Michelle Covington
Compass
(323) 416-3171
23 Total Sales
1 in Westmont
$575,000 Price
1102 W 97th St Los Angeles, CA 90044
Westmont Area
15
Beds
8
Baths
5,307
Sq Ft
6,502
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
Daron Case
Re/Max Commercial & Investment License #01702754 Listed on: 10/14/2014
Last Buyer's Agent
Daron Case
Re/Max Commercial & Investment License #01702754 Listed on: 10/14/2014
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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
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
Closed on
Jan 7, 2015
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
$633,317
Interest Rate
3.73%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 23, 2009
Sold by
Bought by
Purchase Details
Closed on
Jun 2, 2008
Sold by
Bought by
Purchase Details
Closed on
Oct 2, 2001
Sold by
Bought by
Purchase Details
Closed on
Apr 13, 2001
Sold by
Bought by
Purchase Details
Closed on
Mar 17, 1998
Sold by
Bought by
Purchase Details
Closed on
Feb 14, 1997
Sold by
Bought by
Purchase Details
Closed on
Feb 17, 1995
Sold by
Bought by
Purchase Details
Closed on
Sep 8, 1994
Sold by
Bought by
Purchase Details
Closed on
Mar 20, 1994
Sold by
Bought by
Purchase Details
Closed on
Jan 24, 1994
Sold by
Bought by
Purchase Details
Closed on
Dec 11, 1993
Sold by
Bought by
Purchase Details
Closed on
Jul 23, 1993
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Los Angeles, CA
-
Michelle Covington
-
Crystal West
Crystal West
WestCity Realty & Lending Serv
(562) 269-3476
9 Total Sales
1 in Westmont
$760,000 Price
-
Roddy de la Garza
Roddy de la Garza
Epique Realty
(323) 615-1579
119 Total Sales
1 in Westmont
$750,000 Price
-
Jason Lowery
Jason Lowery
Compass
(747) 229-0866
88 Total Sales
5 in Westmont
$665K - $1.1M Price Range
-
Sylvia Bennett
Sylvia Bennett
eXp Realty of Greater L.A
(310) 893-6547
17 Total Sales
1 in Westmont
$848,700 Price
-
Navshad Lalani
Navshad Lalani
Right Choice Realty
(424) 688-1981
63 Total Sales
1 in Westmont
$995,000 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 |
|---|---|---|---|
| $660,000 | Fatcola | ||
| -- | First American Title Ins Co | ||
| -- | None Available | ||
| -- | -- | ||
| $5,000 | -- | ||
| -- | Commonwealth Land Title Co | ||
| $20,000 | -- | ||
| $200,000 | Fidelity National Title | ||
| $174,241 | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| $287,600 | First Southwestern Title Com |
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 | $150,000 | ||
| Closed | $200,000 | ||
| Open | $581,066 | ||
| Closed | $280,000 | ||
| Closed | $586,295 | ||
| Previous Owner | $633,317 | ||
| Previous Owner | $1,000,000 | ||
| Previous Owner | $434,000 | ||
| Previous Owner | $62,000 | ||
| Previous Owner | $360,000 | ||
| Previous Owner | $195,000 |
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 |
|---|---|---|---|---|
| 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
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 | $13,270 | $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
-
D
Seller's Agent in 2015
Daron Case
RE/MAX
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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