NOT LISTED FOR SALE

1151 E 64th St Los Angeles, CA 90001

Estimated Value: $790,000 - $992,476

6 Beds
4 Baths
2,300 Sq Ft
$387/Sq Ft Est. Value

Last Sold December 12, 2019

Last sale price $689,000 $300 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,549/month

16 Days on Market

Highlights

  • Level Lot
  • Wall Furnace
  • 1-Story Property

About This Home

As of December 2019

City of Los Angeles, 4 unit Multifamily investment or live in one. 5 miles from DTLA. 8 miles to the NFL Rams stadium. Low Maintenance. Landscaping; $0 water: $190/month. 2/1 1/1 1/1 2/1 Rent Control Area

Last Agent to Sell the Property

Monica Vargas

Castlerock Properties License #01467304 Listed on: 09/10/2019

Castlerock Properties

Last Buyer's Agent

Monica Vargas

Castlerock Properties License #01467304 Listed on: 09/10/2019

Castlerock Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 4,365 Sq Ft Lot
  • 1 Common Wall
  • Level Lot

Home Design

  • Property Attached

Interior Spaces

  • 2,300 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • Parking Available
  • Assigned Parking

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 224
  • Tax Tract Number 5450
  • Assessor Parcel Number 6008016017

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,350
  • Water Sewer Expense $2,280
  • New Taxes Expense $8,600
  • Operating Expense $12,230
  • Gross Income $44,929
  • Net Operating Income $57,020

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2280.00
  • Zoning: LCR3*
  • Property Type: Residential Income
  • Parcel Number: 6008016017
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 299.57

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, Walkstreet
  • Lot Size Sq Ft: 4365.00
  • Lot Size Acres: 0.1002

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 44929.00
  • Gross Scheduled Income: 64800.00
  • Insurance Expense: 1350.00
  • Lot Size Area: 4365.0000 Square Feet
  • Net Operating Income: 57020.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 7780.00
  • Rent Control: Yes
  • Total Expenses: 12230.00

Tax Info

  • New Taxes Expense: 8600.00
  • Tax Census Tract: 5329.00
  • Tax Lot: 224
  • Tax Tract Number: 5450

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2019
Sold by
Vargas Monica Gisela
Bought by
Villegas Alejandro
Current Estimated Value
$889,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
3.7%
Mortgage Type
VA

Purchase Details

Closed on
Feb 16, 2010
Sold by
S Equities Inc
Bought by
Vargas Monica Gisela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,500
Interest Rate
5.02%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 17, 2009
Sold by
Munson Terry
Bought by
S Equities Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Villegas Alejandro $675,000 Pacific Coast Title
Vargas Monica Gisela $277,500 Provident Title Company
S Equities Inc $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Villegas Alejandro $675,000
Previous Owner Vargas Monica Gisela $188,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2019 12/12/19 Sold $689,000 0.0% $300 / Sq Ft
09/26/2019 09/26/19 Off Market $689,000 -- --
09/26/2019 09/26/19 Pending -- -- --
09/10/2019 09/10/19 For Sale $688,000 -- $299 / 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
2025 $10,810 $738,208 $328,093 $410,115
2024 $10,810 $723,734 $321,660 $402,074
2023 $10,299 $709,544 $315,353 $394,191
2022 $9,850 $695,632 $309,170 $386,462
2021 $9,741 $681,993 $303,108 $378,885
2019 $5,520 $321,102 $165,816 $155,286
2018 $5,427 $314,807 $162,565 $152,242
2016 $5,209 $302,584 $156,253 $146,331
2015 $5,138 $298,039 $153,906 $144,133
2014 $5,150 $292,202 $150,892 $141,310
Source: Public Records

Agents Affiliated with this Home

  • Monica Vargas

    Seller's Agent in 2019

    Monica Vargas

    Castlerock Properties

    (310) 437-9833

    83 Total Sales

    Monica Vargas
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19216720

California Regional Multiple Listing Service (CRMLS)

APN: 6008-016-017

California Los Angeles County Los Angeles 90001

1151 E 64th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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