442 Kelton Avenue Los Angeles, CA ^$ 4,998,000

442 Kelton Avenue

^$ 4,998,000

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Recently Listed

442 Kelton Avenue

Los Angeles, CA, 90024

^$ 4,998,000

Bedrooms8 Baths8.0 Sq 6,190

Monthly Estimate*

^$ 33,218

Listed by Coldwell Banker Realty

442 Kelton Avenue, Los Angeles, CA 90024 - Image 1

442 Kelton Avenue, Los Angeles, CA 90024 - Image 2

442 Kelton Avenue, Los Angeles, CA 90024 - Image 3

442 Kelton Avenue, Los Angeles, CA 90024 - Image 4

442 Kelton Avenue, Los Angeles, CA 90024 - Image 5

442 Kelton Avenue, Los Angeles, CA 90024 - Image 6

442 Kelton Avenue, Los Angeles, CA 90024 - Image 7

442 Kelton Avenue, Los Angeles, CA 90024 - Image 8

442 Kelton Avenue, Los Angeles, CA 90024 - Image 9

442 Kelton Avenue, Los Angeles, CA 90024 - Image 10

442 Kelton Avenue, Los Angeles, CA 90024 - Image 11

Multi-Family Home for sale in Los Angeles, CA

for $4,998,000 with 8 bedrooms and 8 full baths. This 6,190 square foot home was built in 1948 on a lot size of 0.1913.

Rare opportunity to acquire a well maintained and managed 4unit building located in the highly coveted North Village section of Westwood. The traditional style apartment is located two blocks from the UCLA Campus, close to Westwood Village, Century City, Beverly Hills, Brentwood, Bel Air and Santa Monica. Strong Westwood location with built-in tenant source from UCLA with high rental demand. Stable rental market with low vacancy. Tremendous rental upside potential for long term appreciation. The asset, built in 1948, has many updates and upgrades including updated bathrooms, kitchens, heating, tankless water heaters and security cameras. The building is 6190 sq. ft. on a 8331 sq. ft. lot with [Q]R4-1VL Zoning. GRM 17.7 CAP 4.5%

Multi-Family Active

Price

^$ 4,998,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Traditional

Lot Size

0.1913

Year Built

1948

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24385385

Days on Market

Features

General

Sewer Other

Heating Central

Cooling CentralAir WallWindowUnits

Possession CloseOfEscrow

Appliances Dishwasher Disposal Refrigerator Dryer Washer

Zoning LAR4

Architectural Style Traditional

Construction Materials Stucco

Year Built 1948

Tenant Pays Electricity Gas

Stories 2

Levels Two

Gross Income 281856.0

County Los Angeles

Net Operating Income 226623.0

Insurance Expense 4366.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions East of Veteran. North of Wilshire

City Los Angeles

Disclosures RentControl SellerDisclosure

View Y/N N

Senior Community Y/N N

Open Parking Spaces 3.0

NumberOfUnitsTotal 4

MLS Area C05 - Westwood - Century City

Lot Size Units SquareFeet

Lot Size Square Feet 8334.0

Private Pool N

Waterfront Y/N N

Carport Spaces 5.0

Carport Y/N Y

Street Name Kelton

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Property Condition UpdatedRemodeled

Trash Expense 7628.0

Water Sewer Expense 7908.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 8

Standard Status Active

Occupancy Type Tenant

Year Built Source Assessor

Taxes 30371.0

Cap Rate 4.5

Interior

Flooring Carpet Tile Wood

Fireplace Features LivingRoom

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N Y

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Avenue

Total Bedrooms 8

Electric On Property Y/N N

Total Baths 8

Exterior

Parking Features DetachedCarport OneSpace

Total Parking 8.0

Lot Size Area 8334.0

Number of Buildings 2

Spa N

Building Area Total 6190.0

Lot Size Acres 0.1913

Lot Size Source Assessor

Number of Separate Gas Meters 4

Number of Separate Electric Meters 4

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 442

* Excluded Features

List By

Coldwell Banker Realty

Broker

(310) 442-1399

Phone

Affordability Calculator

$33,218

Per Month

Monthly Principal & Interest: $33,218
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,987,900

Percent of Sale Price 60%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/13/2024	$4,998,000		Listed Price

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442 Kelton Avenue, Los Angeles, CA, 90024 is a Multi-Family Home for sale at $4,998,000 with 6,190 sqft and a lot size of 0.1913. 442 Kelton Avenue has 8 bedrooms, 8.0 baths, and was built in 1948. The property's zip code is 90024 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/2/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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442 Kelton Avenue

Multi-Family Home for sale in Los Angeles, CA

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