NOT LISTED FOR SALE

155 E 97th St Los Angeles, CA 90003

Broadway-Manchester Neighborhood

Estimated Value: $864,000 - $1,106,000

8 Beds
4 Baths
3,132 Sq Ft
$329/Sq Ft Est. Value

Last Sold April 25, 2017

Last sale price $615,000 $196 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $6,107/month

10 Days on Market

About This Home

As of April 2017

***Great 4-unit Building!*** Corner building on large lot with gated parking and secured entry. Well maintained grounds and newer laminate floors in all 4 units. All 2-bdrm + 1-bath good-sized units -- but 2 of them are especially large featuring breakfast nooks in the kitchens & extra storage. Rents are $1500, $908, $1305 and $1273. Property is in rent control, but all 4 tenants are Section 8! Rare opportunity for maximizing investment income in LA! Don't wait! Please DO NOT disturb tenants. See private remarks for showing instructions.

Last Agent to Sell the Property

Nandi Cooper

R.S. Cooper & Assocs Realty License #01379199 Listed on: 03/31/2017

Last Buyer's Agent

Antoine Dagher

Homequest Real Estate Corp. License #01983238

Homequest Real Estate Corp.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 5,403

Home Design

  • Quadruplex

Interior Spaces

  • 3,132 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Gated Parking

Additional Features

  • 5,403 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 6052-004-021

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: ***Great 4-unit Building!*** Large corner lot with gated parking and secured entry. Well maintained grounds and newer laminate floors in all 4 units. All 2-bdrm + 1-bath good-sized units -- but 2 of them are especially large featuring breakfast nooks in the kitchens, oversized bathrooms & extra storage. Rents are $1500, $908, $1305 and $1273. Property is in rent control, but all 4 tenants are Section 8! Rare opportunity for maximizing investment income in LA! Don't wait! Please DO NOT disturb tenants. See private remarks for showing instructions.
  • Living Area: 3132
  • Stories: 2
  • Year Built: 1960
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 164.40

Exterior Features

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

Garage/Parking

  • Parking Garage: Gated
  • Total Parking: 4

Utilities

  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 170000
  • Assessed Land Value: 305000
  • Assessor Parcel Number: 6052-004-021
  • Geocode Override: No
  • Lot Size Area: 5403

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Type Of Units: Quadruplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2017
Closed on
May 22, 2017
Sold by
The 18Th Amendment Llc
Bought by
Spartan 97 Llc
Seller's Agent
Nandi Cooper
R.S. Cooper & Assocs Realty
Buyer's Agent
Antoine Dagher
Homequest Real Estate Corp.
List Price
$514,900
Sold Price
$615,000
Premium/Discount to List
$100,100
19.44%
Current Estimated Value
$1,029,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,041
Avg. Annual Appreciation
6.07%

Purchase Details

Listed on
Mar 31, 2017
Closed on
Apr 13, 2017
Sold by
Davis Drew Alexander
Bought by
The 18Th Amendment Llc
Seller's Agent
Nandi Cooper
R.S. Cooper & Assocs Realty
Buyer's Agent
Antoine Dagher
Homequest Real Estate Corp.
List Price
$514,900
Sold Price
$615,000
Premium/Discount to List
$100,100
19.44%

Purchase Details

Closed on
Jul 21, 2016
Sold by
Davis Sharleen
Bought by
Davis Drew Alexander

Purchase Details

Closed on
Feb 25, 2008
Sold by
Davis Donna Kay
Bought by
Davis Donnakay and The Donnakay Davis 2008 Revocable Trust

Purchase Details

Closed on
Jul 7, 2004
Sold by
Ballew Kent L
Bought by
Davis Donna Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2002
Sold by
Rodriguez Marc
Bought by
Ballew Kent L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
6.84%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 18, 2000
Sold by
Hubert Oscar
Bought by
Rodriguez Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
10.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Spartan 97 Llc -- None Available
The 18Th Amendment Llc $615,000 Fidelity National Title Co
Davis Drew Alexander -- None Available
Davis Drew Alexander -- None Available
Davis Donnakay -- None Available
Davis Donna Kay $450,000 Equity Title Company
Ballew Kent L $295,000 American Title Co
Rodriguez Marc $215,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis Donna Kay $337,500
Previous Owner Ballew Kent L $59,000
Previous Owner Rodriguez Marc $256,500
Closed Davis Donna Kay $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2017 04/25/17 Sold $615,000 0.0% $196 / Sq Ft
04/10/2017 04/10/17 Pending -- -- --
04/04/2017 04/04/17 Off Market $615,000 -- --
03/31/2017 03/31/17 For Sale $514,900 -- $164 / 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 $9,364 $713,754 $307,553 $406,201
2024 $9,364 $699,760 $301,523 $398,237
2023 $9,191 $686,040 $295,611 $390,429
2022 $8,787 $672,589 $289,815 $382,774
2021 $8,666 $659,402 $284,133 $375,269
2019 $8,414 $639,846 $275,706 $364,140
2018 $8,334 $627,300 $270,300 $357,000
2016 $6,418 $475,000 $305,000 $170,000
2015 $6,133 $452,000 $291,300 $160,700
2014 $6,271 $452,000 $291,300 $160,700
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2017

    Nandi Cooper

    R.S. Cooper & Assocs Realty

    (323) 299-4876

    1 in this area

    8 Total Sales

    Nandi Cooper
    Section Image
  • Antoine Dagher

    Buyer's Agent in 2017

    Antoine Dagher

    Homequest Real Estate Corp.

    (909) 606-0888

    Antoine Dagher
    Section Image
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Map

Source: The MLS

MLS Number: 17-217016

The MLS

APN: 6052-004-021

California Los Angeles County Los Angeles 90003 Broadway-Manchester

155 E 97th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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