NOT LISTED FOR SALE

Estimated Value: $791,000 - $3,204,000

12 Beds
14 Baths
5,288 Sq Ft
$423/Sq Ft Est. Value

Last Sold November 10, 2020

Last sale price $2,200,000 $416 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $14,493/month

57 Days on Market

Highlights

  • New Construction
  • Balcony
  • Tankless Water Heater
  • City Lights View
  • Double Pane Windows
  • Laundry closet

About This Home

As of November 2020

Investors! Brand new building with excellent income! Featuring four separately metered and separately addressed townhome-style units. There are fifth meters for both exterior water and electric, for easy management. The interiors have been completed to a high standard of design with beautiful two-tone kitchens featuring all stainless steel appliances and fully tiled backsplash. Unlike most builds you see, these bathrooms have beautiful tiles and finishes throughout giving them great personality. There are eight parking spaces in total, two per unit. Completely gated with motorized entry gates. Tankless water heaters. These brand new ground-up builds are an excellent investment. Located in a great neighborhood in close proximity to several medical centers and a very short commute to Downtown LA.

Last Agent to Sell the Property

Marietta Anderson

Phoenix RE Consulting License #01874132 Listed on: 08/24/2020

Co-Listed By

Mark Anderson

Phoenix RE Consulting License #01899603

Last Buyer's Agent

Marc Monsod

RealiFi Realty, Inc. License #01944082

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,648

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 4,864 Sq Ft Lot
  • Gated Home
  • Sprinkler System

Interior Spaces

  • 5,288 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows
  • Blinds
  • City Lights Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 14 Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 8 Parking Spaces
  • Driveway
  • Automatic Gate

Outdoor Features

  • Balcony
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Tankless Water Heater
  • Sewer in Street

Listing and Financial Details

  • Tenant pays for electricity, cable TV, gas, trash collection, water
  • The owner pays for gardener
  • Assessor Parcel Number 5153-002-010

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Phoenix Re Consulting Inc Association

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,648

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Architectural
  • Street Number Display: Yes
  • Building Permit: Yes
  • Living Area: 5288
  • Lot Acreage: 0.1117
  • Price Per Unit: 568750.00
  • Property Condition: New Construction
  • Stories: 3
  • Year Built: 2020
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Mixed, Laminate, Tile
  • Bedrooms: 12
  • Common Walls: Attached
  • Laundry: In Unit, Laundry Closet Stacked
  • Total Bathrooms: 14.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 433.06
  • Windows: Double Pane Windows, Window Blinds

Exterior Features

  • Other Features: Balcony, Rain Gutters, Custom Built, Sprinkler System, Two On A Lot
  • Other Structures: None
  • View: City Lights, City
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 8

Utilities

  • Water Heater: Tankless
  • Cooling: Central
  • Electric Expense: 100.00
  • Heating: Central
  • Security: Automatic Gate, Gated
  • Sewer: In Street
  • Water: District
  • Water Expense: 100.00
  • Water Heaters: Yes

Condo/Co-op/Association

  • Management Company: Phoenix RE Consulting Inc
  • Mgmt Co Phone: 3233637597|

Fee Information

  • Insurance Expense: 2500.00

Lot Info

  • Assessed Improvement Percent: 45.56
  • Assessed Improvement Value: 21724
  • Assessed Land Percent: 54.44
  • Assessed Land Value: 25954
  • Total Assessed Value: 47678
  • Assessor Parcel Number: 5153-002-010
  • Lot Size Area: 4864

Rental Info

  • Total Actual Rent: 12900.00
  • Owner Pays: Gardener
  • Rent Control: Yes
  • Tenant Pays: Electricity, Cable TV, Gas, Trash Collection, Water

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 14.69
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 29770
  • Type Of Units: Town House
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 27000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2020
Closed on
Oct 28, 2020
Sold by
The Ando Group Investments Llc
Bought by
Hv & Jl Llc
Seller's Agent
Marietta Anderson
Phoenix RE Consulting
Buyer's Agent
Marc Monsod
RealiFi Realty, Inc.
List Price
$2,325,000
Sold Price
$2,200,000
Premium/Discount to List
-$125,000
-5.38%
Current Estimated Value
$2,239,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,074

Purchase Details

Closed on
Jun 15, 2018
Sold by
Tdc Pacific Properties Inc
Bought by
The Ando Group Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 25, 2017
Sold by
Wong Susan Y and Susan Y Wong Family Trust
Bought by
Td Pacific Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,000
Interest Rate
3.85%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 27, 2017
Sold by
Wong Susan Y
Bought by
Wong Susan Y and Susan Y Wong Family Trust

Purchase Details

Closed on
Jun 7, 2017
Sold by
Wong Susan Y and Hannah Low Trust
Bought by
Wong Susan Y

Purchase Details

Closed on
Jan 16, 2015
Sold by
Low Hannah
Bought by
Low Hannah and Hannah Low Trust
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
Hv & Jl Llc $2,200,000 Provident Title Company
The Ando Group Investment Llc $900,000 Fidelity Sherman Oaks
Td Pacific Properties Inc $520,000 Lawyers Title Company
Wong Susan Y -- None Available
Wong Susan Y -- None Available
Low Hannah -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Ando Group Investments Llc $350,000
Previous Owner Tdc Pacific Properties Inc $250,000
Previous Owner The Ando Group Investment Llc $1,560,000
Previous Owner Tdc/Pacific Properties Inc $459,000
Previous Owner Td Pacific Properties Inc $459,000
Previous Owner Low Hannah $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2020 11/10/20 Sold $2,200,000 -3.9% $416 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
10/15/2020 10/15/20 Price Changed $2,290,000 -0.4% $433 / Sq Ft
09/16/2020 09/16/20 Price Changed $2,299,000 -1.1% $435 / Sq Ft
08/24/2020 08/24/20 For Sale $2,325,000 0.0% $440 / Sq Ft
06/05/2020 06/05/20 Rented $3,300 0.0% --
05/24/2020 05/24/20 Price Changed $3,300 -5.7% $2 / Sq Ft
03/11/2020 03/11/20 For Rent $3,499 -- --
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 $28,648 $2,381,349 $1,407,161 $974,188
2024 $28,648 $2,334,657 $1,379,570 $955,087
2023 $28,096 $2,288,880 $1,352,520 $936,360
2022 $26,792 $2,244,000 $1,326,000 $918,000
2021 $26,451 $2,200,000 $1,300,000 $900,000
2020 $21,362 $918,000 $918,000 $0
2019 $10,880 $900,000 $900,000 $0
2018 $6,434 $520,000 $400,000 $120,000
2016 $669 $46,745 $25,446 $21,299
2015 $661 $46,044 $25,064 $20,980
2014 $678 $45,144 $24,574 $20,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-622958

The MLS

APN: 5153-002-010