$1,965,000
SOLD JUL 6, 2018 RENTED JAN 5, 2025
8 Beds
6 Baths
6,006 Sq Ft
8,105 Sq Ft Lot

Recently Sold

$327 Per Sq Ft

2% Below List Price

20 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Forced Air Heating System
  • Granite Countertops
  • Landscaped
  • 6 Car Garage

About This Home

As of July 2018

Make it your own...immediately! This rare opportunity is situated in the heart of Mid-City Los Angeles, one of the hottest and most up-and-coming rental markets in the city. Spacious units averaging 1,000 SF each - all with dining rooms and hard wood flooring!

Last Agent to Sell the Property

Everett Wong

Greysteel California, Inc. License #01991247 Listed on: 04/20/2018

Last Buyer's Agent

Kay Park

Dream Realty & Investments Inc License #01268123

Dream Realty & Investments Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 8,105 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 6 Car Garage
  • Parking Available

Home Design

  • Flat Roof Shape

Interior Spaces

  • 6,006 Sq Ft Home
  • Dining Room with Fireplace
  • Wood Flooring
  • Granite Countertops

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Location

  • Urban Location

Utilities

  • Forced Air Heating System
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 73
  • Assessor Parcel Number 5081013004

Community Details

Overview

  • 6 Units

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • Gardener Expense $1,200
  • Insurance Expense $2,700
  • Maintenance Expense $3,000
  • Other Expense $600
  • Water Sewer Expense $4,027
  • New Taxes Expense $23,861
  • Operating Expense $35,388
  • Gross Income $167,640
  • Net Operating Income $127,223

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0

Parking

6

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 4027.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 5081013004
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Granite Counters
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: No
  • Fireplace Features: Dining Room
  • Levels: Two
  • Price Per Square Foot: 327.17

Exterior Features

  • Pool Private: No
  • Roof: Flat

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Forced Air
  • Laundry Features: Washer Hookup
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Landscaped
  • Lot Size Sq Ft: 8105.00

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 167640.00
  • Gross Scheduled Income: 167640.00
  • Insurance Expense: 2700.00
  • Maintenance Expense: 3000.00
  • Net Operating Income: 127223.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Units Total: 6
  • Operating Expense: 35388.00
  • Other Expense: 600.00
  • Rent Control: Yes
  • Total Expenses: 35388.00

Tax Info

  • New Taxes Expense: 23861.00
  • Tax Census Tract: 2129.00
  • Tax Lot: 73
  • Tax Tract Number: ROBERT

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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
01/05/2025 01/05/25 Rented $2,800 0.0% --
10/21/2024 10/21/24 For Rent $2,800 +12.0% --
06/03/2024 06/03/24 Rented $2,500 0.0% --
05/22/2024 05/22/24 For Rent $2,500 +35.1% --
10/12/2020 10/12/20 Rented $1,850 0.0% --
09/24/2020 09/24/20 For Rent $1,850 -22.9% --
03/10/2020 03/10/20 Rented $2,400 0.0% --
02/29/2020 02/29/20 For Rent $2,400 0.0% --
02/07/2019 02/07/19 Rented $2,400 0.0% --
01/11/2019 01/11/19 Price Changed $2,400 +6.7% $2 / Sq Ft
11/15/2018 11/15/18 For Rent $2,250 0.0% --
07/06/2018 07/06/18 Sold $1,965,000 -1.8% $327 / Sq Ft
04/20/2018 04/20/18 For Sale $2,000,000 +50.4% $333 / Sq Ft
01/18/2018 01/18/18 Sold $1,330,000 +2.3% $221 / Sq Ft
11/13/2017 11/13/17 Pending -- -- --
10/11/2017 10/11/17 For Sale $1,300,000 -- $216 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18099710

California Regional Multiple Listing Service (CRMLS)