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OFF MARKET: PUBLIC RECORD

220 S Commonwealth Ave Los Angeles, CA 90004 (Westlake)

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  • Multi-Family Home
  • 16 Bedrooms
  • 12,428 sqft
  • Lot size: 0.37 acres
  • Built in 1966
  • Provided By:
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Property Details for 220 S Commonwealth Ave


Sold > CA > Los Angeles > 90004 > Westlake > 220 S Commonwealth Ave
This property is no longer available to rent or buy. This description is from August 27, 2013
Back on the market! Major price Reduction $200,000. Good opportunity hard to find in the current real estate market. Tremendous upside potential. Current rent is below market. The property consists of 2 2bed 1bath, 12 1bed 1bath and 10 Single 1bath, great mix of units. It is located in the edge of Korea Town and close to Silver Lake in the Mid Wilshire area. Very well maintained building. This property is being sold "as is". Please do not walk onto the property. All the utilities are paid by the Landlord and it's under Rent Control.

220 S Commonwealth Ave Public Records


Official property, sales, and tax information from county (public) records as of 07/2016:
    • Apartment house (5+ units)
    • Lot Size: 0.37 acres
    • County: Los Angeles
    • 16 Bedrooms
    • Built In 1966
    • Tax Rate Code Area: 0-067
    • 12,428 sqft
    • 24 Units

Home Expenses For 220 S Commonwealth Ave


Property Taxes and Assessment of 220 S Commonwealth Ave


Land
Improvement
Total
$2,200,000
+
$1,615,000
=
$3,815,000
Year Tax Assessment Market
2016 $47,316 $3,815,000  N/A
Source: Public Records

Price History & Trends


Real Estate Trends in Westlake

Average listing price for similar homes $2,622,500 31% below listing price
Average listing price for all homes in Westlake $849,778 349% below listing price
Median sale price for all homes in Westlake $449,000 0% below listing price

Sold Homes near 220 S Commonwealth Ave


Address Distance Property Type Sold price Sold date Bed Bath Sqft
609 N Hayworth Ave, Los Angeles CA 4.52 Multi-Family $2,700,000 01/11/17 10 10 6,430
525 N Hayworth Ave, Los Angeles CA 4.51 Multi-Family $2,527,500 10/20/16 9 8 6,166
644 N Harvard Blvd, Los Angeles CA 1.42 Multi-Family $3,395,000 07/28/16 2 2 1,854
456 N Orange Dr, Los Angeles CA 3.29 Multi-Family $2,220,000 08/31/16 7 5 4,952
120 N Orange Dr, Los Angeles CA 3.23 Multi-Family $2,405,000 02/22/17 6 5 4,973
104 N Harper Ave, Los Angeles CA 4.78 Multi-Family $2,480,000 08/01/16 6 4 4,121
429 Witmer St, Los Angeles CA 1.45 Multi-Family $2,000,000 10/14/16 14 12 9,310
1033 N Ardmore Ave, Los Angeles CA 1.68 Multi-Family $2,300,000 07/08/16 17 15 10,092
8822 Rangely Ave, West Hollywood CA 5.80 Multi-Family $3,000,000 08/29/16 3 4 2,754
1521 N Wilton Pl, Los Angeles CA 2.63 Multi-Family $2,300,000 10/07/16 - - 6,241