NOT LISTED FOR SALE

Estimated Value: $554,876 - $786,000

6 Beds
3 Baths
2,368 Sq Ft
$281/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $460,000 $194 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,258/month

35 Days on Market

Highlights

  • Main Floor Bedroom
  • No HOA
  • Laundry Room
  • Private Yard
  • Living Room
  • Stone Flooring

About This Home

As of April 2021

BACK ON THE MARKET WITH AN EXCELLENT PRICE REDUCTION! Desirable location of Los Angeles. Great opportunity for investors! This 2 building, 3 unit property is in need of some TLC/repairs for all units. It is being sold in its "As Is" condition. The property to be sold with tenants in place, one unit will be vacated. Drive by only and please do not disturb the tenants.

Last Agent to Sell the Property

Shaune Lacy

West Shores Realty, Inc. License #01058339 Listed on: 02/15/2021

West Shores Realty, Inc.

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,571

Year Built

  • Built in 1924

Lot Details

  • 6,051 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Private Yard
  • Front Yard

Home Design

  • Property Attached
  • Fixer Upper
  • Flat Roof Shape
  • Raised Foundation
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,368 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Stone
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer

Parking

  • 4 Open Parking Spaces
  • 5 Parking Spaces
  • 1 Carport Space
  • Parking Available

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 62 / 1
  • Tax Tract Number 2871
  • Assessor Parcel Number 6076020013

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,640
  • Maintenance Expense $3,500
  • Water Sewer Expense $2,246
  • New Taxes Expense $7,813
  • Operating Expense $17,199
  • Gross Income $18,518
  • Net Operating Income $6,532

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,571

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Assessments: No
  • Other Phone Number: 3105039509
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 2246.00
  • Zoning: LCR320U*
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 6076020013
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Stone, Vinyl
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 194.26
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom

Exterior Features

  • Foundation: Raised, Slab
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Composition, Flat

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Yard
  • Lot Size Sq Ft: 6051.00
  • Lot Size Acres: 0.1389
  • Latitude Manual: 33.93450200

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 18518.00
  • Gross Scheduled Income: 18518.00
  • Insurance Expense: 3640.00
  • Lot Size Area: 6051.0000 Square Feet
  • Maintenance Expense: 3500.00
  • Net Operating Income: 6532.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 11986.00
  • Rent Control: Yes
  • Total Expenses: 17199.00

Tax Info

  • New Taxes Expense: 7813.00
  • Tax Block: 1
  • Tax Census Tract: 6003.04
  • Tax Lot: 62
  • Tax Tract Number: 2871

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2021
Closed on
Apr 9, 2021
Sold by
Crear Joan and Dorothy Pulliam Family Living
Bought by
Kjt Properties Llc
Seller's Agent
Shaune Lacy
West Shores Realty, Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$625,000
Sold Price
$460,000
Premium/Discount to List
-$165,000
-26.4%
Current Estimated Value
$662,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,327
Avg. Annual Appreciation
8.99%
Original Mortgage
$345,000
Interest Rate
3.05%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 16, 2007
Sold by
Pulliam Dorothy
Bought by
Pulliam Dorothy and Dorothy Pulliam Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2005
Sold by
Pulliam Dorothy
Bought by
Pulliam Dorothy and The Dorothy Pulliam Family Liv

Purchase Details

Closed on
Aug 27, 1996
Sold by
Pulliam Howard D and Pulliam Howard
Bought by
Pulliam Howard and Pulliam Dorothy Ann
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Kjt Properties Llc $460,000 Orange Coast Ttl Co Of Socal
Pulliam Dorothy -- None Available
Pulliam Dorothy -- Gateway Title Company
Pulliam Dorothy -- --
Pulliam Howard -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kjt Properties Llc $361,000
Closed Kjt Properties Llc $345,000
Previous Owner Pulliam Dorothy $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $460,000 -16.4% $194 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
03/21/2021 03/21/21 Price Changed $550,000 -12.0% $232 / Sq Ft
03/20/2021 03/20/21 For Sale $625,000 0.0% $264 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
02/15/2021 02/15/21 For Sale $625,000 -- $264 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $7,571 $497,917 $443,796 $54,121
2024 $7,571 $488,155 $435,095 $53,060
2023 $7,201 $478,584 $426,564 $52,020
2022 $6,898 $469,200 $418,200 $51,000
2021 $6,830 $460,000 $400,000 $60,000
2020 $2,550 $89,780 $30,031 $59,749
2019 $2,496 $88,021 $29,443 $58,578
2018 $2,380 $86,296 $28,866 $57,430
2016 $2,251 $82,946 $27,746 $55,200
2015 $2,225 $81,701 $27,330 $54,371
2014 $2,239 $80,101 $26,795 $53,306
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN21031584

California Regional Multiple Listing Service (CRMLS)

APN: 6076-020-013