NOT LISTED FOR SALE
6 Beds
6 Baths
4,436 Sq Ft
6,951 Sq Ft Lot

Last Sold January 28, 2015

Last sale price $900,000 $203 Per Sq Ft

245 Days on Market

Highlights

  • Private Yard
  • No HOA
  • 3-minute walk to Expo/Vermont

About This Home

As of January 2015

Building is just a short walk to USC campus and only minutes away from Staples center and LA Live. There are 3 total buildings on the lot, the first building has 4 units and the other 2 buildings in the back are 1 unit each. All units are Section 8 approved with 4 units currently being occupied with one cash tenant. All units are in good condition with some modest upgrades done several years back.

Last Agent to Sell the Property

Jason Arnold

Excellence Realty License #01834196 Listed on: 01/15/2015

Last Buyer's Agent

Jason Arnold

Excellence Realty License #01834196 Listed on: 01/15/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 6,951 Sq Ft Lot
  • Lot Dimensions are 50 x 139.1
  • Two or More Common Walls
  • Private Yard

Home Design

  • 4,436 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 25 / 2
  • Tax Tract Number 25
  • Assessor Parcel Number 5040032017

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 6 Units

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 6 Separate Water Meters
  • Insurance Expense $1,000
  • Water Sewer Expense $2,160
  • New Taxes Expense $4,595
  • Net Operating Income $83,445

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: BREARLEY & SINSABAUGH
  • Water Sewer Expenses: 2160.00
  • Property Type: Residential Income
  • Parcel Number: 5040032017
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 202.89

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Urban

Lot Info

  • Lot Features: Yard
  • Lot Size: 50 X 139.1
  • Lot Size Sq Ft: 6951.00
  • Lot Size Acres: 0.1600

Multi Family

  • Gross Scheduled Income: 91200.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 6951.0000 Square Feet
  • Net Operating Income: 83445.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Number Of Units Total: 6
  • Operating Expense: 646.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 4595.00
  • Tax Block: 2
  • Tax Lot: 25
  • Tax Tract Number: 25
  • Tax Year: 2012

Range of Values:

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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2015 01/28/15 Sold $900,000 -15.8% $203 / Sq Ft
10/27/2014 10/27/14 Pending -- -- --
02/24/2014 02/24/14 For Sale $1,069,000 -- $241 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS14039059

California Regional Multiple Listing Service (CRMLS)