Colt Maloney
Figure 8 Realty
(213) 513-7683
59 Total Sales
1 in Central Alameda
$850,000 Price
1194 E 41st St Los Angeles, CA 90011
Central Alameda Neighborhood
6
Beds
5
Baths
2,879
Sq Ft
6,301
Sq Ft Lot
Highlights
- City Lights View
- Private Yard
- Wrought Iron Fence
- Wood Flooring
- No HOA
- Level Lot
About This Home
As of September 2017GREAT OPPORTUNITY to purchase 5 individual homes on one large lot!!! tenants love it because they have "homes".....not apartments!! owner has owned 13 years...2 tenants are originals, other 3 have been there longer than 4 years......very conveniently located...1 block to shopping area on Central Ave.....also about 5 min to #110 FWY......or #10 FWY.....good for commuting...neighbor on the East side is a church.....very quiet on all days but SUNDAY!! Owner occupied properties all around....neighborhood has been very drama-free in the past 13 years. Homes are individually metered for electricity and gas....owner pays for water/sewer. Rents shown are accurate....REAL!! the "proforma" is actually a bit conservative....it is LA. RENT CONTROL....you must follow the rules of the rent stabilization agency...not difficult. AGENTS...please read private remarks.
Last Agent to Sell the Property
Golden Eagle Properties License #01214367 Listed on: 07/31/2017
Co-Listed By
Debi Garcia-Benson
Coldwell Banker Realty License #00781667
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1913
Lot Details
- 6,301 Sq Ft Lot
- No Common Walls
- Wrought Iron Fence
- Wood Fence
- Fence is in average condition
- Level Lot
- Private Yard
- Lawn
- Front Yard
Interior Spaces
- 2,879 Sq Ft Home
- 1-Story Property
- City Lights Views
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
- Water Heater
Additional Features
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 3
- Tax Tract Number 5115
- Assessor Parcel Number 5115025029
Community Details
Overview
- No Home Owners Association
- 5 Buildings
- 5 Units
Building Details
- 5 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,600
- Maintenance Expense $2,000
- Water Sewer Expense $7,000
- New Taxes Expense $8,125
- Operating Expense $18,725
- Gross Income $51,516
- Net Operating Income $32,791
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 27, 2017
Sold by
Sola Impact Fund Ii Lp
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,750
Interest Rate
3.95%
Mortgage Type
Commercial
Purchase Details
Listed on
Jul 31, 2017
Closed on
Aug 18, 2017
Sold by
Garcia Benson Deborah H and Ocean City Properties Living T
Bought by
Sola Impact Fund 11 Lp
Seller's Agent
Dave Stockton
Golden Eagle Properties
Buyer's Agent
Martin Muoto
Martin Muoto
List Price
$647,500
Sold Price
$625,000
Premium/Discount to List
-$22,500
-3.47%
Purchase Details
Closed on
Oct 10, 2007
Sold by
Stockton David L and Garcia Benson Deborah H
Bought by
Garcia Benson Deborah H and The Ocean City Properties Ii L
Purchase Details
Closed on
Nov 28, 2005
Sold by
Stockton Nancy D
Bought by
Stockton Dave L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
6.07%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 17, 2005
Sold by
Cornejo Federico D
Bought by
Stockton Dave L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
6.07%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 10, 2004
Sold by
Martini Olivia and Martini Family Trust
Bought by
Cornejo Federico D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.97%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 1, 1997
Sold by
Martini Ernest and Martini Olivia
Bought by
Martini Ernest and Martini Olivia
Purchase Details
Closed on
Dec 14, 1994
Sold by
Highland Federal Bank Fsb
Bought by
Martini Ernest and Martini Olivia
Purchase Details
Closed on
Aug 26, 1994
Sold by
Garzon Justino and Garzon Elvia
Bought by
Highland Federal Bank Fsb
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Central Alameda, CA
-
Colt Maloney
-
Miguel Garcia
Miguel Garcia
RE/MAX MASTERS REALTY
(626) 727-7715
34 Total Sales
1 in Central Alameda
$860,000 Price
-
Marivel Kuenstler
Marivel Kuenstler
Compass
(562) 246-9516
87 Total Sales
2 in Central Alameda
$670,000 Price Range
-
Mark Moskowitz Team
Mark Moskowitz Team
Responds QuicklyKeller Williams Westlake Village
(747) 277-5427
75 Total Sales
2 in Central Alameda
$365,000 Price Range
-
Monica Olmos
Monica Olmos
Century 21 Masters
(626) 986-7539
43 Total Sales
1 in Central Alameda
$515,000 Price
-
John Fontamillas
John Fontamillas
ALIGN HOMES
(213) 566-4452
60 Total Sales
1 in Central Alameda
$470,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Provident Title | ||
| Sola Impact Fund 11 Lp | $625,000 | Chicago Title Company | |
| Garcia Benson Deborah H | -- | None Available | |
| Stockton David L | -- | None Available | |
| Stockton Dave L | -- | Commonwealth Land Title Co | |
| Stockton Dave L | -- | -- | |
| Cornejo Federico D | $300,000 | North American Title Company | |
| Martini Ernest | -- | -- | |
| Martini Ernest | $125,000 | Southern California Title Co | |
| Highland Federal Bank Fsb | $174,210 | North American Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $651,000 | ||
| Open | Sola Impact Fund Ii Lp | $1,619,250 | |
| Closed | Sola Impact Fund Ii Lp | $528,000 | |
| Closed | Sola Impact Fund Ii Lp | $488,750 | |
| Previous Owner | Stockton Dave L | $326,250 | |
| Previous Owner | Cornejo Federico D | $210,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/29/2017 09/29/17 | Sold | $625,000 | -3.5% | $217 / Sq Ft |
| 08/09/2017 08/09/17 | Pending | -- | -- | -- |
| 07/31/2017 07/31/17 | For Sale | $647,500 | -- | $225 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $9,383 | $725,359 | $394,596 | $330,763 |
| 2025 | $9,383 | $711,137 | $386,859 | $324,278 |
| 2024 | $9,259 | $697,194 | $379,274 | $317,920 |
| 2023 | $9,093 | $683,525 | $371,838 | $311,687 |
| 2022 | $8,698 | $670,124 | $364,548 | $305,576 |
| 2021 | $8,587 | $656,985 | $357,400 | $299,585 |
| 2020 | $8,665 | $650,250 | $353,736 | $296,514 |
| 2019 | $8,348 | $637,500 | $346,800 | $290,700 |
| 2018 | $8,232 | $625,000 | $340,000 | $285,000 |
| 2016 | $6,028 | $450,000 | $225,000 | $225,000 |
| 2015 | $5,432 | $400,000 | $200,000 | $200,000 |
| 2014 | $5,259 | $374,000 | $200,000 | $174,000 |
Source: Public Records
Agents Affiliated with this Home
-
Dave Stockton
DS
Seller's Agent in 2017
Dave Stockton
Golden Eagle Properties
(951) 401-1319
15 Total Sales
-
DG
Seller Co-Listing Agent in 2017
Debi Garcia-Benson
Coldwell Banker Realty
-
Martin Muoto
Buyer's Agent in 2017
Martin Muoto
Martin Muoto
(415) 271-0705
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW17174517
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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