NOT LISTED FOR SALE
6 Beds
6 Baths
3,272 Sq Ft
6,098 Sq Ft Lot

Sale Details

Date Sold: June 24, 2024

Last sale price $1,445,000 $442 Per Sq Ft

32 Days on Market

About This Home

As of June 2024

A must see investment property located in Wilshire Square neighborhood. This multi unit fourplex offers two - 2bd/1bth and two - 1bd/1bth with each unit having it's own car garage and common laundry room. Each unit is very specious and two units have long term tenancy with a large upside to increase rental income. Each unit is separately metered for gas and electricity. Two units offer tile flooring throughout while the other two have laminate and carpet. A must see!

Last Agent to Sell the Property

david cruz

Dream Life Realty Brokerage Phone: 9494079841 License #01874291 Listed on: 04/12/2024

Co-Listed By

Agustin De La Torre

Agustin De La Torre, Broker Brokerage Phone: 9494079841 License #01883772

Last Buyer's Agent

Amin Vali

Together Realty License #02104474

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 6,098 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Shingle Roof

Interior Spaces

  • 3,272 Sq Ft Home
  • 2-Story Property
  • Laundry Located Outside

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 26
  • Tax Tract Number 1265
  • Assessor Parcel Number 01317402
  • $1,035 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $540
  • Gardener Expense $960
  • Insurance Expense $1,500
  • Trash Expense $2,028
  • Water Sewer Expense $6,000
  • Operating Expense $11,578
  • Gross Income $600
  • Net Operating Income $89,608

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

6,098 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 6000.00
  • Zoning: R-2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 01317402
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 441.63

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Common Area, Outside
  • Sewer: Public Sewer
  • Trash Expense: 2028.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400
  • Latitude Manual: 33.72866900

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 540.00
  • Gross Income: 600.00
  • Gross Operating Income: 600.00
  • Gross Scheduled Income: 100036.00
  • Insurance Expense: 1500.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 600.00
  • Lot Size Area: 6098.0000 Square Feet
  • Net Operating Income: 89608.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 11578.00
  • Rent Control: No
  • Total Actual Rent: 8336.36
  • Total Expenses: 11578.00

Tax Info

  • Tax Census Tract: 746.01
  • Tax Lot: 26
  • Tax Tract Number: 1265
  • TaxOtherAnnualAssessmentAmount: 1035.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 Prior Sale
06/24/2024 06/24/24 Sold $1,445,000 -2.0% $442 / Sq Ft
05/14/2024 05/14/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $1,475,000 +168.2% $451 / Sq Ft
10/30/2012 10/30/12 Sold $550,000 0.0% $168 / Sq Ft View Prior Sale
09/27/2012 09/27/12 Pending -- -- --
09/25/2012 09/25/12 For Sale $550,000 -- $168 / 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 $8,461 $1,473,900 $1,322,595 $151,305
2024 $8,461 $663,999 $543,275 $120,724
2023 $8,248 $650,980 $532,623 $118,357
2022 $8,153 $638,216 $522,179 $116,037
2021 $7,967 $625,702 $511,940 $113,762
2020 $7,978 $619,287 $506,691 $112,596
2019 $7,830 $607,145 $496,756 $110,389
2018 $7,542 $595,241 $487,016 $108,225
2017 $7,478 $583,570 $477,467 $106,103
2016 $7,333 $572,128 $468,105 $104,023
2015 $7,240 $563,535 $461,074 $102,461
2014 $7,114 $552,497 $452,043 $100,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24072696

California Regional Multiple Listing Service (CRMLS)

APN: 013-174-02

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