NOT LISTED FOR SALE
11 Beds
7 Baths
4,736 Sq Ft
5,901 Sq Ft Lot

Last Sold June 28, 2016

Last sale price $1,360,000 $287 Per Sq Ft

47 Days on Market

Highlights

  • Ground Level Unit
  • Built-In Features
  • Family Room
  • Galley Kitchen
  • Views
  • Laundry Facilities

About This Home

As of June 2016

R4 zoning. Great develop opportunity in most desired rental area in the center of Korean town. The property can be delivered with 1 unit vacant upon closing of escrow. The subject property will appeal to buyers and investors who are looking for good investment. Located minutes from the Korea downtown, Hollywood, and Beverly Hills. Convenient access to the freeways, and walking distance from Korean Galleria market. Don't miss the great opportunity! Please do not disturb any occupants.

Last Agent to Sell the Property

Young Mi Kwon

New Star Realty License #01976767 Listed on: 03/17/2016

Last Buyer's Agent

Kyi Lee

KORUS Real Estate License #01815410

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 5,901 Sq Ft Lot
  • No Common Walls
  • South Facing Home
  • Gated Home

Interior Spaces

  • 4,736 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Blinds
  • Family Room
  • Vinyl Flooring
  • Galley Kitchen
  • Property Views

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 7 Bathrooms

Parking

  • 8 Parking Spaces
  • 8 Covered Spaces
  • Assigned Parking

Location

  • Ground Level Unit

Utilities

  • Heating System Mounted To A Wall or Window
  • Property is located within a water district

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 5080-025-006

Community Details

Pet Policy

  • Breed Restrictions

Additional Features

  • 6 Units
  • Laundry Facilities
  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Ground Level
  • Street Number Display: Yes
  • Alley: No
  • Building Permit: Yes
  • Disability Access: 2+ Access Exits
  • Entry Location: Ground Level - no steps
  • Living Area: 4736
  • Price Per Unit: 285.00
  • Probate: No
  • Stories: 2
  • Year Built: 1963
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Built-In Gas
  • Bedrooms: 11
  • Common Walls: None
  • Bathroom Features: Tile
  • Dining Room: 0
  • Family Room: 1
  • Kitchen Features: Galley Kitchen
  • Laundry: Community
  • Laundry Equipment: Own
  • Total Bathrooms: 7.00
  • Den: 0
  • Equipment: Built-Ins
  • Price Per S Q F T: 284.84
  • Windows: Window Blinds

Exterior Features

  • Direction Faces: South
  • Tennis Court Y/N: No
  • Paved: Yes
  • Pool: No
  • Spa Yn: No
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Covered Parking: 8
  • Parking Garage: Assigned
  • Total Parking: 8

Utilities

  • Water District: Public, water district
  • Heating: Wall Gas
  • Number Electric Meters: 6
  • Number Gas Meters: 6
  • Number Water Meters: 1
  • Security: Gated
  • Water: District
  • Water Heaters: Yes

Association/Amenities

  • Pet Rules: Breed Restrictions

Lot Info

  • Assessed Improvement Value: 243667
  • Assessed Land Value: 129945
  • Assessor Parcel Number: 5080-025-006
  • Geocode Override: No
  • Lot Size Area: 5901

Rental Info

  • Number Leased: 6
  • Total Actual Rent: 85560.00
  • Land Lease Type: Fee
  • Owner Pays: Water
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 0.51
  • Number Of Units: 6
  • Rent Control: 100
  • Total Annual Expense: 21600
  • Type Of Units: Apartment
  • Vacancy Rate: 0

Range of Values:

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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
06/28/2016 06/28/16 Sold $1,360,000 +0.8% $287 / Sq Ft
05/03/2016 05/03/16 Pending -- -- --
03/17/2016 03/17/16 For Sale $1,349,000 -- $285 / 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: 16-107334

The MLS