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Seller's Agent in 2024
Bill Cross
West Shores Realty, Inc.
1033 W 60th Place Los Angeles, CA 90044
Vermont-Slauson NeighborhoodEstimated Value: $658,000 - $989,378
4
Beds
4
Baths
2,246
Sq Ft
$369/Sq Ft
Est. Value
Highlights
- Property is near public transit
- No HOA
- Tile Countertops
- Lawn
- Hiking Trails
- 5-minute walk to Vermont Gage Pocket Park
About This Home
As of December 2024West of Harbor Fwy., Nestled in the heart of Los Angeles, this charming fourplex presents an unparalleled investment opportunity for savvy real estate buyers. Located close to shopping, public transportation, and easy freeway access, yet in a quiet, residential neighborhood with a blend of owners and tenants, this property promises not only immediate rental income but also long-term appreciation.
Property is in a good condition. Current long time owner has remodeled 2 of the units. The two units are a perfect opportunity for a owner user, or for new tenants at market rents. Each tenant pays their own electric and gas bill.
Last Agent to Sell the Property
Bill Cross
West Shores Realty, Inc. Brokerage Phone: 562-715-5950 License #00847286 Listed on: 07/18/2024
Last Buyer's Agent
Bill Cross
West Shores Realty, Inc. Brokerage Phone: 562-715-5950 License #00847286 Listed on: 07/18/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1928
Lot Details
- 5,631 Sq Ft Lot
- 1 Common Wall
- Chain Link Fence
- Level Lot
- Lawn
- Front Yard
Home Design
- Bungalow
- Apartment
- Flat Roof Shape
- Raised Foundation
- Fire Rated Drywall
- Copper Plumbing
- Stucco
Interior Spaces
- 2,246 Sq Ft Home
- 1-Story Property
- Window Screens
- Living Room
- Laminate Flooring
Kitchen
- Gas Range
- Tile Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
- Washer and Gas Dryer Hookup
Home Security
- Window Bars
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Driveway
- Paved Parking
- On-Street Parking
Location
- Property is near public transit
- Urban Location
Utilities
- Ductless Heating Or Cooling System
- Heating System Uses Natural Gas
- Natural Gas Connected
- Water Heater
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 35
- Tax Tract Number 4195
- Assessor Parcel Number 6003014020
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Recreation
- Hiking Trails
Building Details
- 2 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,520
- Water Sewer Expense $468
- Operating Expense $2,988
- Gross Income $10,730
- Net Operating Income $7,742
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 16, 2025
Sold by
Aj Capital Group Llc
Bought by
Watkins Jennifer
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$928,625
Outstanding Balance
$924,503
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
-$94,908
Purchase Details
Listed on
Jul 18, 2024
Closed on
Nov 13, 2024
Sold by
Chin Family Trust and Wong Family Trust
Bought by
Aj Capital Group Llc
Seller's Agent
Bill Cross
West Shores Realty, Inc.
Buyer's Agent
Bill Cross
West Shores Realty, Inc.
List Price
$685,000
Sold Price
$625,000
Premium/Discount to List
-$60,000
-8.76%
Views
3
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.20%
Purchase Details
Closed on
Oct 24, 2016
Sold by
Wong Woon Yet and Wong Gim Yiu
Bought by
Wong Woon Yet and Wong Gim Yiu
Purchase Details
Closed on
Jul 9, 2010
Sold by
The Chin Family Trust
Bought by
Chin Wing C
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Watkins Jennifer | $977,500 | Ticor Title Company | |
| Aj Capital Group Llc | $625,000 | Ticor Title Company | |
| Wong Woon Yet | -- | None Available | |
| Chin Wing C | -- | None Available | |
| Chin Wing C | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Watkins Jennifer | $928,625 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/17/2024 12/17/24 | Sold | $625,000 | -8.8% | $278 / Sq Ft |
| 09/03/2024 09/03/24 | For Sale | $685,000 | 0.0% | $305 / Sq Ft |
| 07/20/2024 07/20/24 | Pending | -- | -- | -- |
| 07/18/2024 07/18/24 | For Sale | $685,000 | -- | $305 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $2,297 | $625,000 | $350,000 | $275,000 |
| 2024 | $2,297 | $155,338 | $86,990 | $68,348 |
| 2023 | $2,263 | $152,293 | $85,285 | $67,008 |
| 2022 | $2,175 | $149,308 | $83,613 | $65,695 |
| 2021 | $2,135 | $146,381 | $81,974 | $64,407 |
| 2019 | $2,081 | $142,042 | $79,544 | $62,498 |
| 2018 | $2,000 | $139,258 | $77,985 | $61,273 |
| 2016 | $1,896 | $133,852 | $74,957 | $58,895 |
| 2015 | $1,872 | $131,843 | $73,832 | $58,011 |
| 2014 | $1,908 | $129,261 | $72,386 | $56,875 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PV24147489
APN: 6003-014-020
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.
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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