NOT LISTED FOR SALE

12624 Wilmington Ave Los Angeles, CA 90059

Willowbrook Neighborhood
22 Beds
13 Baths
12,122 Sq Ft
0.67 Acres

Last Sold October 01, 2020

Last sale price $2,425,000 $200 Per Sq Ft

12 Days on Market

Highlights

  • 0.67 Acre Lot
  • Property is near a park
  • Level Lot
  • Compton Early College Rated 10

About This Home

As of October 2020

A unique value add-opportunity featuring 2 separate parcels adjacent to each other, independent from each other and complementary on
their current set up and use. Building 12624 S. Wilmington Ave. Features 5 spacious units 3 Bedrooms and 2 Bathrooms each, with an
average of 1,254 square feet. Most units feature upgrades to bathrooms, kitchen, and floor coverings. Building 12700 S. Wilmington Ave.
Features 8 units 2 Bedrooms and 1 Bathroom each with an average of 731 square feet. Most units feature upgrades to kitchen, bathroom
and floor coverings. The current parking arrangements include 1 parking space for each 2 bedroom unit and 2 parking spaces for each 3
bedroom unit. The parcel to the south features an extra-large lot which is currently used to provide additional parking spaces for current
tenants on a need basis and it is offered at an additional monthly fee per space. This offering includes both parcels and all information
including financials encompasses the offering as a whole.

Last Agent to Sell the Property

Fernando Moreno

Century 21 A Better Service License #01086376 Listed on: 08/28/2020

Century 21 A Better Service

Last Buyer's Agent

Ian Hollinger

BRC Advisors- BH License #01889125

BRC Advisors- BH

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1992

Lot Details

  • 0.67 Acre Lot
  • No Common Walls
  • Level Lot
  • 6152-004-019

Home Design

  • 12,122 Sq Ft Home

Bedrooms and Bathrooms

  • 22 Bedrooms
  • 13 Bathrooms

Location

  • Property is near a park
  • Property is near public transit
  • Urban Location

Listing and Financial Details

  • Tax Lot 92
  • Assessor Parcel Number 6152001004

Community Details

Overview

  • 2 Buildings
  • 13 Units

Building Details

  • Rent Control
  • 14 Separate Electric Meters
  • 14 Separate Gas Meters
  • 2 Separate Water Meters
  • Operating Expense $69,963
  • Gross Income $205,855
  • Net Operating Income $135,892

Property Details

Home Type

Multi-Family

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: LCR3*
  • Property Type: Residential Income
  • Parcel Number: 6152001004
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 200.05

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 6152-004-019
  • Land Lease: No
  • Lot Features: Level with Street, Lot 10000-19999 Sqft, Lot 20000-39999 Sqft, Level, Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 29359.00
  • Lot Size Acres: 0.6740

Multi Family

  • Gross Income: 205855.00
  • Gross Scheduled Income: 205855.00
  • Lot Size Area: 29359.0000 Square Feet
  • Net Operating Income: 135892.00
  • Number Of Separate Electric Meters: 14
  • Number Of Separate Gas Meters: 14
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 13
  • Operating Expense: 69963.00
  • Rent Control: Yes
  • Total Expenses: 69963.00

Tax Info

  • Tax Census Tract: 5407.00
  • Tax Lot: 92

Range of Values:

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Average Value
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List Price
Sold Price
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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
10/01/2020 10/01/20 Sold $2,425,000 +15.5% $200 / Sq Ft
08/28/2020 08/28/20 For Sale $2,100,000 -- $173 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Fernando Moreno

    Seller's Agent in 2020

    Fernando Moreno

    Century 21 A Better Service

    (562) 822-6116

    2 in this area

    31 Total Sales

    Section Image
  • Ian Hollinger

    Buyer's Agent in 2020

    Ian Hollinger

    BRC Advisors- BH

    (213) 226-8700

    1 in this area

    17 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20177718

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Los Angeles 90059 Willowbrook

12624 Wilmington Ave, Los Angeles, CA

This home is located at 12624 Wilmington Ave, Los Angeles, CA 90059 since 28 August 2020. This property was built in 1992. 12624 Wilmington Ave is a home located in Los Angeles County with nearby schools including Martin Luther King Elementary School, Compton Early College, and Bunche Middle 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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