NOT LISTED FOR SALE

1245 W 99th St Los Angeles, CA 90044

Westmont Neighborhood
3 Beds
2 Baths
9,274 Sq Ft
0.29 Acres

Last Sold May 12, 2015

Last sale price $1,820,000 $196 Per Sq Ft

Highlights

  • 0.29 Acre Lot
  • Triple Pane Windows
  • Tile Flooring
  • No HOA
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of May 2015

Property is located in County Area, not subject to rent control. The 14 unit complex was comprised of 9-1bed/1bath units, and 5-2bed/1bath units. Parking for tenants located at front and rear of property. The property just completed the sound proofing program from the LAWA. Property featured new air-conditioning units, heaters, LED interior lights. Newer door, New vinyl windows, new electrical panels for all units and house meters. Address includes 1245 & 1247 W 99th St, LA, APN 6056-017-040 & 6056-017-039 included in sale.

Last Agent to Sell the Property

Carlos Skubacz

RE/MAX 2000 License #01474295 Listed on: 05/12/2015

RE/MAX 2000

Last Buyer's Agent

Carlos Skubacz

RE/MAX 2000 License #01474295 Listed on: 05/12/2015

RE/MAX 2000

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963 | Remodeled

Lot Details

  • 0.29 Acre Lot
  • Two or More Common Walls

Parking

  • 15 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached
  • Slab Foundation

Interior Spaces

  • 9,274 Sq Ft Home
  • 2-Story Property
  • Triple Pane Windows
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 167
  • Tax Tract Number 6002
  • Assessor Parcel Number 6056017040

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 14 Units

Amenities

  • Laundry Facilities

Building Details

  • 14 Leased Units
  • 16 Separate Electric Meters
  • 14 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $13,669
  • Net Operating Income $114,820

Property Details

Home Type

Multi-Family

Year Built

Built in 1963 | Remodeled

Lot Details

0

Parking

15

Listing Details

  • Assessments: Yes
  • CapRate: 6.30
  • Price Per Unit: 130000
  • Property Attached: Yes
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 6056017040
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Carpet, Tile, Vinyl
  • Levels: Two
  • Price Per Square Foot: 196.25
  • Window Features: Triple Pane Windows

Exterior Features

  • Foundation: Slab
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 15.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 22.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 12518.00
  • Lot Size Acres: 0.2870

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 13669.00
  • Gross Multiplier: 11.09
  • Gross Scheduled Income: 164028.00
  • Lot Size Area: 12518.0000 Square Feet
  • Net Operating Income: 114820.00
  • Number Of Separate Electric Meters: 16
  • Number Of Separate Gas Meters: 14
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 14
  • Number Of Units Total: 14
  • Operating Expense: 49208.00
  • Rent Control: No
  • Total Actual Rent: 13669.00

Tax Info

  • Tax Lot: 167
  • Tax Tract Number: 6002
  • Tax Year: 2014

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
05/12/2015 05/12/15 Sold $1,820,000 0.0% $196 / Sq Ft
05/12/2015 05/12/15 Pending -- -- --
05/12/2015 05/12/15 For Sale $1,820,000 -- $196 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Carlos Skubacz

    Seller's Agent in 2015

    Carlos Skubacz

    RE/MAX

    (714) 290-0936

    23 Total Sales

    Carlos Skubacz
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15101760

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Los Angeles 90044 Westmont

1245 W 99th St, Los Angeles, CA

This home is located at 1245 W 99th St, Los Angeles, CA 90044 since 12 May 2015. This property was built in 1963. 1245 W 99th St is a home located in Los Angeles County with nearby schools including Ninety-Fifth Street Elementary School, Bret Harte Preparatory Middle School, and George Washington Preparatory High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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