NOT LISTED FOR SALE

Estimated Value: $967,000 - $1,265,000

7 Beds
6 Baths
2,800 Sq Ft
$393/Sq Ft Est. Value

Last Sold January 05, 2021

Last sale price $880,000 $314 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $6,913/month

30 Days on Market

Highlights

  • City Lights View
  • Attic
  • Stone Countertops
  • Craftsman Architecture
  • Ground Level Unit
  • Lawn

About This Home

As of January 2021

Perfect Opportunity for Owner User. Front house has its own private entrance and nicely landscaped rear yard...with parking in front driveway for 1 or 2 cars. Completely remodeled, Central heat and Air-conditioning, Remodeled Bathrooms, New Kitchen with custom cabinets, Quartz Counter Tops, New light fixtures, New windows. All appliances are negotiable and not included in price (make your offer). REAR Units 1022 & 1/2 is completely remodeled with new flooring, new bathrooms, new kitchen Large lot with 7 car parking in rear yard. UNIT 1022 is tenant occupied and is newly painted. This property is located within minutes of shopping, access to HWY and new SoFi stadium. Rams Stadium great income producing property. Buyer can live almost mortgage payment free with the great potential rent. 2 units are vacant and ready for owner or tenant occupied.

Last Agent to Sell the Property

Robert Pitts

Robert Pitts Estates License #00917764 Listed on: 11/02/2020

Last Buyer's Agent

Robert Barbee

Robert Pitts Estates License #02024061

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,921

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 7,363 Sq Ft Lot
  • North Facing Home
  • Fenced Yard
  • Gated Home
  • Landscaped
  • Front Yard Sprinklers
  • Lawn
  • Back Yard

Home Design

  • Craftsman Architecture
  • Interior Block Wall
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Double Pane Windows
  • Plantation Shutters
  • Living Room
  • Laminate Flooring
  • City Lights Views
  • Laundry Room
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Remodeled Bathroom
  • 6 Bathrooms
  • Double Vanity
  • Bathtub with Shower

Home Security

  • Window Bars
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 8 Car Direct Access Garage
  • 4 Carport Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Sewer in Street

Additional Features

  • Open Patio
  • Ground Level Unit

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 6060-018-001

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,921

Year Built

Built in 1964 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Craftsman
  • Levels: Ground Level, Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Entry Location: Living Room
  • Exclusions: appliances are negotiable stove, refrigerator, washer and dryer
  • Living Area: 2800
  • Lot Acreage: 0.1690
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1964
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Block Walls
  • Number Carpet: 1
  • Number Refrigerator: 1
  • Flooring: Laminate
  • Appliances: Built-Ins, Microwave
  • Bedrooms: 7
  • Bedroom Features: Master Bedroom
  • Common Walls: Attached
  • Bathroom Features: Double Vanity(s), Remodeled, Shower and Tub, Shower Stall
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Remodeled, Stone Counters, Open to Family Room
  • Laundry: Inside, In Unit, Laundry Closet Stacked
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Ceiling Fan, Built-Ins, Dishwasher, Microwave
  • Price Per S Q F T: 310.36
  • Windows: Double Pane Windows, Plantation Shutters

Exterior Features

  • Direction Faces: North
  • Construction: Stucco
  • Other Structures: None
  • Patio: Patio Open, Covered
  • Paved: Yes
  • Pool: No
  • Roof: Shingle
  • Spa Yn: No
  • View: City Lights
  • View: Yes

Garage/Parking

  • Carport Spaces: 4
  • Other Spaces: 4
  • Covered Parking: 4
  • Parking Garage: Carport, Driveway, Carport Detached, Carport Attached, Direct Entrance
  • Total Parking: 8

Utilities

  • Water Heater: Gas, Water Heater Unit
  • Cooling: Central
  • Heating: Central, Wall
  • Security: Carbon Monoxide Detector(s), Gated, Smoke Detector, Window Bars
  • Sewer: In Street
  • Water: Meter on Property, Public
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 600.00

Lot Info

  • Sprinklers: Front, Sprinkler System, Sprinkler Timer
  • Assessed Improvement Percent: 69.27
  • Assessed Improvement Value: 54038
  • Assessed Land Percent: 30.73
  • Assessed Land Value: 23978
  • Total Assessed Value: 78016
  • Assessor Parcel Number: 6060-018-001
  • Lot Description: Alley Paved, Back Yard, Fenced Yard, Lawn, Landscaped
  • Lot Size Area: 7363

Rental Info

  • Rent Control: Yes
  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 11.15
  • Gross Scheduled Income: 76200.00
  • Number Of Units: 3
  • Rent Control: 100
  • Total Annual Expense: 9500
  • Type Of Units: 3 Units
  • Vacancy Rate: 66%

Tax Info

  • Tax Expense: 8000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2020
Closed on
Dec 29, 2020
Sold by
P Empire Investments Llc
Bought by
Terry Sandra Paulette Cole and Johnson Liana T
Seller's Agent
Robert Pitts
Robert Pitts Estates
Buyer's Agent
Robert Barbee
Robert Pitts Estates
List Price
$869,000
Sold Price
$880,000
Premium/Discount to List
$11,000
1.27%
Current Estimated Value
$1,071,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,027
Avg. Annual Appreciation
4.94%
Original Mortgage
$819,087
Outstanding Balance
$732,583
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$366,962

Purchase Details

Closed on
Feb 28, 2020
Sold by
Carter Booker T and Carter Selena A
Bought by
P Empire Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,700
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2001
Sold by
Carter Booker I and Carter Selena A
Bought by
Carter Booker I and Carter Selena A
Source: Public Records

Range of Values:

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Average Value
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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
Terry Sandra Paulette Cole $880,000 Stewart Title
Terry Sandra Paulette Cole $880,000 Stewart Title
P Empire Investments Llc $525,000 Stewart Title
Carter Booker I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terry Sandra Paulette Cole $819,087
Previous Owner P Empire Investments Lllc $43,000
Previous Owner P Empire Investments Llc $30,700
Previous Owner P Empire Investments Llc $472,500
Previous Owner Carter Booker T $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2021 01/05/21 Sold $880,000 +1.3% $314 / Sq Ft
12/02/2020 12/02/20 Pending -- -- --
11/27/2020 11/27/20 Price Changed $869,000 0.0% $310 / Sq Ft
11/27/2020 11/27/20 For Sale $869,000 +2.2% $310 / Sq Ft
11/12/2020 11/12/20 Pending -- -- --
11/02/2020 11/02/20 For Sale $849,900 -- $304 / 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 $12,921 $952,537 $632,680 $319,857
2024 $12,921 $933,861 $620,275 $313,586
2023 $12,454 $915,551 $608,113 $307,438
2022 $11,884 $897,600 $596,190 $301,410
2021 $7,706 $530,439 $328,367 $202,072
2020 $2,525 $82,788 $25,444 $57,344
2019 $2,474 $81,166 $24,946 $56,220
2018 $2,342 $79,575 $24,457 $55,118
2016 $2,224 $76,487 $23,508 $52,979
2015 $2,200 $75,339 $23,155 $52,184
2014 $2,215 $73,864 $22,702 $51,162
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-653958

The MLS

APN: 6060-018-001