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1537 Corinth Avenue

Los Angeles (City), CA 90025
  • $4,395,000
  • STATUS: Active
  • ON SITE: 223 Days
  • MLS #: SR24162235
Price Reduced
UPDATED: 62 min ago
$4,395,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1913
County:

School Ratings & Info

Listing Agent(s): Warren Berzack of Lee & Associates (818-986-9800)


Description

Price Just Reduced - The Corinth Apartments are a well maintained rent controlled property located in the City of Los Angeles in West Los Angeles. Built with beautiful European architecture this property presents an astute investor a reposition opportunity as there is approximately 10% upside in rents.* Reposition Opportunity* Great West LA Location* Adjacent Building Is Also For Sale

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-18T15:34:37.537. 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 deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/153394256
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1537 Corinth Avenue Los Angeles (City), CA 90025

  • Price: $4,395,000
  • Status: Active
  • On Site: 223 Days
  • Updated: 62 min ago
  • MLS #: SR24162235
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1913
Built
Neighborhood:
WLA - West Los Angeles
County:
Los Angeles
Area:
WLA - West Los Angeles
Property Description
Price Just Reduced - The Corinth Apartments are a well maintained rent controlled property located in the City of Los Angeles in West Los Angeles. Built with beautiful European architecture this property presents an astute investor a reposition opportunity as there is approximately 10% upside in rents.* Reposition Opportunity* Great West LA Location* Adjacent Building Is Also For Sale
Exterior Features

Carport Spaces 0 Entry Level 1 Entry Location 1 Lot Features Back YardLandscapedRectangular Lot Number Of Separate Electric Meters 19 Open Parking Spaces 0 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Cap Rate 5 Common Interest Community Apartment Community Features CurbsStreet LightsSidewalksUrban Electric Expense 3549 Fuel Expense 1000 Garage YN No Gross Income 354826 Gross Scheduled Income 354826 Insurance Expense 13500 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Maintenance Expense 21490 Net Operating Income 118394 New Construction YN No New Taxes Expense 54938 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 118394 Other Expense 1800 Pest Control Expense 1371 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Vacancy Allowance 10645 Water Sewer Expense 6000 Water Source Public Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-18T15:34:37.537. 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 deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
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Desert Area Homes For Sale | Premier Properties
78115 Calle Estado #104
La Quinta CA, 92253
Listing Agent(s): Warren Berzack of Lee & Associates (818-986-9800)