NOT LISTED FOR SALE

1171 E 64th St Los Angeles, CA 90001

Estimated Value: $765,000 - $856,000

4 Beds
4 Baths
2,576 Sq Ft
$317/Sq Ft Est. Value

Last Sold November 08, 2021

Last sale price $668,500 $260 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,110/month

32 Days on Market

About This Home

As of November 2021

Attention all buyers!! Welcome to this great opportunity to own an amazing investment opportunity in the UNINCORPORATED part of Los Angeles! This property offers four spacious units each containing one bedroom and one bathroom! Each unit has had recent upgrades and are in excellent condition! Centrally located in a highly desirable rental area, this property will immediately produce you great cash flow! The property consists of two separate buildings, a gated lot, great storage room, and amazing tenants! This property is the perfect investment for a first time buyer, 1031 exchange buyer, or anyone looking to expand their portfolio! Do not hesitate! Make an offer today!

Last Agent to Sell the Property

Alberto Sanchez

Century 21 Allstars License #02028262 Listed on: 07/12/2021

Century 21 Allstars

Last Buyer's Agent

Mohammad Ali

Eagles Mortgage Company Inc. License #01757413

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 4,425 Sq Ft Lot
  • No Common Walls
  • Lawn
  • Front Yard

Home Design

  • 2,576 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 219
  • Tax Tract Number 5450
  • Assessor Parcel Number 6008016012

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $720
  • Water Sewer Expense $1,620
  • Operating Expense $2,340
  • Gross Income $50,556
  • Net Operating Income $48,216

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

4,425 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1620.00
  • Zoning: LCR3*
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 6008016012
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 259.51

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • 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: Front Yard, Lawn
  • Lot Size Sq Ft: 4425.00
  • Lot Size Acres: 0.1016

Multi Family

  • Gross Income: 50556.00
  • Gross Scheduled Income: 50556.00
  • Lot Size Area: 4425.0000 Square Feet
  • Net Operating Income: 48216.00
  • 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: 2340.00
  • Rent Control: Yes
  • Total Expenses: 2340.00

Tax Info

  • Tax Census Tract: 5329.00
  • Tax Lot: 219
  • Tax Tract Number: 5450

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2005
Sold by
Martinez Jesus
Bought by
Gerard Paul
Current Estimated Value
$822,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$153,801
Interest Rate
3%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$663,698

Purchase Details

Closed on
Sep 20, 2004
Sold by
Gathright Czell
Bought by
Martinez Jesus and Martinez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2003
Sold by
Gathright Czell and Gathright Evora A
Bought by
Gathright Czell and Gathright Evora A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 1998
Sold by
Gathright Czell
Bought by
Gathright Czell and Gathright Evora A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Gerard Paul $450,000 Southland Title Corporation
Gerard Paul -- Southland Title Corporation
Martinez Jesus $350,000 Southland Title Corporation
Gathright Czell -- Security Union Title
Gathright Czell -- Security Union Title
Gathright Czell -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerard Paul $360,000
Previous Owner Martinez Jesus $280,000
Previous Owner Gathright Czell $191,250
Closed Martinez Jesus $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2021 11/08/21 Sold $668,500 -2.4% $260 / Sq Ft
08/13/2021 08/13/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $685,000 -- $266 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,511 $708,354 $389,462 $318,892
2024 $10,171 $694,466 $381,826 $312,640
2023 $10,011 $680,850 $374,340 $306,510
2022 $9,578 $667,500 $367,000 $300,500
2021 $8,469 $568,117 $277,746 $290,371
2019 $8,230 $551,268 $269,509 $281,759
2018 $8,096 $540,460 $264,225 $276,235
2016 $6,460 $408,000 $199,400 $208,600
2015 $5,587 $335,000 $163,700 $171,300
2014 $6,510 $405,000 $197,900 $207,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21152236

California Regional Multiple Listing Service (CRMLS)

APN: 6008-016-012

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