NOT LISTED FOR SALE

Estimated Value: $756,000 - $815,000

5 Beds
5 Baths
2,272 Sq Ft
$349/Sq Ft Est. Value

Last Sold July 21, 2022

Last sale price $805,000 $354 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,870/month

12 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Cooling System Mounted To A Wall/Window
  • Rectangular Lot
  • No HOA

About This Home

As of July 2022

Once in a lifetime opportunity to own this 4-unit income property in Downtown LA/USC Area! The 2-story front house includes a 2 bedroom and 1 bathroom. Next to it is a one-story 1 bedroom +1 bath house. There are two additional units which are each 1 bedroom and 1 bathroom. Ample parking is available on site for 4 to 5 cars behind the unit. Each unit has a separate electric meter.

Last Agent to Sell the Property

Sommai May

GPC Realty Group License #01849176 Listed on: 05/12/2022

Last Buyer's Agent

Dennis Frias

GPC Realty Group License #01412005

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 6,230 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot
  • Density is 2-5 Units/Acre

Home Design

  • 2,272 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • 5 Full Bathrooms

Parking

  • Parking Available
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Legal Lot and Block 36 / C
  • Assessor Parcel Number 5120010012
  • $449 per year additional tax assessments

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

6,230 Sq Ft Lot

Listing Details

  • Structure Type: Quadruplex
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LARD1.5
  • Property Sub Type: Quadruplex
  • Property Type: Residential
  • Parcel Number: 5120010012
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2272.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 354.31
  • Room Type: All Bedrooms Down, All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Rectangular Lot
  • Lot Size Sq Ft: 6230.00
  • Lot Size Acres: 0.1430

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6230.0000 Square Feet
  • Number Of Units Total: 4

Tax Info

  • Tax Block: C
  • Tax Census Tract: 2311.00
  • Tax Lot: 36
  • Tax Tract Number: POTTER
  • TaxOtherAnnualAssessmentAmount: 449.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Jun 27, 2022
Sold by
Talley Family Trust
Bought by
Lahiji Alen and Lahiji Elham
Seller's Agent
Sommai May
GPC Realty Group
Buyer's Agent
Dennis Frias
GPC Realty Group
List Price
$780,000
Sold Price
$805,000
Premium/Discount to List
$25,000
3.21%
Current Estimated Value
$793,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,887
Avg. Annual Appreciation
-0.42%
Original Mortgage
$547,500
Outstanding Balance
$518,516
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$274,597

Purchase Details

Closed on
Oct 21, 2010
Sold by
Talley Odis W
Bought by
Talley Odis W and Talley Soithong P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lahiji Alen $730,000 Provident Title
Talley Odis W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lahiji Alen $547,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2022 07/21/22 Sold $805,000 +3.2% $354 / Sq Ft
07/18/2022 07/18/22 Price Changed $780,000 0.0% $343 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $780,000 -- $343 / 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 $9,405 $759,492 $520,200 $239,292
2024 $9,405 $744,600 $510,000 $234,600
2023 $9,228 $730,000 $500,000 $230,000
2022 $2,753 $196,266 $78,540 $117,726
2021 $2,710 $192,418 $77,000 $115,418
2020 $2,730 $190,446 $76,211 $114,235
2019 $2,637 $186,713 $74,717 $111,996
2018 $2,543 $183,052 $73,252 $109,800
2016 $2,413 $175,946 $70,408 $105,538
2015 $2,381 $173,304 $69,351 $103,953
2014 $2,416 $169,910 $67,993 $101,917
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22097382

California Regional Multiple Listing Service (CRMLS)

APN: 5120-010-012

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