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Image 1 - 11408 Ohio Ave, Los Angeles, California, 90025 - House for sale
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Ohio Ave, Los Angeles, Home For Sale
11408 Ohio Ave, Los Angeles, California, 90025

Ohio Ave, Los Angeles, Home For Sale

house for sale
Listed: 08/11/24

11408 Ohio Ave, Los Angeles, California, 90025

3 Bed:
7 Bath:
2,536 Sq Ft Living Area:
Save
Price
$ 1,6M

About This House

We are pleased to present a 5-unit (4 units + Single Family Home) property located in West LA for only$1, 595, 000with 3 of 5 units NOT subject to rent control and 2 units delivered VACANT! This opportunity is located one block north of Santa Monica Blvd, just west of the 405, and in very close proximity to Sawtelle Blvd, one of the trendiest corridors in Los Angeles with numerous iconic Sawtelle Japantown restaurants including Mizu 212, Sushi Tsujita, Wine Kitchen House, Hermanito, Donting Noodle, and Tempura House. The building currently operates at a 5.57% CAP on current rents (assuming market rents for the vacant units), with rental upside potential to a 6.25% CAP on pro-forma rents. The property consists …  Full description

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Sawtelle 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.