NOT LISTED FOR SALE

Estimated Value: $750,226 - $762,000

18 Beds
7 Baths
4,787 Sq Ft
$158/Sq Ft Est. Value

Last Sold December 04, 2023

Last sale price $700,000 $146 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,818/month

42 Days on Market

About This Home

As of December 2023

Great investment opportunity. Property is being sold as is. Please do not disturb the tenants. Drive by only. Please write offer subject to interior inspection. City of LA Report of residential property records (9a) and title reflect 6 units. Buyer and buyer's agent to perform their due diligence. Please call or text agent with any questions. please find report in supplements

Last Agent to Sell the Property

Daniel Camacho

T.N.G. Real Estate Consultants License #01775428 Listed on: 10/05/2023

T.N.G. Real Estate Consultants

Last Buyer's Agent

Daniel Camacho

T.N.G. Real Estate Consultants License #01775428 Listed on: 10/05/2023

T.N.G. Real Estate Consultants

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,462

Year Built

  • Built in 1906

Lot Details

  • 6,206 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 4,787 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 7 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 126
  • Assessor Parcel Number 5119026020

Community Details

Overview

  • 3 Buildings
  • 7 Units

Building Details

  • Rent Control
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • Insurance Expense $878
  • Other Expense $8,738
  • Trash Expense $1,000
  • Water Sewer Expense $11,289
  • Operating Expense $25,157
  • Gross Income $66,036
  • Net Operating Income $40,879

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,462

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Price Per Unit: 103571
  • Property Attached: Yes
  • Water Sewer Expenses: 11289.00
  • Zoning: LAR2
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5119026020
  • Year Built: 1906
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: 1-2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 146.23

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6206.00
  • Lot Size Acres: 0.1425

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Gross Income: 66036.00
  • Gross Scheduled Income: 66036.00
  • Insurance Expense: 878.00
  • Lot Size Area: 6206.0000 Square Feet
  • Net Operating Income: 40879.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Units Total: 7
  • Operating Expense: 25157.00
  • Other Expense: 8738.00
  • Other Expense Description: repairs
  • Rent Control: Yes
  • Total Expenses: 25157.00

Tax Info

  • Tax Census Tract: 2270.10
  • Tax Lot: 126
  • Tax Tract Number: 00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Oct 26, 2023
Sold by
Rodriguez Robert Richard
Bought by
Mier Melissa
Seller's Agent
Daniel Camacho
T.N.G. Real Estate Consultants
Buyer's Agent
Daniel Camacho
T.N.G. Real Estate Consultants
List Price
$725,000
Sold Price
$700,000
Premium/Discount to List
-$25,000
-3.45%
Views
22
Current Estimated Value
$756,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,113
Avg. Annual Appreciation
4.45%

Purchase Details

Listed on
Oct 5, 2023
Closed on
Oct 11, 2023
Sold by
Mier Melissa
Bought by
South East Llc
Seller's Agent
Daniel Camacho
T.N.G. Real Estate Consultants
Buyer's Agent
Daniel Camacho
T.N.G. Real Estate Consultants
List Price
$725,000
Sold Price
$700,000
Premium/Discount to List
-$25,000
-3.45%
Views
22

Purchase Details

Closed on
Jan 30, 2023
Sold by
Mier Milton
Bought by
Mier Melissa

Purchase Details

Closed on
Dec 17, 2020
Sold by
Mier Milton
Bought by
Mier Milton

Purchase Details

Closed on
Jan 2, 2020
Sold by
Mier Milton
Bought by
Mier Melissa

Purchase Details

Closed on
Dec 29, 2009
Sold by
Mier Peter and Mier Edwina V
Bought by
Mier Peter and Mier Edwina V
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
Mier Melissa -- Ticor Title Company
South East Llc $700,000 Ticor Title Company
Mier Melissa -- --
Mier Milton -- Accommodation
Mier Melissa -- None Available
Mier Milton -- None Available
Mier Peter -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mier Peter $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2023 12/04/23 Sold $700,000 -3.4% $146 / Sq Ft
10/05/2023 10/05/23 For Sale $725,000 -- $151 / 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 $9,462 $714,000 $510,000 $204,000
2024 $9,462 $700,000 $500,000 $200,000
2023 $8,987 $660,592 $245,457 $415,135
2022 $8,603 $647,641 $240,645 $406,996
2021 $3,244 $189,348 $56,437 $132,911
2020 $3,261 $187,408 $55,859 $131,549
2019 $3,170 $183,734 $54,764 $128,970
2018 $3,032 $180,133 $53,691 $126,442
2016 $2,820 $173,140 $51,607 $121,533
2015 $2,790 $170,540 $50,832 $119,708
2014 $2,839 $167,201 $49,837 $117,364
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW23186689

California Regional Multiple Listing Service (CRMLS)

APN: 5119-026-020