NOT LISTED FOR SALE

1127 W 18th St Los Angeles, CA 90015

Pico-Union Neighborhood

Estimated Value: $1,067,000 - $1,205,000

8 Beds
4 Baths
4,330 Sq Ft
$257/Sq Ft Est. Value

Last Sold June 23, 2022

Last sale price $1,050,000 $242 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,156/month

2 Days on Market

Highlights

  • Detached Carport Space
  • Garden
  • 3-minute walk to Toberman Park

About This Home

As of June 2022

For sale, this is a Probate with No Court Confirmation required. A unique opportunity to purchase a four-unit two-story building. Public records show 8 bedrooms - 2units of 2 bedrooms and 1 bathroom, 1 unit of 3 bedrooms and 1 bathroom, and 1 unit of 1 bedroom and 1 bathroom. This property is situated on a 4,330 sq. ft. living space and 9,109 square foot, parcel Zoned LARD 1.5. Fantastic location, featuring private balconies, short distance to Downtown Los Angeles, Convention Center, LA Live, Crypto.com Arena. Easy access to public transportation, metro lines, freeways, and shopping center. Interior inspection showed with accepted offer. Please do not disturb tenants.

Last Agent to Sell the Property

Herman Saldana

Your Home Real Estate, Inc. License #00937399 Listed on: 04/18/2022

Last Buyer's Agent

Herman Saldana

Your Home Real Estate, Inc. License #00937399 Listed on: 04/18/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,923

Year Built

  • Built in 1913

Lot Details

  • 9,109 Sq Ft Lot
  • Two or More Common Walls
  • Garden
  • Back Yard

Home Design

  • 4,330 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • Detached Carport Space
  • Parking Available
  • Driveway
  • Paved Parking

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 3 / 5
  • Assessor Parcel Number 5135016008
  • $676 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $4,303
  • Trash Expense $890
  • Water Sewer Expense $721
  • Operating Expense $5,914
  • Gross Income $16,680
  • Net Operating Income $10,766

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,923

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Price Per Unit: 262500
  • Property Attached: Yes
  • Water Sewer Expenses: 721.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 5135016008
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 242.49

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Detached Carport, Driveway, Concrete

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 890.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Garden
  • Lot Size Sq Ft: 9109.00
  • Lot Size Acres: 0.2091

Multi Family

  • Gross Income: 16680.00
  • Gross Scheduled Income: 16680.00
  • Insurance Expense: 4303.00
  • Lot Size Area: 9109.0000 Square Feet
  • Net Operating Income: 10766.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 5914.00
  • Rent Control: Yes
  • Total Expenses: 5914.00
  • Vacancy Allowance: 3

Tax Info

  • Tax Block: 5
  • Tax Census Tract: 2243.20
  • Tax Lot: 3
  • TaxOtherAnnualAssessmentAmount: 676.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2022
Closed on
Jun 1, 2022
Sold by
Nazmi Hourani Seid
Bought by
Alcantar Vanessa M
Seller's Agent
Herman Saldana
Your Home Real Estate, Inc.
Buyer's Agent
Herman Saldana
Your Home Real Estate, Inc.
List Price
$1,050,000
Sold Price
$1,050,000
Total Days on Market
2
Current Estimated Value
$1,112,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,729
Avg. Annual Appreciation
1.70%

Purchase Details

Listed on
Apr 18, 2022
Closed on
May 13, 2022
Sold by
Alcantar Vanessa M
Bought by
Alcantar Vanessa M
Seller's Agent
Herman Saldana
Your Home Real Estate, Inc.
Buyer's Agent
Herman Saldana
Your Home Real Estate, Inc.
List Price
$1,050,000
Sold Price
$1,050,000
Source: Public Records

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Range of Values:

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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
Alcantar Vanessa M -- Chicago Title
Alcantar Vanessa M $1,050,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez Maria Laura $250,000
Previous Owner Hernandez Maria Laura $244,000
Closed Alcantar Vanessa M $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2022 06/23/22 Sold $1,050,000 0.0% $242 / Sq Ft
04/21/2022 04/21/22 Off Market $1,050,000 -- --
04/21/2022 04/21/22 For Sale $1,050,000 0.0% $242 / Sq Ft
04/20/2022 04/20/22 Off Market $1,050,000 -- --
04/20/2022 04/20/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $1,050,000 -- $242 / 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
2024 $10,923 $858,165 $514,900 $343,265
2023 $13,561 $1,071,000 $642,600 $428,400
2022 $5,370 $406,693 $229,875 $176,818
2021 $5,279 $398,719 $225,368 $173,351
2019 $5,132 $386,895 $218,685 $168,210
2018 $4,973 $379,310 $214,398 $164,912
2016 $4,718 $364,583 $206,074 $158,509
2015 $4,653 $359,108 $202,979 $156,129
2014 $4,695 $352,074 $199,003 $153,071
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2022

    Herman Saldana

    Your Home Real Estate, Inc.

    (562) 688-7279

    2 in this area

    4 Total Sales

    Herman Saldana
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22078274

California Regional Multiple Listing Service (CRMLS)

APN: 5135-016-008

California Los Angeles County Los Angeles 90015 Pico-Union

1127 W 18th St, Los Angeles, CA

This home is located at 1127 W 18th St, Los Angeles, CA 90015 since 18 April 2022 and is currently estimated at $1,112,729, approximately $256 per square foot. This property was built in 1913. 1127 W 18th St is a home located in Los Angeles County with nearby schools including Norwood Street Elementary School, John Adams Middle School, and West Adams Preparatory High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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