NOT LISTED FOR SALE

10700 S Main St Los Angeles, CA 90061

Broadway-Manchester Neighborhood
12 Beds
4 Baths
6,864 Sq Ft
10,276 Sq Ft Lot

Last Sold March 29, 2013

Last sale price $900,000 $131 Per Sq Ft

39 Days on Market

About This Home

As of March 2013

The subject property consists of (8) Three bedroom one bath units. The previous owner rehabbed the units by
installing tile flooring, showers, and granite countertops in the kitchens. The property is a BANK REO and must be purchased ALL CASH
and is sold “as-is” without any credits or repairs
There are currently two vacancies. Buyer to verify all information pertaining to the property and shall make all investigations into such on their own. Broker or seller makes no representations to any information regarding the property.

Last Agent to Sell the Property

Doug Rodermund

Morgan Skenderian License #01314304 Listed on: 02/01/2013

Last Buyer's Agent

NoEmail NoEmail

OUT OF AREA

OUT OF AREA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 10,276 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 6,864 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Bathrooms

Parking

  • 12 Parking Spaces
  • Parking Available
  • Gated Parking

Listing and Financial Details

  • Tax Lot 97
  • Tax Tract Number 5475
  • Assessor Parcel Number 6063032031

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • 8 Leased Units
  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 9 Separate Water Meters
  • Insurance Expense $1,716
  • Maintenance Expense $7,195
  • Other Expense $500
  • Pest Control $420
  • Trash Expense $5,148
  • Water Sewer Expense $5,148
  • New Taxes Expense $14,016
  • Gross Income $9,993
  • Net Operating Income $79,778

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • CapRate: 8.40
  • Property Attached: Yes
  • Water Sewer Expenses: 5148.00
  • Zoning: LAC2
  • Property Type: Residential Income
  • Parcel Number: 6063032031
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 131.12

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Gated
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Connected
  • Pest Control Expense: 420.00
  • Trash Expense: 5148.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 10276.00
  • Lot Size Acres: 0.2360

Multi Family

  • Gross Income: 9993.00
  • Gross Multiplier: 7.92
  • Gross Scheduled Income: 119916.00
  • Gross Spendable Income: 79778.00
  • Insurance Expense: 1716.00
  • Lot Size Area: 10276.0000 Square Feet
  • Maintenance Expense: 7195.00
  • Maintenance Percent: 6.00
  • Net Operating Income: 79778.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 9
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Operating Expense: 34143.00
  • Operating Expense Percent: 28.50
  • Other Expense: 500.00
  • Other Expense Description: Admin
  • Other Income Description: Billboard
  • Rent Control: No
  • Total Actual Rent: 9950.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 14016.00
  • Tax Lot: 97
  • Tax Tract Number: 5475

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 List to Sale Price per Sq Ft
03/29/2013 03/29/13 Sold $900,000 -5.3% $131 / Sq Ft
03/12/2013 03/12/13 Pending -- -- --
02/01/2013 02/01/13 For Sale $950,000 -- $138 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Doug Rodermund

    Seller's Agent in 2013

    Doug Rodermund

    Morgan Skenderian

    (949) 295-8560

    31 Total Sales

    Doug Rodermund
    Section Image

  • N

    Buyer's Agent in 2013

    NoEmail NoEmail

    OUT OF AREA

    Section Image

  • B

    Buyer's Agent in 2013

    Brittany Lunney

    Elite Real Estate Group

    Section Image

  • B

    Buyer's Agent in 2013

    Bonnie Bayless

    Mammoth Sierra Properties

  • Bobbi McMahon

    Buyer's Agent in 2013

    Bobbi McMahon

    Coldwell Banker Segerstrom

    (209) 743-6568

    218 Total Sales

    Bobbi McMahon
    Section Image

  • M

    Buyer's Agent in 2013

    Mary Ulvevadet

    Inactive Members

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13014068

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Los Angeles 90003 Broadway-Manchester

10700 S Main St, Los Angeles, CA

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California Regional Multiple Listing Service (CRMLS) 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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