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1539 Corinth Avenue

Los Angeles (City), CA 90025
  • $2,150,000
  • STATUS: Active
  • ON SITE: 227 Days
  • MLS #: SR24162264
Price Reduced
UPDATED: 169 min ago
$2,150,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1953
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. This property presents an astute investor a reposition opportunity as there is approximately 25%+ upside in rents.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-22T00:29:20.747. 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/153394221
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1539 Corinth Avenue Los Angeles (City), CA 90025

  • Price: $2,150,000
  • Status: Active
  • On Site: 227 Days
  • Updated: 169 min ago
  • MLS #: SR24162264
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1953
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. This property presents an astute investor a reposition opportunity as there is approximately 25%+ upside in rents.
Exterior Features

Carport Spaces 0 Entry Level 1 Entry Location 1 Lot Features TreesWalkstreet Number Of Separate Electric Meters 9 Open Parking Spaces 0 Parking Features Assigned Parking Total 5 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Cable Tv Expense 0 Cap Rate 5.34 Common Interest Community Apartment Community Features Gutter(s)Street LightsUrban Electric Expense 1095 Fuel Expense 1000 Garage YN Yes Gross Income 174720 Gross Scheduled Income 174720 Insurance Expense 5415 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 7893 Net Operating Income 114805 New Construction YN No New Taxes Expense 26875 Number Of Separate Gas Meters 9 Number Of Separate Water Meters 1 Operating Expense 54674 Other Expense 800 Pest Control Expense 725 Pool Expense 0 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Supplies Expense 0 Trash Expense 5617 Vacancy Allowance 5242 Water Sewer Expense 2000 Water Source Public Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-22T00:29:20.747. 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)