Seller's Agent in 2015
Daron Case
RE/MAX
(310) 802-2500
2 Total Sales
1102 W 97th St Los Angeles, CA 90044
15
Beds
8
Baths
5,307
Sq Ft
6,490
Sq Ft Lot
About This Home
As of April 2015PRICE REDUCED!!!
Only $124 per square foot. 6.25% cap rate. 10 x gross.
4 spacious units in Westmont which is "County" (i.e., not "City") portion of Los Angeles thus not subject to rent control.
Unit mix consists of two oversized 5 bedroom 2 bath units, one 3 bedroom 1 bath unit and one 2 bedroom 1 bath unit.
Units are separately metered for gas & electricity. Onsite covered parking for tenants.
Title profiles reflect the subject property as 6 units. Per seller some units were combined within the past 8 years. Permit report reflects the work to reduce building from 6 units to 4 units was done with permit and finalized. Buyer to verify.
Last Agent to Sell the Property
Re/Max Commercial & Investment License #01702754 Listed on: 10/14/2014
Last Buyer's Agent
Re/Max Commercial & Investment License #01702754 Listed on: 10/14/2014
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 6,502 Sq Ft Lot
- No Common Walls
Parking
- 6 Parking Spaces
Home Design
- 5,307 Sq Ft Home
Bedrooms and Bathrooms
- 15 Bedrooms
- 8 Bathrooms
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 59
- Assessor Parcel Number 6056015035
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 6 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $693
- Insurance Expense $1,278
- Trash Expense $1,062
- Water Sewer Expense $2,103
- New Taxes Expense $8,052
- Gross Income $5,430
- Net Operating Income $41,280
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/30/2015 04/30/15 | Sold | $645,000 | -7.2% | $122 / Sq Ft |
| 01/05/2015 01/05/15 | Pending | -- | -- | -- |
| 10/14/2014 10/14/14 | For Sale | $695,000 | -- | $131 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $12,367 | $775,185 | $414,634 | $360,551 |
| 2024 | $12,367 | $759,986 | $406,504 | $353,482 |
| 2023 | $12,027 | $745,085 | $398,534 | $346,551 |
| 2022 | $11,551 | $730,476 | $390,720 | $339,756 |
| 2021 | $11,441 | $716,154 | $383,059 | $333,095 |
| 2019 | $11,140 | $694,915 | $371,699 | $323,216 |
| 2018 | $10,970 | $681,290 | $364,411 | $316,879 |
| 2016 | $10,482 | $654,836 | $350,261 | $304,575 |
| 2015 | $8,247 | $466,124 | $370,537 | $95,587 |
| 2014 | -- | $456,994 | $363,279 | $93,715 |
Source: Public Records
Agents Affiliated with this Home
-
Daron Case
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB14221437
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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