Mauro Lopez
Responds Quickly
Century 21 Masters
(747) 237-4772
63 Total Sales
2 in Florence
$798,000 Price Range
107 E 65th St Los Angeles, CA 90003
Florence Neighborhood
10
Beds
8
Baths
4,333
Sq Ft
7,147
Sq Ft Lot
Highlights
- Property is near public transit
- Corner Lot
- No HOA
About This Home
As of September 2013Cash flow today with this excellent investment opportunity. This property has an Adjusted Gross Income of $77,929, Net Operating Income of $63,492, Low Operating Expenses of $13,800, a CAP Rate of 10.62% and Gross Rent Multiplier of 7.74.
There are two building on one lot, a two story multifamily building with an excellent unit mix. Including four 2+1's, and two 1+1's units located on 65Th Street. Plus an additional structure facing Main St. Presently this structure is divided into two studios each with a private patio. All Units fully occupied with long term tenants.
This property is located in the highly desirable Los Angeles area, near downtown. It is highly accessible to public transportation, near plenty of Public, Charter, and Private schools. Close to USC, The Staples Center and the beautiful beaches of Los Angeles area.
Last Buyer's Agent
Paul Cruz
eXp Realty of California Inc License #01806612
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1946
Lot Details
- 7,147 Sq Ft Lot
- No Common Walls
- Corner Lot
- Rectangular Lot
Parking
- 12 Parking Spaces
Home Design
- Entry on the 1st floor
Interior Spaces
- 4,333 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 10 Bedrooms
- 8 Bathrooms
Outdoor Features
- Exterior Lighting
Location
- Property is near public transit
- Urban Location
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 60
- Tax Tract Number 60
- Assessor Parcel Number 6006015029
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 8 Units
Building Details
- Rent Control
- 9 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,200
- Insurance Expense $3,972
- Maintenance Expense $3,135
- Trash Expense $2,376
- Water Sewer Expense $3,112
- Gross Income $6,441
- Net Operating Income $63,492
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 11, 2013
Closed on
Sep 19, 2013
Sold by
Bought by
Seller's Agent
Dennis Dailey
Cal Mutual
Buyer's Agent
Paul Cruz
eXp Realty of California Inc
List Price
$598,000
Sold Price
$585,000
Premium/Discount to List
-$13,000
-2.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,750
Interest Rate
4.17%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 15, 2012
Sold by
Bought by
Purchase Details
Closed on
Aug 25, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
6.67%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 21, 2004
Sold by
Bought by
Purchase Details
Closed on
Aug 19, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
5.74%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Florence, CA
-
Mauro Lopez
-
Yescenia Osorio
Yescenia Osorio
VISMAR REAL ESTATE
(877) 890-9870
72 Total Sales
2 in Florence
$880,000 Price Range
-
Diamond Simien
Diamond Simien
D.S & CO REALTY
(424) 329-8811
12 Total Sales
1 in Florence
$755,000 Price
-
Maria De Jesus De Santiago
Maria De Jesus De Santiago
Responds QuicklyPak Home Realty
(562) 317-8615
29 Total Sales
4 in Florence
$450K - $589K Price Range
-
Emma Perez
Emma Perez
Responds QuicklyCentury 21 Cornerstone
(747) 223-6382
83 Total Sales
2 in Florence
$850,000 Price Range
-
Demetrius Brown
Demetrius Brown
CLRE Corporation
(424) 321-7126
17 Total Sales
1 in Florence
$710,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $585,005 | First American Title Ins Co | ||
| -- | None Available | ||
| $720,000 | Orange Coast Title | ||
| -- | -- | ||
| -- | United Title Company La |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $839,000 | ||
| Closed | $438,750 | ||
| Previous Owner | $568,000 | ||
| Previous Owner | $56,000 | ||
| Previous Owner | $65,000 | ||
| Previous Owner | $324,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/25/2013 09/25/13 | Sold | $585,000 | -2.2% | $135 / Sq Ft |
| 08/20/2013 08/20/13 | Pending | -- | -- | -- |
| 07/11/2013 07/11/13 | For Sale | $598,000 | -- | $138 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $9,731 | $717,120 | $367,754 | $349,366 |
| 2024 | $9,588 | $703,060 | $360,544 | $342,516 |
| 2023 | $9,421 | $689,275 | $353,475 | $335,800 |
| 2022 | $9,021 | $675,761 | $346,545 | $329,216 |
| 2021 | $8,898 | $662,511 | $339,750 | $322,761 |
| 2020 | $8,976 | $655,719 | $336,267 | $319,452 |
| 2019 | $8,656 | $642,863 | $329,674 | $313,189 |
| 2018 | $8,521 | $630,259 | $323,210 | $307,049 |
| 2016 | $8,088 | $605,787 | $310,660 | $295,127 |
| 2015 | $7,981 | $596,688 | $305,994 | $290,694 |
| 2014 | $8,049 | $585,000 | $300,000 | $285,000 |
Source: Public Records
Agents Affiliated with this Home
-
Dennis Dailey
D
Seller's Agent in 2013
Dennis Dailey
Cal Mutual
(232) 821-8323
44 Total Sales
-
P
Buyer's Agent in 2013
Paul Cruz
eXp Realty of California Inc
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR13135377
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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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