1306 talmadge st

los angeles, CA 90027

units

4

sqft

3,221

lot size

6,783

year built

1922

$1,999,999

DOM: 94Partially VacantActive

$/unit

$500k

$/sqft

$621

GRM

14.6

CAP

4.9%

PadMint Analysis
Listing Details
Rent Comps
Sales Comps

Rent Roll

# UnitsBedsBathsCurrent RentMarket Rent
1 vacant11$825 Market Rent$825
1 21$1,600 $2,800
1 21$1,558 $2,700
1 vacant32$3,800 Market Rent$3,800
1 vacant32$3,600 Market Rent$3,600
total monthly rent$11,383$13,725 +0%

Conventional Owner Occupied Financing (estimated)

Price
$1,999,999.00
Down Payment
20.00%
$399,999.80
Interest Rate
3.625%
Monthly Payment
$1,028.05

Razmik Tatos

DRE #00997879

Atlas Real Estate & Finance G

Valuation Tool

Adjust the monthly rent below to see the Minted Estimate.

PadMint's Minted Estimate provides an estimated property value based on current market conditions and income data.

i

monthly rent

$11,383.00

Similar Nearby Properties

0

Listing VS Assessor

Sometimes the information from the listing doesn't match the information sourced from the county assessor. View the table below to see how the information compares.

FieldValue From ListingValue From Assessor
# of Units44
SQFT3,2213,221
Lot Size6,7836,783
Year Built19221922
ZoningLAR2LAR2
APN5430-031-0335430-031-033

Sale History

PadMint does not have any sale history data for 1306 TALMADGE ST.

1306 Talmadge Street is a four unit multi-family building in Los Angeles, CA 90027. This 3,221 square foot building sits on a 6,783 square foot lot zoned as LAR2 and features two 3bed 2bath, two 2bed 1bath, and one 1bed 1bath units. This property was built in 1922 and is currently partially vacant. At its current asking price of $1,999,999 and current estimated monthly income of $11,383, this investment opportunity has an estimated CAP rate of 4.92% and an estimated GRM of 14.64.

Disclaimer: PadMint Inc. makes no warranty or representation about the content of the PadMint website. This information has been secured from sources we believe to be reliable, however all references to square footage, age, rents, projected rents, zoning, number of legal units and similar property-specific details should be considered approximations. Buyer must verify the information and bears all risk for any inaccuracies. This advertisement is not intended as a solicitation if your property is currently listed with another brokerage.

“Market rents are merely estimates by PadMint Inc. and may take into account substantial renovations. Seller and broker do not warrant or guarantee the stated estimated market rent. Buyer should use their own estimate of market rents. The information contained herein has been obtained from sources we deem reliable but is not guaranteed. Prospective buyers are advised to independently verify accuracy and to review any disclosure information on file with this office. Buyer to confirm unit and building measurements. PadMint Inc. does not warrant the accuracy of any representations of size of units, size of building or lot size.”

Note: The above expenses and vacancy factor are estimated only, based partly on industry standards. All prospective buyers should determine their own numbers for all expenses and the vacancy factor.

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Razmik Tatos

DRE #00997879

Atlas Real Estate & Finance G