NOT LISTED FOR SALE
12 Beds
7 Baths
5,186 Sq Ft
5,901 Sq Ft Lot

Last Sold December 31, 2019

Last sale price $1,560,000 $301 Per Sq Ft

42 Days on Market

About This Home

As of December 2019

Seven unit apartment complex, located in the heart of Koreatown. R-4 zone. This investment offers an investor a chance to own a property with excellent upside potential and consistent cash flow by taking advantage of the tight Los Angeles rental market. This property was built in 1963 and has 5,181 square feet of multifamily units sitting on a 5,901 square feet lot. Current rent income is $9,071.00 per month. The building unit mix consists of four three-bedroom/one-bath and one two-bedroom/two-bath and one bed/one bath and one studio unit. Parking spaces are available for the tenants in the rear of the property. There is also an on-site laundry facility available for all the tenants.

Last Agent to Sell the Property

Henry Han

HBAR License #01444239 Listed on: 03/22/2019

Last Buyer's Agent

Henry Han

HBAR License #01444239 Listed on: 03/22/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 5,901

Parking

  • 6 Car Detached Garage

Interior Spaces

  • 5,186 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 7 Bathrooms

Additional Features

  • 5,901 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 5080-025-019

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5186
  • Stories: 2
  • Year Built: 1963
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 7.00
  • Price Per S Q F T: 325.88

Exterior Features

  • Other Structures: Other
  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Detached
  • Total Parking: 6

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 288598
  • Assessed Land Value: 923524
  • Assessor Parcel Number: 5080-025-019
  • Geocode Override: No
  • Lot Size Area: 5901

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112
  • Gross Rent Multiplier: 15.53
  • Number Of Units: 7
  • Type Of Units: 7

Range of Values:

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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

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2019 12/31/19 Sold $1,560,000 -7.7% $301 / Sq Ft
05/03/2019 05/03/19 Pending -- -- --
04/25/2019 04/25/19 For Sale $1,690,000 0.0% $326 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
03/22/2019 03/22/19 For Sale $1,690,000 -- $326 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-447106

The MLS