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Image 1 - 819 Beacon Ave, Los Angeles, California, 90017 - House for sale
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Home For Sale In Los Angeles, California
819 Beacon Ave, Los Angeles, California, 90017

Home For Sale In Los Angeles, California

house for sale
Listed: 06/03/24

819 Beacon Ave, Los Angeles, California, 90017

8 Bed:
15 Bath:
10,340 Sq Ft Living Area:
Save
Price
$ 2,43M

About This House

We are pleased to present 819 Beacon Ave, a charming 15-unit multifamily property located in the vibrant Westlake neighborhood of Los Angeles. Constructed in 1906, this property comprises a balanced mix of 7 single and 8 one-bedroom units, spread across a building area of10, 340square feet on a7, 750square foot lot. Its proximity to the trendy area of Koreatown and the bustling downtown Los Angeles offers investors a unique blend of historical charm and access to a dynamic urban lifestyle, attracting a broad tenant base. At 819 Beacon Ave, through strategic renovations, investors have the opportunity to capture up to 25% market rental upside. The property's utility setup also offers a cost-saving opportunity. Since it is master-metered, introducing Ratio Utility …  Full description

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Westlake South Housing & Living

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.