NOT LISTED FOR SALE
11 Beds
9 Baths
6,454 Sq Ft
6,848 Sq Ft Lot

Last Sold March 25, 2020

Last sale price $2,170,000 $336 Per Sq Ft

167 Days on Market

About This Home

As of March 2020

Desirable investment opportunity for a two-story, stucco building with 8 units. Building has a good mix of units, ample parking and new laundry appliances. Each unit separately metered for gas and electricity. Its location is close to Downtown, Hollywood, West LA and Beverly Hills. Current owner successful with high occupancy. Property being sold "as is". This property won't last long! Buyers are encouraged to make best offer soon subject to interior inspection. NOTE: DRIVE BY ONLY! Please DO NOT DISTURB TENANTS. Seller reserves services. Camera system over the property.$40 extra income on Laundry. Tenants pay portion of the water bills.Priced to sell

Last Agent to Sell the Property

Shawn Mehrannia

Home Team Realty License #01874025 Listed on: 07/17/2019

Home Team Realty

Last Buyer's Agent

Shawn Mehrannia

Home Team Realty License #01874025 Listed on: 07/17/2019

Home Team Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 6,848

Home Design

  • 6,454 Sq Ft Home

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 9 Bathrooms

Parking

  • 8 Parking Spaces
  • Carport

Additional Features

  • 6,848 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 5070-018-026

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 6454
  • Probate: No
  • Year Built: 1965
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 11
  • Total Bathrooms: 9.00
  • Price Per S Q F T: 339.32

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 8

Utilities

  • Electric Expense: 1000.00
  • Heating: Wall Gas
  • Water Expense: 3550.00

Fee Information

  • Gas Expense: 960.00
  • Insurance Expense: 2210.00
  • Maintenance Expense: 2500.00
  • Trash Expense: 2472.00

Lot Info

  • Assessed Improvement Value: 512598
  • Assessed Land Value: 1035555
  • Assessor Parcel Number: 5070-018-026
  • Geocode Override: No
  • Lot Size Area: 6848

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 14163.00
  • Number Of Units: 8
  • Rent Control: 100%
  • Type Of Units: Apt

Tax Info

  • Tax Expense: 28620.00

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2020 03/25/20 Sold $2,170,000 -0.9% $336 / Sq Ft
12/31/2019 12/31/19 Pending -- -- --
09/03/2019 09/03/19 Price Changed $2,190,000 -4.4% $339 / Sq Ft
07/17/2019 07/17/19 For Sale $2,290,000 +172.6% $355 / Sq Ft
10/17/2014 10/17/14 Sold $840,000 -47.1% $130 / Sq Ft View Prior Sale
09/10/2014 09/10/14 Pending -- -- --
08/21/2014 08/21/14 For Sale $1,588,888 -- $246 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-489928

The MLS