NOT LISTED FOR SALE
1 Bed
1 Bath
800 Sq Ft
0.28 Acres

Highlights

  • Updated Kitchen
  • Main Floor Bedroom
  • Eat-In Kitchen
  • Wood Flooring
  • No HOA
  • Bathtub with Shower

About This Home

As of December 2023

Charming bungalow style apartment that feels like a home. 1 Bedroom, 1 bath with 1 car detached garage. Recently updated with all new paint and windows throughout. Kitchen has shaker cabinets, ceramic flooring and new stove plus cozy eating area. Harwood flooring restored, ceiling fans. Previous upgraded electrical and heating . No laundry on site. Conveniently close to beaches and Korean Bell Tower park. Rent control area.

Last Agent to Rent the Property

Matthew Hoyt

Hoyt Real Estate, Inc. License #01426139 Listed on: 11/16/2023

Last Renter's Agent

Kevin Medina

Keller Williams South Bay License #02186157

Keller Williams South Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,895,765

Year Built

  • Built in 1930

Lot Details

  • 0.28 Acre Lot
  • No Common Walls
  • Landscaped
  • Garden

Parking

  • 1 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Bungalow
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 800 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Blinds
  • Window Screens
  • Family Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Formica Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Security Deposit $2,200
  • Rent includes water
  • 12-Month Minimum Lease Term
  • Available 11/16/23
  • Tax Lot 4
  • Tax Tract Number 5158
  • Assessor Parcel Number 7458002024

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Pet Policy

  • Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,895,765

Year Built

Built in 1930

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2023-11-16
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 2200
  • Furnished: Unfurnished
  • Pets Allowed: Cats OK
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s)
  • View: No
  • Zoning: LARD1.5
  • Architectural Style: Bungalow
  • Property Sub Type: Apartment
  • Property Type: Residential Lease
  • Parcel Number: 7458002024
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 800.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Area
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2.34
  • Room Type: Family Room, Kitchen, Main Floor Bedroom
  • Window Features: Blinds, Insulated Windows, Screens
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Formica Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Oven, Gas Range
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Garden, Landscaped
  • Lot Size Sq Ft: 12093.00
  • Lot Size Acres: 0.2776

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 12093.0000 Square Feet
  • Management Co: Hoyt Real Estate Inc
  • Management Co Phone: 949-619-6159
  • Number Of Units In Community: 8
  • Number Of Units Total: 8
  • Rent Includes: Water

Tax Info

  • Tax Census Tract: 2969.02
  • Tax Lot: 4
  • Tax Tract Number: 5158

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2007
Sold by
Bgi Holdings Ii Llc
Bought by
1055 Seventh Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,500,000
Interest Rate
6.26%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 13, 2001
Sold by
Marina Title Holding Corp #P-3
Bought by
Bgi Holdings Ii Llc

Purchase Details

Closed on
Jan 13, 1995
Sold by
Berg Lawrence M
Bought by
Berg Lawrence M and Lawrence M Berg Revocable Trus
Source: Public Records

Range of Values:

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Average Value
Not Available
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
1055 Seventh Llc -- None Available
Bgi Holdings Ii Llc -- --
Berg Lawrence M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1055 Seventh Llc $95,000,000
Closed 1055 Seventh Llc $118,000
Closed 1055 Seventh Llc $117,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2023 12/16/23 Rented $1,875 0.0% --
11/16/2023 11/16/23 For Rent $1,875 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $2,895,765 $139,000,000 $22,000,000 $117,000,000
2024 $2,895,765 $236,949,079 $23,179,792 $213,769,287
2023 $2,839,344 $232,303,020 $22,725,287 $209,577,733
2022 $2,706,865 $227,748,060 $22,279,694 $205,468,366
2021 $2,671,594 $223,282,413 $21,842,838 $201,439,575
2019 $2,591,181 $216,659,733 $21,194,968 $195,464,765
2018 $2,587,849 $212,411,504 $20,779,381 $191,632,123
2016 $2,471,047 $204,163,309 $19,972,494 $184,190,815
2015 $2,049,834 $168,800,000 $17,900,000 $150,900,000
2014 -- $151,200,000 $16,000,000 $135,200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23212796

California Regional Multiple Listing Service (CRMLS)

APN: 5143-028-019