NOT LISTED FOR SALE

Estimated Value: $904,000 - $1,157,000

9 Beds
5 Baths
3,540 Sq Ft
$306/Sq Ft Est. Value

Last Sold December 31, 2020

Last sale price $945,000 $267 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,948/month

20 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Wall Furnace

About This Home

As of December 2020

LOCATION! LOCATION! AND CASH FLOW!!! Front unit is VACANT 3 bedroom/ 2 bathroom. The property consist of 4 units all attached. 3 units will be delivered occupied (Great tenants!). Rear units feature 2 bedrooms and 1 bathroom. Plenty of parking, coin operated washer and dryer. Centrally located to schools, public transit, 110 and the 105 freeway. Less than 3 miles from Hollywood Park. Minutes away from downtown Los Angeles, USC Village and much more. Definitely a great hold for any investor or developer. Do not disturb tenants. Great investment and cash flow. Low expenses.

Last Agent to Sell the Property

Mark Perez

Circle Real Estate License #01279393 Listed on: 09/24/2020

Circle Real Estate

Last Buyer's Agent

Unknown Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,623

Year Built

  • Built in 1964

Lot Details

  • 6,701 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 3,540 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Location

  • Urban Location

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 156
  • Tax Tract Number 4511
  • Assessor Parcel Number 6034005021

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $56
  • Fuel Expense $1,410
  • Gardener Expense $1,226
  • Trash Expense $4,105
  • Water Sewer Expense $1,559
  • Operating Expense $8,355
  • Net Operating Income $46,417

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,623

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1559.00
  • Zoning: LARD3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1226.00
  • Parcel Number: 6034005021
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 266.95

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Sewer Paid
  • Trash Expense: 4105.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6701.00
  • Lot Size Acres: 0.1538

Multi Family

  • Electric Expense: 55.93
  • Fuel Expense: 1410.00
  • Gross Scheduled Income: 54772.00
  • Lot Size Area: 6701.0000 Square Feet
  • Net Operating Income: 46417.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 8355.00
  • Rent Control: Yes
  • Total Expenses: 8355.00

Tax Info

  • Tax Census Tract: 2382.00
  • Tax Lot: 156
  • Tax Tract Number: 4511

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2023
Sold by
Anderson Temesia
Bought by
Temesia S Anderson Living Trust and Anderson
Current Estimated Value
$1,084,260

Purchase Details

Closed on
Oct 15, 2020
Sold by
Wilson Mary Elizabeth and Wilson Mary Elizabeth
Bought by
Ferrufino Yorleny and Anderson Temesia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$756,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2017
Sold by
Wilson Mary E
Bought by
Wilson Mary Elizabeth and Mary Elizabeth Wilson Revocable Livingtr

Purchase Details

Closed on
Nov 27, 2007
Sold by
Dorton Bernice
Bought by
Dorton Bernice and Wilson Mary E
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Temesia S Anderson Living Trust -- None Listed On Document
Ferrufino Yorleny $945,000 Fidelity National Title Co
Wilson Mary Elizabeth -- None Available
Dorton Bernice -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferrufino Yorleny $756,000
Previous Owner Dorton Bernice $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2020 12/31/20 Sold $945,000 -0.4% $267 / Sq Ft
10/15/2020 10/15/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $949,000 -- $268 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,623 $1,022,897 $865,945 $156,952
2024 $12,623 $1,002,841 $848,966 $153,875
2023 $12,388 $983,178 $832,320 $150,858
2022 $11,827 $963,900 $816,000 $147,900
2021 $11,669 $945,000 $800,000 $145,000
2020 $1,826 $106,834 $26,871 $79,963
2019 $1,774 $104,766 $26,345 $78,421
2018 $1,660 $102,738 $25,829 $76,909
2017 $1,634 $99,450 $25,323 $74,127
2016 $1,556 $97,501 $24,827 $72,674
2015 $1,539 $96,038 $24,455 $71,583
2014 $1,575 $94,157 $23,976 $70,181
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS20198705

California Regional Multiple Listing Service (CRMLS)

APN: 6034-005-021