NOT LISTED FOR SALE
-- Beds
-- Baths
4,200 Sq Ft
9,261 Sq Ft Lot

Sale Details

Date Sold: June 4, 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

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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

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 20, 2016
Sold by
Sunflash Investment Llc
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
$703,950
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 11, 2012
Closed on
May 29, 2012
Sold by
Ibarc Llc
Bought by
Sunflash Investment Llc
Seller's Agent
Dan Jacob Newman
Matthew Bradley Mandel
Buyer's Agent
Dan Jacob Newman
Matthew Bradley Mandel
List Price
$625,000
Sold Price
$650,000
Premium/Discount to List
$25,000
4%

Purchase Details

Listed on
Apr 11, 2012
Closed on
Apr 10, 2012
Sold by
Sierra F Llc
Bought by
Ibarc Llc
Seller's Agent
Dan Jacob Newman
Matthew Bradley Mandel
Buyer's Agent
Dan Jacob Newman
Matthew Bradley Mandel
List Price
$625,000
Sold Price
$650,000
Premium/Discount to List
$25,000
4%

Purchase Details

Closed on
Feb 26, 2009
Sold by
Sierra F Llc
Bought by
Jeannel Helene

Purchase Details

Closed on
Feb 25, 2009
Sold by
Jeannel Charles
Bought by
Jeannel Helene

Purchase Details

Closed on
Dec 29, 2006
Sold by
Continental Merpa Capital Inc
Bought by
Sierra F Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 28, 2006
Sold by
Cal Continental Capital Inc
Bought by
Continental Merpa Capital Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 27, 2006
Sold by
Central Action Plus Inc
Bought by
Cal Continental Capital Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 6, 2006
Sold by
Continental Merpa Capital Inc
Bought by
Central Action Plus Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 22, 2006
Sold by
Rader Ira Jay
Bought by
Continental Merpa Capital Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 16, 2006
Sold by
Rader Ira Jay
Bought by
Rader Ira Jay and Rader Mary Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 30, 2003
Sold by
Rader Ira Jay
Bought by
Rader Ira Jay and Rader Mary Anne

Purchase Details

Closed on
Mar 16, 2000
Sold by
Adams John
Bought by
Rader Ira J and Rader Maryanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
8.38%
Mortgage Type
Commercial

Purchase Details

Closed on
May 20, 1997
Sold by
Adams John
Bought by
Adams John and Quiros Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.98%
Mortgage Type
Commercial

Purchase Details

Closed on
May 16, 1997
Sold by
Rodriguez Leopoldo
Bought by
Adams John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 15, 1993
Sold by
Adams John
Bought by
Rodriguez Leopoldo
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,083,000 Provident Title Company
Sunflash Investment Llc $650,006 First American Title Company
Ibarc Llc $675,000 Accommodation
Jeannel Helene -- Provident Title Company
Jeannel Helene -- None Available
Sierra F Llc -- None Available
Continental Merpa Capital Inc -- None Available
Cal Continental Capital Inc -- None Available
Central Action Plus Inc -- None Available
Continental Merpa Capital Inc $775,000 Provident Title Company
Rader Ira Jay -- United Title Company Westlak
Rader Ira Jay -- None Available
Rader Ira Jay -- --
Rader Ira J $204,600 United Title Company
Adams John -- --
Adams John -- Commonwealth Title
Rodriguez Leopoldo -- Continental Lawyers 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 $960,000
Closed Eser Koma Llc $703,950
Previous Owner Sunflash Investment Llc $390,000
Previous Owner Sierra F Llc $295,000
Previous Owner Sierra F Llc $660,000
Previous Owner Continental Merpa Capital Inc $180,000
Previous Owner Continental Merpa Capital Inc $585,000
Previous Owner Rader Ira Jay $235,000
Previous Owner Rader Ira Jay $240,000
Previous Owner Rader Ira $210,000
Previous Owner Rader Ira Jay $210,000
Previous Owner Park Richard $7,500
Previous Owner Adams John $80,000
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
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

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
2026 $20,717 $1,307,684 $507,134 $800,550
2025 $20,717 $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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