NOT LISTED FOR SALE

1501 W 105th St Los Angeles, CA 90047

Westmont Neighborhood

Estimated Value: $996,000 - $1,410,649

11 Beds
7 Baths
2,475 Sq Ft
$487/Sq Ft Est. Value

Last Sold March 24, 2015

Last sale price $605,000 $244 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $7,494/month

21 Days on Market

Highlights

  • 19,060 Sq Ft lot
  • Ceiling Fan
  • 1-Story Property
  • Granite Countertops

About This Home

As of March 2015

Great opportunity to own income producing property located in the county. Property consists of 4 separate houses with private yards in good shape on a large flat lot with lots of potential a must see.

Last Agent to Sell the Property

Daniel Perlstein

DANCO Inc. License #01325358 Listed on: 02/10/2015

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,048

Year Built

  • Built in 1918

Lot Details

  • 0.44 Acre Lot

Interior Spaces

  • 2,475 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Granite Countertops

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 7 Bathrooms

Parking

  • 8 Parking Spaces
  • Carport
  • Uncovered Parking

Utilities

  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Community Details

  • 4 Buildings
  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 6059-019-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,048

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2475
  • Stories: 1
  • Year Built: 1918
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 11
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Granite Counters
  • Total Bathrooms: 7.00
  • Den: 0
  • Equipment: Ceiling Fan, Hood Fan
  • Price Per S Q F T: 252.53

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Carport, Uncovered
  • Total Parking: 8

Utilities

  • Water Heater: Gas
  • Heating: Wall
  • Water Expense: 2333.00

Fee Information

  • Insurance Expense: 2374.00

Lot Info

  • Assessed Improvement Value: 85100
  • Assessed Land Value: 339900
  • Assessor Parcel Number: 6059-019-001
  • Geocode Override: No
  • Lot Size Area: 19060

Rental Info

  • Owner Pays: Gardener, Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 8.40
  • Number Of Units: 4
  • Total Annual Expense: 16239
  • Type Of Units: residential
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 7812.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2015
Closed on
Mar 9, 2015
Sold by
Eden Miriam L
Bought by
Normandie Holdings Llc
Seller's Agent
Daniel Perlstein
DANCO Inc.
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$625,000
Sold Price
$605,000
Premium/Discount to List
-$20,000
-3.2%
Current Estimated Value
$1,206,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$601,412
Avg. Annual Appreciation
5.88%

Purchase Details

Closed on
Oct 25, 2010
Sold by
Danco Inc
Bought by
Eden Miriam L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
4.33%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 17, 2009
Sold by
Hsbc Mortgage Corporation Usa
Bought by
Danco Inc

Purchase Details

Closed on
Nov 4, 2008
Sold by
Colbert Lynn M
Bought by
Hsbc Mortgage Corporation Usa

Purchase Details

Closed on
Feb 5, 2007
Sold by
The Money Network Inc
Bought by
Colbert Lynn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.31%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 12, 2005
Sold by
Equity Ii Rehabbing Corp
Bought by
Colbert Lynn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,000
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 2003
Sold by
Colbert Lynn M
Bought by
The Money Network Inc

Purchase Details

Closed on
Feb 21, 2003
Sold by
The Money Network Inc
Bought by
Colbert Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2002
Sold by
Wilson Jeanette R and Wilson Revocable Trust
Bought by
The Money Network Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.13%

Purchase Details

Closed on
Sep 23, 1986
Sold by
Wilson Louis A and Wilson Jeanette R
Bought by
Wilson Louis Andrew and Wilson Jeanette
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Normandie Holdings Llc $605,000 Title 365
Eden Miriam L $569,000 Lawyers Title Company
Danco Inc -- Chicago Title Company
Hsbc Mortgage Corporation Usa $333,000 None Available
Colbert Lynn M -- Accommodation
Colbert Lynn M $520,000 Ticor Title Co
The Money Network Inc -- Landsafe Title
Colbert Lynn M -- Landsafe Title
Colbert Bruce $350,000 Landsafe Title
The Money Network Inc $225,000 Landsafe Title Co
Wilson Louis Andrew -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eden Miriam L $384,000
Previous Owner Eden Miriam L $40,000
Previous Owner Colbert Lynn M $580,000
Previous Owner Colbert Lynn M $30,000
Previous Owner Colbert Lynn M $442,000
Previous Owner Colbert Bruce $322,700
Previous Owner The Money Network Inc $200,000
Closed The Money Network Inc $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2015 03/24/15 Sold $605,000 -3.2% $244 / Sq Ft
03/03/2015 03/03/15 Pending -- -- --
02/10/2015 02/10/15 For Sale $625,000 -- $253 / Sq Ft
Source: The MLS

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 $11,048 $727,111 $456,699 $270,412
2024 $11,048 $712,855 $447,745 $265,110
2023 $10,540 $698,878 $438,966 $259,912
2022 $10,099 $685,175 $430,359 $254,816
2021 $9,999 $671,741 $421,921 $249,820
2020 $10,067 $664,854 $417,595 $247,259
2019 $9,722 $651,818 $409,407 $242,411
2018 $9,425 $639,038 $401,380 $237,658
2016 $8,963 $614,226 $385,795 $228,431
2015 $6,728 $425,000 $339,900 $85,100
2014 $6,784 $425,000 $339,900 $85,100
Source: Public Records

Agents Affiliated with this Home

  • Daniel Perlstein

    Seller's Agent in 2015

    Daniel Perlstein

    DANCO Inc.

    (310) 842-8235

    25 Total Sales

    Daniel Perlstein
    Section Image

  • S

    Buyer's Agent in 2015

    Subscriber Non

    Non-Participant Office

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Map

Source: The MLS

MLS Number: 15-878029

The MLS

APN: 6059-019-001

California Los Angeles County Los Angeles 90047 Westmont

1501 W 105th St, Los Angeles, CA

This home is located at 1501 W 105th St, Los Angeles, CA 90047 since 10 February 2015 and is currently estimated at $1,206,412, approximately $487 per square foot. This property was built in 1918. 1501 W 105th St is a home located in Los Angeles County with nearby schools including Century Park Elementary School, George Washington Preparatory High School, and Teach Academy Of Technologies.

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