$856,000
SOLD MAR 15, 2013
8 Beds
6 Baths
4,192 Sq Ft
6,343 Sq Ft Lot

Recently Sold

$204 Per Sq Ft

10% Above List Price

7 Days on Market

Highlights

  • Custom Home
  • No HOA
  • Laundry Room
  • Woodrow Wilson High School Rated A
  • Beamed Ceilings
  • Carpet

About This Home

As of March 2019

Quality built 6 Unit apt. bldg. consisting of 2-(2 Br's), 4-(1 Br's), 3-(Carports) and 1-(Garage), Laundry Room. Excellent low vacancy rental area East of Redondo! Large Lot. Four of the units have vaulted wood beamed ceilings. The two adjacent properties (1069 & 1073 Euclid) each are 2 on 1's and the house across the street #1075 (see separate listings) are the same owner and can be purchased separately or together. Expenses are estimated! Rents are low! Units #1,,3,4 have carports, #2 has the garage.

Last Agent to Sell the Property

Mark Kachigan

Pabst, Kinney & Associates License #00644779 Listed on: 02/15/2013

Last Buyer's Agent

Phyllis Chan

Phyillis T. Chan Realty License #00703897

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 6,343 Sq Ft Lot
  • Lot Dimensions are 47 x 135
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • 3 Carport Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • Custom Home
  • Property Attached
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,192 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Carpet
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 84
  • Tax Tract Number 1
  • Assessor Parcel Number 7254012028

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Built by Custom

Amenities

  • Laundry Facilities

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Insurance Expense $2,971
  • Maintenance Expense $4,956
  • Water Sewer Expense $2,000
  • New Taxes Expense $8,900
  • Gross Income $5,950
  • Net Operating Income $50,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Price Per Unit: 129000
  • Property Attached: Yes
  • Subdivision Name Other: Eastside (ES)
  • Water Sewer Expenses: 2000.00
  • Architectural Style: Custom Built
  • Property Type: Residential Income
  • Parcel Number: 7254012028
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Beamed Ceilings
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Levels: Two
  • Price Per Square Foot: 204.20

Exterior Features

  • Builder Name: Custom
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: Community
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 47 X 135
  • Lot Size Sq Ft: 6343.00
  • Lot Size Acres: 0.1460

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 550
  • Average2 Bed Area: 700
  • Electric Expense: 600.00
  • Gross Income: 5950.00
  • Gross Multiplier: 10.85
  • Gross Scheduled Income: 71400.00
  • Insurance Expense: 2971.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 6343.0000 Square Feet
  • Maintenance Expense: 4956.00
  • Maintenance Percent: 7.00
  • Net Operating Income: 50000.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 21400.00
  • Operating Expense Percent: 30.00
  • Rent Control: No
  • Total Actual Rent: 5900.00

Tax Info

  • New Taxes Expense: 8900.00
  • Tax Area: 5500
  • Tax Lot: 84
  • Tax Tract Number: 1
  • Tax Year: 2011

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: PW13023732

California Regional Multiple Listing Service (CRMLS)