NOT LISTED FOR SALE

Estimated Value: $1,045,000 - $1,335,000

8 Beds
4 Baths
2,500 Sq Ft
$488/Sq Ft Est. Value

Last Sold October 11, 2022

Last sale price $885,000 $354 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $7,386/month

Highlights

  • Property is near public transit
  • Back Yard
  • 5-minute walk to Denker Recreation Center
  • Park

About This Home

As of October 2022

This property sits on a large lot with room for growth. Close to USC, Expo Rail Line, 10 and 110 Freeways with easy access to Downtown Los Angeles, Culver City, Santa Monica, Hollywood, Exposition Park, the Coliseum, Banc Of California Stadium, shops and many other amenities. Each unit is 4 bedrooms and 2 bath with plenty of space.
Seller would prefer to have this building sold along with 1664 W. 36th. They are across the shared driveway from each other and both sellers are related. This could be an investor’s dream. No sign on property.

Last Agent to Sell the Property

Lanclot Maxwell

ABM Realty Group License #01099794 Listed on: 07/03/2022

Last Buyer's Agent

Liseth Perez

Real Brokerage Technologies Inc License #02101473

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,321

Year Built

  • Built in 1991

Lot Details

  • 7,598 Sq Ft Lot
  • No Common Walls
  • Back Yard

Home Design

  • 2,500 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 4 Parking Spaces
  • 2 Carport Spaces

Location

  • Property is near public transit

Listing and Financial Details

  • Tax Lot 42
  • Tax Tract Number 15
  • Assessor Parcel Number 5041015032
  • $471 per year additional tax assessments

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $1,100
  • Water Sewer Expense $696
  • Operating Expense $1,796

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,321

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Price Per Unit: 462500
  • Property Attached: No
  • Water Sewer Expenses: 696.00
  • Zoning: LAR4
  • Property Type: Residential Income
  • Parcel Number: 5041015032
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 354.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Park, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Near Public Transit
  • Lot Size Sq Ft: 7598.00
  • Lot Size Acres: 0.1744

Multi Family

  • Insurance Expense: 1100.00
  • Lot Size Area: 7598.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Expenses: 1796.00

Tax Info

  • Tax Census Tract: 2225.00
  • Tax Lot: 42
  • Tax Tract Number: 15-73
  • TaxOtherAnnualAssessmentAmount: 471.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2003
Sold by
Morris Earl and Morris Gladys
Bought by
Morris Earl
Current Estimated Value
$1,218,776
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Morris Earl -- --
Morris Earl -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2022 10/11/22 Sold $885,000 -4.3% $354 / Sq Ft
07/09/2022 07/09/22 Pending -- -- --
07/03/2022 07/03/22 For Sale $925,000 -- $370 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,321 $920,754 $572,220 $348,534
2024 $11,321 $902,700 $561,000 $341,700
2023 $11,322 $902,700 $632,400 $270,300
2022 $3,315 $242,101 $72,131 $169,970
2021 $3,260 $237,355 $70,717 $166,638
2019 $3,175 $230,317 $68,620 $161,697
2018 $3,002 $225,802 $67,275 $158,527
2016 $2,851 $217,035 $64,663 $152,372
2015 $2,813 $213,776 $63,692 $150,084
2014 $2,838 $209,590 $62,445 $147,145
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22145515

California Regional Multiple Listing Service (CRMLS)

APN: 5041-015-032