NOT LISTED FOR SALE

1316 E 22nd St Los Angeles, CA 90011

Central Alameda Neighborhood
3 Beds
2 Baths
7,704 Sq Ft
0.26 Acres

Last Sold December 11, 2020

Last sale price $1,500,000 $195 Per Sq Ft

About This Home

As of December 2020

Excellent opportunity 12 units. Add- on value.

Last Agent to Sell the Property

Silvia Vich

NEW HAVEN INVESTMENTS INC License #01959341 Listed on: 07/26/2020

Last Buyer's Agent

Silvia Vich

NEW HAVEN INVESTMENTS INC License #01959341 Listed on: 07/26/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 0.26 Acre Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached

Interior Spaces

  • 7,704 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces

Location

  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 11 / 5
  • Assessor Parcel Number 5119005013

Community Details

Overview

  • 2 Buildings
  • 12 Units

Building Details

  • Rent Control
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $5,000
  • Insurance Expense $5,000
  • Pest Control $1,200
  • Professional Management Expense $6,000
  • Trash Expense $5,000
  • Water Sewer Expense $10,000
  • New Taxes Expense $18,750
  • Operating Expense $61,000
  • Gross Income $109,900
  • Net Operating Income $45,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Professional Management Expense: 6000.00
  • Property Attached: Yes
  • Water Sewer Expenses: 10000.00
  • Zoning: LAR4
  • Property Type: Residential Income
  • Parcel Number: 5119005013
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 194.70

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 12.00

Utilities

  • Laundry: No
  • Pest Control Expense: 1200.00
  • Sewer: Public Sewer
  • Trash Expense: 5000.00
  • 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
  • Lot Size Sq Ft: 11522.00
  • Lot Size Acres: 0.2645

Multi Family

  • Electric Expense: 5000.00
  • Gross Income: 109900.00
  • Gross Operating Income: 106600.00
  • Gross Scheduled Income: 109900.00
  • Insurance Expense: 5000.00
  • Lot Size Area: 11522.0000 Square Feet
  • Net Operating Income: 45600.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 12
  • Operating Expense: 61000.00
  • Rent Control: Yes
  • Total Expenses: 61000.00
  • Vacancy Allowance: 3300
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 18750.00
  • Tax Block: 5
  • Tax Census Tract: 2270.10
  • Tax Lot: 11

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
12/11/2020 12/11/20 Sold $1,500,000 0.0% $195 / Sq Ft
07/26/2020 07/26/20 Pending -- -- --
07/26/2020 07/26/20 For Sale $1,500,000 -- $195 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Silvia Vich

    NEW HAVEN INVESTMENTS INC

    (626) 332-9429

    1 in this area

    11 Total Sales

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20148679

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Los Angeles 90011 Central Alameda

1316 E 22nd St, Los Angeles, CA

This home is located at 1316 E 22nd St, Los Angeles, CA 90011 since 26 July 2020. This property was built in 1905. 1316 E 22nd St is a home located in Los Angeles County with nearby schools including Twentieth Street Elementary School, Santee Education Complex, and Thomas Jefferson Senior 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

Nearby Homes