hq
    "Not good place for dogs traffic is too out of control people drive super fast run stop signs not a nice area neighbor wise "
    0
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  • Trulia User
    "I am very close to the expo line down town to Santa Monica and everything in between very easy and convenient to get to with a short walk "
    0
    Flag
  • Gwendolyn Anthony
    "Not available bad this scares is not safe for the disable. B very careful. Senior citizen beware. Safety is a issues"
    2
    Flag
  • Lucy Ceja
    "Dogs that are kept inside are too loud and some dogs even can jump the fence. Lots of dogs also leave outside no owner no leashed not dangerous dogs "
    1
    Flag
  • Evelin
    "There’s regular traffic, and there’s some good areas and some bad areas people usually commute by car "
    0
    Flag
  • Charles CJ Ramsey III
    "It’s definitely a lot more peaceful than the inner city. It’s a quiet area with a lot of hard working families. "
    1
    Flag
  • Santiago Juyo
    "Food and trash on the ground can be dangerous so annoying to deal with here in Venice. Lots of green areas "
    1
    Flag
  • Aldric G.
    "Dog owners would like walking their dogs around the neighborhood as the blocks are big enough for good walking distances and there is a park nearby for dogs to run around and play."
    0
    Flag
  • Djgmyzwdkp
    "Great place to raise kids, close to parks, music centers, and children’s private classes , water wings, gymnasium etc."
    0
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  • Gsauce2327
    "I live on Altura Ave and my neighbors are some of the best people I know. My neighbors older son goes to the same school as my oldest and he drives him to school. In the summer months our neighbor lets my kids use his pool to cool off."
    1
    Flag
  • Balaji.swami
    "Many events, elks lodge, Halloween and other partners year around. Neighbors grow their own food and plant trees"
    2
    Flag
  • M9dwwn7679
    "Lots of dog walkers about, active community, especially in the mornings and evenings. Some small dog parks are around. "
    1
    Flag
  • Logan Martin
    "Daily driver, apartment complex gated. Double gates. Left right left right straight for a while then over the hill. "
    0
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  • Hv24c2h8yj
    "Everyone want keeps to themselves. It's pretty quit. The downside is there aren't too many healthy food options and areas to work out."
    3
    Flag
  • Paul N Caporaso
    "Diversity and architecture are both very important aspects of the neighborhood. There are great small businesses as well, especially along Pico. Needs safer streets though as cars speed all the time and the area is pinch point for several main boulevards. "
    2
    Flag
  • Jasmine.rubin93
    "Very cultural and pretty views Great community nice neighbors Feels like you live in a small town inside the city "
    0
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  • elianna arvizu
    "I lived in this neighborhood for over a year. The weekends are loud you can hear music being played from houses down the street. Not walkable at all. Huge dogs everywhere and doesn’t feel the safest. Pretty dirty and unmaintained. Closest grocery store is a food for less which is dirty and not where I would want to buy my groceries."
    14
    Flag
  • Wesley S
    "No good for living in this place, a lot homeless, streets dirty, not safely for your family or friends"
    0
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  • Meagan8819
    "It is pretty scary here. As soon as we can come up we are out of this place. Going north or somewhere we do these gunshots every night. "
    5
    Flag

LGBTQ Local Legal Protections

Peter Vallier, Benjamin Frank Venti Realty
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. 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
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
1006 S Record Ave, Los Angeles, CA 90023 is a 22 bedroom, 18 bathroom, 9,798 sqft multi-family built in 1990. This property is currently available for sale and was listed by CRMLS on Mar 14, 2024. The MLS # for this home is MLS# OC24051871.