NOT LISTED FOR SALE
6 Beds
5 Baths
3,094 Sq Ft
6,802 Sq Ft Lot

Last Sold April 04, 2013

Last sale price $750,000 $242 Per Sq Ft

13 Days on Market

About This Home

As of April 2013

5 unit multifamily property located near Sunset Junction. It is situated on a 6,795 SF lot zoned LARD2, and features 2 structures, a single family home built in 1906 and a quadruplex built in 1957. The single family home boasts 3 bedrooms and 1 bath of 1,014 SF, and the apartments are each 1 bedroom and 1 bath of appx. 520 SF. Each unit has its own gas and electric meter, and hot water heater. The city trash bins and minimal vegetation also help to reduce expenses. There is gated parking for 4 cars.The current owner has rehabbed 3/4 of the rear units, as well as the single family home. 3/4 of the rear units are Section 8 tenants and have recently passed Sec 8 inspections. The rear building is on a slab foundation and the front house has a crawl space. The Seller states that the roofs are in good condition with no leaks. In addition, the plumbing is regularly snaked.

Last Agent to Sell the Property

Dana Coronado

Compass License #01746702 Listed on: 01/15/2013

Compass

Co-Listed By

Mauricio Guerrero

License #01305292

Last Buyer's Agent

Dana Coronado

Compass License #01746702 Listed on: 01/15/2013

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1906

Lot Details

  • 6,802 Sq Ft Lot

Interior Spaces

  • 3,094 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Parking

  • 4 Parking Spaces
  • Gated Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 5542-024-021

Property Details

Home Type

Multi-Family

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 3094
  • Stories: 2
  • Year Built: 1906
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Hood Fan
  • Price Per S Q F T: 242.40

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Gated
  • Total Parking: 4

Utilities

  • Cooling: Wall/Window
  • Heating: Wall
  • Water Expense: 2010.00

Condo/Co-op/Association

  • Professional Management: 3196.00

Fee Information

  • Insurance Expense: 1547.00
  • Maintenance Expense: 2557.00
  • Other Expense: 1500.00

Lot Info

  • Assessed Improvement Value: 93571
  • Assessed Land Value: 119964
  • Assessor Parcel Number: 5542-024-021
  • Geocode Override: No
  • Lot Size Area: 6802

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 11.73
  • Number Of Units: 5
  • Rent Control: 100
  • Total Annual Expense: 21145
  • Type Of Units: Mostly 1Br
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 9375.00

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
04/04/2013 04/04/13 Sold $750,000 0.0% $242 / Sq Ft
01/28/2013 01/28/13 Pending -- -- --
01/15/2013 01/15/13 For Sale $750,000 -- $242 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-645467

The MLS