NOT LISTED FOR SALE
3 Beds
2 Baths
20,058 Sq Ft
0.62 Acre Lot

Sale Details

Date Sold: March 28, 2013

Last sale price $3,000,000 $150 Per Sq Ft

19 Days on Market

About This Home

As of March 2013

Beautiful, relatively new complex located within close proximity to El Camino College, Otis College of Art and Design and CSUDH. Very close access to LAX and Marine/Redondo station. Very walkable to several local shopping centers. Amenities include elevator/handicap access, laundry, gated parking lot, hot/cold water and trash.

Last Agent to Sell the Property

Doug Rodermund

Morgan Skenderian License #01314304 Listed on: 11/30/2012

Co-Listed By

Jay Skenderian

Morgan Skenderian License #01220368

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 0.62

Home Design

  • 20,058 Sq Ft Home
  • Frame Construction
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • 27,069 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 4051023021

Community Details

Overview

  • 26 Units

Building Details

  • 27 Separate Electric Meters
  • 27 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $4,560
  • Maintenance Expense $21,760
  • Other Expense $500
  • Professional Management Expense $11,812
  • Trash Expense $8,958
  • Water Sewer Expense $8,959
  • New Taxes Expense $39,314
  • Gross Income $25,905
  • Net Operating Income $188,894

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0.62 Acres

Listing Details

  • Assessments: No
  • CapRate: 6.30
  • Professional Management Expense: 11812.00
  • View: No
  • Water Sewer Expenses: 8959.00
  • Property Type: Residential Income
  • Parcel Number: 4051023021
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 149.57

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Parking: No

Utilities

  • Heating: No
  • Laundry: No
  • Trash Expense: 8958.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 27069.00
  • Lot Size Acres: 0.6210

Multi Family

  • Gross Income: 25905.00
  • Gross Multiplier: 9.65
  • Gross Scheduled Income: 310860.00
  • Insurance Expense: 4560.00
  • Maintenance Expense: 21760.00
  • Net Operating Income: 188894.00
  • Number Of Separate Electric Meters: 27
  • Number Of Separate Gas Meters: 27
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 26
  • Operating Expense: 106423.00
  • Operating Expense Percent: 34.00
  • Other Expense: 500.00
  • Other Expense Description: Admin
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 39314.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2017
Sold by
Bought by

Purchase Details

Closed on
Sep 25, 2017
Sold by
Bought by

Purchase Details

Closed on
Jan 22, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,250,000
Interest Rate
3.49%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- None Available
$3,000,000 Ticor Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $2,250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/04/2026 01/04/26 Off Market $1,675 -- --
08/20/2025 08/20/25 For Rent $1,675 0.0% --
03/28/2013 03/28/13 Sold $3,000,000 0.0% $150 / Sq Ft
12/19/2012 12/19/12 Pending -- -- --
11/30/2012 11/30/12 For Sale $3,000,000 -- $150 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $53,228 $3,694,278 $1,847,139 $1,847,139
2024 $50,558 $3,621,842 $1,810,921 $1,810,921
2023 $48,779 $3,550,826 $1,775,413 $1,775,413
2022 $49,403 $3,481,202 $1,740,601 $1,740,601
2021 $48,760 $3,412,944 $1,706,472 $1,706,472
2019 $47,120 $3,333,166 $1,655,858 $1,677,308
2018 $45,277 $3,268,232 $1,623,391 $1,644,841
2017 $43,340 $3,183,120 $1,591,560 $1,591,560
2016 $43,076 $3,120,706 $1,560,353 $1,560,353
2015 $42,124 $3,073,832 $1,536,916 $1,536,916
2014 $41,733 $3,013,620 $1,506,810 $1,506,810
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P842313

California Regional Multiple Listing Service (CRMLS)
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