NOT LISTED FOR SALE
10 Beds
5 Baths
2,746 Sq Ft
5,663 Sq Ft

Last Sold March 20, 2015

Last sale price $670,000 $244 Per Sq Ft

4 Days on Market

Highlights

  • Cooling System Powered By Gas
  • Carpet
  • Wall Furnace

About This Home

As of March 2015

Great investment opportunity! Take advantage of this five unit in Los Angeles. Newly renovated inside and out. New paint and carpet inside. New paint and landscaping on the exterior of the building. Building is fully rented out so no need to look for new tenants. Gated property with parking spaces for each unit. Close to freeways, transportation and shopping. Don't miss out on this cash cow!

Last Agent to Sell the Property

Sunil Mehta

Laurus Realty License #01485497 Listed on: 01/26/2015

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 5,678 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 5 Parking Spaces

Home Design

  • 2,746 Sq Ft Home
  • Property Attached

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Utilities

  • Cooling System Powered By Gas
  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 6
  • Assessor Parcel Number 5119026011

Community Details

Overview

  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $355
  • Gardener Expense $600
  • Maintenance Expense $1,200
  • Pest Control $250
  • Professional Management Expense $1,800
  • Water Sewer Expense $1,278
  • New Taxes Expense $2,640
  • Gross Income $5,330
  • Net Operating Income $55,837

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

5,678 Sq Ft Lot

Listing Details

  • Professional Management Expense: 1800.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1278.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 5119026011
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Price Per Square Foot: 243.99

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Connected
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Pest Control Expense: 250.00
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5678.00
  • Lot Size Acres: 0.1300

Multi Family

  • Electric Expense: 355.00
  • Gross Income: 5330.00
  • Gross Scheduled Income: 63960.00
  • Lot Size Area: 5678.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 55837.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 8123.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2640.00
  • Tax Lot: 20
  • Tax Tract Number: 6
  • Tax Year: 2014
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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
03/20/2015 03/20/15 Sold $670,000 -10.7% $244 / Sq Ft
01/30/2015 01/30/15 Pending -- -- --
01/26/2015 01/26/15 For Sale $749,900 -- $273 / 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 $10,399 $805,228 $426,651 $378,577
2024 $10,399 $789,440 $418,286 $371,154
2023 $10,211 $773,962 $410,085 $363,877
2022 $9,764 $758,788 $402,045 $356,743
2021 $9,636 $743,911 $394,162 $349,749
2019 $9,365 $721,848 $382,472 $339,376
2018 $9,244 $707,695 $374,973 $332,722
2016 $8,750 $680,216 $360,413 $319,803
2015 $4,552 $327,874 $174,183 $153,691
2014 $4,598 $321,452 $170,771 $150,681
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15017629

California Regional Multiple Listing Service (CRMLS)
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