NOT LISTED FOR SALE

1118 Elden Ave Los Angeles, CA 90006

Pico-Union Neighborhood
4 Beds
4 Baths
4,890 Sq Ft
8,401 Sq Ft Lot

Last Sold September 30, 2016

Last sale price $1,390,000 $284 Per Sq Ft

48 Days on Market

About This Home

As of September 2016

FAMILY TRUST AUCTION!!! UNBELIEVABLE OPPORTUNITY TO BUY 4 UNITS WITH PARKING IN THE HIGHLY DESIRABLE AREA OF MID WILSHIRE, NEXT TO KOREA TOWN. DOWNSTAIRS ARE (2) 1 BEDROOM, 1 BATH UNITS CONSISTING OF A LIVING ROOM, DINING AREA, KITCHEN AND SERVICE PORCH. UNIT 1118½ DOWNSTAIRS HAS ADDITIONAL FAMILY ROOM ATTACHED WITH FIREPLACE, ¾ BATH AND KITCHEN (¾ BATH & KITCHEN MAY NOT BE PERMITTED). UPSTAIRS (2) 1 BEDROOM, 1 BATH SPACIOUS UNITS CONSISTING OF A LIVING ROOM WITH DINING AREA, KITCHEN, FRONT PORCH AND SERVICE PORCH. BACKYARD. BACK ALLEY ACCESS WITH FOUR COVERED PARKING SPACES THAT HAVE GARAGE DOORS. SEPARATE GAS & ELECTRIC METERS FOR EACH UNIT. BUYERS TO VERIFY ALL PERMITS. CLOSE TO KOREATOWN AND DOWNTOWN LOS ANGELES. GREAT CENTRAL LOCATION.

Last Agent to Sell the Property

Larry Weiner

Flans & Weiner, Inc. License #00945753 Listed on: 07/05/2016

Last Buyer's Agent

Out Of Area Southland

SOUTHLAND

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 8,401 Sq Ft Lot
  • 1 Common Wall

Home Design

  • 4,890 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Additional Features

  • Laundry Room
  • Urban Location
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 5076012003

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Property Type: Residential Income
  • Parcel Number: 5076012003
  • Year Built: 1913
  • Special Features: Auction
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 284.25

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 8401.00
  • Price Per Lot Square Foot: 101.18

Multi Family

  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Lot: 26

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2016 09/30/16 Sold $1,390,000 +63.5% $284 / Sq Ft
08/22/2016 08/22/16 Pending -- -- --
07/05/2016 07/05/16 For Sale $850,000 -- $174 / 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 $20,413 $1,681,114 $1,238,145 $442,969
2024 $20,413 $1,613,313 $1,183,339 $429,974
2023 $20,033 $1,581,681 $1,160,137 $421,544
2022 $19,131 $1,550,669 $1,137,390 $413,279
2021 $18,884 $1,520,265 $1,115,089 $405,176
2019 $17,991 $1,475,175 $1,082,016 $393,159
2018 $17,505 $1,417,800 $1,060,800 $357,000
2016 $1,530 $95,619 $37,459 $58,160
2015 $1,514 $94,184 $36,897 $57,287
2014 $1,548 $92,340 $36,175 $56,165
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Larry Weiner

    Flans & Weiner, Inc.

    (818) 501-4888

    278 Total Sales

    Larry Weiner
    Section Image

  • O

    Buyer's Agent in 2016

    Out Of Area Southland

    SOUTHLAND

  • N

    Buyer's Agent in 2016

    NoEmail NoEmail

    SOUTHLAND

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16144629

California Regional Multiple Listing Service (CRMLS)

APN: 5076-012-003

California Los Angeles County Los Angeles 90006 Pico-Union

1118 Elden Ave, Los Angeles, CA

Not Listed for Sale

MultiFamily

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