NOT LISTED FOR SALE
16 Beds
16 Baths
7,400 Sq Ft
6,230 Sq Ft Lot

Last Sold June 30, 2022

Last sale price $2,800,000 $378 Per Sq Ft

23 Days on Market

Highlights

  • New Construction
  • City Lights View
  • Laundry Room
  • Solar Power System
  • Cooling System Powered By Gas
  • Tankless Water Heater

About This Home

As of June 2022

WE ARE PROUD TP PRESENT THIS BEAUTIFUL NEW CONSTRUCTION LUXURIOUS, CONTEMPORARY QUA-DUPLEX, BROUGHT TO YOU BY ONE OF LA'S MOST REPUTABLE BUILDERS. THIS IS A TRI-LEVE, SIDE BY SIDE UNITS, ALL UNITS HAVE AN OPEN FLOOR LAYOUT, MASTER BEDROOMS IN ALL UNITS, CUSTOM WINDOW BLINDS, STAINLESS STEEL APPLIANCES, TWO-TONE INTERIOR PAINT, LOW VOLTAGE LED LIGHTING FOR ENERGY SAVINGS, LAUNDRY ROOMS IN ALL UNITS, TANKLESS WATER HEATERS FOR INSTANT HOT WATER THROUGHOUT EACH UNIT, PLENTY OF PARKING WITH DECORATIVE PAVERS, ALL UNITS COME ATTACHED GARAGES, AUTOAMTIC GATE OPENER, THIS IS VERY GOOD LOOKING BUILDING, VERY EASY TO RENT, ALL UNITS ARE INDIVUAL METERED, SOLAR PANELS, OVER ALL THIS IS A SELF SUSTAINBLE PROPERTY WITH VERY LOW MAINTANCE COST, THIS IS A NO RENT CONTROL BUIDLNG.

Last Agent to Sell the Property

Joe Vivanco

Keller Williams SELA License #01218901 Listed on: 01/24/2022

Keller Williams SELA

Last Buyer's Agent

GUANYU JIN

RG REALTY License #01906478

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 6,230 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Wrought Iron Fence
  • Block Wall Fence
  • Electric Fence
  • Fence is in excellent condition
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Property Attached
  • Flat Roof Shape
  • Slab Foundation
  • Fire Rated Drywall
  • Insulated Concrete Forms

Interior Spaces

  • 7,400 Sq Ft Home
  • Laminate Flooring
  • City Lights Views
  • Gas Range

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 16 Bathrooms
  • Low Flow Plumbing Fixtures

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Eco-Friendly Details

  • Sustainability products and practices used to construct the property include biodegradable materials
  • ENERGY STAR Qualified Appliances
  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • ENERGY STAR Qualified Equipment for Heating
  • Energy-Efficient Thermostat
  • Solar Power System
  • Water-Smart Landscaping

Utilities

  • Cooling System Powered By Gas
  • Ducts Professionally Air-Sealed
  • High Efficiency Air Conditioning
  • Humidity Control
  • Forced Air Heating and Cooling System
  • High Efficiency Heating System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 7 / F
  • Assessor Parcel Number 5131019007
  • $285 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gardener Expense $900
  • Insurance Expense $2,100
  • New Taxes Expense $33,404
  • Operating Expense $36,594
  • Gross Income $182,400
  • Net Operating Income $145,806

Property Details

Home Type

Multi-Family

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley
  • View: Yes
  • Zoning: LAR4
  • New Construction: Yes
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 5131019007
  • Year Built: 2021
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Levels: Three Or More
  • Price Per Square Foot: 378.38

Exterior Features

  • Foundation: Slab
  • View: City Lights
  • Fence: Yes
  • Fencing: Block, Electric, Excellent Condition, Wrought Iron
  • Pool Private: No
  • Roof: Flat
  • Construction Materials: Drywall Walls, Ducts Professionally Air-Sealed, Icfs (Insulated Concrete Forms)

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: ENERGY STAR Qualified Appliances, Gas Range, High Efficiency Water Heater, Refrigerator, Tankless Water Heater
  • Heating Type: Central, ENERGY STAR Qualified Equipment, Forced Air, High Efficiency, Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Energy Star Qualified Equipment, Gas, High Efficiency, Humidity Control
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Urban

Green Features

  • Green Sustainability: Biodegradable Materials
  • Green Water Conservation: Flow Control, Water-Smart Landscaping
  • Efficiency: Appliances, HVAC, Insulation, Lighting, Thermostat, Water Heater, Windows
  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6230.00
  • Lot Size Acres: 0.1430

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 182400.00
  • Gross Scheduled Income: 182400.00
  • Insurance Expense: 2100.00
  • Lot Size Area: 6230.0000 Square Feet
  • Net Operating Income: 145806.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 36594.00
  • Rent Control: No
  • Total Expenses: 36594.00

Tax Info

  • New Taxes Expense: 33404.00
  • Tax Block: F
  • Tax Census Tract: 2264.20
  • Tax Lot: 7
  • TaxOtherAnnualAssessmentAmount: 285.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2022 06/30/22 Sold $2,800,000 0.0% $378 / Sq Ft
02/16/2022 02/16/22 Pending -- -- --
01/24/2022 01/24/22 For Sale $2,800,000 +366.7% $378 / Sq Ft
08/19/2020 08/19/20 Sold $600,000 0.0% $498 / Sq Ft View Prior Sale
07/17/2020 07/17/20 Pending -- -- --
07/10/2020 07/10/20 Off Market $600,000 -- --
07/06/2020 07/06/20 For Sale $495,000 -- $411 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2022 $7,430 $612,000 $510,000 $102,000
2021 $7,339 $600,000 $500,000 $100,000
2020 $2,789 $208,682 $127,778 $80,904
2019 $2,687 $204,591 $125,273 $79,318
2018 $2,607 $200,580 $122,817 $77,763
2016 $2,484 $192,794 $118,049 $74,745
2015 $2,450 $189,899 $116,276 $73,623
2014 $2,467 $186,180 $113,999 $72,181
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22014068

California Regional Multiple Listing Service (CRMLS)

APN: 5131-019-007