NOT LISTED FOR SALE

Estimated Value: $662,000 - $852,000

4 Beds
4 Baths
2,220 Sq Ft
$358/Sq Ft Est. Value

Last Sold November 15, 2018

Last sale price $550,000 $248 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,814/month

145 Days on Market

About This Home

As of November 2018

"PRICE REDUCTION" High CAP!!! current low rents, future rent increase potential. two buildings on one 6000sf lot 4 legal units mix of (2) 1 bedroom, 1 bath apartments,(1) 2 bedroom, 1 bath apartment & (1) studio. The property has been nicely maintained & the units have functional layouts, some featuring newer carpeting, tile flooring & formal dining rooms. The fully fenced private yards & common space make this property a great place for tenants to call home!! In the rear, there are 3 parking spaces, garage & storage unit. The property also has separate hot water heaters & is separately metered for both gas & electric. Located just west of Vermont, it is easily accessible by the 110 fwy, public transportation & is just short drive to the Forum in Inglewood, USC & Downtown LA.

Last Agent to Sell the Property

Jason Oh

WIN Realty & Properties License #01501408 Listed on: 06/13/2018

Last Buyer's Agent

Jason Y. Oh

WIN Realty & Properties License #01501408

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,683

Year Built

  • Built in 1925

Lot Details

  • 6,000 Sq Ft Lot

Home Design

  • 2,220 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 3 Parking Spaces
  • Carport

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 6014-012-029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,683

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2220
  • Year Built: 1925
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 250.00

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 3

Lot Info

  • Assessed Improvement Value: 100000
  • Assessed Land Value: 379000
  • Assessor Parcel Number: 6014-012-029
  • Geocode Override: No
  • Lot Size Area: 6000

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 13.00
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 650
  • Type Of Units: 4
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2018
Sold by
Song Chris and Song Hye Sook
Bought by
Mmeje Hyginus O
Current Estimated Value
$795,733

Purchase Details

Listed on
Feb 29, 2016
Closed on
Jul 18, 2016
Sold by
Garcia Orlando and Garcia Bertha
Bought by
Song Chris and Song Hye Sook
Seller's Agent
Dana Coronado
Compass
Buyer's Agent
Jason Oh
WIN Realty & Properties
List Price
$485,000
Sold Price
$479,000
Premium/Discount to List
-$6,000
-1.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.65%
Original Mortgage
$279,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2012
Sold by
Damato Vincent C and Damato Sylvia M
Bought by
Garcia Orlando and Garcia Bertha

Purchase Details

Closed on
Jun 30, 2011
Sold by
Mcgraw Patrick Anthony
Bought by
Mcgraw Patrick Anthony and Mcgraw Kathryn Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2011
Sold by
Heffesse Cyril and Heffesse Max
Bought by
Mcgraw Patrick Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2010
Sold by
Walker Karen and Lawrence Walker Revocable Trus
Bought by
Heffesse Cyril and Heffesse Max

Purchase Details

Closed on
Aug 28, 2002
Sold by
Walker Lawrence
Bought by
Walker Lawrence and The Lawrence Walker Revocable
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mmeje Hyginus O $550,000 Chicago Title Company
Song Chris $479,000 Lawyers Title
Garcia Orlando $295,002 Ticor Title Co
Mcgraw Patrick Anthony -- None Available
Damato Vincent C -- None Available
Damato Vincent C -- None Available
Mcgraw Patrick Anthony -- Ticor Title
Mcgraw Patrick Anthony -- Ticor Title
Heffesse Cyril $150,000 Fidelity
Walker Lawrence -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Song Chris $279,000
Previous Owner Mcgraw Patrick Anthony $185,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2018 11/15/18 Sold $550,000 -0.9% $248 / Sq Ft
11/05/2018 11/05/18 Pending -- -- --
08/23/2018 08/23/18 Price Changed $555,000 -1.6% $250 / Sq Ft
06/13/2018 06/13/18 For Sale $564,000 +17.7% $254 / Sq Ft
07/29/2016 07/29/16 Sold $479,000 0.0% $216 / Sq Ft View Prior Sale
06/10/2016 06/10/16 Pending -- -- --
06/06/2016 06/06/16 Price Changed $479,000 -1.2% $216 / Sq Ft
02/29/2016 02/29/16 For Sale $485,000 -- $218 / Sq Ft
Source: The MLS

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
2025 $7,683 $613,530 $390,429 $223,101
2024 $7,683 $601,501 $382,774 $218,727
2023 $7,543 $589,708 $375,269 $214,439
2022 $7,207 $578,146 $367,911 $210,235
2021 $7,110 $566,811 $360,698 $206,113
2019 $6,905 $550,000 $350,000 $200,000
2018 $6,199 $488,580 $386,580 $102,000
2016 $3,979 $306,867 $239,253 $67,614
2015 $3,925 $302,259 $235,660 $66,599
2014 $3,966 $296,339 $231,044 $65,295
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-354492

The MLS

APN: 6014-012-029