NOT LISTED FOR SALE

1648 W 107th St Los Angeles, CA 90047

8 Beds
6 Baths
4,002 Sq Ft
6,033 Sq Ft Lot

Last Sold September 27, 2019

Last sale price $1,130,000 $282 Per Sq Ft

190 Days on Market

About This Home

As of September 2019

This nice and clean rental units are located in a nice area of Los Angeles very good rental area, property consist of two 2 bedrooms 1 bath and four 1 bedroom 1 bath units. Clean units feature hardwood floors, granite counter tops, dishwashers, copper plumbing and new windows. Centrally located close to LAX, the new LA Rams stadium, just minutes away from downtown LA and beaches.

Last Agent to Sell the Property

Rene Alarcon

Big Block Powerhouse Realty License #01273910 Listed on: 01/17/2019

Last Buyer's Agent

Sergio Angulo

Century 21 Realty Masters License #02068594

Century 21 Realty Masters

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 6,033 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 4,002 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Parking

  • 1 Open Parking Space
  • 7 Parking Spaces
  • 6 Carport Spaces

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 57
  • Tax Tract Number 6003
  • Assessor Parcel Number 6077002007

Community Details

Overview

  • 6 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $480
  • Insurance Expense $4,375
  • Water Sewer Expense $2,640
  • New Taxes Expense $15,624
  • Operating Expense $23,119
  • Gross Income $98,280
  • Net Operating Income $75,161

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • CapRate: 6.54
  • Inclusions: All fixtures
  • Property Attached: No
  • Water Sewer Expenses: 2640.00
  • Zoning: LCR4YY
  • Property Type: Residential Income
  • Parcel Number: 6077002007
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 282.36

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 6.00
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6033.00
  • Lot Size Acres: 0.1385

Multi Family

  • Electric Expense: 480.00
  • Gross Income: 98280.00
  • Gross Multiplier: 11.69
  • Gross Scheduled Income: 98280.00
  • Insurance Expense: 4375.00
  • Lot Size Area: 6033.0000 Square Feet
  • Net Operating Income: 75161.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 23119.00
  • Rent Control: No
  • Total Actual Rent: 8040.00
  • Total Expenses: 23119.00

Tax Info

  • New Taxes Expense: 15624.00
  • Tax Census Tract: 6003.02
  • Tax Lot: 57
  • Tax Tract Number: 6003

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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2019 09/27/19 Sold $1,130,000 -1.7% $282 / Sq Ft
07/26/2019 07/26/19 Pending -- -- --
06/18/2019 06/18/19 Price Changed $1,149,000 -2.2% $287 / Sq Ft
05/10/2019 05/10/19 Price Changed $1,174,900 -1.2% $294 / Sq Ft
04/22/2019 04/22/19 Price Changed $1,189,500 -0.7% $297 / Sq Ft
04/16/2019 04/16/19 For Sale $1,197,500 0.0% $299 / Sq Ft
03/12/2019 03/12/19 Pending -- -- --
03/06/2019 03/06/19 Price Changed $1,197,500 -1.4% $299 / Sq Ft
01/30/2019 01/30/19 Price Changed $1,215,000 +8.6% $304 / Sq Ft
01/30/2019 01/30/19 Price Changed $1,119,000 -10.5% $280 / Sq Ft
01/17/2019 01/17/19 For Sale $1,249,900 +16.8% $312 / Sq Ft
06/23/2017 06/23/17 Sold $1,069,900 -0.5% $267 / Sq Ft View Prior Sale
04/24/2017 04/24/17 For Sale $1,075,000 0.0% $269 / Sq Ft
04/24/2017 04/24/17 Price Changed $1,075,000 +4.9% $269 / Sq Ft
03/15/2017 03/15/17 Pending -- -- --
01/19/2017 01/19/17 Price Changed $1,025,000 -14.6% $256 / Sq Ft
11/03/2016 11/03/16 For Sale $1,200,000 -- $300 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS19014189

California Regional Multiple Listing Service (CRMLS)