NOT LISTED FOR SALE
8 Beds
4 Baths
2,529 Sq Ft
6,251 Sq Ft Lot

Last Sold January 04, 2019

Last sale price $562,500 $222 Per Sq Ft

9 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

As of January 2019

Downtown Area Duplex. Each of the units is 4 bedrooms and 2 bathrooms. Units were fully upgraded inside and out, top to bottom in 2012 including new windows, roof, electrical, plumbing, floors, wall heaters, bathrooms, interior doors and much more. The units are located in the DTLA area and close to LA Memorial Coliseum, LA FC Stadium and Staples Center. It's also walking distance to the Metro Line that connects DTLA to all parts of LA, LAX, USC, Exposition Park and several other popular LA destinations. Call today to see this property!

Last Agent to Sell the Property

Ty Youngblood

Keller Williams Realty License #01381038 Listed on: 12/03/2018

Keller Williams Realty

Last Buyer's Agent

Mark Radd

Power Brokers License #01970169

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 6,251 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Home Design

  • Property Attached

Interior Spaces

  • 2,529 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, gas, telephone, trash collection, water
  • Tax Lot 30
  • Tax Tract Number 6658
  • Assessor Parcel Number 5118014011

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $750
  • Trash Expense $380
  • Water Sewer Expense $300
  • New Taxes Expense $5,700
  • Operating Expense $7,130
  • Gross Income $36,000
  • Net Operating Income $28,870

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Other Phone Description: Agent Cell
  • Other Phone Number: 9517511994
  • Property Attached: Yes
  • Water Sewer Expenses: 300.00
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 5118014011
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 222.42

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, In Closet, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 380.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6251.00
  • Lot Size Acres: 0.1435

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Telephone, Trash Collection, Water

Multi Family

  • Gross Income: 36000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 750.00
  • Lot Size Area: 6251.0000 Square Feet
  • Net Operating Income: 28870.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 55.00
  • Rent Control: Yes
  • Total Actual Rent: 36000.00
  • Total Expenses: 7130.00

Tax Info

  • New Taxes Expense: 5700.00
  • Tax Census Tract: 2270.20
  • Tax Lot: 30
  • Tax Tract Number: 6658

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 List to Sale Price per Sq Ft
01/06/2019 01/06/19 Price Changed $562,500 0.0% $222 / Sq Ft
01/04/2019 01/04/19 Sold $562,500 -6.1% $222 / Sq Ft
12/19/2018 12/19/18 Price Changed $599,000 +4.2% $237 / Sq Ft
12/03/2018 12/03/18 For Sale $575,000 -- $227 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG18284593

California Regional Multiple Listing Service (CRMLS)

APN: 5118-014-011