NOT LISTED FOR SALE

1126 E 70th St Los Angeles, CA 90001

-- Bed
-- Bath
4,200 Sq Ft
9,261 Sq Ft Lot

Last Sold June 04, 2012

Last sale price $650,000 $155 Per Sq Ft

24 Days on Market

About This Home

As of June 2012

NON RENT-CONTROL BANK OWNED REO 10 UNIT APARTMENT BUILDING.Property consists of 10 - 1 bedroom/1 bathroom bungalow-style units.Separately metered for gas and electric. Each unit has it's own water heater.Property is in good condition built in1924.Located in unincorporated Los Angeles (Florence District). Property is in a residential neighborhood consisting of similar apartments and single family homes.

Last Agent to Sell the Property

Dan Jacob Newman

Matthew Bradley Mandel License #01304677 Listed on: 04/11/2012

Last Buyer's Agent

Dan Jacob Newman

Matthew Bradley Mandel License #01304677 Listed on: 04/11/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924 | Remodeled

Lot Details

  • 9,261 Sq Ft Lot

Home Design

  • Bungalow

Interior Spaces

  • 4,200 Sq Ft Home
  • 1-Story Property

Utilities

  • Heating System Mounted To A Wall or Window
  • Water Heater
  • Sewer in Street

Community Details

  • 5 Buildings
  • 10 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 6010-013-009

Property Details

Home Type

Multi-Family

Year Built

Built in 1924 | Remodeled

Lot Details

9,261 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: California Bungalow
  • Street Number Display: Yes
  • Living Area: 4200
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1924
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 148.81

Exterior Features

  • Construction: Stucco
  • Construction: Frame and Stucco
  • Pool: No

Utilities

  • Water Heater: Water Heater Unit
  • Electric Expense: 1800.00
  • Heating: Wall
  • Number Electric Meters: 10
  • Number Gas Meters: 10
  • Sewer: In Street
  • Water Expense: 7500.00
  • Water Heaters: Yes

Fee Information

  • Gas Expense: 6600.00
  • Insurance Expense: 2100.00
  • Maintenance Expense: 5400.00
  • Management Expense: 4713.00
  • Other Expense: 875.00
  • Trash Expense: 1080.00

Lot Info

  • Assessed Improvement Value: 459000
  • Assessed Land Value: 331500
  • Assessor Parcel Number: 6010-013-009
  • Lot Size Area: 9261

Rental Info

  • Number Leased: 10
  • Total Actual Rent: 1074564.00
  • Owner Pays: Water
  • Rent Control: No
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 6.63
  • Number Of Units: 10
  • Rent Control: 0
  • Type Of Units: Bugalow

Tax Info

  • Tax Expense: 7813.00
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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
06/04/2012 06/04/12 Sold $650,000 +4.0% $155 / Sq Ft
05/05/2012 05/05/12 Pending -- -- --
04/11/2012 04/11/12 For Sale $625,000 -- $149 / Sq Ft
Source: The MLS

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 $20,072 $1,282,044 $497,191 $784,853
2024 $20,072 $1,256,907 $487,443 $769,464
2023 $19,261 $1,232,263 $477,886 $754,377
2022 $18,479 $1,208,102 $468,516 $739,586
2021 $18,285 $1,184,415 $459,330 $725,085
2019 $17,788 $1,149,287 $445,707 $703,580
2018 $17,557 $1,126,753 $436,968 $689,785
2016 $12,235 $689,674 $371,363 $318,311
2015 $12,072 $679,315 $365,785 $313,530
2014 $12,104 $666,009 $358,620 $307,389
Source: Public Records

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Map

Source: The MLS

MLS Number: 12-595451

The MLS
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