M
Seller's Agent in 2019
Maki Saito
Person Realty Inc.
1345 Constance St Los Angeles, CA 90015
Pico-Union Neighborhood
11
Beds
8
Baths
5,572
Sq Ft
7,305
Sq Ft Lot
About This Home
As of February 2019Back on the market! A great investment opportunity! The property is currently fully occupied. This property is a multi-family home (8 units) that is 5,572 sqft which sits on a 7,306 sqft lot and features 10 bedrooms and 8 bathrooms and has 2 stories. This property was built in 1956. Nearby schools include Tenth Street Elementary School, Downtown Value School and Magnolia Avenue Elementary School.
The closest grocery stores are D & T Nuno Inc, Nuño's Market and Garibaldi Carniceria & Market. Nearby coffee shops include Pico Donuts, Yum Yum Donuts and McDonald's. Nearby restaurants include El Asador Restaurant, La 27th Restaurante Familiar Nicaraguense and Flor Blanca.
This property is near Terrace Park, Toberman Recreation Center and Pico Union Vest Pocket Park.
The property is known for Walkability and Excellent Transit as it is less than a mile from Pico Station (Blue, Expo Lines) and 10 min drive to Union Station Commuter Rail (Ventura County, Antelope Valley, San Bernardino, Riverside, Orange County, 91 Lines) and to Cal State LA Commuter Rail (San Bernardino Line) and 20 min drive to LAX.
Nearby neighborhood includes Hollywood, West Los Angeles, Mid-Wilshire, Westwood, Koreatown, Wilshire Montana, Hollywood Hills, Palms, Valley Glen - North Hollywood.
Last Agent to Sell the Property
Maki Saito
Person Realty Inc. License #02037657 Listed on: 07/23/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,000
Year Built
- Built in 1956
Lot Details
- 7,306 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Home Design
- 5,572 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 11 Bedrooms
- 8 Bathrooms
Parking
- 5 Parking Spaces
- 5 Carport Spaces
Additional Features
- Urban Location
- Septic Type Unknown
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, parking fee
- Tax Lot 19
- Tax Tract Number 2243
- Assessor Parcel Number 5135020015
Community Details
Overview
- 8 Units
Building Details
- 8 Leased Units
- Rent Control
- 8 Separate Electric Meters
- Electric Expense $250
- Gardener Expense $500
- Insurance Expense $2,500
- Maintenance Expense $6,000
- Professional Management Expense $1,200
- Trash Expense $250
- Water Sewer Expense $300
- New Taxes Expense $15,000
- Operating Expense $26,000
- Gross Income $65,088
- Net Operating Income $39,088
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
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/20/2019 02/20/19 | Sold | $1,142,500 | 0.0% | $205 / Sq Ft |
| 12/19/2018 12/19/18 | Off Market | $1,142,500 | -- | -- |
| 12/10/2018 12/10/18 | Price Changed | $1,275,000 | +2.0% | $229 / Sq Ft |
| 07/23/2018 07/23/18 | For Sale | $1,250,000 | -- | $224 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
| 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 | $16,162 | $1,274,476 | $1,020,697 | $253,779 |
| 2024 | $16,162 | $1,249,487 | $1,000,684 | $248,803 |
| 2023 | $15,868 | $1,224,988 | $981,063 | $243,925 |
| 2022 | $15,168 | $1,200,970 | $961,827 | $239,143 |
| 2021 | $14,962 | $1,177,422 | $942,968 | $234,454 |
| 2019 | $12,538 | $94,496 | $27,666 | $66,830 |
| 2018 | $2,081 | $92,649 | $27,124 | $65,525 |
| 2016 | $1,906 | $88,804 | $26,072 | $62,732 |
| 2015 | $1,890 | $87,471 | $25,681 | $61,790 |
| 2014 | $1,954 | $85,758 | $25,178 | $60,580 |
Source: Public Records
Agents Affiliated with this Home
-
-
Will James
Buyer's Agent in 2019
Will James
Lyon Stahl Investment Real Estate, Inc.
(310) 600-9858
1 in this area
31 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB18177247
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.
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
- 1340 Constance St
- 1350 S Burlington Ave
- 1415 S Union Ave
- 1425 S Bonnie Brae St
- 1437 S Bonnie Brae St
- 1833 W Pico Blvd
- 1242 S Bonnie Brae St
- 1627 S Burlington Ave
- 1238 S Bonnie Brae St
- 1419 Malvern Ave
- 1605 S Bonnie Brae St
- 1611 S Bonnie Brae St
- 1324 S Westlake Ave
- 1617 S Bonnie Brae St
- 1625 S Bonnie Brae St
- 1513 W 12th Place
- 1137 S Union Ave
- 1421 Courtland Ave
- 1123 W 18th St
- 1817 W 12th St
- 1345 Constance St Unit 1
- 1345 Constance St Unit 3
- 1345 Constance St Unit 4
- 1345 Constance St Unit 8
- 1345 Constance St Unit 6
- 1345 Constance St Unit 5
- 1341 Constance St
- 1349 Constance St
- 1337 Constance St
- 1337 Constance Unit #5 St
- 1357 14th st W Constance St Unit 1711
- 1357 Constance St
- 1711 14th st W Constance St
- 1340 S Burlington Ave
- 1336 Constance St
- 1346 Constance St
- 1360 S Burlington Ave
- 1354 Constance St
- 1350 Constance St
- 1401 Constance St
Your Personal Tour Guide
Ask me questions while you tour the home.