NOT LISTED FOR SALE

Estimated Value: $1,148,000 - $2,377,000

18 Beds
12 Baths
6,378 Sq Ft
$308/Sq Ft Est. Value

Last Sold November 07, 2024

Last sale price $2,300,000 $361 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $10,925/month

48 Days on Market

Highlights

  • New Construction
  • Attached Carport
  • Central Heating

About This Home

As of November 2024

A brand new 2023 construction NON RENT CONTROLLED four unit in South Los Angeles. This property is made up of two huge 5 bed/3 bath units & two 4 bed/3 bath units along with six on site parking spots. With ALL UNITS rented already and huge rental upside, do not miss this unmatched investment opportunity.

Last Agent to Sell the Property

Isaac Davidi

The Davidi Company License #01819489 Listed on: 10/11/2024

Last Buyer's Agent

Brian Jung

BJ Realty License #01946975

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 6,401 Sq Ft Lot
  • Lot Dimensions are 40x162

Home Design

  • Split Level Home

Interior Spaces

  • 6,378 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 12 Bathrooms

Parking

  • 6 Parking Spaces
  • Attached Carport

Utilities

  • Central Heating

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5119-014-001

Property Details

Home Type

Multi-Family

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Advertising Remarks: A brand new 2023 construction NON RENT CONTROLLED four unit in South Los Angeles. This property is made up of two huge 5 bed/3 bath units & two 4 Bed/3 bath units along with six on site parking spots. With ALL UNITS rented, it boasts a stabilized 7+% cap rate!
  • Alley: Yes
  • Living Area: 6378
  • Lot Acreage: 0.1469
  • Lot Dimensions: 40x162
  • Probate: No
  • Property Condition: New Construction
  • Stories: 2
  • Year Built: 2023
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 18
  • Common Walls: Attached
  • Total Bathrooms: 12.00
  • Equipment: Refrigerator
  • Price Per S Q F T: 360.46

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport Attached
  • Total Parking: 6

Utilities

  • Heating: Central

Lot Info

  • Assessor Parcel Number: 5119-014-001
  • Lot Size Area: 6401

Rental Info

  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 11.21
  • Number Of Units: 4
  • Type Of Units: Apartments

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2024
Closed on
Nov 1, 2024
Sold by
Troost Expert Llc
Bought by
Christine No Corporation Solo 401K Trust and David Hyun No Corporation Solo 401K Trust
Seller's Agent
Isaac Davidi
The Davidi Company
Buyer's Agent
Brian Jung
BJ Realty
List Price
$2,299,000
Sold Price
$2,300,000
Premium/Discount to List
$1,000
0.04%
Current Estimated Value
$1,963,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$336,744
Avg. Annual Appreciation
-12.55%

Purchase Details

Closed on
May 11, 2022
Sold by
Love Lena M
Bought by
Troost Expert Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Christine No Corporation Solo 401K Trust $2,300,000 Provident Title Company
Troost Expert Llc $615,000 Lawyers Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2024 11/07/24 Sold $2,300,000 0.0% $361 / Sq Ft
10/11/2024 10/11/24 Price Changed $2,299,000 0.0% $360 / Sq Ft
10/11/2024 10/11/24 For Sale $2,299,000 -8.0% $360 / Sq Ft
10/07/2024 10/07/24 Pending -- -- --
10/01/2024 10/01/24 Pending -- -- --
08/20/2024 08/20/24 For Sale $2,499,000 +306.3% $392 / Sq Ft
09/08/2022 09/08/22 Sold $615,000 +23.0% $320 / Sq Ft View Prior Sale
01/17/2022 01/17/22 Pending -- -- --
08/26/2021 08/26/21 For Sale $500,000 -- $260 / Sq Ft
08/26/2021 08/26/21 Pending -- -- --
Source: The MLS

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 $7,907 $2,300,000 $550,000 $1,750,000
2024 $7,907 $627,300 $501,840 $125,460
2023 $7,757 $615,000 $492,000 $123,000
2022 $901 $52,142 $14,521 $37,621
2021 $879 $51,121 $14,237 $36,884
2019 $857 $49,607 $13,816 $35,791
2018 $739 $48,636 $13,546 $35,090
2016 $682 $46,749 $13,021 $33,728
2015 $674 $46,048 $12,826 $33,222
2014 $685 $45,147 $12,575 $32,572
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-430313

The MLS

APN: 5119-014-001