Seller's Agent in 2019
Carlos Skubacz
RE/MAX
(714) 290-0936
23 Total Sales
1202 Crenshaw Blvd Los Angeles, CA 90019
Arlington Heights NeighborhoodEstimated Value: $1,581,243 - $1,798,000
6
Beds
6
Baths
3,422
Sq Ft
$494/Sq Ft
Est. Value
Highlights
- No HOA
- Rectangular Lot
- Wall Furnace
About This Home
As of March 2019Value add opportunity, with low rents. 6 Units for Sale, the property consists of 4 units in the front and 2 units in the rear. All units are 1 bed/ 1 bath with potential to add private patios to the down stairs units. There is onsite parking spaces for tenants and street parking. Each unit has its own water heater with separate gas and electric meters. Roof has been updated and some newer windows. Building has copper plumbing. Back building was built in 1948 and measure approx 984 sq ft, and Front building was built in 1961 and measures approx 2,438 sq ft. Located in the City of Los Angeles part of the Country Club Park Neighborhood. The property is located between Pico Blvd and Olympic Blvd. Minutes from the 10 fwy and South West from Koreatown. Property is subject to Rent Control. Do not walk on property or disturb tenants. Contact agent for marketing summary.
Co-Listed By
Abel Bratton
Onyx Realty & Finc. Serv., Inc License #01991349
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,072
Year Built
- Built in 1948
Lot Details
- 7,364 Sq Ft Lot
- Two or More Common Walls
- Rectangular Lot
Home Design
- 3,422 Sq Ft Home
- Property Attached
- Fixer Upper
- Composition Roof
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
- Parking Available
Outdoor Features
- Exterior Lighting
Utilities
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 44
- Tax Tract Number 2129
- Assessor Parcel Number 5081001018
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 6 Units
Building Details
- Rent Control
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 2 Separate Water Meters
- Gardener Expense $1,200
- Insurance Expense $1,500
- Maintenance Expense $3,600
- Other Expense $240
- Professional Management Expense $2,220
- Water Sewer Expense $6,000
- New Taxes Expense $16,510
- Operating Expense $31,270
- Gross Income $44,400
- Net Operating Income $13,130
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 23, 2019
Sold by
Holeman Estella L and The Robert L Holeman Revocable
Bought by
Alzac Partners Llc
Current Estimated Value
Purchase Details
Closed on
Dec 20, 2006
Sold by
Holeman Robert L
Bought by
Holeman Robert L and Robert L Holeman Revocable Tru
Purchase Details
Closed on
Sep 6, 2005
Sold by
Holeman Stella W
Bought by
Holeman Robert L
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alzac Partners Llc | $1,225,000 | Lawyers Title Insurance Comp | |
| Holeman Robert L | -- | None Available | |
| Holeman Robert L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Aizac Partners Llc | $750,000 | |
| Closed | Alzac Partners Llc | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/28/2019 03/28/19 | Sold | $1,225,000 | -5.8% | $358 / Sq Ft |
| 01/18/2019 01/18/19 | Pending | -- | -- | -- |
| 12/01/2018 12/01/18 | For Sale | $1,300,000 | -- | $380 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $17,072 | $1,366,506 | $887,950 | $478,556 |
| 2024 | $17,072 | $1,339,713 | $870,540 | $469,173 |
| 2023 | $16,757 | $1,313,445 | $853,471 | $459,974 |
| 2022 | $16,009 | $1,287,692 | $836,737 | $450,955 |
| 2021 | $15,808 | $1,262,444 | $820,331 | $442,113 |
| 2019 | $12,198 | $205,847 | $120,345 | $85,502 |
| 2018 | $3,306 | $201,825 | $117,986 | $83,839 |
| 2016 | $2,040 | $103,709 | $48,231 | $55,478 |
| 2015 | $2,021 | $102,152 | $47,507 | $54,645 |
| 2014 | $2,071 | $100,152 | $46,577 | $53,575 |
Source: Public Records
Agents Affiliated with this Home
-
Carlos Skubacz
-
A
Seller Co-Listing Agent in 2019
Abel Bratton
Onyx Realty & Finc. Serv., Inc
-
Josh Tomaszewski
J
Buyer's Agent in 2019
Josh Tomaszewski
JRM Properties
(323) 930-5679
7 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW18283863
APN: 5081-001-018
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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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