NOT LISTED FOR SALE
12 Beds
6 Baths
3,634 Sq Ft
6,225 Sq Ft Lot

Sale Details

Date Sold: September 22, 2021

Last sale price $1,150,000 $316 Per Sq Ft

111 Days on Market

About This Home

As of September 2021

This is a golden opportunity. Huge potential for equity and income growth. Centrally located in the heart of Los Angeles, a short walk from USC. Perfect for student housing. Great investment property - 6 units, each with 2 bedrooms and 1 bath. Convenient to public transportation. Near schools - John Adams Middle School and near colleges - USC and LA Trade Tech.

Last Agent to Sell the Property

Lucia Gonzales

HOMESMART, EVERGREEN REALTY License #01805412 Listed on: 03/13/2021

HOMESMART, EVERGREEN REALTY

Last Buyer's Agent

Carlos Estrada

Liberty Investment Group License #01413560

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 6,225 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 8 Car Garage

Home Design

  • 3,634 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Additional Features

  • Property is near public transit
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 12
  • Assessor Parcel Number 5128005005

Community Details

Overview

  • 6 Units

Building Details

  • 6 Leased Units
  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $500
  • Insurance Expense $1,900
  • Maintenance Expense $7,200
  • Pest Control $500
  • Water Sewer Expense $5,000
  • Gross Income $77,928

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

6,225 Sq Ft Lot

Parking

8

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 5000.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Gardener Expense: 500.00
  • Parcel Number: 5128005005
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 316.46

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: No
  • Pest Control Expense: 500.00
  • Sewer: Unknown
  • Water Source: Other, Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 6225.00
  • Lot Size Acres: 0.1429

Multi Family

  • Gross Operating Income: 77928.00
  • Gross Scheduled Income: 93600.00
  • Insurance Expense: 1900.00
  • Lot Size Area: 6225.0000 Square Feet
  • Maintenance Expense: 7200.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2246.00
  • Tax Lot: 12
  • Tax Tract Number: 12
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
09/22/2021 09/22/21 Sold $1,150,000 -8.0% $316 / Sq Ft
09/12/2021 09/12/21 For Sale $1,250,000 0.0% $344 / Sq Ft
07/07/2021 07/07/21 For Sale $1,250,000 0.0% $344 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
07/01/2021 07/01/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $1,250,000 0.0% $344 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
06/16/2021 06/16/21 Price Changed $1,250,000 -2.0% $344 / Sq Ft
05/31/2021 05/31/21 Price Changed $1,275,000 -1.9% $351 / Sq Ft
03/13/2021 03/13/21 For Sale $1,300,000 -- $358 / 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
2025 $15,598 $1,220,389 $689,785 $530,604
2024 $15,408 $1,196,460 $676,260 $520,200
2023 $15,123 $1,173,000 $663,000 $510,000
2022 $14,449 $1,150,000 $650,000 $500,000
2021 $9,190 $695,378 $238,229 $457,149
2019 $8,937 $674,755 $231,164 $443,591
2018 $8,800 $661,526 $226,632 $434,894
2016 $8,362 $635,840 $217,833 $418,007
2015 $8,249 $626,290 $214,561 $411,729
2014 $8,311 $614,023 $210,359 $403,664
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21053123

California Regional Multiple Listing Service (CRMLS)
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