We are pleased to present the opportunity to acquire 2730 Council St. A multifamily building comprised of 4 units on a very quiet street and ideally located in the heart of Los Angeles, The property is located in Historic Filipinotown and only minutes away from Echo Park, Silverlake, Koreatown, Hollywood, Downtown, and within close proximity to various shops, restaurants, and entertainment districts. Beautifully designed with the highest standard of quality and craftsmanship. This modern property offers energy efficient building materials, stainless-steel appliances, and designer finishes. Completed in October 2023. Currently fully leased non-rent controlled fourplex with a cap rate of 5.07%. All units separately metered for gas, electricity, and water. Solar panels for all units to keep expenses low. Tenants pay all utilities. Total gross rents $17,300 per month.
Property Details
Property Features
Property Information:
Year Built: 2023
Stories: 3
Listing Office:
Office Name: Mancuso Properties III, Inc. D
Office Phone: (310) 720-6627
Listing Agent: PETER PABLICO
Interior Features
Interior Information:
Appliances: Dishwasher, Range, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Vented Exhaust Fan, Dryer, Washer
Flooring Type: Vinyl
Interior: Balcony, Quartz Counters, Unfurnished
Fireplace: None
Exterior Features
Exterior Information:
Private Pool: No
View: City Lights
Parking Information:
Garage Space: 1 space
Parking: Assigned
Lot Features
Lot Information:
Lot Size: 0.11 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
School Info
Assigned Schools Information:
Belmont Senior High School, Public District Grades 9-12
Contreras Learning Center-Los Angeles School of Global St, Public District Grades 9-12
Contreras Learning Center-School of Social Justice, Public District Grades 9-12
Virgil Middle School, Public District Grades 6-8
Studio, Public District Grades 6-8
Rosemont Avenue Elementary School, Public District Grades KG-5
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Academy For Enriched Sciences, Public Magnet Grades 1-5
Other
Directions Information:
Directions: West of 101 freeway and East of Beverly Blvd.
Price Information
Listing Price Info
Price Summary:
List Price: $3,499,000
Tax Information:
Annual Amount: $2,220
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $2.5M more than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #WS24042174
Listing Office:
Office Name: Mancuso Properties III, Inc. D
Office Phone: (310) 720-6627
Listing Agent: PETER PABLICO
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/2/2024, 12:25:22 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$2,220
$167,808
2020
$2,159
$166,088
2019
$2,076
$162,832
2018
$2,034
$159,640
2017
$2,034
$156,511
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
Rosemont Avenue Elementary School
421 Rosemont Ave
Distance between this listing and this school0.46 miles
Public District Grades KG-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school3.97 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school22.48 miles
Public Magnet Grades 1-5
Middle School
4
/10
Virgil Middle School
152 N Vermont Ave
Distance between this listing and this school0.72 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school3.28 miles
Public District Grades 6-8
High School
2
/10
Belmont Senior High School
1575 W 2nd St
Distance between this listing and this school1.03 miles
Public District Grades 9-12
1
/10
Contreras Learning Center-Los Angeles School of Global St
322 Lucas Ave
Distance between this listing and this school1.36 miles
Public District Grades 9-12
2
/10
Contreras Learning Center-School of Social Justice
322 Lucas Ave
Distance between this listing and this school1.36 miles
Public District Grades 9-12
Assigned Schools
5
/10
Rosemont Avenue Elementary School
421 Rosemont Ave
Distance between this listing and this school0.46 miles
Public District Grades KG-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school3.97 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school22.48 miles
Public Magnet Grades 1-5
Assigned Schools
4
/10
Virgil Middle School
152 N Vermont Ave
Distance between this listing and this school0.72 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school3.28 miles
Public District Grades 6-8
Nearby Schools
4
/10
Vista Charter Middle School
2900 W Temple St
Distance between this listing and this school0.17 miles
Public Charter Grades 6-8
Assigned Schools
2
/10
Belmont Senior High School
1575 W 2nd St
Distance between this listing and this school1.03 miles
Public District Grades 9-12
1
/10
Contreras Learning Center-Los Angeles School of Global St
322 Lucas Ave
Distance between this listing and this school1.36 miles
Public District Grades 9-12
2
/10
Contreras Learning Center-School of Social Justice
322 Lucas Ave
Distance between this listing and this school1.36 miles
The neighbors living near this home have an average income of $52,778. The most common annual income of people living in Los Angeles, CA is between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
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This home is located at 2730 Council St in Los Angeles, CA and zip code 90026 in the Central LA neighborhood. This home, which was built in 2023, sits on a 0.11 acre lot. It has been listed on Rocket Homes since March 15, 2024 and is currently priced at $3,499,000.
While more than 701 listings in Los Angeles, CA in April 2024 were sold above asking price, there were more than 204 listings sold at asking price, and more than 629 were sold below. Between March 2024 and April 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 14.9%. While the average time on the market in April 2024 was 34 days, the median list price was $986,427.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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