NOT LISTED FOR SALE

1634 260th St Los Angeles, CA 90710

12 Beds
10 Baths
8,874 Sq Ft
0.36 Acres

Last Sold December 30, 2021

Last sale price $2,550,000 $287 Per Sq Ft

11 Days on Market

Highlights

  • 0.36 Acre Lot
  • No HOA
  • Laundry Room

About This Home

As of December 2021

Incredible investment opportunity to own a well maintained 13 unit building just above the prime Harbor pines area of Harbor city. Featuring two-2 bedroom units, ten-1 bedroom units, and one - studio unit. Complex includes secured parking with 19 parking spots and community laundry leased with Inglewood Appliance service. Complex also includes a resident manager. Property is subject to Los Angeles City Rent Control. Please drive-by only, do not disturb tenants. Tenants pays electricity, owner pays gas/water/trash. Conveniently located close to shopping and freeway access.

Last Agent to Sell the Property

Nicole Pletkovich

Keller Williams Realty License #02015236 Listed on: 11/29/2021

Keller Williams Realty

Co-Listed By

Gordon Inman

Keller Williams Realty License #00446156

Last Buyer's Agent

John Katnik

BRC Advisors- BH License #02002695

BRC Advisors- BH

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 0.36 Acre Lot
  • Two or More Common Walls
  • Density is 11-15 Units/Acre

Home Design

  • 8,874 Sq Ft Home
  • Apartment

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 10 Bathrooms

Laundry

  • Laundry Room

Parking

  • 19 Open Parking Spaces
  • 19 Parking Spaces

Listing and Financial Details

  • Legal Lot and Block 6 / 129
  • Tax Tract Number 3555
  • Assessor Parcel Number 7411008059

Community Details

Overview

  • No Home Owners Association
  • 13 Units

Amenities

  • Laundry Facilities

Building Details

  • 13 Leased Units
  • Rent Control
  • Electric Expense $1,033
  • Fuel Expense $3,846
  • Gardener Expense $1,060
  • Insurance Expense $4,078
  • Other Expense $1,067
  • Pest Control $200
  • Professional Management Expense $9,367
  • Trash Expense $6,849
  • Water Sewer Expense $6,860
  • New Taxes Expense $37,437
  • Operating Expense $71,777
  • Gross Income $164,940
  • Net Operating Income $93,163

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • CapRate: 3.11
  • Professional Management Expense: 9367.00
  • Property Attached: Yes
  • Water Sewer Expenses: 6860.00
  • Zoning: LAR3
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1060.00
  • Parcel Number: 7411008059
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 287.36

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 19.00
  • Uncovered Spaces: 19.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Pest Control Expense: 200.00
  • Sewer: Public Sewer
  • Trash Expense: 6849.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 15812.00
  • Lot Size Acres: 0.3630

Multi Family

  • Electric Expense: 1033.00
  • Fuel Expense: 3846.00
  • Gross Income: 164940.00
  • Gross Multiplier: 18.00
  • Gross Operating Income: 164940.00
  • Gross Scheduled Income: 164940.00
  • Insurance Expense: 4078.00
  • Laundry Income: 984.00
  • Lot Size Area: 15812.0000 Square Feet
  • Net Operating Income: 93163.00
  • Number Of Units Leased: 13
  • Number Of Units Total: 13
  • Operating Expense: 71777.00
  • Other Expense: 1067.00
  • Other Expense Description: RSO
  • Rent Control: Yes
  • Total Actual Rent: 13745.00
  • Total Expenses: 71777.00

Tax Info

  • New Taxes Expense: 37437.00
  • Tax Block: 129
  • Tax Census Tract: 2933.06
  • Tax Lot: 6
  • Tax Tract Number: 3555

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2021 12/30/21 Sold $2,550,000 -14.9% $287 / Sq Ft
12/10/2021 12/10/21 Pending -- -- --
11/29/2021 11/29/21 For Sale $2,995,000 -- $338 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Nicole Pletkovich

    Seller's Agent in 2021

    Nicole Pletkovich

    Keller Williams Realty

    (424) 558-0476

    3 in this area

    79 Total Sales

    Nicole Pletkovich
    Section Image

  • G

    Seller Co-Listing Agent in 2021

    Gordon Inman

    Keller Williams Realty

    (310) 936-1979

    1 in this area

    65 Total Sales

    Gordon Inman
    Section Image
  • John Katnik

    Buyer's Agent in 2021

    John Katnik

    BRC Advisors- BH

    (310) 956-2291

    3 in this area

    67 Total Sales

    John Katnik
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV21256346

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Los Angeles 90710

1634 260th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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