new - 1 day on rocket

1156 Gordon St, Los Angeles, CA, 90038

$1,850,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

1156 Gordon St, Los Angeles$1,850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingDriveway, Garage
Garage2 spaces
Year Built1910
MLS #SR24242436
Lot Size0.15 Acres
StatusActive

About 1156 Gordon St

We are pleased to present an unbeatable value add investment opportunity with immense rental upside in the heart of Hollywood! Standing on a +/- 6,504 sq ft. lot on the corner of Lexington Ave and Gordon St is a 6 unit building with 5 UNITS DELIVERED VACANT. There are 2 structures on the lot consisting of a 4 unit building and a duplex. All units are spacious and feature 1920's period details. Consists of six 1 bedroom / 1 bath units. The building has a newer roof, copper plumbing, and separate meters for gas and electric. The vacant units present the perfect opportunity to cosmetically remodel the interiors and achieve market rents. The occupied unit is already rented at close to market. When the vacant units are remodeled and rented, the building will generate approximately $150,288 in gross income and operate at a cap rate of at least 6%. The lot also includes 2 garages and an uncovered parking area, which can be used to build 1 or more ADUs for additional income. Less than 1 mile from the Netflix HQ, Paramount Pictures, and many other entertainment/media companies, the building is in a highly desirable rental market with close proximity to Hollywood attractions, the 101 freeway, and Downtown LA.

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Stories: 2

Listing Office:

  • Office Name: Keller Williams Realty Calabasas
  • Office Phone: (818) 915-9118
  • Listing Agent: Anie Mayelian

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Driveway, Garage

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Other

Directions Information:

  • Directions: Gordon St & Lexington Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,850,000

Tax Information:

  • Annual Amount: $6,318
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Map thumbnail provided by MapBox

Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

1156 Gordon St vs Los Angeles

1 DAY ON ROCKET

-37 Days

$1,850,000

+$828.4K More

KEY TAKEAWAY

This property is $828.4K 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: #SR24242436

Listing Office:

  • Office Name: Keller Williams Realty Calabasas
  • Office Phone: (818) 915-9118
  • Listing Agent: Anie Mayelian

IDX 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: 12/4/2024, 3:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 17, 1988Home Sold
$280,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,318$485,406
2020$6,139$480,430
2019$6,024$471,011
2018$5,802$461,773
2017$5,802$452,720

History based on county public records data.

Payment Calculator

$9,301

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,613

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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.

Nearby Schools

school-card-donut-3803564
3
/10

  • Hollywood Primary Center

  • 1115 Tamarind Ave

  • 0.09 miles

  • Public District Grades KG-3

school-card-donut-3803565
6
/10

  • Citizens of the World Charter School Hollywood

  • 1316 N Bronson Ave

  • 0.26 miles

  • Public Charter Grades KG-5

school-card-donut-3803566
7
/10

  • Santa Monica Boulevard Community Charter

  • 1022 N Van Ness Ave

  • 0.33 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,778. The most common annual income of people living in Los Angeles, CA is less than $35k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1156 Gordon St

What is the listing price of this property?

The listing price of 1156 Gordon St property is $1,850,000.

What type of property is this?

The property 1156 Gordon St is a condo located in Los Angeles, California, 90038.

Is this property for sale now?

Active Listing: 1156 Gordon St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,318 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 17, 1988 for $280,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 1156 Gordon St is 1910.

Rocket Homes›California›Los Angeles County›Los Angeles›90038›1156 Gordon St

This home is located at 1156 Gordon St in Los Angeles, CA and zip code 90038 in the Central LA neighborhood. This home, which was built in 1910, sits on a 0.15 acre lot. It has been listed on Rocket Homes since December 02, 2024 and is currently priced at $1,850,000.

Over 512 listings were sold over their listed price in November 2024 in Los Angeles, CA. In the same period over 657 listings were sold below the listed price and 177 listings were sold for the listed price. In November 2024 in Los Angeles, CA there were 0.6% less homes for sale than in October 2024. While the average time on the market in November 2024 was 38 days, the median list price was $1,021,532.

From Rocket Homes Real Estate and based on county public records data.

More Resources