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Backup Offers

207 N Savannah St, Los Angeles, CA, 90033

$2,300,000

Home List Price

$10,000*

Closing Credit

26 Bedrooms
17 Baths
11,170 SqFt
$206/SqFt
House

Location

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207 N Savannah St, Los Angeles$2,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingCovered, Gated
Year Built1932
MLS #24445363
Lot Size0.33 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 207 N Savannah St

Do Not Walk the Property or Disrupt Tenants. Contact Listing Team for Property Showing Instructions. We are pleased to present for sale a unique value-add opportunity located at 207 North Savannah Street. The 17-unit building is comprised of three studio units, two one-bedroom/one-bath units, and twelve two-bedroom/one-bath units. This property is located in the Boyle Heights neighborhood, which is minutes east of Downtown Los Angeles and The Arts District. This property sits on North Savannah Street, between Cesar Chavez Avenue and 1st Street, just west of Evergreen Avenue. Tenants of the building benefit from immediate access to the 10-freeway, and less than a 14-minute bike ride to the Art's District of Downtown Los Angeles. Additionally, the Gold Line Station at Soto Street is only a 10-minute walk and gives access to employment hubs throughout Los Angeles MSA. The Sixth Street Viaduct opened to the public in July 2022 and adds another thoroughfare into the Arts District. The $588 million-dollar project crosses over a new public park. The much-discussed effort to restore the Los Angeles River continues to drive new development in the surrounding neighborhoods as eight firms compete to restore the section of the river that runs between Downtown Los Angeles and Boyle Heights. This property offers an investor the rare opportunity to acquire a mid-century constructed asset at an extremely favorable basis of $135,294 per Unit for mostly two-bedroom units, with on-site parking.

Property Details

Property Features

Property Information:

  • Year Built: 1932
  • Stories: 2
  • Living Area: 11,170 SqFt

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (310) 909-5500
  • Listing Agent: Sean Rosenzweig

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 26

Exterior Features

Parking Information:

  • Parking: Covered, Gated

Lot Features

Lot Information:

  • Lot Size: 0.33 Acres

Other

Directions Information:

  • Directions: West of North Evergreen Avenue & South of Michigan Avenue

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,300,000
  • Price Per SqFt: $206/SqFt

Tax Information:

  • Annual Amount: $34,138
  • Tax Year: 2021
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Housing Market Comparison

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

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

207 N Savannah St vs Los Angeles

85 DAYS ON ROCKET

+47 Days

$2,300,000

+$1.2M More

$206/SqFt

-$434 Less

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $434/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24445363

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (310) 909-5500
  • Listing Agent: Sean Rosenzweig

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: 12/22/2024, 1:20:58 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

Feb 21, 2020Home Sold
$2,725,000

Tax History

YEARPROP. TAXASSESSMENT
2021$34,138$2,753,911
2020$12,553$936,649
2019$12,336$918,284
2018$12,051$900,280
2017$12,051$882,629

History based on county public records data.

Payment Calculator

$11.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,962

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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.

Nearby Schools

school-card-donut-840040
6
/10

  • 1st Street Elementary

  • 2820 E 1st St

  • 0.11 miles

  • Public District Grades PK-6

school-card-donut-840041
6
/10

  • Kipp Promesa Preparatory

  • 207 S Dacotah St

  • 0.33 miles

  • Public Charter Grades KG-4

school-card-donut-840042
6
/10

  • Malabar Street Elementary

  • 3200 Malabar St

  • 0.53 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,213. Typical income of Los Angeles, CA residents is less than $35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 207 N Savannah St

What is the listing price of this property?

The listing price of 207 N Savannah St property is $2,300,000.

What type of property is this?

The property 207 N Savannah St is a house located in Los Angeles, California, 90033.

Is this property for sale now?

Accepting Backup Offers: 207 N Savannah St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $34,138 (source: MLS/based on county public records data).

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

The last sale was on February 21, 2020 for $2,725,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 207 N Savannah St has 26 bedrooms and 17 bathrooms.

What is the square footage of this property?

The property 207 N Savannah St is 11,170 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 207 N Savannah St is 1932.

Rocket Homes›California›Los Angeles County›Los Angeles›90033›207 N Savannah St

This home is located at 207 N Savannah St in Los Angeles, CA and zip code 90033 in the Boyle Heights neighborhood. This 11,170 square foot home, which was built in 1932, sits on a 0.33 acre lot. Features: 26 bedrooms, 17 bathrooms. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $2,300,000.

Los Angeles, CA housing market in November 2024 saw over 512 listings sold above listed price, more than 177 sold at listed price and over 657 sold below. Between October 2024 and November 2024, Los Angeles, CA real estate market has seen decrease in the number of listings by 0.6%. Listings spent 38 days on the market in November 2024, and had a median list price of $1,021,532 during the same period.

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

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