NOT LISTED FOR SALE
12 Beds
-- Bath
7,494 Sq Ft
6,577 Sq Ft Lot

Sale Details

Date Sold: June 24, 2022

Last sale price $2,150,000 $287 Per Sq Ft

19 Days on Market

About This Home

As of June 2022

This 7-unit apartment building is a great opportunity for an investor. Built in 1986. Great location in high demand rental area with convenient access to Fwy 105, 405 and 110. Also close to Sofi Stadium and LAX. Four units are one bedroom with den converted into another bedroom.

Last Agent to Sell the Property

Jerry Hsu

Shu-Hui Hsu License #01316593 Listed on: 04/27/2022

Last Buyer's Agent

Ryan Gonzalez

Lyon Stahl Investment Real Est License #01874815

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 6,577 Sq Ft Lot
  • No Common Walls
  • Density is 6-10 Units/Acre

Interior Spaces

  • 12 Bedrooms
  • 7,494 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Parking

  • 13 Parking Spaces
  • 13 Carport Spaces

Listing and Financial Details

  • Tax Lot 245
  • Tax Tract Number 245
  • Assessor Parcel Number 4047006004
  • $1,999 per year additional tax assessments

Community Details

Building Details

  • 7 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,351
  • Fuel Expense $132
  • Gardener Expense $660
  • Insurance Expense $3,501
  • Maintenance Expense $5,836
  • Pest Control $876
  • Supplies Expense $5,556
  • Trash Expense $4,167
  • Water Sewer Expense $4,622
  • New Taxes Expense $23,100
  • Operating Expense $49,983
  • Gross Income $128,880
  • Net Operating Income $78,897

Additional Features

  • 7 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

6,577 Sq Ft Lot

Listing Details

  • CapRate: 3.67
  • Property Attached: No
  • Supplies Expense: 5556.00
  • Water Sewer Expenses: 4622.00
  • Zoning: HAR3YY
  • Property Type: Residential Income
  • Gardener Expense: 660.00
  • Parcel Number: 4047006004
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 286.90

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 13.00
  • Total Parking Spaces: 13.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Pest Control Expense: 876.00
  • Sewer: Public Sewer
  • Trash Expense: 4167.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 6577.00
  • Lot Size Acres: 0.1510

Multi Family

  • Electric Expense: 1351.00
  • Fuel Expense: 132.00
  • Gross Income: 128880.00
  • Gross Multiplier: 16.68
  • Gross Scheduled Income: 128880.00
  • Insurance Expense: 3501.00
  • Lot Size Area: 6577.0000 Square Feet
  • Maintenance Expense: 5836.00
  • Net Operating Income: 78897.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Operating Expense: 49983.00
  • Rent Control: No
  • Total Actual Rent: 10740.00
  • Total Expenses: 49983.00

Tax Info

  • New Taxes Expense: 23100.00
  • Tax Census Tract: 6021.04
  • Tax Lot: 245
  • Tax Tract Number: 245
  • TaxOtherAnnualAssessmentAmount: 1999.00

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

Listed on
Apr 27, 2022
Closed on
Jun 8, 2022
Sold by
Bought by
Seller's Agent
Jerry Hsu
Shu-Hui Hsu
Buyer's Agent
Ryan Gonzalez
Lyon Stahl Investment Real Est
List Price
$2,150,000
Sold Price
$2,150,000

Purchase Details

Closed on
Apr 11, 2014
Sold by
Bought by

Purchase Details

Closed on
Dec 14, 2007
Sold by
Bought by

Purchase Details

Closed on
Jun 4, 2004
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
$600,000
Interest Rate
6.27%
Mortgage Type
Commercial
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
$2,150,000 Chicago Title
-- Ticor Title
-- None Available
$850,000 Fidelity National Title
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
Previous Owner $600,000
Previous Owner $300,000
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
06/24/2022 06/24/22 Sold $2,150,000 0.0% $287 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $2,150,000 -- $287 / 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 $30,325 $2,281,596 $848,966 $1,432,630
2024 $29,094 $2,236,860 $832,320 $1,404,540
2023 $29,174 $2,193,000 $816,000 $1,377,000
2022 $15,742 $1,116,479 $781,538 $334,941
2021 $15,521 $1,094,588 $766,214 $328,374
2019 $14,999 $1,062,124 $743,489 $318,635
2018 $14,444 $1,041,299 $728,911 $312,388
2016 $13,704 $1,000,865 $700,607 $300,258
2015 $13,405 $985,832 $690,084 $295,748
2014 $13,358 $966,522 $676,567 $289,955
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22085677

California Regional Multiple Listing Service (CRMLS)
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