NOT LISTED FOR SALE

1044 N Townsend Ave Los Angeles, CA 90063

1 Bed
1 Bath
4,176 Sq Ft
5,761 Sq Ft Lot

Last Sold June 24, 2013

Last sale price $600,000 $144 Per Sq Ft

99 Days on Market

About This Home

As of June 2013

Beautiful Character Spanish in prime City Terrace with views of Downtown LA. 2 buildings on a lot- front building is a 4 plex with very large 1 bedroom units that have dens/. offices or could be used as second bedrooms. They have front and rear porches, laundry hookups, high ceilings, faux fireplaces, large kitchens and baths.The rear building is a free standing home that has one large bedroom and one small bedroom and 1.5 baths. It has a cute yard and has been completely renovated. Everything is new.The front building has been fully upgraded also with new copper plumbing, electric,new stucco, paint, dual pane vinyl windows, 2 units completely gut renovated with new everything.The expenses are extremely low as the building has been totally renovated with new materials and the units themselves have their own hot water heaters and porch lights making for minimal owner utility expenses. This is a true 7 CAP property with upside in the rents. NO RENT CONTROL.

Last Agent to Sell the Property

Alex Galuz

Keller Williams Realty Calabasas License #01291486 Listed on: 01/24/2013

Keller Williams Realty Calabasas

Last Buyer's Agent

Alex Galuz

Keller Williams Realty Calabasas License #01291486 Listed on: 01/24/2013

Keller Williams Realty Calabasas

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 5,761

Home Design

  • 4,176 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 2 Parking Spaces
  • Auto Driveway Gate

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Additional Features

  • Oven or Range
  • Gas Dryer Hookup
  • 5,761 Sq Ft Lot

Community Details

  • 2 Buildings
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 5231-004-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4176
  • Year Built: 1927
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Gas Dryer Hookup, Hood Fan, Range/Oven
  • Price Per S Q F T: 150.62

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway Gate
  • Total Parking: 2

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall
  • Water Expense: 2400.00

Fee Information

  • Insurance Expense: 2000.00
  • Maintenance Expense: 2000.00

Lot Info

  • Assessed Improvement Value: 99956
  • Assessed Land Value: 102386
  • Assessor Parcel Number: 5231-004-005
  • Geocode Override: No
  • Lot Size Area: 5761

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 9.30
  • Number Of Units: 5
  • Total Annual Expense: 14638
  • Type Of Units: one bedrooms
  • Vacancy Rate: 1900

Tax Info

  • Tax Expense: 7638.00

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 Change Sq Ft Price
06/24/2013 06/24/13 Sold $600,000 -11.6% $144 / Sq Ft
05/03/2013 05/03/13 Pending -- -- --
01/24/2013 01/24/13 For Sale $679,000 -- $163 / 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: 13-647517

The MLS