NOT LISTED FOR SALE

1015 W 85th St Los Angeles, CA 90044

Vermont Knolls Neighborhood
3 Beds
3 Baths
4,716 Sq Ft
5,125 Sq Ft Lot

Last Sold August 30, 2012

Last sale price $480,000 $102 Per Sq Ft

15 Days on Market

About This Home

As of August 2012

****STANDARD SALE**** 8 Units!THERE WILL BE A TOTAL OF 5 UNITS VACANT AT THE END OF SEPTEMBER 2012, AT A GOING RENT AT $825 PER-UNIT. ALL UNIT HAVE BEEN REFURBISHED, ALL UNITS ARE SINGLES, FORCED AIR HEATING AND INSIDE LAUNDRY. . ALL UNITS HAVE BEEN COMPLETELY REFURBISHED INSIDE AND OUT,EXTERIOR HAS NEW STUCCO AND ALSO NEW WINDOWS,INTERIOR HAS NEW CARPET THROUGHOUT,KITCHENS HAVE BEEN COMPLETELY REMODELED ,THE BATHROOMS HAVE BEEN REMODELED SOME UNITS HAVE NEW TUBS AND SHOWER STALLS. SO MANY UPGRADES MUST SEE TO APPRECIATE...

Last Agent to Sell the Property

Mark Perez

Circle Real Estate License #01279393 Listed on: 08/14/2012

Circle Real Estate

Last Buyer's Agent

Mark Perez

Circle Real Estate License #01279393 Listed on: 08/14/2012

Circle Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 5,125

Parking

  • 8 Parking Spaces

Home Design

  • 4,716 Sq Ft Home
  • Contemporary Architecture
  • Stucco

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Additional Features

  • 5,125 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Lot 119
  • Tax Tract Number 4438
  • Assessor Parcel Number 6033025016

Community Details

Overview

  • 8 Units

Building Details

  • 1 Separate Electric Meter
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Net Operating Income $67,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 11.74
  • View: No
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 6033025016
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 101.78

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available, Water Connected
  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5125.00
  • Lot Size Acres: 0.1180

Multi Family

  • Gross Multiplier: 7.67
  • Gross Scheduled Income: 75000.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 5125.0000 Square Feet
  • Net Operating Income: 67500.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 7500.00
  • Operating Expense Percent: 10.00
  • Other Expense Description: 00

Tax Info

  • Tax Area: 212
  • Tax Lot: 119
  • Tax Tract Number: 4438

Range of Values:

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Sold Price
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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 Change Sq Ft Price
08/30/2012 08/30/12 Sold $480,000 -16.5% $102 / Sq Ft
08/29/2012 08/29/12 Pending -- -- --
08/14/2012 08/14/12 For Sale $575,000 -- $122 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mark Perez

    Seller's Agent in 2012

    Mark Perez

    Circle Real Estate

    (562) 754-0660

    111 Total Sales

    Mark Perez
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: R1204172

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Los Angeles 90044 Vermont Knolls

1015 W 85th St, Los Angeles, CA

This home is located at 1015 W 85th St, Los Angeles, CA 90044 since 14 August 2012. This property was built in 1927. 1015 W 85th St is a home located in Los Angeles County with nearby schools including Manchester Avenue Elementary School, Mary McLeod Bethune Middle School, and George Washington Preparatory High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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. Properties may or may not be listed by the office/agent presenting the information

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