NOT LISTED FOR SALE
10 Beds
5 Baths
4,267 Sq Ft
5,288 Sq Ft Lot

Last Sold September 12, 2014

Last sale price $530,000 $124 Per Sq Ft

7 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • No HOA
  • Living Room
  • 2 Car Garage

About This Home

As of September 2014

Opportunity for investor or occupant/owner to own a five-unit complex in the heart of Los Angeles, at a low per-unit price. 100% occupied with long term tenants and all contract with section 8 housing.

Last Agent to Sell the Property

GINA LIEU DUONG

GOT INVESTMENT License #01049351 Listed on: 07/29/2014

Last Buyer's Agent

Kyle Young

3L Properties, Inc. License #01902695

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 5,288 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Level Lot

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

  • Raised Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 4,267 Sq Ft Home
  • Blinds
  • Living Room

Kitchen

  • Gas Range
  • Free-Standing Range
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Termite Clearance

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Gas Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 11
  • Tax Tract Number 2326
  • Assessor Parcel Number 5003016010

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $480
  • Insurance Expense $2,700
  • Maintenance Expense $100
  • Pest Control $100
  • Professional Management Expense $1
  • Trash Expense $1,332
  • Water Sewer Expense $5,400
  • New Taxes Expense $8,278
  • Gross Income $5,666
  • Net Operating Income $49,053

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Michael
  • Other Phone Number: 9098379165
  • Price Per Unit: 115000
  • Professional Management Expense: 1.00
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 5400.00
  • Property Condition: Termite Clearance
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 5003016010
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile, Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 124.21
  • Room Type: Living Room
  • Window Features: Blinds

Exterior Features

  • Foundation: Raised
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Asphalt, Composition, Shingle
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Garage, Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Disposal, Gas Range, Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Inside, Individual Room, Washer Hookup
  • Pest Control Expense: 100.00
  • Sewer: Sewer Paid
  • Trash Expense: 1332.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Level, Level with Street
  • Lot Size Sq Ft: 5288.00
  • Lot Size Acres: 0.1210

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 835
  • Gross Income: 5666.00
  • Gross Scheduled Income: 67944.00
  • Insurance Expense: 2700.00
  • Lot Size Area: 5288.0000 Square Feet
  • Maintenance Expense: 100.00
  • Net Operating Income: 49053.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 18891.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8278.00
  • Tax Lot: 11
  • Tax Tract Number: 2326
  • Tax Year: 2013

Range of Values:

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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 Change Sq Ft Price
09/12/2014 09/12/14 Sold $530,000 -7.8% $124 / Sq Ft
05/28/2014 05/28/14 Pending -- -- --
05/21/2014 05/21/14 For Sale $575,000 -- $135 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV14109852

California Regional Multiple Listing Service (CRMLS)