1544 Council St
Los Angeles, CA 90026 (Westlake)
$918,432 Trulia Estimate

1544 Council St
Los Angeles, CA 90026

(Westlake)
  • 4 baths
  • 2,376 sqft
  • 4,771 sqft lot size
  • Multi-Family
Off Market · Public Record
$918,432 Trulia Estimate
1544 Council St
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  • 1 Elementary School

    1 Middle School

    1 High School

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  • Lowest crime relative to the rest of Los Angeles county.

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  • 79% of residents commute by car.

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  • 353 Restaurants

    41 Grocery stores

    92 Nightlife

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Off Market · Public Record

Home Details

Overview
  • Multi-Family
  • 4 Baths
  • Built in 1979
  • 4,771 sqft lot size
  • 2,376 sqft
Description

This property is no longer available to rent or buy. This description is from November 21, 2016
Marcus & Millichap as the exclusive listing agent, is pleased to present a non- rent controlled 1979 construction 4-unit apartment building located at 1544 Council Street. This offering is in the rapidly gentrifying Historic Filipinotown neighborhood, just north of Downtown Los Angeles. This charming, and well maintained 2 story building consists of four 1 bedroom 1 bathroom units.This property offers a great opportunity for an investor to come in and capture the rental income upside by bringing the non rent controlled rents to market. The property offers on site parking, as well as gated access. The building is in walking distance to schools, shopping, and award winning restaurants, having received a Walking Score of 83 (very walkable). Surrounding the property you will find Rockwood Park, Beverly Park, Echo Park lake, and Vista Hermosa park. The owners neighboring building is also on the market. Owner prefers to sell both properties as a portfolio.

Price History
Date
Price
Event

01/17/2017
$750,000
Posting removed

01/03/2017
$750,000
Pending

11/21/2016
$750,000
Listed for sale

Property Taxes and Assessment
Year
2017
Tax
$10,185.89
Assessments
$825,000
Land
$495,000
Improvements
$330,000
Total
$825,000
Market Value
N/A

Affordability
Additional Costs

Price Trends
Real Estate Trends
Average Listing Price for 90026
$1,279,837
Median Sale Price for 90026
$965,000
Average Sale price/sqft for 90026
$791/sqft
Comparables and Estimates
Sold Homes
Address Distance Property Type Sold Price Sold Date Bed Bath Sqft
2.89
Multi-Family
$265,000
11/01/17
5
4
3,024
3.49
Multi-Family
$675,000
11/09/17
4
3
1,852
4.47
Multi-Family
$690,000
10/31/17
4
4
4,232
0.94
Multi-Family
$1,007,000
10/31/17
3
2
1,868
4.15
Multi-Family
$505,000
10/20/17
4
2
1,952
3.41
Multi-Family
$560,000
10/25/17
6
3
2,085
3.48
Multi-Family
$405,000
10/27/17
5
3
2,254
1.76
Multi-Family
$800,000
10/31/17
2
3
1,770
2.84
Multi-Family
$1,060,000
10/27/17
8
4
4,160
3.57
Multi-Family
$660,000
10/24/17
4
2
1,906

Contact Info


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