NOT LISTED FOR SALE

Estimated Value: $898,000 - $1,686,000

6 Beds
6 Baths
4,194 Sq Ft
$307/Sq Ft Est. Value

Last Sold October 28, 2013

Last sale price $640,000 $153 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $6,483/month

197 Days on Market

About This Home

As of October 2013

Great Investment property for an investor or 1031 Exchange, centrally located, approximately 1/2 mile to USC campus, 6 separate units on two adjoining lots; APN #5036-004-006 and 007, Six units have been updated with new piping, electrical and water heaters, separately metered for gas and electric. Located in a high demand area, close to light rail and transportation. Please do not disturb tenants. Seller is motivated and will review all offers. Seller will not pay for termite or retrofitting.

Last Agent to Sell the Property

Herbert McGurk

Coldwell Banker Realty License #01361267 Listed on: 03/13/2013

Coldwell Banker Realty

Last Buyer's Agent

Herbert McGurk

Coldwell Banker Realty License #01361267 Listed on: 03/13/2013

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,013

Year Built

  • Built in 1922

Lot Details

  • 10,504

Interior Spaces

  • 4,194 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Parking

  • 6 Parking Spaces
  • Uncovered Parking

Additional Features

  • 10,504 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 6 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 5036-004-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,013

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4194
  • Stories: 1
  • Year Built: 1922
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 6.00
  • Den: 0
  • Price Per S Q F T: 166.67

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 6

Utilities

  • Heating: Wall Gas
  • Water Expense: 3500.00

Fee Information

  • Insurance Expense: 2200.00
  • Management Expense: 2400.00
  • Trash Expense: 700.00

Lot Info

  • Assessed Improvement Value: 40800
  • Assessed Land Value: 204000
  • Assessor Parcel Number: 5036-004-007
  • Geocode Override: No
  • Lot Size Area: 10504

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 9.57
  • Number Of Units: 6
  • Rent Control: 100
  • Total Annual Expense: 18562
  • Type Of Units: Detached
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 8388.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2013
Closed on
Oct 4, 2013
Sold by
Noam Tomer Shir Living Trust
Bought by
Bslc Llc
Seller's Agent
Herbert McGurk
Coldwell Banker Realty
Buyer's Agent
Herbert McGurk
Coldwell Banker Realty
List Price
$699,000
Sold Price
$640,000
Premium/Discount to List
-$59,000
-8.44%
Current Estimated Value
$1,107,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$467,667
Avg. Annual Appreciation
6.10%

Purchase Details

Closed on
Jul 14, 2009
Sold by
Gabay Eli and Gabay Liat
Bought by
Noam Tomer Shir Living Trust

Purchase Details

Closed on
Sep 11, 1997
Sold by
Thompson Preston T and Thompson Rosa Lee
Bought by
Thompson Preston Tanner and Thompson Rosa Lee
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bslc Llc $640,000 Lawyers Title Company
Noam Tomer Shir Living Trust -- None Available
Thompson Preston Tanner -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bslc Llc $462,000
Previous Owner Thompson Mclaurin Gloria J $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2013 10/28/13 Sold $640,000 -8.4% $153 / Sq Ft
09/26/2013 09/26/13 Pending -- -- --
03/13/2013 03/13/13 For Sale $699,000 -- $167 / Sq Ft
Source: The MLS

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
2025 $5,013 $392,263 $245,166 $147,097
2024 $5,013 $384,572 $240,359 $144,213
2023 $4,925 $377,033 $235,647 $141,386
2022 $4,709 $369,641 $231,027 $138,614
2021 $4,641 $362,395 $226,498 $135,897
2020 $4,684 $358,680 $224,176 $134,504
2019 $4,509 $351,648 $219,781 $131,867
2018 $4,411 $344,754 $215,472 $129,282
2016 $4,206 $331,369 $207,106 $124,263
2015 $4,147 $326,393 $203,996 $122,397
2014 $4,181 $320,000 $200,000 $120,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-657655

The MLS

APN: 5036-004-007