NOT LISTED FOR SALE
21 Beds
4 Baths
7,856 Sq Ft
8,623 Sq Ft Lot

Sale Details

Date Sold: June 4, 2015

Last sale price $1,080,000 $137 Per Sq Ft

66 Days on Market

About This Home

As of June 2015

This 7 unit property consists of all 3 bedroom/1.5 bathroom units and is subject to LA City Rent Control. Currently 4 of the 7 units are rented to Section 8 and rents range from $960 to $1,585 per month. There is tremendous rental upside on this property of over 20% with the opportunity to bring the property to a 7.6% CAP at market and under 9x GRM. The current owner has recently spent over $40K improving the property including a complete remodel of Units 3 & 5.Located on the border of Gardena and City of LA. It's a Gardena Zip Code BUT Building is in the City of LA and IS SUBJECT TO RENT CONTROL. Email Seller's Agent for a complete setup including Rent Roll and Expenses.

Last Agent to Sell the Property

Jon Swire

The Agency License #01336277 Listed on: 02/23/2015

The Agency

Last Buyer's Agent

Woody Stahl

Lyon Stahl Investment Real Est License #01399621

Lyon Stahl Investment Real Est

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 8,623

Interior Spaces

  • 7,856 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 21 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Carport

Additional Features

  • 8,623 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 6117-027-006

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

8,623 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: No
  • Living Area: 7856
  • Stories: 2
  • Year Built: 1962
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 21
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 146.26

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 8

Utilities

  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 117285
  • Assessed Land Value: 185797
  • Assessor Parcel Number: 6117-027-006
  • Geocode Override: No
  • Lot Size Area: 8623

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 11.20
  • Number Of Units: 7
  • Rent Control: 100
  • Type Of Units: Income
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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 Prior Sale
06/04/2015 06/04/15 Sold $1,080,000 -6.0% $137 / Sq Ft
04/30/2015 04/30/15 Pending -- -- --
02/23/2015 02/23/15 For Sale $1,149,000 +20.9% $146 / Sq Ft
04/19/2014 04/19/14 Sold $950,000 -2.6% $121 / Sq Ft View Prior Sale
01/28/2014 01/28/14 Pending -- -- --
12/05/2013 12/05/13 For Sale $975,000 -- $124 / Sq Ft
Source: The MLS

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 $17,487 $1,275,156 $480,737 $794,419
2024 $17,199 $1,250,154 $471,311 $778,843
2023 $16,885 $1,225,642 $462,070 $763,572
2022 $16,160 $1,201,610 $453,010 $748,600
2021 $15,923 $1,178,050 $444,128 $733,922
2019 $15,476 $1,143,110 $430,956 $712,154
2018 $15,291 $1,120,697 $422,506 $698,191
2016 $14,526 $1,077,180 $406,100 $671,080
2015 $13,217 $968,981 $509,990 $458,991
2014 -- $303,082 $185,797 $117,285
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-886617

The MLS
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