$1,365,000
SOLD MAR 15, 2019
3 Beds
2 Baths
4,192 Sq Ft
6,343 Sq Ft Lot

Recently Sold

$326 Per Sq Ft

2% Below List Price

11 Days on Market

Highlights

  • Property is near public transit
  • Laundry Room
  • Back Yard
  • Woodrow Wilson High School Rated A

About This Home

As of March 2019

Well maintained 6 unit apartment complex including 3 tuck under parking spots and one garage (room for tandem) and coin operated laundry.

Last Agent to Sell the Property

Jack Levis

CBRE Inc. License #01886278 Listed on: 02/12/2019

Last Buyer's Agent

Jon Swire

The Agency License #01336277

The Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 6,343 Sq Ft Lot
  • Two or More Common Walls
  • Back Yard

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 4,192 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Laundry Room
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 1457
  • Assessor Parcel Number 7254012028

Community Details

Building Details

  • 6 Leased Units
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $432
  • Gardener Expense $1,000
  • Insurance Expense $1,675
  • Maintenance Expense $4,500
  • Professional Management Expense $5,000
  • Water Sewer Expense $3,403
  • New Taxes Expense $17,843
  • Operating Expense $33,606
  • Gross Income $92,652
  • Net Operating Income $56,373

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Other Phone Description: 310-363-4919
  • Other Phone Number: 310-363-4919
  • Professional Management Expense: 5000.00
  • Property Attached: Yes
  • Subdivision Name Other: Circle (CA)
  • Water Sewer Expenses: 3403.00
  • Zoning: LBR4R
  • Property Type: Residential Income
  • Gardener Expense: 1000.00
  • Parcel Number: 7254012028
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 325.62

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Near Public Transit
  • Lot Size Sq Ft: 6343.00
  • Lot Size Acres: 0.1456

Multi Family

  • Electric Expense: 432.00
  • Gross Income: 92652.00
  • Gross Scheduled Income: 92652.00
  • Insurance Expense: 1675.00
  • Lot Size Area: 6343.0000 Square Feet
  • Maintenance Expense: 4500.00
  • Net Operating Income: 56373.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 33606.00
  • Other Income1: 100.00
  • Rent Control: No
  • Total Expenses: 33606.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 17843.00
  • Tax Census Tract: 5770.00
  • Tax Lot: 21
  • Tax Tract Number: 1457

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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
03/15/2019 03/15/19 Sold $1,365,000 -2.5% $326 / Sq Ft
02/23/2019 02/23/19 Pending -- -- --
02/12/2019 02/12/19 For Sale $1,400,000 +63.6% $334 / Sq Ft
03/15/2013 03/15/13 Sold $856,000 +10.5% $204 / Sq Ft
02/22/2013 02/22/13 Pending -- -- --
02/15/2013 02/15/13 For Sale $775,000 -- $185 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19032763

California Regional Multiple Listing Service (CRMLS)