NOT LISTED FOR SALE
18 Beds
14 Baths
11,067 Sq Ft
0.32 Acres

Last Sold March 13, 2018

Last sale price $4,926,000 $445 Per Sq Ft

340 Days on Market

Highlights

  • 14,050 Sq Ft lot
  • Laundry Room
  • Ceiling Fan
  • Richland Avenue Elementary Rated A-

About This Home

As of March 2018

The Court Confirmation date of the Gateway Apts is 2/6/2018 to be held at the Court House Downtown at 111 N. Hill Street at 8:30 A.M. dept 5. The first overbid is $5,127,800. The property is sold in "as is" condition no contingencies including physical inspections, loan and appraisal.Buyers are to bring a cashier's check for at least 10% of the overbid amount. If the property sells for more than the overbid the balance is due by the end of business day (day of the hearing). To bid in court the purchaser must have a cashier's check with them. Real Estate agents representing an overbidding client should attend Court hearing. The Cashier's check should be made payable to West Coast Escrow. The successful Buyer/Bidder will need to sign a court order. The Buyer/Bidder must know how they will take title.

Last Agent to Sell the Property

Marcy Petrus

Compass License #00560449 Listed on: 01/02/2017

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 0.32

Parking

  • 11 Car Garage

Interior Spaces

  • 11,067 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Disposal

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 14 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • 0.32 Acre Lot
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 4257-006-022

Community Details

Overview

  • 2 Buildings
  • 14 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Parking

11

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Alley: Yes
  • Living Area: 11067
  • Probate: Yes
  • Stories: 2
  • Year Built: 1953
  • Number Of Photos: 53
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Carpet: 14
  • Number Dishwasher: 0
  • Number Disposal: 14
  • Number Refrigerator: 13
  • Bedrooms: 18
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area, Outside
  • Total Bathrooms: 14.00
  • Den: 0
  • Equipment: Ceiling Fan, Garbage Disposal
  • Price Per S Q F T: 506.01

Exterior Features

  • Tennis Court Y/N: No
  • Construction: Stucco
  • Number Patio: 0
  • Paved: Yes
  • Pool: No

Garage/Parking

  • Garage Spaces: 11
  • Covered Parking: 11
  • Garage Structures: 2
  • Number Rented Garages: 0
  • Parking Garage: Assigned, Community Garage
  • Total Parking: 11

Utilities

  • Water District: L.A. Dept of Water & Power
  • Heating: Wall
  • Number Electric Meters: 14
  • Number Gas Meters: 14
  • Water Heaters: Yes

Schools

  • School District: Los Angeles Unified

Lot Info

  • Assessed Improvement Value: 219518
  • Assessed Land Value: 137910
  • Assessor Parcel Number: 4257-006-022
  • Geocode Override: No
  • Lot Size Area: 14050

Rental Info

  • Number Leased: 0
  • Court Approve: Yes
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Number Of Units: 14
  • Rent Control: 100%
  • Total Annual Expense: 0
  • Type Of Units: apartments
  • Vacancy Rate: 43%

MLS Schools

  • School District: Los Angeles Unified

Range of Values:

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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
03/13/2018 03/13/18 Sold $4,926,000 -12.0% $445 / Sq Ft
12/08/2017 12/08/17 Pending -- -- --
01/02/2017 01/02/17 For Sale $5,600,000 -- $506 / 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: 16-188540

The MLS