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Los Angeles, CA 90034
Overview Location Location Property Info Property History Public Records Schools Similar Homes 2023 & 2027 Preuss Road is a portfolio sale of two side-by-side multifamily properties featuring 18 units with the potential of building 4 one-bedroom ADUs. 2027 Preuss APN: 4302-018-011. The complex is situated in the Beverlywood vicinity in West LA, surrounded by Beverly Hills, Cheviot Hills, and Culver City. The 2-level multifamily has upgraded interiors with AC, new wood floors, recessed lighting, a fully redone kitchen with stainless appliances, remodeled bathrooms, new windows, gated access, ...2023 & 2027 Preuss Road is a portfolio sale of two side-by-side multifamily properties featuring 18 units with the potential of building 4 one-bedroom ADUs. 2027 Preuss APN: 4302-018-011. The complex is situated in the Beverlywood vicinity in West LA, surrounded by Beverly Hills, Cheviot Hills, and Culver City. The 2-level multifamily has upgraded interiors with AC, new wood floors, recessed lighting, a fully redone kitchen with stainless appliances, remodeled bathrooms, new windows, gated access, and a large common area for entertainment. Great unit mix 3+2, 2+2, 1+1 with balconies ranging from 750SF to 1050SF. Approved and permitted to build 4 attached one-bedroom ADUs. Well-maintained and managed property with low expenditure that doesn't require on-site management. The Preuss Road is a quiet street comprised of apartment buildings and single-family homes. Its prime location provides easy access to shopping, dining, entertainment, and many public transportation options for quality tenants who seek a convenient lifestyle.
Listed by
Eva Jacobs • DRE #01904512 • Brokerage DRE #00477685 • Vista Sotheby's International Realty
Property Details for 2023 Preuss Road
Zoning LARD1.5
Parcel Number 4302018012
Total Units 18.0
Living Area 17841
Source Living Area Plans
Area Beverlywood Vicinity (C09)
Vacancy Rate Lot Size Area 17369
Compass CA Los Angeles 90034 Beverlywood 2023 Preuss Road Listing Courtesy of Vista Sotheby's International Realty, Eva Jacobs, DRE #01904512
LISTING UPDATED: 06/11/2024 01:34 PM
Property Details for 2023 Preuss Road
Status Active MLS # 24-401871 Days on Market 1 Taxes - HOA Fees - Condo/Co-op Fees - Compass Type Multi Family MLS Type Residential Income Year Built 1963 Lot Size 0.40 AC / 17,369 SF County Los Angeles County
Compass CA Los Angeles 90034 Beverlywood 2023 Preuss Road Listing Courtesy of Vista Sotheby's International Realty, Eva Jacobs, DRE #01904512
Building Information for 2023 Preuss Road
Stories 2 Residences - Year Built 1963 Building Size - Lot Size 0.40 AC / 17,369 SF
$42,960 per month
30 year fixed, 7.25% Interest
The Payment Calculator is for illustrative purposes only.
Property Information for 2023 Preuss Road
Community / Development
Community / Development
Number Of Units: 18
Senior Community: No
Structure Info
Number Of Buildings: 2
Type Of Units: 3+2, 2+2,1+1
Security Features: Gated
Property Condition: Updated/Remodeled
Income & Expenses Information
Income & Expenses Information
Net Operating Income: $439,357.00
Gross Income: $601,080
Cap Rate: 5.86%
Gross Rent Multiplier: $12.50
Monthly GrossI Income: $50,090.00
Financial Info as Of: 05/31/2024
Total Annual Expense: 155805
Expense Operating Percent: $26.00
Interior Features
Heating: Forced Air
Heating Type: Forced Air
Equipment: Dishwasher, Freezer, Refrigerator, Range/Oven, Microwave, Ceiling Fan
Interior Features: Ceiling Fan(s)
Laundry: Community
Exterior Features
Exterior Features
New Construction: No
Other Structures: None
Unit Details
Unit 1 Information
Unit Beds: 3
Unit Baths: 2
Unit Furnished: No
Unit Rent: $3,353.00
Unit Actual Rent: $6,706.00
Unit Projected Rent: $8,000.00
Like Units: 2
Unit 2 Information
Unit Beds: 2
Unit Baths: 2
Unit Furnished: No
Unit Rent: $2,950.00
Unit Actual Rent: $29,497.00
Unit Projected Rent: $33,500.00
Like Units: 10
Unit 3 Information
Unit Beds: 1
Unit Baths: 1
Unit Furnished: No
Unit Rent: $2,315.00
Unit Actual Rent: $13,887.00
Unit Projected Rent: $15,000.00
Like Units: 6
Property History for 2023 Preuss Road
Date Event & Source Price Appreciation
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2023 Preuss Road
Taxable Value Land $1,207,278 Additions $730,401 Total $1,937,679
Tax Record 2023 $24,689 ($2,057 / month)
Home Facts
Total Finished SqFt 8,929 SqFt Above Grade Finished SqFt 8,929 SqFt Lot Size 8,684 SqFt Style Multi-Family Res (5+ Units) Year Built 1963 Zoning LARD1.5 County LOS ANGELES APN 4302-018-012
Schools near 2023 Preuss Road
This home is within
Los Angeles Unified School District
.
Rating
School
Type
Grades
Distance
7 /10 Public - Serves this home K to 5 0.2 mi 5 /10 Public - Serves this home 6 to 8 4.5 mi 7 /10 Public - Serves this home 9 to 12 0.5 mi 3 /10 Public - Choice school 9 to 12 0.5 mi
Rating
School
Distance
7 /10 0.2 mi 5 /10 4.5 mi 7 /10 0.5 mi 3 /10 0.5 mi
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Homes for Sale near Beverlywood Neighborhoods La Cienega Heights Silicon Beach Crestview Picfair Village Brundage Palm Place Western Los Angeles Mclaughlin Washington Culver Clarkdale Mid-City Mcmanus Cheviot Hills-Rancho Park Palms Mar Vista Westside Village West Adams Reynier Village Castle Heights Midway Park Regal Square Cities Culver City Los Angeles Beverly Hills Marina del Rey Santa Monica Venice West Hollywood Playa Vista Westchester Playa del Rey Inglewood Hollywood Pacific Palisades Studio City El Segundo Sherman Oaks Hawthorne Universal City Toluca Lake Burbank ZIPs 90230 90232 90019 90016 90035 90066 90064 90212 90067 90211 90008 90405 90025 90048 90056 90036 90404 90210 90024 90292 More information about 2023 Preuss Road, Los Angeles, CA 90034 2023 Preuss Road is a multi-family home for sale in Los Angeles, CA 90034. This property was listed for sale on June 11, 2024 by Vista Sotheby's International Realty, it's currently listed at $7,495,000. It has been on the market for a total of 1 days and was last sold on November 10, 2011. This listing's school district is Los Angeles Unified School District. Nearby schools include Shenandoah Street Elementary School, Mark Twain Middle School and World Languages Magnet and Alexander Hamilton Senior High School. 2023 Preuss Road is a 32-bed, 30-bath, 17,841 sqft multi-family home built in 1963.
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Vista Sotheby's International Realty, Eva Jacobs, DRE #01904512
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
