NOT LISTED FOR SALE

Estimated Value: $711,000 - $961,000

8 Beds
4 Baths
2,546 Sq Ft
$326/Sq Ft Est. Value

Last Sold December 21, 2022

Last sale price $740,000 $291 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,435/month

87 Days on Market

Highlights

  • Fireplace
  • Laundry Room
  • Wall Furnace

About This Home

As of December 2022

*****PRICED REDUCED*****A GREAT OPPORTUNITY TO PURCHASE A 4 UNIT BUILDING WITH A TOTAL OF 2546 SQUARE FEET WITH SIX PARKING SPACES*** CLOSE TO LAX ,SOFI STADIUM ,FREEWAYS 105 AND 110****IT HAS A FRONT UNIT WITH 2 BEDROOMS AND ONE BATH AND A FRONT PATIO, 2 STORY BLDG IN THE BACK 2 UNITS UPSTAIRS AND ONE UNIT DOWNSTAIRS*** EACH UNIT HAS 2 BEDROOMS AND ONE BATH...

Last Agent to Sell the Property

Francis Vinuya

RE/MAX OLYMPIC License #01022192 Listed on: 08/12/2022

RE/MAX OLYMPIC

Last Buyer's Agent

Ramsey Karame

NextGen Realty Group License #01812848

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,054

Year Built

  • Built in 1962

Lot Details

  • 5,803 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre
  • Land Lease

Home Design

  • Quadruplex

Interior Spaces

  • 2,546 Sq Ft Home
  • Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Location

  • Suburban Location

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities, electricity, gas
  • Tax Lot 90
  • Tax Tract Number 3287
  • Assessor Parcel Number 6083026022
  • $951 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $1,100
  • Water Sewer Expense $3,396
  • Operating Expense $5,300
  • Gross Income $59,028
  • Net Operating Income $54,532

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,054

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Price Per Unit: 192250
  • Property Attached: Yes
  • Water Sewer Expenses: 3396.00
  • Zoning: LAR3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6083026022
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 290.65

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5803.00
  • Lot Size Acres: 0.1332

Rental Info

  • Tenant Pays: All Utilities, Electricity, Gas

Multi Family

  • Gross Income: 59028.00
  • Gross Scheduled Income: 59028.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 5803.0000 Square Feet
  • Net Operating Income: 54532.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 4496.00
  • Rent Control: Yes
  • Total Expenses: 5300.00
  • Vacancy Allowance: 5

Tax Info

  • Tax Census Tract: 2414.00
  • Tax Lot: 90
  • Tax Tract Number: 3287
  • TaxOtherAnnualAssessmentAmount: 951.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2022
Closed on
Jan 30, 2023
Sold by
Karame Ramsey
Bought by
139 Los Angeles Llc
Seller's Agent
Francis Vinuya
RE/MAX OLYMPIC
Buyer's Agent
Ramsey Karame
NextGen Realty Group
List Price
$829,500
Sold Price
$740,000
Premium/Discount to List
-$89,500
-10.79%
Views
84
Current Estimated Value
$830,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,789
Avg. Annual Appreciation
4.78%

Purchase Details

Listed on
Aug 12, 2022
Closed on
Nov 8, 2022
Sold by
Kamatoy Alejandro V and Kamatoy Karen Ramirez
Bought by
Karame Ramsey
Seller's Agent
Francis Vinuya
RE/MAX OLYMPIC
Buyer's Agent
Ramsey Karame
NextGen Realty Group
List Price
$829,500
Sold Price
$740,000
Premium/Discount to List
-$89,500
-10.79%
Views
84

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2010
Sold by
Kamatoy Alejandro V
Bought by
Kamatoy Alejandro V and Kamatoy Karen Ramirez

Purchase Details

Closed on
Feb 23, 2007
Sold by
Kamatoy Alejandro V and Ramirez Karen
Bought by
Kamatoy Alejandro V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2002
Sold by
Friday Lewis Vordie and Estate Of Jesse Lewis Iii
Bought by
Kamatoy Alejandro V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,800
Interest Rate
6.06%
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
139 Los Angeles Llc -- --
Karame Ramsey $740,000 --
Kamatoy Alejandro V -- None Available
Kamatoy Alejandro V -- Landsafe Title
Kamatoy Alejandro V $241,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Karame Ramsey $555,000
Previous Owner Kamatoy Alejandro V $420,000
Previous Owner Kamatoy Alejandro $280,000
Previous Owner Kamatoy Alejandro $250,000
Previous Owner Kamatoy Alejandro $250,000
Previous Owner Kamatoy Alejandro V $192,800
Closed Kamatoy Alejandro V $24,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2022 12/21/22 Sold $740,000 -3.8% $291 / Sq Ft
11/07/2022 11/07/22 Pending -- -- --
10/03/2022 10/03/22 Price Changed $769,000 -2.5% $302 / Sq Ft
09/15/2022 09/15/22 Price Changed $789,000 -4.9% $310 / Sq Ft
08/12/2022 08/12/22 For Sale $829,500 -- $326 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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
2024 $10,054 $754,800 $561,000 $193,800
2023 $9,867 $740,000 $550,000 $190,000
2022 $4,811 $328,898 $136,469 $192,429
2021 $4,740 $322,450 $133,794 $188,656
2020 $4,777 $319,145 $132,423 $186,722
2019 $4,609 $312,888 $129,827 $183,061
2018 $4,518 $306,754 $127,282 $179,472
2016 $4,297 $294,844 $122,341 $172,503
2015 $4,233 $290,416 $120,504 $169,912
2014 $4,259 $284,728 $118,144 $166,584
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22178740

California Regional Multiple Listing Service (CRMLS)

APN: 6083-026-022