NOT LISTED FOR SALE

1634 260th St Los Angeles, CA 90710

12 Beds
10 Baths
8,874 Sq Ft
0.36 Acres Lot

Sale Details

Date Sold: December 30, 2021

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

11 Days on Market

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

  • 15,812 Sq Ft 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 in unit

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

0.36 Acres

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $36,445 $2,706,080 $1,644,872 $1,061,208
2024 $35,315 $2,653,020 $1,612,620 $1,040,400
2023 $34,648 $2,601,000 $1,581,000 $1,020,000
2022 $33,122 $2,550,000 $1,550,000 $1,000,000
2021 $9,574 $525,520 $111,881 $413,639
2019 $9,339 $511,734 $108,563 $403,171
2018 $8,991 $501,736 $106,435 $395,301
2016 $8,480 $480,525 $102,303 $378,222
2015 $8,347 $473,308 $100,767 $372,541
2014 $8,102 $464,038 $98,794 $365,244
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV21256346

California Regional Multiple Listing Service (CRMLS)
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