1416 Malvern Avenue
Los Angeles, CA 90006
Sold
PRICE REDUCED TO FAST SELL!!! Well Maintenance 4 Unit Income property, located on of most desired rental place, within minutes of DTLA, Korea town and USC. New Pavement , New Roofing with City Permit (2018), New Exterior Paint with City Permit (2021), Foundation Repaired(2019) and with light remodeling all units. Rent can be raised up to 7%. All utilities are paid by the owner. See attached for CAP/GRM One of units is belongs to Section 8. The property located "ALVARADO TERRACE HISTORIC DISTRICT PARK(cozy and cleaned)" is a designated historic district in the Pico-Union district of Los Angeles. $400 is the storage rental income as M-T-M.
PROPERTY INFORMATION
MLS # | 23272875 | Lot Size | 6,366 Sq. Ft. |
HOA Fees | $0/Monthly | Property Type | N/A |
Price | $ 849,000
Price Per SqFt: $ 271 |
DOM | 740 Days |
Address | 1416 Malvern Avenue | Type | Residential Income |
City | Los Angeles | Sq.Ft. | 3,135 Sq. Ft. |
Postal Code | 90006 | Garage | N/A |
County | Los Angeles | Year Built | 1915 |
Bed / Bath | 5 / 0 | Parking | 1 |
Built In | 1915 | Status | Closed |
Sold Date | 2023-07-26 |
INTERIOR FEATURES
Has Appliances | Yes |
Kitchen Appliances | Disposal |
Has Heating | Yes |
Heating Information | Wall Furnace |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $906
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
Date | Event | Price |
07/26/2023 | Sold | $800,000 |
05/22/2023 | Listed | $849,000 |

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Listing provided courtesy of Eui Chang, The H Realty. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.