Pedro Torres Jr.
First Class Platinum Brokers
(562) 392-3404
122 Total Sales
2 in Broadway-Manchester
$620,000 Price Range
11218 S Main St Los Angeles, CA 90061
Broadway-Manchester NeighborhoodEstimated Value: $1,169,000 - $1,993,443
12
Beds
10
Baths
5,340
Sq Ft
$285/Sq Ft
Est. Value
Highlights
- Built in 2018 | Newly Remodeled
- Contemporary Architecture
- Neighborhood Views
- Gated Parking
- No HOA
- 4-minute walk to 111th Place Pocket Park
About This Home
As of September 2018Welcome to 11218 S Main St: This carefully designed property is 100% 2018 NEW CONSTRUCTION. It is comprised of 2 duplexes all VACANT-NO RENT CONTROL: Front building consists of 3 bedrooms & 2 bathroom with a full master en-suite including walk-in closet per unit. Rear building consists of 3 bedroom 2 bathroom with a full master en-suite including walk-in closet -plus a powder room per unit. Amenities include washer & dryer hook-up, central heat system, cable ready, along with a functional design incorporating the family kitchen & common space floor plan. All 4 units are separately metered for Water, Gas and Electrical Meters keeping the operating expenses at a minimum. 4- 1 car garage(s) and 4 additional parking stalls for alley access parking convenience. This property is perfect for any investor looking for a good cap rate, whether you're looking for a strong cash flow or an investment that you can owner occupy, search no further...this is the one. Property is priced to sell, only 15 minutes to USC Village featuring Trader Joe’s & City Target, LAFC Soccer Stadium, plus just a few miles to LAX and the on-going Souhbay-Inglewood Development’s, LA Rams Football Statdium. Commuters enjoy close proximity to public transportation and all,major freeways, making it easy and convenient for daily commuting. Schedule your showings today, this will sell fast and we welcome your 1031 exchange here!
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 2018 | Newly Remodeled
Lot Details
- 6,287 Sq Ft Lot
- 1 Common Wall
- Wrought Iron Fence
- Front Yard Sprinklers
- Sprinklers on Timer
Parking
- 4 Car Garage
- Parking Available
- Rear-Facing Garage
- Side Facing Garage
- Garage Door Opener
- Gravel Driveway
- Gated Parking
Home Design
- Contemporary Architecture
- Quadruplex
- Turnkey
- Shingle Roof
Interior Spaces
- 5,340 Sq Ft Home
- 2-Story Property
- Neighborhood Views
- Washer and Gas Dryer Hookup
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 12 Bedrooms
- 10 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- SEER Rated 16+ Air Conditioning Units
- Forced Air Heating System
- 220 Volts
- Private Water Source
Listing and Financial Details
- Tax Lot 63
- Tax Tract Number 4897
- Assessor Parcel Number 6073025012
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Insurance Expense $1,600
- Trash Expense $400
- New Taxes Expense $16,250
- Operating Expense $18,250
- Net Operating Income $118,800
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 9, 2020
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
Jul 16, 2018
Closed on
Sep 7, 2018
Sold by
Bought by
Seller's Agent
Xio Sandoval
ehomes
Buyer's Agent
Xio Sandoval
ehomes
List Price
$1,299,999
Sold Price
$1,265,000
Premium/Discount to List
-$34,999
-2.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.36%
Original Mortgage
$948,750
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Jul 16, 2018
Closed on
Aug 20, 2018
Sold by
Bought by
Seller's Agent
Xio Sandoval
ehomes
Buyer's Agent
Xio Sandoval
ehomes
List Price
$1,299,999
Sold Price
$1,265,000
Premium/Discount to List
-$34,999
-2.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$948,750
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 25, 2017
Sold by
Bought by
Purchase Details
Closed on
Apr 21, 2015
Sold by
Bought by
Purchase Details
Closed on
Oct 6, 2006
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
$70,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 21, 1998
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Broadway-Manchester, CA
-
Pedro Torres Jr.
-
Jared Nuñez
Jared Nuñez
Ambiance Realty
(562) 568-7742
145 Total Sales
3 in Broadway-Manchester
$791K - $940K Price Range
-
Michael Barragan
Michael Barragan
AMERIPRIDE PROPERTIES
(909) 442-1231
43 Total Sales
2 in Broadway-Manchester
$600,000 Price Range
-
Whenrica McAfee
Whenrica McAfee
Excellence RE Real Estate
(951) 848-5254
36 Total Sales
1 in Broadway-Manchester
$910,000 Price
-
Devan Terry
Devan Terry
Coldwell Banker Realty
(323) 433-6283
10 Total Sales
1 in Broadway-Manchester
$519,000 Price
-
Fernando Aguilar Jr.
Fernando Aguilar Jr.
Responds QuicklyKeller Williams Pacific Estates
(562) 667-3107
40 Total Sales
3 in Broadway-Manchester
$710K - $740K Price Range
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 |
|---|---|---|---|
| -- | None Available | ||
| -- | None Available | ||
| $1,265,000 | Fidelity National Title Comp | ||
| $285,000 | Fidelity National Title Co | ||
| $185,000 | Usa National Title Company | ||
| $25,000 | Fidelity National Title | ||
| $1,000 | Chicago Title Co |
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 | $950,000 | ||
| Previous Owner | $948,750 | ||
| Previous Owner | $11,250 | ||
| Previous Owner | $70,000 |
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 |
|---|---|---|---|---|
| 09/05/2018 09/05/18 | Sold | $1,265,000 | -2.7% | $237 / Sq Ft |
| 07/16/2018 07/16/18 | For Sale | $1,299,999 | -- | $243 / 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 | $18,056 | $1,411,126 | $468,515 | $942,611 |
| 2024 | $17,818 | $1,383,458 | $459,329 | $924,129 |
| 2023 | $17,482 | $1,356,332 | $450,323 | $906,009 |
| 2022 | $16,695 | $1,329,739 | $441,494 | $888,245 |
| 2021 | $16,473 | $1,303,667 | $432,838 | $870,829 |
| 2020 | $16,584 | $1,290,300 | $428,400 | $861,900 |
Source: Public Records
Agents Affiliated with this Home
-
Xio Sandoval
Seller's Agent in 2018
Xio Sandoval
ehomes
(323) 253-5456
98 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: MB18170810
APN: 6073-025-013
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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